JOB DESCRIPTION
Financial Reporting:
- Prepare accurate monthly, quarterly, and annual financial statements (Income Statement, Balance Sheet, and Cash Flow).
- Ensure compliance with accounting standards (IFRS, GAAP, or other relevant local standards).
- Review journal entries, account reconciliations, and financial reports for accuracy and completeness.
Accounting Operations:
- Supervise the day-to-day accounting activities, including accounts payable, accounts receivable, payroll, and general ledger.
- Ensure proper internal controls to safeguard company assets and financial data.
- Manage monthly and year-end closing procedures.
Budgeting & Forecasting:
- Assist in the preparation of the company's annual budget and periodic financial forecasts.
- Monitor actual performance against the budget and provide variance analysis.
- Provide insights into potential cost-saving opportunities and financial risks.
Compliance & Audit:
- Ensure compliance with tax laws and regulatory requirements.
- Coordinate with external auditors during annual audits and ensure timely completion of audits.
- Monitor adherence to financial policies, procedures, and regulations.
Financial Analysis:
- Provide financial analysis and reports to support management in decision-making.
- Perform profitability analysis and identify areas for improvement.
- Evaluate financial performance and suggest strategies for optimization.
Cash Flow Management:
- Oversee cash flow management, ensuring sufficient funds are available for daily operations.
- Manage bank relationships, cash position, and liquidity.
Team Leadership:
- Lead and manage the accounts and finance team, providing guidance, training, and performance evaluations.
- Collaborate with other departments to ensure smooth financial operations and support company goals.
Ad-hoc Duties:
- Handle special financial projects as required.
Keep updated with changes in financial regulations, trends, and best practices.
