Accounts And Finance Manager

Key Responsibilities:

• Financial Reporting & Analysis:
• Oversee the preparation of timely and accurate financial statements, including balance sheets, profit and loss statements, and cash flow statements.
• Analyze financial data and provide insights into profitability, trends, and key performance indicators (KPIs) to senior management.
• Prepare monthly, quarterly, and annual financial reports for management and regulatory bodies.
• Conduct variance analysis and explain any discrepancies between actual and budgeted figures.
• Budgeting & Forecasting:
• Lead the development and management of the annual budget, ensuring that all departments comply with the financial targets.
• Prepare and maintain forecasts, including cash flow, and manage the financial impact of various business scenarios.
• Provide financial recommendations based on current budgetary performance and market conditions.
• Accounts Management:
• Supervise the day-to-day operations of the accounting department, ensuring the accurate recording of financial transactions.
• Oversee accounts payable and accounts receivable processes, ensuring timely payments and collections.
• Ensure accurate and timely reconciliation of all bank accounts, general ledgers, and financial data.
• Ensure all financial records are maintained in compliance with accounting principles and regulations.
• Taxation & Compliance:
• Ensure compliance with all relevant tax laws, including corporate tax, VAT, and payroll taxes, and oversee tax filings.
• Prepare and file tax returns and reports in a timely manner to ensure the company adheres to local and international tax regulations.
• Manage external audits and coordinate with auditors to ensure accurate and efficient audits.
• Internal Controls & Risk Management:
• Establish, implement, and monitor internal controls to safeguard company assets and ensure accuracy in financial reporting.
• Develop and enforce financial policies and procedures to minimize financial risks and improve operational efficiency.
• Identify potential financial risks and propose strategies for mitigation.
• Cash Flow & Treasury Management:
• Oversee cash flow management, ensuring the organization has adequate liquidity for operations and investments.
• Monitor and optimize the company's working capital, managing debt, and equity to support business operations.
• Team Management & Development:
• Lead, supervise, and mentor the finance and accounting team to ensure productivity and efficiency.
• Train team members on accounting principles, financial systems, and best practices.
• Conduct performance reviews and set developmental goals for team members.
• Strategic Planning Support:
• Work closely with senior management to provide financial insights for strategic decision-making, business growth, and expansion plans.
• Assist in evaluating new business opportunities, investments, and pricing strategies from a financial perspective.