Assistant Manager- Finance & Accounts

The Assistant Manager - Finance will play a critical role in overseeing and managing the company's financial audits, tax compliance, sales recovery processes, and bank guarantees. This position requires a detail-oriented, analytical, and proactive individual capable of working in a fast-paced environment. The Assistant Manager will ensure financial activities are conducted in accordance with internal policies and relevant regulatory requirements, aiming for efficiency and financial integrity.

Key Responsibilities:

A) Audit Management:

• Plan and execute internal and external financial audits to ensure compliance with accounting standards and statutory requirements.
• Coordinate with auditors, providing necessary information and facilitating audits.
• Analyze audit findings and implement corrective actions.

B) Tax Compliance:

• Oversee the preparation and filing of all tax returns, ensuring compliance with local, and

national tax laws and regulations.

• Stay updated on tax legislation changes and advise management on tax impact and strategies.
• Handle tax audits and inquiries from tax authorities.

C) Sales Recovery:

• Develop and implement strategies for effective sales recovery to minimize outstanding

receivables and improve cash flow.

• Monitor and analyze sales recovery performance, identifying and addressing issues promptly.
• Work closely with the sales and customer service teams to resolve disputes and streamline the recovery process.

D) Bank Guarantees (BG):

• Manage the issuance, amendment, and closure of bank guarantees in accordance with project requirements and financial policies.
• Liaise with banks and financial institutions to negotiate terms and ensure compliance with contractual obligations.
• Monitor BG expiry dates and ensure timely renewals or cancellations.

E) Job Rotation:

Participate in the finance department's job rotation program, designed to broaden financial expertise and promote a deeper understanding of all finance functions.

This program facilitates professional growth, enhances teamwork, and supports career development within the department.

F) Skills:

• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management abilities.
• Effective communication and interpersonal skills.
• Proficiency in financial software and MS Office.

G) Experience:

• Minimum of 4 to 9 years of experience in finance, with a focus on audit, tax, sales recovery, and bank guarantees.
• Strong knowledge of accounting principles, tax laws, and financial regulations.
• Proven track record in managing audits, tax compliance, and financial reporting.
• Experience in sales recovery strategies and bank guarantee management.
• Demonstrated ability to work under pressure and meet tight deadlines.

H) Working Conditions:

• This is a full-time position that may require extra hours during peak periods, such as financial

year-end or tax season.

• Office-based role with the possibility of occasional travel for meetings with auditors, tax

authorities, and financial institutions.