Finance and Accounts Manager

Job Description

Job Summary: We are seeking a skilled and experienced Accounts and Finance Manager to join our growing team. The ideal candidate will have a solid background in financial management, accounting, and reporting. In this role, you will manage day-to-day accounting operations, oversee financial planning and analysis, ensure compliance with financial regulations, and contribute to the companys financial strategy. Key Responsibilities: Financial Management and Reporting : Oversee the preparation and management of accurate financial statements, including balance sheets, profit and loss statements, and cash flow statements. Lead monthly, quarterly, and annual financial closing processes. Prepare and present financial reports to management, providing insights into financial performance, trends, and variances. Ensure all accounting activities are compliant with regulatory standards (e.g., IFRS, GAAP). Budgeting and Forecasting : Develop, manage, and monitor the companys annual budget and long-term financial forecasts. Conduct variance analysis and advise on corrective actions when needed. Collaborate with departmental heads to align budgets with business objectives. Cash Flow and Treasury Management : Monitor and manage cash flow, ensuring liquidity to meet operational needs. Oversee bank accounts, manage intercompany transactions, and liaise with financial institutions. Develop and implement effective cash management strategies. Accounts Payable and Receivable : Supervise the accounts payable and receivable functions to ensure timely and accurate processing of invoices and receipts. Review and approve payments, ensuring proper documentation and compliance. Monitor aging reports and assist in collections when necessary. Internal Controls and Compliance : Establish and maintain internal control systems to safeguard company assets and ensure the integrity of financial data. Ensure compliance with tax regulations, audits, and statutory filings. Coordinate with external auditors for annual audits and reviews. Team Management and Development : Lead and mentor a team of junior accountants and finance staff, providing guidance on day-to-day accounting tasks and long-term professional development. Conduct regular performance reviews and provide feedback. Financial Strategy and Analysis : Assist senior management in developing strategic financial plans, investment decisions, and risk management strategies. Perform financial analysis to support business decision-making, including ROI, cost-benefit analysis, and break-even analysis. Recommend improvements to processes, systems, and procedures to drive efficiency and reduce costs. Systems and Process Improvements : Implement and improve financial systems (ERP, accounting software) to streamline operations. Ensure accurate data entry and financial records maintenance. Qualifications: Education : Bachelor’s degree in Accounting, Finance, or related field (essential). Master’s degree in Finance or Accounting (preferred). Professional certification (e.g., CPA, ACCA, CMA) is a plus. Experience : At least 5-7 years of experience in accounting and finance, with a minimum of 2-3 years in a managerial role. Experience in financial reporting, budgeting, and forecasting. Proven track record in managing a finance team and driving financial strategies. Skills : Strong knowledge of financial regulations and accounting principles (GAAP, IFRS). Proficiency in accounting software and ERP systems (e.g., SAP, QuickBooks, Microsoft Dynamics). Advanced Excel skills and financial modeling experience. Strong analytical, problem-solving, and decision-making skills. Excellent organizational and time-management abilities. Personal Attributes : High level of integrity and professionalism. Excellent communication and interpersonal skills. Strong attention to detail and accuracy. Ability to work under pressure and meet deadlines.