Job Purpose
Lead financial operations, ensuring accuracy, compliance, and effective financial reporting.
Key Accountability Areas
Accounting Activities:
- Lead day-to-day accounting activities, ensuring accuracy and adherence to accounting principles.
- Manage and monitor budgets, providing insights for effective financial decision-making.
Financial Reporting:
- Generate and review financial statements, ensuring timely and accurate reporting.
- Ensure financial reports comply with accounting standards and regulatory requirements.
Audit Management:
- Prepare and coordinate internal and external audits.
- Ensure all audit requirements are met, addressing any findings promptly.
Process Improvement:
- Identify and implement process improvements for increased efficiency.
- Explore opportunities for automation in financial processes.
Financial Analysis:
- Support in analyzing financial performance, identifying trends, and providing insights.
- Conduct variance analysis to understand and address financial discrepancies.
Regulatory Compliance:
- Ensure compliance with tax regulations and coordinate tax-related activities.
- Stay informed about changes in financial regulations and ensure compliance.
Cross-Functional Collaboration:
- Work closely with other departments to gather financial data and insights.
- Provide financial advice to support decision-making across various departments.
System Management:
- Manage and optimize financial systems, ensuring accuracy and data integrity.
- Explore and implement new technologies for improved financial processes.
- Stay updated on changes in accounting standards and industry best practices.
Stakeholder Communication:
- Provide financial updates and reports to senior management.
- Communicate financial insights to stakeholders, addressing queries and concerns.
Risk Management:
- Identify financial risks and develop strategies for risk mitigation.
- Implement financial controls to minimize risks.
Month-End and Year-End Processes:
- Oversee month-end closing processes to ensure accuracy and completeness.
- Coordinate the preparation of year-end financial statements.
Role Accountability
HR Proficiency:
- Train subordinates and form a team to work effectively.
- Provide leadership, coaching, and direction to subordinates in all aspects of their work.
- Delegate tasks to subordinates in each respective assignment.
- Ensure fair distribution of tasks to maintain morale and motivation of subordinates.
Delivery:
- Perform planned activities to meet operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide periodic reports detailing deviations and execution of planned tasks.
Problem-Solving:
- Resolve related problems and escalate any complex operational issues.
Quality:
- Ensure quality requirements to develop effective quality control processes, including specifications for products or processes.
Business Process Improvements:
- Coordinate well-defined written systems, policies, procedures, and seek automation opportunities.
Compliance:
- Comply with related policies, procedures, and work instructions.
Safety:
- Ensure compliance with relevant safety, quality, and environmental management procedures and controls to guarantee safety and high-quality products/services.
Academic Qualification:
Bachelor's Degree in Accounting and Finance
Work Experience:
5 to 10 Years
Technical / Functional Competencies:
Accounting Best Practices, Accounting Systems, Financial Accounting (FI)
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