ACCOUNTING MANAGER

Accounting Manager Workflow Management

1. Daily Tasks

• Review and record all financial transactions (cash, bank, payments, receipts)

• Check invoices and receipts for accuracy before processing

• Approve petty cash usage and monitor daily expenses

• Ensure all accounting entries are updated in the system

2. Weekly Tasks

• Reconcile bank statements and outstanding payments

• Follow up on customer payments and supplier invoices

• Review staff timesheets and payroll accuracy

• Prepare weekly financial summary for management

3. Monthly Tasks

• Close month-end accounts and reconcile ledgers

• Prepare financial statements (Profit & Loss, Balance Sheet)

• Review budget vs. actual expenses and highlight variances

• Ensure compliance with tax filings (GST, CPF contributions, etc.)

4. Quarterly / Annual Tasks

• Coordinate with auditors for internal/external audits

• Prepare quarterly financial reports for management

• Analyze financial performance and suggest improvements

• Plan annual budget and forecast cash flow

5. Team & Workflow Management

• Assign accounting tasks to staff and monitor progress

• Implement accounting SOPs and ensure staff compliance

• Train and mentor accounting staff for efficiency

• Streamline processes for invoice processing, payroll, and reporting

6. Communication & Reporting

• Report key financial issues or discrepancies to management

• Provide recommendations for cost control and process improvement

• Coordinate with other departments on financial matters