Assistant Manager Finance
Responsibilities:
Financial Planning & Analysis:
- Prepare and manage the company's budget, ensuring all departments adhere to financial limits.
- Develop financial forecasts, conduct variance analysis, and report any deviations from budget to senior management.
- Conduct financial analysis to assess operational performance, profitability, and cost control.
Financial Reporting:
- Prepare monthly, quarterly, and annual financial statements in compliance with accounting standards.
- Provide financial reports to management, stakeholders, and external auditors, ensuring clarity and accuracy.
- Ensure the proper reconciliation of accounts and timely closing of the books at month-end and year-end.
Cash Flow Management:
- Monitor cash flow to ensure the business has the liquidity needed to meet its obligations and make informed decisions about investments.
- Forecast cash requirements and help manage working capital to optimize cash flow.
- Oversee accounts receivable and accounts payable to ensure timely payments and collections.
Risk Management & Compliance:
- Ensure compliance with all financial regulations, tax laws, and industry standards.
- Identify financial risks and develop strategies to mitigate them, ensuring the company's financial stability.
- Coordinate audits and ensure the company meets all legal financial reporting requirements.
Cost Control & Profitability:
- Identify areas for cost reduction, process improvements, and increased efficiency.
- Work with department heads to analyze costs and suggest opportunities for profitability improvements.
Strategic Financial Decision-Making:
- Provide financial insights and strategic recommendations to senior management for business growth and investment decisions.
- Assess the financial impact of key business decisions and ensure that they align with overall financial goals.
Your areas of knowledge and expertisethat matter most for this role:
- Bachelor's degree in Finance, Accounting, Economics, or a related field (required).
- 4 years or more of experience in finance, accounting, or financial management, with at least 1 year in a supervisory role.
- Proven experience in financial reporting, budgeting, forecasting, and analysis.
- Experience with financial software and ERP systems
- Strong knowledge of financial principles, laws, and regulations.
- Excellent analytical skills with the ability to interpret complex financial data.
- Proficiency in financial modeling and forecasting techniques.
- Strong communication and interpersonal skills to work with internal and external stakeholders.
- Detail-oriented, organized, and capable of managing multiple priorities.
- Leadership skills with the ability to manage and develop a team.
