Skills
Financial Management:
- Develop and implement financial policies, procedures, and controls to safeguard assets and ensure compliance with regulations.
- Manage the organization’s financial systems, including accounting software, to maintain accurate and up-to-date financial records.
- Assist with the planning, testing, training, implementation and review of all aspects of computerized financial systems.
- Monitor cash flow, budgetary performance, and financial forecasts to identify opportunities for improvement and mitigate risks.
- Preparation & Analysis of Consolidated Financial Statements Interpreting & Analyzing Financial Reports from the Dept.
Financial Reporting:
- Prepare and analyze financial statements, reports, and projections to communicate financial performance to senior management, stakeholders, and regulatory authorities.
- Ensure timely and accurate completion of month-end, quarter-end, and year-end closing processes, including Reporting, reconciliation of accounts, GL Accounting, and financial data.
Compliance and Auditing:
- Ensure compliance with accounting principles, tax regulations, and industry standards, including GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards).
- Liaison with banks and other organizations, Coordinating with Internal and External Auditors for audits and liaise with auditors to provide documentation, resolve inquiries, and address audit findings in a timely manner.
Financial Analysis and Planning:
- Conduct financial analysis, variance analysis, and cost-benefit analysis to support decision-making and strategic planning initiatives.
- Provide support on accounting matters related to companies, including budget preparation, monitoring, production of final accounts, and financial advice.
- Collaborate with department heads and senior management to develop and monitor budgets, forecasts, and financial goals aligned with the organization’s objectives.
- Contribute to the preparation of the annual revenue and capital budgets, monitoring of financial performance and completion of the annual accounts
- Evaluate investment opportunities, mergers and acquisitions and other strategic initiatives from a financial perspective, assessing risks and potentials returns.
Risk Management:
- Identify financial risks, vulnerabilities, and opportunities for improvement, and recommend proactive measures to mitigate risks and enhance financial performance.
- Implement internal controls, policies, and procedures to safeguard assets, prevent fraud, and ensure compliance with regulatory requirements.
Handle full spectrum of cost accounting role e.g., Accounts Receivables, Accounts Payables, General Ledger, forecasting, budgeting, cost tracking, monitoring and control.
Supervise and allocate the work of the Accountancy Section to ensure that all tasks are completed within prescribed timescales.
Manage the team of direct reports, provide support and expertise to maintain high professional level of accounting team
Review & approve payment vouchers & journal entries.
Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting
Preparing Management Accounting summaries & reports for the Executive Management.
Works assignments carried out to the highest quality level.
