Accounts Manager

The ideal candidate will ensure the financial health and stability of the organization through meticulous financial planning, analysis, and reporting.

Key Responsibilities:

1. Financial Management:
   • Oversee all financial operations including budgeting, forecasting, and financial planning.
   • Develop and implement financial policies and procedures to ensure effective financial management.
   • Monitor and control the organization’s financial performance, identifying areas for improvement.
2. Accounting:
   • General Ledger Management:
     • Maintain the general ledger, ensuring accuracy and completeness of all financial transactions.
     • Supervise monthly, quarterly, and annual closing processes, ensuring timely and accurate reporting.
   • Accounts Payable and Receivable:
     • Oversee accounts payable processes, including invoice processing, payment approvals, and vendor reconciliations.
     • Manage accounts receivable processes, including invoicing, collections, and customer account reconciliations.
   • Payroll Management:
     • Oversee payroll processing, ensuring timely and accurate payment of salaries and benefits.
     • Ensure compliance with all relevant labor laws and regulations.
   • Fixed Assets:
     • Maintain and manage the fixed asset register, ensuring proper capitalization, depreciation, and disposal of assets.
     • Conduct periodic physical verification of fixed assets.
   • Taxation:
     • Ensure compliance with all applicable tax regulations, including VAT and corporate tax.
     • Prepare and file tax returns, ensuring accuracy and timeliness.
   • Accounts Receivable:
     • Reconciliation:
       • Perform regular reconciliation of accounts receivable from customers, ensuring accuracy and completeness.
       • Reconcile payments received with billed amounts, identifying and addressing any discrepancies.
       • Maintain detailed records of all transactions and communications with customers.
     • Collections:
       • Develop and implement strategies to expedite the collection of outstanding receivables from customers.
       • Maintain a log of all collection activities and follow up on overdue accounts.
   • Reporting:
     • Prepare and present detailed reports on accounts receivable, including aging reports and collection status.
     • Analyze trends in receivables and identify areas for improvement in the billing and collection process.
     • Any ADHOC financial report required by the management.
   • Financial Reporting:
     • Prepare and present financial statements, including profit and loss statements, balance sheets, and cash flow statements.
     • Ensure financial statements are prepared in accordance with international financial reporting standards (IFRS) and local regulations.
     • Any ADHOC financial report required by the management.
   • Audit and Compliance:
     • Coordinate and manage internal and external audits, ensuring timely completion and resolution of audit findings.
     • Develop and implement internal controls to safeguard the organization’s assets and ensure the accuracy of financial information.
   • Bank Reconciliations:
     • Perform regular bank reconciliations to ensure the accuracy of cash balances and identify discrepancies.

Education:

• Bachelor’s degree in Accounting, Finance, or a related field (mandatory).

Experience:

• 5–8 years of progressive accounting/finance experience.
• Proficiency in ERP systems (SAP, Oracle, or similar) and advanced MS Excel skills.
• Expertise in financial reporting, budgeting, and cost control mechanisms.

Soft Skills:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities to interact with stakeholders.
• Leadership and team-building capabilities.