Accounts Manager

Degchibari; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial organization in the United Kingdom is seeking a Financial Manager to oversee financial planning, reporting, and compliance. The role involves managing budgets, ensuring accurate reporting, and leading a team of finance professionals. Candidates should be adept at analyzing financial performance and providing insights to senior management, while maintaining strong stakeholder relationships. The position focuses on improving financial processes and ensuring adherence to tax regulations.

Responsibilities

• Develop and manage financial plans, budgets, and forecasts.
• Prepare and present accurate financial reports to stakeholders.
• Create and manage budgets, reviewing performance against the budget.
• Oversee day-to-day accounting functions including accounts payable and payroll.
• Monitor and manage the company's cash flow to ensure liquidity.
• Ensure adherence to tax laws, preparing and filing tax returns.
• Identify financial risks and develop mitigation strategies.
• Implement and monitor internal controls to prevent fraud and errors.
• Lead a team of accountants, providing mentorship and performance evaluations.
• Provide financial insights to support senior management's decisions.
• Manage relationships with auditors, regulatory bodies, and investors.
• Oversee financial software, ensuring data integrity and efficiency.

Job description

• Financial Planning and Analysis
• Responsibility: Developing and managing the organization's financial plans, budgets, and forecasts. Analyzing financial performance and comparing it with business goals.
• Context: Ensuring that the company is on track to meet its financial targets, and identifying areas where improvements can be made.
• Financial Reporting
• Responsibility: Preparing and presenting accurate financial reports to stakeholders (senior management, board of directors, external auditors, etc.).
• Budgeting
• Responsibility: Creating and managing budgets, including departmental budgets and capital expenditure. Regularly reviewing actual performance against the budget and investigating variances.
• Context: Ensuring that all departments adhere to financial limits and that spending is controlled.
• Accounts Management
• Responsibility: Overseeing the day-to-day accounting functions such as accounts payable, accounts receivable, payroll, and general ledger maintenance.
• Context: Ensuring that all financial transactions are recorded accurately and in compliance with accounting standards and regulations.
• Cash Flow Management
• Responsibility: Monitoring and managing the company's cash flow to ensure liquidity. This involves tracking cash inflows and outflows, ensuring that there's always enough cash to cover operational needs.
• Context: Maintaining financial stability and preventing cash shortfalls, which can disrupt business operations.
• Tax Management and Compliance
• Responsibility: Ensuring the company adheres to tax laws and regulations. This includes preparing and filing tax returns, managing tax audits, and staying updated on tax law changes.
• Context: Mitigating the risk of penalties or legal issues related to tax compliance.
• Risk Management
• Responsibility: Identifying financial risks and working on strategies to mitigate them. This could involve assessing credit risk, investment risk, or operational risk.
• Context: Protecting the company's financial position from unforeseen events or market fluctuations.
• Internal Controls and Auditing
• Responsibility: Implementing and monitoring internal controls to prevent fraud, financial mismanagement, and errors. Preparing for and facilitating internal or external audits.
• Context: Ensuring financial processes are secure, compliant, and transparent.
• Team Leadership and Staff Management
• Responsibility: Leading a team of accountants and finance professionals. Providing mentorship, training, and performance evaluations.
• Context: Ensuring that the team is aligned with the company's financial goals and is working efficiently.
• Financial Strategy and Decision Support
• Responsibility: Providing financial insights to senior management to support business decisions, such as investments, cost-cutting measures, and strategic initiatives.
• Context: Helping the company make informed decisions by providing financial analysis and advice.
• Stakeholder Management
• Responsibility: Managing relationships with internal and external stakeholders like auditors, regulatory bodies, investors, and financial institutions.
• Context: Ensuring that stakeholders receive the necessary financial information and maintaining good relationships with external partners.
• Financial Systems Management
• Responsibility: Overseeing the use of financial software and systems, ensuring data integrity, and leveraging technology to improve financial processes.
• Context: Streamlining financial operations, reducing manual errors, and increasing overall efficiency through automation and system optimization.