Manager/Deputy Manager

A Renowned Group of Industries; United Kingdom; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading industrial firm in the United Kingdom is looking for a Financial Operations Manager to manage daily operations of the accounts department and ensure compliance with financial regulations. The successful candidate will prepare financial statements, oversee budgeting processes, and provide strategic financial advice to management. Strong analytical skills and attention to detail are crucial for success in this role.

Responsibilities

• Manage and oversee daily operations of the accounts department.
• Prepare and present accurate financial statements and reports.
• Monitor and analyze accounting data to produce financial forecasts.
• Ensure compliance with financial regulations & standards and enforce financial controls.
• Manage budgeting and forecasting processes.

Job description

Responsibilities

• Manage and oversee daily operations of the accounts department.
• Prepare and present accurate financial statements and reports.
• Monitor and analyze accounting data to produce financial forecasts.
• Ensure compliance with financial regulations & standards and enforce financial controls.
• Manage budgeting and forecasting processes.
• Provide strategic financial advice and insights to senior management by ensuring the monthly Accounts MIS report.
• Oversee accounts payable and receivable processes.
• Conduct pre-costing checks, CM calculations, and prepare section-wise CM & BEP reports.
• On time asset recognition/landing cost/disposal and charged depreciation of Fixed Asset.
• Reconciliation of all related party balances. Party balances are shown up to date and Overhead/Expense Management so that management can take instant decision.
• Responsible for on time liability recognition.
• Responsible for all kind of accounting reports, such as: Customer Profitability Analysis, Receivable & Payable Ageing.
• Responsible for the monthly salary & wages, Utility, Financial Expense, Inventory Valuation and Consumption Report, intercompany-related works to be accuracy.
• Responsible for Loan Reconciliation with liability position.
• Manage supplier payments, LTR, LC, intercompany reconciliation, and related financial settlements.
• Prepare landed costing, process-wise raw material calculations, and monitor production costing.
• Coordinate purchase order (PO) closing reports and monitor production costing.
• Prepare and review internal & external financial statements and update SAP accounting records.
• Handle Tax, VAT, and statutory compliance in coordination with relevant personnel.
• Develop feasibility reports, project profiles, and coordinate yearly budgets.
• Physically fixed asset and inventory verification and report the findings to Management.
• Any other task assigned by Management.