Assistant Manager Finance

About the Job

This candidate is responsible for overseeing the financial operations of the company, including financial planning, management of financial risks, record-keeping, financial reporting, and analysis. They ensure the company's financial practices are compliant with regulations and industry standards while providing strategic insight to improve profitability and operational efficiency.

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).
• 3 years or more of experience in finance operations, inventory accounting, or financial management, with at least 1 year in a managerial role.
• Strong hands-on experience in end-to-end finance operations including accounts payable, accounts receivable, general ledger, and month-end closing.
• Willingness and capability to be actively involved in day-to-day finance operations, not limited to oversight or review.
• Comfortable operating in a fast-paced environment where both strategic finance and operational execution are required.
• Proven experience in financial reporting, budgeting, forecasting, and analysis.
• Experience with financial software and experience in Autocount is added advantage
• 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.