Financial Operations Specialist
21 hours ago
We are seeking a highly skilled and detail-oriented Financial Operations Specialist to join our team. This key role will involve managing day-to-day financial activities, ensuring seamless financial operations, and maintaining the organisation's financial health and regulatory compliance.
The ideal candidate will have a strong grasp of accounting principles, excellent organisational skills, and a proactive approach to problem-solving. They will be responsible for managing transactions, including accounts payable/receivable, payroll, cash receipts, and general ledger entries, as well as ensuring accuracy in daily financial postings, reconciliations, and closing activities.
Key Responsibilities:
- Manage day-to-day transactions to ensure timely and accurate processing.
- Reconcile bank statements and other financial statements to ensure alignment with internal accounts.
- Prepare, review, and present daily, weekly, and monthly financial reports to highlight financial performance and trends.
- Assist in month-end and year-end close processes to ensure timely reporting.
- Monitor and track budget allocations, spending patterns, and variances against forecasts.
- Conduct variance analysis and communicate findings to support budgeting and forecasting activities.
- Collaborate with cross-functional teams to provide insights on budget adherence.
- Maintain and update financial records to ensure compliance with financial regulations.
- Review and validate expense claims and maintain accurate records for internal control.
- Support initiatives for cost reduction and improved expense management.
Qualifications and Skills:
- Bachelor's degree in Accounting, Finance, or a related field; CA/CPA Inter/Final qualification is preferred.
- Proven work experience (4+ years) in an accounting or finance role, ideally in managing day-to-day operations.
- Proficiency in accounting software (e.g., Tally, QuickBooks, or SAP) and MS Office, particularly Excel.
- Strong analytical skills with a keen eye for detail and accuracy.
- In-depth knowledge of financial regulations, compliance standards, and accounting principles (GAAP/IFRS).
- Excellent communication skills to work collaboratively with various departments.
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