Assistant Manager Finance
1 day ago
Role & responsibilities
Financial Reporting and Analysis:
- Prepare and review financial statements, ensuring accuracy and compliance with
accounting standards.
- Conduct financial analysis to identify trends, variances, and areas for improvement.
- Assist in the preparation of monthly, quarterly, and annual financial reports.
Budgeting and Forecasting:
- Assist in the development of annual budgets and financial forecasts.
- Monitor budget performance and report on variances.
- Work with departmental heads to ensure budget adherence.
Accounts Payable and Receivable:
- Oversee the accounts payable and receivable processes.
- Ensure timely processing of invoices and payments.
- Manage the reconciliation of accounts.
General Ledger Maintenance:
- Ensure accurate and timely posting of financial transactions in the general ledger.
- Perform monthly, quarterly, and annual closing activities.
- Reconcile balance sheet accounts and resolve discrepancies.
Regulatory Compliance:
- Ensure compliance with all statutory requirements related to finance and accounts.
- Maintain proper documentation and records to support all tax filings and compliance
activities.
Audit and Assessments:
- Assist in both internal and external audits, providing necessary documentation and
explanations.
- Handle queries and data requests from auditors.
Taxation:
- Assist in the preparation and filing of tax returns.
- Ensure compliance with local, state, and federal tax regulations.
- Maintain up-to-date knowledge of tax laws and regulations.
Team Management:
- Supervise and mentor junior finance staff.
- Coordinate and allocate tasks within the finance team.
- Conduct performance evaluations and provide feedback.
System and Process Improvement:
- Identify opportunities for improving financial processes and systems.
- Participate in the implementation of new financial systems and tools.
- Develop and document financial policies and procedures.
Job Specification
Qualification:
- Bachelors degree in accounting, finance, or a related field.
- A master's degree or professional certification (e.g., CA Inter, CMA Inter, MBA) is a plus.
Experience:
- Minimum of 5 years of experience in finance and accounting roles.
- Strong knowledge of accounting principles and practices, financial regulations, and tax laws.
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