A Fantastic Opportunity for ...
The Accounting Manager is responsible for overseeing all accounting activities, ensuring compliance with accounting standards, and providing strategic accounting guidance to support the manufacturing and distribution operations. This role requires strong expertise in cost accounting, reporting, budgeting, taxation, and internal controls to optimize profitability and ensure financial transparency.
1. Accounting Planning and Analysis
- Develop and manage the annual budget, ensuring alignment with strategic goals.
- Prepare accurate forecasts and analyze variances between budgeted and actual results.
- Provide insightful analysis to guide management decisions and support business strategies.
- Monitor key performance indicators (KPIs) and provide actionable recommendations to
enhance profitability and efficiency.
2. Cost & Manufacturing Accounting
- Manage cost accounting processes, including product costing, variance analysis, and margin
analysis.
- Collaborate with production and supply chain teams to optimize cost control measures.
- Analyze production costs, raw material usage, and operational expenses to enhance
efficiency and profitability.
- Develop cost-reduction strategies while maintaining product quality.
3. Treasury and Cash Flow Management
- Monitor and manage cash flow to ensure liquidity and optimal use of financial resources.
- Oversee banking relationships, including negotiations for credit facilities and loan
agreements.
- Develop and implement strategies to optimize working capital, including accounts
receivable and payable management.
4. Internal Controls and Compliance
- Establish & maintain robust internal controls to safeguard company assets & prevent fraud.
- Ensure compliance with relevant financial laws, regulations, and company policies.
- Conduct periodic reviews and audits to assess the effectiveness of financial controls.
5. Monthly Closing & Financial Consolidation
- Supervise monthly accounting closing activities, including journal entries, reconciliations,
and financial statement preparation.
- Ensure all revenue, expenses, and cost allocations are accurately recorded.
- Review and analyze inventory, depreciation, accruals, and provisions.
- Prepare financial reports and submit them to senior management on time.
- Coordinate with internal and external auditors to ensure accurate financial records.
6. Taxation & Compliance
- Ensure compliance with all applicable tax regulations
- Liaise with tax authorities, external auditors, and regulatory bodies for financial audits and
tax reviews.
- Maintain updated knowledge of tax laws and financial regulations relevant to the industry.
7. Any other tasks that may be assigned by the Management Team from time to time.