Accounts / Finance Manager Position Overview: As a Management Accountant, you will be responsible for providing financial insights, analysis, and support to aid decision-making and ensure effective financial management within the organization. You will play a crucial role in budgeting, forecasting, financial reporting, and strategic planning to optimize financial performance and drive business growth. Key Responsibilities: Financial Reporting and Analysis: • Prepare accurate and timely financial statements, including profit and loss statements, balance sheets, and cash flow statements. • Analyze financial data, identify trends, variances, and areas for improvement, and provide meaningful insights to senior management. • Assist in the preparation of management reports, presentations, and board meeting materials. • Budgeting and Forecasting: • Collaborate with department heads and senior management to develop annual budgets and financial forecasts. • Monitor actual performance against budgets and forecasts, identify deviations, and provide explanations and recommendations. • Support the budgeting process by gathering and analysing financial data, conducting cost analysis, and ensuring budgetary compliance. Cost Analysis and Control: • Analyze costs across different departments, projects, and operations, identifying areas for cost reduction and efficiency improvement. • Develop and maintain cost accounting systems and processes to accurately track and allocate expenses. • Monitor and report on project costs, ensuring adherence to budgetary constraints. Financial Planning and Strategy: • Contribute to the development and implementation of financial strategies, policies, and procedures to enhance profitability and operational efficiency. • Provide financial insights and recommendations to support strategic decision-making. • Conduct financial modelling, scenario analysis, and feasibility studies for potential investment opportunities. Compliance and Risk Management: • Ensure compliance with relevant financial regulations, accounting standards, and tax laws. • Assist in the preparation of audit schedules and liaise with auditors during financial audits. • Identify and assess financial risks, propose risk mitigation strategies, and establish internal controls. |
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