Accounts and Finance executive 16D25

The Accounts and Finance Executive plays a pivotal role in managing the financial health of the organization. This position requires a detail-oriented individual capable of overseeing a variety of financial tasks, including budgeting, forecasting, and financial reporting. The executive will work closely with other departments to ensure that all financial transactions align with company objectives and regulations. They are expected to stay abreast of industry trends and implement strategies for financial growth. The role also involves monitoring cash flows, analyzing financial data, and ensuring compliance with accounting standards and regulations. An ideal candidate is one who combines strong analytical skills with a deep understanding of financial systems and management.

Responsibilities

• Prepare and manage monthly, quarterly, and annual financial statements and reports.
• Oversee budget preparation activities and ensure efficient budgetary controls are implemented.
• Develop financial strategies that align with company goals and market conditions.
• Provide financial forecasts to support strategic business planning and risk management.
• Monitor day-to-day financial transactions and ensure accurate ledger account entries.
• Conduct variance analyses to identify areas of financial inefficiency and recommend solutions.
• Ensure compliance with local and international financial reporting standards and regulations.
• Coordinate with internal and external auditors for effective audit processes and results.
• Manages cash flow by monitoring income, expenses, and managing investments.
• Negotiate with vendors, suppliers, and financial institutions to secure beneficial contracts.
• Train and supervise junior accounting staff to ensure accurate financial operations.
• Report financial status and progress updates to senior management and stakeholders.

Requirements

• Bachelor’s degree in finance, accounting, or a related field is required.
• Minimum of five years of proven experience in financial management roles.
• Strong understanding of financial regulations, standards, and best practices.
• Proficiency in financial software and tools including ERP systems and Excel.
• Excellent analytical skills with the ability to present complex data clearly.
• Strong communication and interpersonal skills for effective collaboration.
• Certified Public Accountant (CPA) or equivalent professional qualification preferred.