Job Description
Key Responsibilities
Financial Reporting:
- Prepare and consolidate financial statements for the group, ensuring accuracy and compliance with relevant accounting standards.
- Generate periodic financial reports, including income statements, balance sheets, and cash flow statements.
- Provide financial analysis and insights to support management decision-making.
Budgeting and Forecasting:
- Collaborate with business units to develop annual budgets and forecasts.
- Monitor and analyze budget variances, providing explanations and recommendations to management.
- Assist in the preparation of long-term financial plans for the group.
Financial Analysis:
- Conduct financial analysis to identify trends, opportunities, and potential risks.
- Evaluate the financial performance of each business unit within the group.
- Provide recommendations for cost optimization and revenue enhancement.
Internal Controls:
- Implement and monitor internal control procedures to safeguard the group's assets and enhance profitability.
- Analyze cost structures and recommend improvements.
- Conduct regular audits to ensure compliance with financial policies and procedures.
Tax Compliance:
- Ensure timely and accurate filing of tax returns for the group.
- Stay updated on tax regulations and advise management on potential impacts.
- Optimize tax positions within legal and ethical boundaries
Intercompany Transactions:
- Manage and reconcile intercompany transactions among the different business entities within the group.
- Ensure proper elimination of intercompany balances during consolidation.
Audit Coordination:
- Facilitate internal and external audits for the group.
- Ensure that audit recommendations are implemented and compliance is maintained.
- Prepare audit schedules and liaise with auditors.
Collaboration and Communication:
- Work closely with finance teams of individual business units to gather financial data and resolve issues.
- Communicate financial results and insights to senior management.
Educational Qualifications & Experience
- Bachelor's degree in Accounting, Finance, or related field.
- Professional accounting qualification (e.g., CPA, ACCA).
- Proven experience in a similar role, preferably in a diverse business environment.
- Advanced in the use of Microsoft Office Suite, esp. Microsoft Excel and PowerPoint.
- Strong financial acumen.
- Excellent analytical and problem-solving skills.
- Proficient in financial software and Microsoft Excel.
- Good understanding of industry-specific challenges.
- Great communication and Negotiation skills
- Takes initiative, Innovative and Result-Oriented
- Strategic decision-making skills, Tactical, and can-do attitude
- Keen eyes for details
- Diplomatic and Interpersonal skills
- Integrity