Assistant Finance Manager
4 days ago
1. Leadership and TeamManagement
- TeamOversight: Managing the accounting and financeteams, ensuring efficiency, accuracy, and timely completion oftasks.
- Mentoring: Training and developing team members to improve skills and maintaina high-performing financeteam.
- Collaboration: Working closely with other departments and executives to alignfinancial strategies with overall businessgoals.
2. TechnicalAccountingExpertise
- AccountingStandards: In-depth knowledge of GAAP (GenerallyAccepted Accounting Principles) or IFRS (International FinancialReporting Standards).
- FinancialReporting: Proficiency in preparing accuratefinancial statements, balance sheets, and incomestatements.
- Taxation andCompliance: Expertise in corporate taxation,regulatory requirements, and ensuring compliance with laws andstandards.
3.Analytical and StrategicThinking
- Budgetingand Forecasting: Developing and managing budgets,forecasts, and financial models to guidedecision-making.
- DataAnalysis: Analyzing financial data to identifytrends, risks, andopportunities.
- StrategicPlanning: Supporting long-term business planningwith actionable financialinsights.
4. FinancialSystems andTechnology
- ERPSystems: Proficiency in using financial andaccounting software like SAP, Oracle, orQuickBooks.
- Data VisualizationTools: Ability to use tools like Power BI or Tableaufor presenting financialinsights.
- ProcessAutomation: Implementing technology to streamlineaccounting processes and improveefficiency.
5.Communication and InterpersonalSkills
- StakeholderEngagement: Communicating complex financialinformation to non-financial stakeholders in a clear and concisemanner.
- DecisionSupport: Providing actionable financial insights toexecutives and helping guide businessdecisions.
- NegotiationSkills: Collaborating with auditors, regulators, andvendors to achieve favorableoutcomes.
KeyResponsibilities of a FinancialController
1.Financial Management andOversight
- Budgetingand Forecasting: Developing annual budgets andfinancial forecasts, monitoring performance, and recommendingadjustments as needed.
- Cash FlowManagement: Ensuring sufficient cash flow to meetoperational needs and strategicinvestments.
- FinancialReporting: Preparing and presenting monthly,quarterly, and annual financial reports to senior management andstakeholders.
2.Compliance and RiskManagement
- AuditCoordination: Managing internal and external audits,ensuring financial records are accurate andcompliant.
- RegulatoryCompliance: Ensuring adherence to tax laws,financial regulations, and reportingstandards.
- RiskMitigation: Identifying financial risks andimplementing controls to protect the organization'sassets.
3. OperationalEfficiency
- SystemOptimization: Implementing and managing financialsystems to streamline accounting processes and improveaccuracy.
- CostControl: Monitoring expenses, identifyingcost-saving opportunities, and ensuring efficient use ofresources.
- ProcessImprovement: Developing and maintaining internalcontrols to enhance financial accuracy andefficiency.
4.Strategic Planning and DecisionSupport
- FinancialStrategy: Contributing to the development of theorganization's financial and businessstrategies.
- Mergers andAcquisitions: Providing financial analysis and duediligence for potential acquisitions ormergers.
- PerformanceMonitoring: Tracking KPIs and providing insights todrive strategic initiatives.
The Assistant Finance Manager will work closely with theAssistant Director of Finance/ Cluster Director of Finance toensure the smooth and efficient operation of the financedepartment. The ideal candidate will have a strong background infinance and accounting, excellent organizational skills, and theability to work in a fast-paced environment.
- Assist the Financial Controller r inpreparing financial reports, budgets, andforecasts.
- Monitor and analyze financialperformance against budget andforecast.
- Oversee accounts payable and accountsreceivable processes.
- Ensure compliance withhotel policies and procedures, as well as relevant laws andregulations.
- Assist with financial audits andpayroll related activities.
- Provide support toother departments regarding financialmatters.
- Supervise and train finance departmentstaff.
Qualifications
- Bachelor's degree in Finance,Accounting, or related field.
- 2+ years ofexperience in finance or accounting role, preferably in thehospitality industry.
- Strong understanding offinancial principles and practices.
- Excellentanalytical and problem-solvingskills.
- Proficient in Microsoft Excel andaccounting software.
- Excellent communicationand interpersonal skills.
- Ability to work wellunder pressure and meet deadlines.
Accounting &Finance,Business Finance,Financial Coordinator
Employment Type : Full-time
Department / Functional Area: Finance
Experience: years
Gender: Male
Vacancy: 1
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