Job Description
The primary objective of Financial Accounting Management is to take responsibility for all operational level financial accounting activities. Financial Accounting Management ensures that all accounting related tasks are professionally executed according to company and legal requirements.
Key Roles and Responsibilities:
- Oversee the general ledger, accounts payable and cash management functions
- Ensure that all accounting related tasks are optimally executed on the available systems
- Oversee the execution of month and year-end procedures
- Oversee and coordinate the compilation of accounting packs for distribution to the Board of Directors and relevant leaders in the business
- Supervise and oversee the processing of relevant journals, reviewing and querying any anomalies
- Ensure that the required reports are produced, analyzed and distributed to be used at an operational level
- Prepare income statements and cost allocations and reconcile all of these to the relevant management accounts
- Assist with the development and compilation of the budget pack
- Compile output reports and review submissions made by the assigned business unit or area
- Assist with the compilation of the Chart of Accounts and key metrics identified by the business to ensure effective budget management
- Participate in the execution of compliance testing
- Ensure legal compliance with regards to legal fiscal and tax requirements in relation to the geographies in which they operate
- Provide access to the relevant tools and systems to enable effective team performance
- Assign, monitor and coordinate work assignments and activities
- Coordinates training programs for new employees and identifies training needs for current employees
- Establishes internal controls and guidelines for accounting transactions and budget preparation
- Presents recommendations to management on short- and long-term financial objectives and policies
- Assess current practices and procedures, and make recommendations for improvements
- Prepare, review and analyze financial statements to ensure accuracy and completeness