Head of Finance and Account
Key Responsibilities:
- Oversee all aspects of the company’s financial accounting, reporting, and compliance functions.
- Manage the preparation of financial statements, budgets, forecasts, and variance analysis.
- Ensure compliance with regulatory requirements and accounting standards.
- Implement and maintain effective internal controls to safeguard company assets.
- Lead and mentor the finance team to achieve departmental goals and objectives.
- Coordinate with external auditors and oversee the annual audit process.
- Drive process improvements and efficiency initiatives within the finance department.
Improvement of the SAGE ERP system integration
- Implementation of the ERP reporting capabilities on Revenue and Business Performance
- Full migration from excel based financial processes into generating reports from SAGE X3
Accounting and Financial Reports
- Monthly financial statements including income statement, balance sheet, and cash flow statement.
- Adequate and timely reporting of Receivables, Payables, Bank Reconciliation and Inventory
- Maintaining a complete Fixed Asset Register and monthly depreciation calculations within SAGE
- Working capital management to optimize cash flow
- Variance analysis to track budget vs. actual performance.
- Key financial ratios analysis to assess the financial health of the company.
- Quarterly and annual financial reports for stakeholders (Executive Management & Board Committees) to enhance decision-making and strategic planning
Planning, Budgeting and Forecasting
- Annual budget preparation in collaboration with business units and department heads.
- Scenario analysis to assess the impact of different business decisions on financial performance.
- Budgetary Controls and Monthly Variance Analysis of the Annual Work Plan
- Cash Flow Forecast to aid the Board and Management decision-making
- Uploading of approved budget into SAGE X3 ERP System
- Budget tracking and reporting of each business unit’s activities
- Monitoring and analyzing budget variances to identify areas for improvement.
Other Account/Finance-related services
- Long-term financial planning to support strategic decision-making.
- Investment analysis for capital budgeting decisions.
- External Audit coordination
- Coordinate with tax advisors for tax planning, audit, and reporting, e.t.c
- Accounting and Financial Report
Requirements
WHAT YOU WILL HAVE:
- Chartered Accountant qualification is mandatory.
- Previous experience with any of the Big 4 accounting firms or in an organization audited by the Big 4 is highly preferred.with industry experience
- Bachelor’s degree in Accounting, Finance, or related field.
- Proven track record of at least 5 years in a senior finance role, preferably within the downstream sector.
- Strong knowledge of financial reporting standards, taxation, and regulatory requirements.
- Excellent leadership, communication, and interpersonal skills.
- Proficiency in accounting software and Microsoft Office Suite.
Method of Application
Interested and qualified? Go to Talenture on talenture.zohorecruit.com to apply