Accounting Manager

Job Purpose:

Manage and oversee the daily operations of the Accounting Department through the supervision and evaluation of day-to-day accounting activities.

Responsibilities:

• Monitor and analyze accounting data and produce financial reports and statements.
• Establish and enforce proper accounting methods, policies, and principles.
• Coordinate and complete annual audits.
• Cash management (including placement/movement of funds in various accounts).
• Comply with legal and statutory regulations (handling of taxation e.g. income tax, VAT, etc).
• Provide recommendations.
• Improve accounting & operations systems and procedures and initiate corrective actions.
• Assign projects and direct staff to ensure compliance and accuracy.
• Meet financial accounting objectives.
• Establish and maintain fiscal files and records to document transactions.
• Analyze financial discrepancies and recommend effective resolutions.
• Review all Accountants’ tasks, provide guidance and support whenever needed.
• Review and recommend changes to the existing accounting procedures.
• Perform a full set of accounts and ensure timely closing of accounts.
• Meets accounting financial objectives by forecasting requirements, preparing an annual budget, scheduling expenditures, analyzing variances, initiating corrective actions.
• Confirms financial status by monitoring revenue and expenses, coordinating the collection, consolidation, and evaluation of financial data, preparing special reports.
• Maintains accounting controls by establishing a chart of accounts, defining accounting policies and procedures.
• Guides other departments by researching and interpreting accounting policy, applying observations and recommendations to operational issues.
• Maintains financial security by establishing internal controls.
• Avoids legal challenges by understanding current and proposed legislation, enforcing accounting regulations, recommending new procedures.
• Placing proper revenue targets and commission scheme for revenues generating departments within the company.
• Collaborate with the other departments’ managers to support overall department goals and objectives
• Perform other job-related duties as assigned by the direct manager.