Assistant Finance Manager

Financial Reporting and Accuracy:

• Ensure the timely and accurate preparation of financial statements in accordance with relevant accounting standards (e.g., IFRS, GAAP).
• Maintain and update the general ledger, ensuring all transactions are recorded accurately.
• Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements.

Audit Management:

• Lead and manage the annual audit process, serving as the primary point of contact for external auditors.
• Prepare all necessary documentation and schedules for the audit, ensuring accuracy and completeness.
• Address and resolve audit queries, working closely with auditors to ensure a smooth and efficient audit process.
• Review audit findings and implement recommendations to improve financial processes and controls.

Compliance and Internal Controls:

• Ensure compliance with local and international accounting standards, tax regulations, and financial reporting requirements.
• Develop, implement, and maintain robust internal controls to safeguard company assets and ensure the accuracy of financial records.
• Conduct regular reviews of financial processes to identify areas for improvement and implement best practices.

Problem-Solving and Technical Expertise:

• Identify and resolve complex financial issues, leveraging technical expertise to provide solutions.
• Analyse financial data to identify trends, discrepancies, and potential risks, and take corrective action as needed.
• Provide technical support and guidance to the finance team reporting to her/him, ensuring accurate and efficient financial operations.

Team Leadership and Development:

• Lead and mentor the reporting finance team, providing training and development opportunities to enhance their skills and knowledge.
• Foster a culture of continuous improvement, encouraging the team to identify and implement process enhancements.
• Ensure that the finance team operates efficiently and effectively, meeting all deadlines and financial objectives.

Budgeting and Forecasting:

• Assist in the preparation and management of the company's budget, ensuring alignment with strategic goals.
• Monitor budget performance and provide regular updates to senior management, highlighting any variances and recommending corrective actions.
• Prepare financial forecasts and projections to support strategic decision-making.

Working Capital and Intercompany Transactions Management:

• Oversee and manage working capital to ensure the company has sufficient liquidity to meet its obligations.
• Monitor cash flow and optimize the management of accounts receivable, accounts payable, and inventory.
• Manage intercompany transactions, ensuring accurate recording, reconciliation, and timely settlement of balances between subsidiaries and entities.
• Develop strategies to minimize intercompany discrepancies and streamline the financial operations across different regions.

Key Skills and Qualifications:

• Educational Background: Bachelor's degree in accounting, Finance, or a related field; CPA or equivalent certification preferred.
• Experience: Minimum of 5-7 years of experience in finance and accounting, with a focus on audit management, financial reporting, working capital management, and intercompany transactions.
• Technical Expertise: Strong knowledge of accounting standards (IFRS, GAAP), audit processes, internal controls, and working capital management. Knowledge of Oracle NetSuite an advantage
• Problem-Solving Skills: Ability to identify and resolve complex financial issues efficiently.
• Communication Skills: Excellent written and verbal communication skills, with the ability to convey complex financial information clearly.
• Leadership: Proven ability to lead and develop a finance team, fostering a culture of excellence and continuous improvement.
• Attention to Detail: High level of accuracy and attention to detail in financial reporting and audit preparation.
• Collaboration: Ability to work effectively with external auditors, service providers, and internal teams.

Performance Metrics:

• Accuracy of Financial Reports: Percentage of error-free financial reports submitted on time.
• Audit Efficiency: Successful completion of audits within deadlines, with minimal findings or issues.
• Compliance: Adherence to accounting standards and regulatory requirements, with no significant compliance issues.
• Process Improvements: Number of implemented process improvements resulting in enhanced financial operations.
• Team Performance: Development and performance metrics for finance team members.
• Working Capital Management: Efficiency in managing working capital, including cash conversion cycle and liquidity ratios.
• Intercompany Transaction Management: Accuracy and timeliness of intercompany reconciliations and settlements