Assistant Accounts Manager

Description:

Responsibilities
 

• Financial Reporting: Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
• Generate periodic financial reports for management review and decision-making.
• Ensure compliance with accounting principles, standards, and regulations.
• Budgeting and Forecasting:
• Assist in the development of annual budgets and forecasts in collaboration with the finance team and department heads.
• Monitor budget performance and variance analysis, providing insights and recommendations to management.
• Accounts Payable and Receivable:
• Oversee accounts payable and accounts receivable processes, including invoice processing, vendor payments, and customer invoicing.
• Monitor aging reports and follow up on outstanding receivables to ensure timely collections.
• General Ledger Management:
• Maintain the general ledger and ensure accurate recording of financial transactions.
• Reconcile bank accounts, credit card statements, and other accounts on a regular basis.
• Tax Compliance:
• Assist in the preparation and filing of tax returns, including income tax, sales tax, and payroll tax.
• Stay updated on tax regulations and ensure compliance with relevant laws and requirements.
• Internal Controls:
• Implement and maintain internal control procedures to safeguard company assets and prevent fraud.
• Conduct periodic audits and reviews to assess compliance and identify areas for improvement.
• Financial Analysis:
• Conduct financial analysis and performance metrics to assess profitability, liquidity, and solvency.
• Provide insights and recommendations to management based on financial data and trends.
• Audit Support:
• Coordinate with internal and external auditors during financial audits and reviews.
• Prepare audit schedules and provide necessary documentation to support audit inquiries.
• Team Leadership:
• Supervise and mentor accounting staff, providing guidance, training, and performance feedback.
• Foster a collaborative and supportive work environment to achieve departmental goals.