Assistant Manager, Finance

Responsibilities:

Financial Reporting and Analysis:

• Monthly Statements: Assist in preparing and reviewing monthly, quarterly, and annual financial statements in accordance with IFRS or GAAP.
• Variance Analysis: Monitor actual spending against budgets and provide detailed explanations for variances.
• Forecasting: Help develop financial forecasts and long-term strategic plans.

Operations & Control: 

• General Ledger Management: Oversee the accuracy of GL entries, bank reconciliations, and sub-ledger accounts.
• Accounts Payable/Receivable: Supervise the invoicing process, vendor payments, and collections to ensure healthy cash flow.
• Audit Support: Coordinate with internal and external auditors to provide necessary documentation and ensure a smooth audit process.

Compliance & Tax:

• Regulatory Filings: Ensure timely and accurate filing of tax returns, GST/VAT, and other statutory requirements.
• Internal Controls: Maintain and improve internal financial controls to safeguard company assets and reduce risk.

Team Leadership:

• Supervision: Manage and mentor junior accounting staff, review their work for accuracy, and provide professional development.
• Process Improvement: Identify and implement ways to automate or streamline financial workflows.

Operational Finance & Reporting:

• COGS Analysis: Prepare and analyze the Cost of Goods Sold (COGS) on a monthly basis.
• Factory Overhead: Allocate operational and administrative overhead costs to production lines appropriately.

Budgeting & Forecasting:

• Annual Operating Plan (AOP): Collaborate with plant managers to build the annual operating budget for the manufacturing facility.
• Cash Flow Management: Maintain visibility on production material purchases and timing of cash outflows.

Requirements:

• Bachelor’s degree in Finance, Accounting, or any other related field
• A professional qualification, such as ACA or ACCA, is mandatory / highly preferred.
• Minimum 3 years of progressive experience in manufacturing, finance, or accounting, including supervisory experience.
• Proficiency in ERP systems like SAP, Oracle, or Tally.
• Mastery of VLOOKUPs, pivot tables, and complex financial modelling.
• Deep understanding of accounting standards, tax laws, and financial regulations.
• The ability to interpret complex data and turn it into actionable insights.
• Precision in reporting is non-negotiable to prevent costly errors.
• Ability to explain financial concepts to non-financial stakeholders.
• A high standard of ethics and professional conduct.