Accounts & Finance Executive
Full-time
Senior Executive
4 days ago
Job Title: Accounting and Finance Manager
Job Summary:
The Accounting and Finance Manager will oversee the financial operations and reporting for two ..
Job Title: Accounting and Finance Manager
Job Summary:
The Accounting and Finance Manager will oversee the financial operations and reporting for two companies: a technology startup scaling rapidly through local and regional expansion, and a medical device distribution company with diverse sales channels. This role requires strong financial acumen, adaptability, and expertise in managing complex financial processes across industries. The successful candidate will play a pivotal role in ensuring financial health, compliance, and strategic planning to support growth objectives.
Key Responsibilities:
1. Financial Management and Reporting
- Prepare and analyze monthly, quarterly, and annual financial statements for both companies.
- Consolidate financial reports and provide key performance metrics to stakeholders.
- Ensure compliance with local and regional financial regulations and tax requirements.
- Maintain accurate and up-to-date financial records for auditing and internal reviews.
2. Budgeting and Forecasting
- Develop and manage budgets for the tech startup and medical device distribution company.
- Conduct financial forecasting to support strategic decision-making and fundraising efforts.
- Monitor budget variances and provide actionable insights to management.
3. Fundraising Support for the Technology Startup
- Collaborate with the executive team to prepare financial models and projections for Series A fundraising.
- Support due diligence processes by ensuring accurate and timely provision of financial data.
- Assist in evaluating and implementing funding strategies to support scaling efforts.
4. Revenue and Cash Flow Management
- Oversee revenue recognition and ensure accurate invoicing for:Monthly leasing payments for the tech platform.
- Daily invoicing for medical device sales to hospitals, pharmacies, and online channels.
- Monitor accounts receivable and payable to ensure healthy cash flow.
- Implement cost control measures to optimize profitability.
5. Supply Chain and Inventory Management (Medical Device Distribution)
- Collaborate with supply chain and operations teams to ensure efficient inventory management.
- Analyze cost structures and recommend improvements in procurement and logistics.
- Support the implementation of robust systems for tracking inventory levels and replenishments.
6. Financial Systems and Automation
- Evaluate, implement, and optimize accounting software and tools to improve efficiency.
- Automate financial processes where possible to reduce manual workloads.
- Ensure integration of financial systems with sales and supply chain platforms.
7. Leadership and Collaboration
- Act as a financial advisor to senior management for both companies.
- Liaise with external auditors, tax advisors, and regulatory bodies as needed.
8. Risk Management and Compliance
- Identify financial risks and propose mitigation strategies.
- Ensure compliance with industry-specific regulations, including medical device standards and tech platform licensing.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA/ACCA or equivalent preferred.
- Minimum 5 years of experience in accounting or finance roles, with exposure to startups or distribution businesses being a plus.
- Strong knowledge of financial regulations, accounting principles, and tax laws.
- Proficiency in accounting software (e.g., Autocount, Navision) and financial modeling tools.
- Excellent analytical, problem-solving, and communication skills.
- Ability to multitask and manage priorities across two distinct businesses.
- Experience with fundraising and investor relations is highly desirable.
Personal Attributes:
- High level of integrity and professionalism.
- Adaptability to work in dynamic and fast-paced environments.
- Strong leadership and interpersonal skills.
- Strategic mindset with attention to detail.
Reporting Structure:
This position will report directly to the Chief Executive Officer (CEO) for the technology startup and the General Manager for the medical device distribution company.
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