A Finance and Accounts Executive plays a crucial role in managing a company’s financial health and ensuring accurate financial reporting. Here are some key responsibilities and duties typically associated with this role:
Job Description and Responsibilities
- Financial Reporting and Analysis: Prepare monthly, quarterly, and annual financial reports.
Analyze financial data to identify trends and provide insights for decision-making.
Ensure compliance with financial regulations and standards.
- Budgeting and Forecasting: Assist in the preparation and planning of budgets.
Monitor and report on budget variances.
Develop financial forecasts to support strategic planning.
- Accounting Operations: Oversee daily financial transactions, including accounts payable and receivable.
Reconcile bank statements and manage cash flow.
Maintain accurate financial records and ensure they are up-to-date.
- Audit and Compliance: Participate in internal and external financial audits.
Ensure adherence to financial policies and procedures.
Implement and review financial controls to mitigate risks.
- Financial Strategy and Planning: Provide financial insights and recommendations to senior management.
Develop and implement financial policies to improve operational efficiency.
Supports the GM in strategic financial planning and decision-making.
- Team Management: Supervise and train finance assistants.
Coordinate with other departments to ensure smooth financial operations, costing and tracking efficiency.
Conduct performance evaluations and provide feedback to team members.
Skills and Qualifications
- Educational Background: A degree in finance, accounting, or a related field.
- Experience: Minimum of 4 years in a finance or accounting role and be well versed in handling multiple accounts including construction work in progress accounts.
- Technical Skills: Proficiency in financial software and advanced MS Excel skills.
- Analytical Skills: Strong analytical and numerical abilities.
- Communication Skills: Excellent verbal and written communication skills.
- Ethics: High ethical standards and ability to manage confidential information.
