Posted By
Posted in
Banking & Finance
Job Code
1425363
Job Description:
A Finance Assistant Manager plays a crucial role in the finance department of an organization, providing support to senior finance managers or the finance department head. They are responsible for various financial activities, including financial reporting, budgeting, analysis, and assisting in the overall financial management of the organization.
Below job specification for a Finance Assistant Manager:
Job Title: Finance Assistant Manager
Department: Finance
Job Purpose: The Finance Assistant Manager assists in the financial management and reporting processes, ensuring accurate and timely financial information is available to support decision-making within the organization. They work closely with the finance team to maintain financial records, prepare reports, and contribute to budgeting and forecasting activities.
Qualifications:
Bachelor's or master's degree in finance, Accounting, or a related field
Key skills:
- Bachelor's degree in finance, Accounting, or a related field. A master's degree or professional certification may be preferred.
- 3-5 years of relevant experience in finance or accounting, with a demonstrated progression of responsibilities.
- Proficiency in financial software and tools (e.g., Excel, ERP systems).
- Strong analytical and problem-solving skills.
- Knowledge of financial regulations and accounting standards.
- Excellent communication and interpersonal skills.
- Attention to detail and high level of accuracy.
- Ability to work independently and as part of a team.
Responsibilities:
1. Financial Reporting:
- Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
- Generate regular financial reports for management and stakeholders.
- Ensure compliance with accounting standards and regulations.
2. Budgeting and Forecasting:
- Assist in the development of annual budgets and forecasts.
- Monitor budget performance and provide variance analysis.
- Identify opportunities for cost control and efficiency improvements.
3. Financial Analysis:
- Conduct financial analysis to support strategic decision-making.
- Analyze financial data, trends, and key performance indicators (KPIs).
- Prepare ad-hoc financial reports and analyses as required.
4. Accounts Management:
- Oversee accounts payable and accounts receivable processes.
- Monitor cash flow and manage working capital effectively.
- Ensure accurate and timely processing of invoices and payments.
5. Audit and Compliance:
- Assist in the coordination of internal and external audits.
- Ensure compliance with financial regulations and internal policies.
- Implement controls to safeguard financial assets.
6. Financial Systems and Tools:
- Utilize financial software and tools to streamline processes.
- Recommend improvements or updates to financial systems.
7. Team Collaboration:
- Collaborate with other departments to gather financial information and support cross-functional initiatives.
- Assist in training and mentoring junior finance staff.
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Posted By
Posted in
Banking & Finance
Job Code
1425363