Financial Manager

Objectives of this role:

• Provide comprehensive financial updates to senior managers by evaluating, analyzing, and reporting appropriate data points

• Guide financial decisions by applying company policies and procedures to current economic landscape

• Develop, implement, and maintain financial controls and guidelines

• Achieve budgeting goals with proper scheduling, analysis, and corrective actions

• Maximize payroll efficiency through innovative process development

• Help develop and support short- and long-term operational strategies

General Responsibilities:

• Maintain internal safeguards for revenue receipts, costs, and team and organizational budgets and actual expenditures

• Establish (in coordination with CFO) financial and operating benchmarks, budgets, program monitoring, and reporting standards on biweekly, monthly, and annual basis

• Implement consistent accounting policies, practices, and procedures across all programs, adhering to national and local legal standards while remaining knowledgeable of proposed legislation

• Develop and enforce internal controls to maximize protection of company assets, policies, procedures, and workflows
• Oversee and support accounting team with dynamic leadership that creates an environment of trust

• and productivity
• Key Responsibilities:
• Financial Reporting & Operation:

• Preparing and ensuring the accuracy of financial statements, accounting operations, income statements, and balance sheets.

Budgeting and Forecasting:

• Coordinating the preparation of annual budgets and financial forecasts, and analyzing variances.

Internal Controls:

• Establishing, documenting, and monitoring financial policies and procedures to maintain strong internal controls.

Compliance:

• Overseeing adherence to financial laws, regulations, and tax filings.

Accounting Operations:

• Managing day-to-day accounting functions, including accounts payable, accounts receivable, billing, and payroll.

Audits:

• Coordinating internal and external audits and preparing final audit reports.

Cash Flow Management:

• Tracking and managing the company's cash flow to ensure sufficient funds for operations.

Financial Analysis:

• Conducting analysis on financial data to provide insights and support strategic decision-making.

Team Leadership:

• Managing, hiring, and training members of the finance and accounting teams & supervising accounting staff, and setting departmental priorities.

Risk Management:

• Monitoring financial processes, identifying weaknesses, and implementing strategies to minimize financial risk.

Required skills and qualifications:

• Ten or more years of professional accounting experience

• Strong understanding of banking processes and financial data analysis

• Working knowledge of national and local tax regulations and compliance reporting

• Experience in managing payroll, with focus on streamlining accounting processes

• Exemplary history of financial project management

Preferred skills and qualifications:

• Five or more years of experience as a senior-level accounting or finance manager

• Professional certification, such as CA (chartered accountant)

Key Skills:

• Analytical Thinking: Strong ability to analyze complex financial data and identify trends.

• Strategic Vision: Ability to think strategically and develop financial plans for future growth.

• Problem-Solving: Aptitude for finding solutions to complex financial challenges.

• Leadership: Skills to lead and direct the finance and accounting teams.

• Communication: Ability to clearly communicate complex financial information to both finance and non-finance stakeholders.
• Ethics: Strong commitment to ethical practices and responsible handling of sensitive financial data.

- Technical Accounting Knowledge: Expertise in accounting principles, financial reporting, and compliance.