Accounting Manager (PR/093842)

JOB RESPONSIBILITIES

Financial Analysis and Reporting

• Prepare and analyse financial statements, including income statements, balance sheets, and cash flow statements.
• Analyzing financial data and providing recommendations to improve profitability and efficiency
• Provide accurate and timely financial reports to management for decision-making purposes.
• Conduct financial analysis and provide insights to support strategic planning and budgeting processes. Recommends opportunities for profit maximization and profit sustainability.
• Overseeing the preparation of financial statements and reports for internal and external stakeholders

Product Costing Management

• Perform month end close activities related to cost accounting.
• Setting up, manage and control the company master data and costing methodology including the development and maintenance of standard costs of finished goods and production components in an ERP system.
• Prepare analysis of actual manufacturing costs and report variances from standard costs. All the variances shall be able to explain in full on time.
• Prepare estimates of new and proposed product or service costs.
• Compose reports specifying and comparing factors affecting prices and profitability of products or services.
• ・Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
• Ensure validity and accuracy of ERP through analysis and coordination with Systems development team.
• Assist in developing and documenting policies and procedures, including system requirements and internal controls.

Accounting Management

• Oversee financial operations, including accounts payable, accounts receivable, ensuring accuracy, timeliness, and compliance with internal controls and policies.
• Responsible for all aspects of financial accounting, including general ledger maintenance, reconciliations, and financial statement preparation
• Ensure the financial book closing is on time in full and comply with accounting standards (VAS and IFRS/GAAP if required)
• Managing the accounts payable and accounts receivable functions, including invoicing, collections, and vendor payments
• Regulatory Compliance: Ensure compliance with all financial regulations and reporting requirements, including GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards).
• Financial Systems Management: Oversee the implementation and maintenance of financial systems and software to streamline processes and improve efficiency in financial reporting and analysis.
• Tax Compliance: Ensure timely and accurate preparation of tax returns, including income tax, sales tax, and payroll tax. Stay up-to-date on tax laws and regulations to minimize tax liabilities and maintain compliance.
• Internal Controls: Establish and maintain internal controls to safeguard company assets and ensure the accuracy of financial records. Implement policies and procedures to prevent fraud and errors.
• Audit Management: Coordinate and manage external audits, ensuring all required financial information is provided to auditors in a timely manner. Address any audit findings and implement corrective actions as needed.
• Managing the cash flow and working capital of the organization to ensure financial stability and growth.

JOB REQUIREMENTS

• 07+ years of financial management experience with a minimum of 04+ years of people management experience.
• Experience in food manufacturing is preferred.
• Proven experience in finance and accounting roles, with a focus on financial reporting and analysis.
• Strong knowledge of accounting principles, financial regulations, and standards (VAS, IFRS, GAAP), cost accounting principles and practices.
• Proficiency in financial management systems, cost accounting software and ERP systems.
• Understanding of Bill of Materials (BOM) structures and calculations, costing methods and cost roll processes.
• Good interpersonal skills, ability to communicate and manage well at all levels of the organization.
• Problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Attention to detail and a high degree of accuracy in data management and calculations.
• Ability to analyze product/service specifications and determine cost components.