Assistant Finance Manager - PayAngel

Overview:

The Assistant Finance Manager plays a crucial supporting role in ensuring the accuracy of financial records, compliance with accounting standards, and timely reporting of financial information. This position requires meticulous attention to detail, strong analytical skills, and a solid understanding of accounting principles and regulations.

Responsibilities:

Financial Recordkeeping:

1. Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, general ledger entries, and journal entries.
2. Ensure proper classification and coding of financial transactions in accordance with accounting principles and organizational policies.

Reconciliation:

1. Conduct and oversee the reconciliation of various financial accounts, including bank statements, ledger accounts, transaction statements, transaction fees and other financial records.
2. Ensure timely and accurate reconciliation of all accounts to maintain the integrity of financial data.

Financial Reporting:

1. Assist with the preparation of monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
2. Analyze financial data and provide insights into financial performance, variances, and trends to support decision-making processes.

Budgeting and Forecasting:

1. Assist in the development of annual budgets and financial forecasts by providing input on historical financial data, trends, and future projections.
2. Monitor budget-to-actual variances and provide explanations and recommendations for corrective actions as needed.

Tax Compliance:

1. Ensure compliance with tax regulations and regulatory requirements, including preparation and filing of tax returns (e.g., VAT, corporate income tax, payroll tax) in a timely manner.
2. Assist in tax planning strategies to minimize tax liabilities and maximize tax savings opportunities.

Financial Analysis:

1. Conduct financial analysis and performance evaluations to assess profitability, liquidity, solvency, and efficiency of operations.
2. Identify opportunities for cost savings, revenue enhancement, and process improvements based on financial data and analysis.

Cash Management:

1. Monitor cash flow activities, including cash receipts, disbursements, and liquidity management.
2. Forecast cash flow requirements and recommend appropriate financing options to meet organizational needs.

Qualifications:

1. Bachelor's degree in Accounting, Finance, or related field (ACCA, ICA qualification preferred).
2. Five years of experience in accounting or finance roles, with a solid understanding of accounting principles and practices.
3. Proficiency in accounting software (preferably QuickBooks) and MS Office Suite, particularly Excel.
4. Strong analytical, problem-solving, and attention to detail skills.
5. Excellent communication and interpersonal skills, with the ability to work effectively in a team environment.
6. Ability to prioritize tasks, meet deadlines, and work under pressure in a fast-paced environment.

SUBMIT APPLICATION HERE

We will be reviewing applications and interviewing candidates on a rolling basis, so early submission is encouraged.