JOB SUMMARYThe Accounting Manager is responsible to analyze market trends and various and business opportunities from a financial perspective.
Responsible for ensuring the financial health of an organization and conduct accurate data analysis and offer advise to senior management on strategies to maximize profits , securing long-term success for the company.
Bachelor's degree in finance or accounting
- Certified Public Accountant (CPA)
Preferably with F&B Industry
- SPECIFIC ROLES & RESPONSIBILITIES
Monitor budget performance, expenditure control this includes forecasting future income and expenses, creating budgets and balance sheets, and ensuring that spending with budget limits- Prepare financial reports. Prepare reports and documents covering accounting transactions for management review. Other financial reports to provide an overview of the company's financial status and performance. Reports used to make critical business decisions, assessment risk, and secure financing
Conduct financial transactions. Oversee all financial transactions, including issuing payments, collecting debts, investing money and secure financing. Develop and maintain financial systems. Plan, direct, and control accounting and financial operations
- Ensure compliance with financial regulations and laws: comply with all relevant economic rules and regulations and ensuring that financial records are accurate and up to date. Providing auditors with records, documents, and file about VAT returns, VAT settlements and transactional data
Implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control- Prepare reports daily, weekly, and monthly which include but are not limited to sales analysis, food and beverages cost reports, monthly management accounts
Prepare business activity reports, financial statements, and forecasts. Ensure financial legal requirements are met
- Develop reporting systems
Find ways to reduce or maintain costs by studying financial reports and business processes- Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts, and feasibility studies
Submission of a monthly Financial Manager's report summarize the performance of the businesses under your control, which includes a P&L, variance analysis against budget and forecast, balance sheet and cash flow, focus areas for the next month, control weaknesses and corrective actions
- Daily cash flow monitoring and management which includes the management of payables
Monthly balance sheet reconciliations review and authorize- Overseeing and control of the purchasing department ensuring the right item is purchased at the most competitive price
Monitor supplier/customer agreements regarding respective revenue and cost associated with them
- Use industry experience and initiative to identify areas for cost cutting and/or revenue improvement
Ensure all businesses and assets under your control are at all times properly insured through a reputable insurance company, claims are processed timely with appropriate- Risk management of assets, currency, credit, and liquidity
Manage and coordinate internal and external audits
- Strive to build a team culture by working together with the respective business and department heads in support of their strategies to achieve the business plan
Be familiar with the labor law and HR practices in the business and industry
Extensive understanding of financial trends both with the company and general market- Proficient user of finance software
Solid understanding of financial statistics and accounting principles
- Working knowledge of all statutory legislation and regulations
- OTHER COMPETENCIES & SKILL SET
Demonstrated effectiveness in written and communication skills
- Excellent communication and collaboration abilities
Detail-oriented with a commitment to producing high-quality work- Ability to work independently in a team environment
Job Type: Full-time
Schedule:
8 hour shift
