Assistant Vice President Finance
4 days ago
We are looking for a highly skilled and experienced Assistant Finance Manager to join our finance team at The VITO Group. As a key member of the team, you will be responsible for assisting the Finance Manager in providing timely and accurate financial information to support business decision-making.
Main Responsibilities:
CORPORATE FINANCE FUNCTION
- Assist in managing banking facilities and ensuring compliance with regulatory requirements.
- Support corporate administration and paralegal functions.
- Collaborate with the Company Secretary for the preparation and execution of legal documents.
- Evaluate and ensure compliance with SEC requirements.
TAX COMPLIANCE
- Ensure tax compliance in accordance with government regulations.
- Oversee the preparation and submission of tax returns.
ACCOUNTING
- Establish reporting deadlines and ensure their completion.
- Review reports prepared by finance staff.
- Reconcile intercompany accounts on a monthly basis.
INTERNAL CONTROLS
- Review internal controls, focusing on inventory and fixed assets, to ensure proper safeguards are in place.
- Monitor and report on periodic internal control reviews.
- Delegate internal control assessments and audits to finance/accounting team members.
BUDGET PREPARATION
- Participate in budget preparation.
- Analyze financial performance.
- Discuss significant variances in actual costs versus budgets with department heads.
CASH FLOW MANAGEMENT
- Provide analysis and recommendations on moving funds to/from fixed deposits.
- Minimize foreign exchange losses through effective forex management.
- Develop relationships with banks for available facilities.
INSURANCE COORDINATION
- Coordinate company insurances and liaise with risk advisors.
- Process claims from insurance companies.
ACCOUNTING PROCEDURES
- Review, develop, and recommend accounting procedures and practices.
PEOPLE DEVELOPMENT
- Manage subordinate staff.
- Coordinate subordinate staff appraisals.
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