Accounting Manager

"ACCOUNTING MANAGER"

Job description:

I. DUTIES AND RESPONSIBILITIES

1. Operational Management

· Oversee daily operations to ensure efficiency and effectiveness.

· Develop and implement operational policies and procedures.

· Monitor and report on department performance.

· Ensure timely completion of departmental tasks and projects.

· Implement time management strategies to improve efficiency.

· Monitor project timelines and adjust resources as needed to meet deadlines.

· Oversee the work of Receivable and Payable Officers to ensure accuracy and efficiency.

· Review and approve invoices, payments, and receivables.

· Ensure timely collection of receivables and payment of payables.

1. Team Management and Development

· Lead, motivate, and manage the department team.

· Conduct performance reviews and manage staff development.

· Resolve team conflicts and foster a positive work environment.

· Provide coaching and mentoring to team members.

· Identify and develop potential leaders within the team.

1. Strategic Planning and Execution

· Develop and implement departmental strategies aligned with organizational goals.

· Monitor and adjust strategies based on performance metrics and feedback.

· Coordinate with other departments to ensure cohesive strategy implementation.

· Set clear, achievable goals for the team and ensure alignment with the company's strategic objectives.

1. Budget, Forecasting, and Resource Management

· Manage department budgets and allocate resources efficiently.

· Monitor expenditures and ensure cost-effective operations.

· Identify and implement cost-saving measures.

· Ensure resources are available and appropriately allocated to meet deadlines and goals.

· Develop and manage the annual budgeting process.

· Prepare financial forecasts and update them regularly.

· Monitor and report on budget performance against actual results.

1. Financial Reporting and Analysis

· Prepare and present accurate and timely financial statements.

· Conduct financial analysis to identify trends, variances, and opportunities for improvement.

· Provide financial insights to support decision-making.

· Maintain open communication channels within the department and with other departments.

· Prepare and present reports on departmental performance and initiatives.

· Represent the department in meetings and external engagements.

· Ensure timely and clear communication of departmental goals, performance, and issues.

1. Compliance, Audit, and Risk Management

· Ensure compliance with accounting standards, tax regulations, and internal policies.

· Coordinate and manage internal and external audits.

· Implement and maintain internal controls to safeguard company assets.

· Conduct regular audits of inventory to ensure accuracy and compliance.

· Reconcile inventory discrepancies and implement corrective actions.

· Ensure proper documentation and recording of inventory transactions.

· Audit financial transactions to ensure accuracy and compliance with policies.

· Identify and investigate discrepancies or irregularities in transactions.

· Implement controls to prevent future discrepancies.

· Ensure department compliance with all relevant regulations and standards.

· Identify and mitigate risks within the department.

· Conduct regular audits and ensure adherence to compliance requirements.

· Maintain up-to-date knowledge of industry regulations and standards.

II. JOB QUALIFICATIONS

· Candidates must have Australian work authorisation at the time of application.

EDUCATION

Candidate must possess at least a Bachelor's/College Degree in Accounting, Finance, or a related field.

WORK EXPERIENCE

Preferably have at least 5 years of working experience in accounting and finance, with 2-3 years in a managerial role.

· Candidates must have a minimum of 3 years of managerial experience.

LICENSE REQUIRED

Certified Public Accountant (CPA) or equivalent certification preferred.

TRAINING/CERTIFICATES

Certifications in Accounting, Finance, or related fields are a plus.