- Financial Reporting and Analysis:
Oversee the preparation of accurate and timely financial statements, including profit and loss statements, balance sheets, and cash flow statements.
Provide in-depth financial analysis, including variance analysis against budget and forecast, to identify trends, opportunities, and risks.
Present financial reports and findings to senior management and the Board of Directors.
- Budgeting and Forecasting:
Lead the annual budgeting process and develop financial forecasts (monthly, quarterly, rolling forecasts) in collaboration with other departments.
Monitor actual performance against budget and forecast, providing detailed explanations for variances.
Develop and implement cash flow management strategies and projections.
- Internal Controls and Compliance:
Establish, implement, and maintain robust internal controls to safeguard company assets, ensure data integrity, and prevent fraud.
Ensure compliance with all statutory law, financial regulations, and tax requirements (e.g., BAS, FBT, company tax).
Liaise with external auditors and regulatory authorities, managing the audit process.
- Strategic Financial Management:
Contribute to strategic planning by providing financial insights and recommendations.
Identify business efficiencies, operational improvements, and cost-saving opportunities across the organisation.
- Team Leadership and Management:
Manage and develop the finance and accounting team, including Accountants, Accounts Payable/Receivable staff, and Payroll