Finance & Accounts Manager

icon briefcase Job Type : Full Time

Number of Applicants

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Job Description - Finance & Accounts Manager

Job Summary:

Join our dynamic IT startup company as a Finance & Accounts Manager. You will be responsible for overseeing all financial and accounting activities, ensuring compliance with regulatory requirements, and providing strategic financial guidance to support business growth and profitability.

Responsibilities:

  • Financial Planning and Analysis:
    • Develop and implement financial strategies, policies, and procedures to support business objectives and drive profitability
    • Prepare and analyze financial statements, forecasts, and budgets, providing insights and recommendations to senior management
    • Monitor and analyze financial performance metrics, identifying trends, risks, and opportunities for improvement
    • Provide strategic financial guidance and support to department heads and senior management
  • Financial Reporting and Compliance:
    • Ensure timely and accurate preparation of financial reports, including income statements, balance sheets, cash flow statements, and other financial reports
    • Ensure compliance with regulatory requirements, including tax filings, financial reporting standards, and other statutory requirements
    • Develop and maintain internal controls to safeguard company assets and ensure accuracy of financial data
    • Coordinate with external auditors and regulatory authorities as needed
  • Accounts Receivable and Accounts Payable:
    • Oversee accounts receivable and accounts payable functions, including invoicing, billing, collections, and payments
    • Monitor cash flow and working capital, optimizing cash management strategies to support business operations
    • Manage relationships with banks, financial institutions, and other stakeholders
  • Budgeting and Forecasting:
    • Develop annual budgets and periodic forecasts in collaboration with department heads and senior management
    • Monitor budget variances, identifying areas of over or under-performance, and recommending corrective actions as needed
    • Provide financial analysis and support for business development initiatives, including pricing strategies, cost analysis, and investment decisions

Requirements:

  • Proven experience as a Finance & Accounts Manager or similar role, preferably in the IT or technology industry
  • Strong understanding of financial principles, accounting standards, and regulatory requirements
  • Proficiency in financial analysis, budgeting, forecasting, and financial modeling
  • Experience with financial reporting systems and software, including ERP systems and Microsoft Excel
  • Excellent communication, leadership, and interpersonal skills
  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field; ICAN certification is a plus

Preferred:

  • Experience working in a startup or high-growth environment
  • Familiarity with venture capital financing, equity fundraising, and startup valuation methods
  • Knowledge of tax planning and compliance
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