Key Responsibilities:
Financial Record Keeping:
Maintain accurate and up-to-date financial records, including ledgers, journals, and invoices.
Ensure all financial transactions are properly documented and classified.
Bookkeeping:
Oversee day-to-day bookkeeping activities.
Reconcile bank statements and resolve discrepancies.
Financial Reporting:
Prepare regular financial reports, statements, and summaries for management review.
Provide financial data and analysis to support decision-making processes.
Budgeting:
Collaborate with relevant departments to develop and monitor budgets.
Track budget variances and provide explanations as necessary.
Tax Compliance:
Ensure compliance with all tax regulations and prepare tax returns.
Assist in tax planning and forecasting.
Audit Preparation:
Facilitate the preparation and coordination of internal and external audits.
Respond to auditor queries and ensure timely completion of audit processes.
Financial Analysis:
Conduct financial analysis to identify trends, opportunities, and areas for improvement.
Present financial information to management in a clear and understandable manner.
Adherence to Policies:
Adhere to the Company's financial policies, procedures, and internal controls.
Make recommendations for improvements to financial processes.
Vendor Management:
Maintain relationships with vendors and ensure timely processing of payments.
Negotiate favorable terms with suppliers when applicable.
Compliance and Reporting:
Stay informed about changes in financial regulations and ensure compliance.
Prepare and submit statutory and regulatory reports as required.