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.