Title: Accounts Manager
Company Name: Royal Eco-Land Ltd.
Vacancy: --
Age: At least 25 years
Job Location: Anywhere in Bangladesh
Salary: Negotiable
Experience:
Responsibilities & Context:
Context: Reports include income statements, balance sheets, and cash flow statements, which help evaluate the company's financial health and inform strategic decisions.
Financial Planning and Analysis:
Responsibility: Developing and managing the organization's financial plans, budgets, and forecasts. Analyzing financial performance and comparing it with business goals.
Context: Ensuring that the company is on track to meet its financial targets, and identifying areas where improvements can be made.
Financial Reporting:
Responsibility: Preparing and presenting accurate financial reports to stakeholders (senior management, board of directors, external auditors, etc.)
Budgeting
Responsibility: Creating and managing budgets, including departmental budgets and capital expenditure. Regularly reviewing actual performance against the budget and investigating variances.
Context: Ensuring that all departments adhere to financial limits and that spending is controlled.
Accounts Management
Responsibility: Overseeing the day-to-day accounting functions such as accounts payable, accounts receivable, payroll, and general ledger maintenance.
Context: Ensuring that all financial transactions are recorded accurately and in compliance with accounting standards and regulations.
Cash Flow Management
Responsibility: Monitoring and managing the company’s cash flow to ensure liquidity. This involves tracking cash inflows and outflows, ensuring that there’s always enough cash to cover operational needs.
Context: Maintaining financial stability and preventing cash shortfalls, which can disrupt business operations.
Tax Management and Compliance
Responsibility:
Ensuring the company adheres to tax laws and regulations. This includes preparing and filing tax returns, managing tax audits, and staying updated on tax law changes.
Context: Mitigating the risk of penalties or legal issues related to tax compliance.
Risk Management
Responsibility: Identifying financial risks and working on strategies to mitigate them. This could involve assessing credit risk, investment risk, or operational risk.
Context: Protecting the company’s financial position from unforeseen events or market fluctuations.
Internal Controls and Auditing
Responsibility: Implementing and monitoring internal controls to prevent fraud, financial mismanagement, and errors. Preparing for and facilitating internal or external audits.
Context: Ensuring financial processes are secure, compliant, and transparent.
Team Leadership and Staff Management
Responsibility: Leading a team of accountants and finance professionals. Providing mentorship, training, and performance evaluations.
Context: Ensuring that the team is aligned with the company’s financial goals and is working efficiently.
Financial Strategy and Decision Support
Responsibility: Providing financial insights to senior management to support business decisions, such as investments, cost-cutting measures, and strategic initiatives.
Context: Helping the company make informed decisions by providing financial analysis and advice.
Stakeholder Management
Responsibility: Managing relationships with internal and external stakeholders like auditors, regulatory bodies, investors, and financial institutions.
Context: Ensuring that stakeholders receive the necessary financial information and maintaining good relationships with external partners.
Financial Systems Management
Responsibility: Overseeing the use of financial software and systems, ensuring data integrity, and leveraging technology to improve financial processes.
Context: Streamlining financial operations, reducing manual errors, and increasing overall efficiency through automation and system optimization.