Chief Financial Operations Manager
5 days ago
Job Overview:
The Chief Financial Operations Manager plays a crucial role in ensuring the smooth operation of finance and accounting functions for four companies. This individual will be responsible for managing day-to-day financial activities, preparing timely financial statements, and handling month-end closing activities.
Key Responsibilities:
- Financial Statement Preparation: Prepare timely monthly standalone & consolidated financial statements and management reports as per the company's requirements.
- Month-End Closing Activities: Handle month-end closing activities, ensuring all transactions are recorded according to accounting policies and procedures, and that the book of accounts is properly closed.
- Journal Entries: Prepare/review period-end journal entries in Oracle GL, ensuring accurate and complete records.
- Reconciliations and Schedules: Review reconciliations and GL schedules as per the closing calendar, ensuring accuracy and completeness.
- Fixed Assets/Depreciation: Create fixed assets / depreciation in Oracle, adhering to company policies and procedures.
- Financial Reports: Prepare/review financial statements and management reports as per the monthly closing calendar.
- Cash Flow Statements: Prepare monthly cash flow statements with forecasts, providing valuable insights for business decision-making.
- Supplier Invoices/Payments: Review supplier/inrelated party invoice accounting and its payments, ensuring timely and accurate processing.
- Payroll Processing: Check payroll and WPS, facilitating the release of salary one day before the scheduled day each month.
- Accounts Receivables: Prepare related party invoices for shared service cost recharges, reconcile balances with related parties, and follow up on AR with associated parties.
- VAT Return Report: Prepare/review VAT return report on a quarterly basis, making VAT payments before due dates, and reviewing investment-related transactions in Oracle.
- Investment Transactions: Review and record all investment-related transactions in Oracle (buy/sell/contribution/distribution/dividends, etc.).
- Investment Reports: Reconcile custody/broker account balances with investment books, prepare daily/monthly investment reports, and assist in budget preparation and schedules.
- Bank Reconciliation: Prepare bank reconciliation statements for every month.
- Audit Support: Handle external/internal auditors as and when audits start, ensuring seamless collaboration and communication.
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