- Responsible for the financial management of the organization including financial reporting, budgeting, and forecasting.
- Manage all facets of cost accounting including variance reporting, cost control and product costing.
- Assist with month-end close, including accruals, deferrals, and prepaid expenses
- Analyse variances in Value of Units (goods) Sold & Services rendered and operating expenses.
- Maintain standard costing system and update when necessary
- Perform physical inventory counts and reconcile to accounting records
- Reconcile and resolve discrepancies in inventory valuation
- Prepare monthly/ Quarterly / Annually all tax returns
- Reconcile bank statements & Cash in Hand
- Generate MIS reports on regular basis for the management review.
- Reviewing financial statements and reports to ensure that all accounting principles have been followed.
- Presentation of financial results and insights to the Management
- Providing sound financial support and insights to enable the leadership team to make critical business decisions
- Preparing budgets and forecasts for future expenditures and revenue growth
- Preparing reports for senior management on the status of projects or operational activities that affect the company’s financial performance
- Review invoices for accuracy and coding before sending to Accounts Payable
- Play a key role in the formulation of the business's strategy.
- Process Accounts Payable invoices and issue checks
- Calculate monthly depreciation expense
- Preparing and reviewing contracts with vendors or suppliers regarding pricing or payment terms
- Reviewing purchase orders to make sure that they are accurate and comply with company policies
- Reviewing purchase orders to make sure that they are accurate and comply with company policies
- Reviewing employee expense reports to ensure that they are reasonable, appropriate, and in compliance with company policies
- Recording payments made by the company, including payments to vendors, employees, and contractors.
- Generate MIS reports on regular basis for the management review.
- Implementation of Standard Costing System ,
- Create a reliable cash flow projection, ROI , process and reporting structure that includes minimum cash threshold to meet operational needs.
- Routinely review revenue cycle metrics to proactively identify and address issues affecting overall performance
- Manages the company’s compliance with local , state and central government regulatory matters
- Direct and manage the finance and accounting teams and develop the financial strategy for the organization
- Improve efficiency related to billing, reporting, revenue recognition, payments, receivable, etc.