Assistant Manager - Accounts & Finance Job Description Template
The Assistant Manager - Accounts & Finance will be responsible for managing day-to-day accounting activities, assisting in financial planning and analysis, and ensuring compliance with financial regulations. This position plays a key role in maintaining the financial integrity of the organization and supporting senior management with financial insights.
Responsibilities
- Oversee daily accounting operations including accounts payable, accounts receivable, and general ledger maintenance.
- Assist in the preparation of financial statements, budgets, and forecasts.
- Conduct financial analysis to support strategic planning and decision-making.
- Ensure compliance with financial regulations and internal policies.
- Coordinate with external auditors for annual audits and ensure timely completion.
- Develop and implement accounting policies and procedures to enhance efficiency and accuracy.
- Reconcile accounts and resolve discrepancies.
- Manage cash flow and ensure adequate liquidity for operations.
- Support senior management with ad hoc financial reporting and analysis.
- Mentor and train junior accounting staff.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Professional accounting certification (e.g., CPA, CMA) is preferred.
- 3-5 years of experience in accounting or finance, preferably with some managerial experience.
- Strong knowledge of accounting principles and financial regulations.
- Excellent analytical and problem-solving skills.
- Attention to detail and high level of accuracy.
- Exceptional organizational and time management skills.
- Excellent communication and interpersonal skills.
- Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
Skills
- Accounting
- Financial Analysis
- Budgeting
- Auditing
- Regulatory Compliance
- General Ledger
- Accounts Payable
- Accounts Receivable
- Cash Flow Management
- Excel
Frequently Asked Questions
An Assistant Manager - Accounts & Finance supports the financial operations of a company by overseeing daily accounting activities, preparing financial reports, and ensuring compliance with financial regulations. They assist in budget preparation, manage audits, and analyze financial data to support strategic decision-making processes. Their role is pivotal in maintaining accurate financial records and optimizing financial performance.
To become an Assistant Manager in Accounts & Finance, one typically needs a bachelor's degree in finance, accounting, or a related field. Many employers prefer candidates with a master's degree or relevant certifications like CPA or CMA. Gaining experience in accounting roles and demonstrating strong analytical and leadership skills are crucial for advancing to this position. Networking and continuous learning can also enhance career prospects.
The average salary for an Assistant Manager - Accounts & Finance varies based on location, industry, and experience. Typically, salaries are competitive and reflect the candidate's expertise, education level, and responsibilities involved. Factors such as company size and regional economic conditions also influence earning potential. Candidates are encouraged to research industry standards in their specific geographic area for accurate estimates.
Qualifications for an Assistant Manager - Accounts & Finance usually include a bachelor's degree in accounting, finance, or a related discipline. Advanced degrees or certifications such as CPA, CMA, or ACCA can enhance employability. Employers seek candidates with strong analytical, mathematical, and communication skills, alongside experience in financial planning and reporting. Proficiency in accounting software is an additional asset.
Assistant Managers in Accounts & Finance require proficiency in accounting software, financial analysis, and tax regulations. Key responsibilities include managing financial reporting, performing audits, and assisting in budgeting and financial planning. Strong organizational, problem-solving, and communication skills are essential for preparing detailed reports and coordinating with other departments. Leadership skills are also vital to mentor junior staff and contribute to financial strategy development.