CM/ DGM- Operational Accounts Job Description Template
The CM/ DGM- Operational Accounts is responsible for managing and overseeing all financial operations, ensuring accuracy in accounting practices, and maintaining compliance with financial regulations. The role involves strategic planning, budgeting, and providing financial insights to drive business decisions.
Responsibilities
- Manage day-to-day financial operations and accounting processes.
- Ensure compliance with financial regulations and standards.
- Oversee budgeting, forecasting, and financial planning activities.
- Prepare and review financial statements and reports.
- Develop and implement financial policies and procedures.
- Provide strategic financial insights and recommendations.
- Coordinate with internal and external auditors.
- Supervise and mentor the finance team.
- Monitor financial performance and implement corrective actions as necessary.
- Collaborate with other departments to support overall business objectives.
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
- 5-10 years of experience in finance or accounting roles.
- Proven experience in financial management and operational accounting.
- Strong understanding of financial regulations and compliance.
- Excellent analytical and problem-solving skills.
- Exceptional leadership and team management abilities.
- Proficient in financial software and tools.
- Strong communication and interpersonal skills.
Skills
- Financial Analysis
- Budgeting
- Forecasting
- Accounting
- Compliance
- Strategic Planning
- Leadership
- Excel
- Financial Reporting
- Internal Auditing
Frequently Asked Questions
A CM/DGM- Operational Accounts is responsible for overseeing the accounting functions specific to operations within a company. This role involves managing financial records, analyzing budgets, and ensuring compliance with financial regulations. They work closely with operational teams to provide financial insights and support strategic decision-making processes. Their duties also include preparing financial reports, managing audits, and optimizing financial processes to enhance efficiency and profitability.
To become a CM/DGM- Operational Accounts, candidates typically need a strong foundation in accounting or finance, often demonstrated by a bachelor's degree in accounting, finance, or a related field. Advanced positions may require a master's degree or certifications such as CPA or CMA. Experience in operational accounting or management roles is crucial, as is proficiency in financial software and systems. Strong analytical, communication, and leadership skills are essential to successfully manage teams and drive financial strategy.
The average salary for a CM/DGM- Operational Accounts varies based on factors such as industry, location, and the individual's level of experience. Typically, salaries are competitive and commensurate with the responsibilities involved in overseeing operational accounting functions. Professionals in this role often earn higher salaries compared to general accounting roles, reflecting their seniority and the strategic importance of their work in managing operational budgets and financial reporting.
A CM/DGM- Operational Accounts role usually requires a bachelor's degree in accounting, finance, or a related field. Many employers prefer candidates with additional certifications like CPA, CMA, or ACCA. Relevant work experience in operational accounting or financial management is critical. Skills in risk assessment, strategic planning, and proficiency with accounting software are also important. Additionally, strong problem-solving abilities and excellent communication skills are essential for successful collaboration and leadership.
A CM/DGM- Operational Accounts must possess strong analytical skills to interpret financial data and provide strategic insights. Responsibilities include managing operational budgets, preparing financial reports, and ensuring regulatory compliance. They must be skilled in leadership, as the role requires supervising accounting teams and fostering collaboration with other departments. Proficiency in financial software, attention to detail, and the ability to communicate complex financial information clearly are also crucial for success in this position.