DGM - Accounts Job Description Template
As the DGM - Accounts, you will be responsible for leading the accounting team and ensuring the accuracy and integrity of financial statements. You will oversee the preparation of financial reports, develop and implement accounting policies, and ensure compliance with relevant regulations. This role requires strong leadership and technical expertise to support the company's financial goals.
Responsibilities
- Supervise and manage the accounting team to ensure timely and accurate financial reporting.
- Oversee the preparation of financial statements in accordance with GAAP/IFRS.
- Develop and implement accounting policies and procedures.
- Ensure compliance with federal, state, and local regulatory requirements.
- Manage the annual budget preparation and financial forecasting processes.
- Conduct internal audits and coordinate external audits.
- Provide financial insights and analysis to support business decisions.
- Oversee accounts payable, accounts receivable, payroll, and general ledger functions.
- Identify and implement process improvements to enhance efficiency and accuracy.
- Collaborate with other departments to support overall business goals.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field (Master’s preferred).
- Certified Public Accountant (CPA) or equivalent qualification.
- Minimum of 8-10 years of experience in accounting or finance, with at least 3 years in a managerial role.
- Strong knowledge of GAAP/IFRS and financial reporting standards.
- Experience with financial planning, budgeting, and forecasting.
- Proven ability to manage and develop a high-performing team.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills.
Skills
- Financial Reporting
- GAAP/IFRS
- Budgeting and Forecasting
- Internal Auditing
- Financial Analysis
- Accounts Payable and Receivable
- Payroll Management
- General Ledger
- Microsoft Excel
- ERP Systems
Frequently Asked Questions
A Deputy General Manager (DGM) - Accounts is responsible for overseeing financial operations within an organization. This includes managing accounting teams, ensuring compliance with financial regulations, financial reporting, budget preparation, and analyzing financial data for strategic decision-making. They ensure accurate financial record-keeping and are pivotal in strategic planning for financial growth.
To become a Deputy General Manager (DGM) - Accounts, candidates typically require a strong educational background in finance or accounting, such as a bachelor's degree. Many also hold advanced certifications like CPA or CA. Extensive managerial experience, usually 10-15 years in progressively responsible financial positions, and strong leadership skills are crucial for this role.
The average salary for a Deputy General Manager (DGM) - Accounts varies depending on the location, industry, and size of the company. They typically earn a high income, reflecting their level of responsibility and expertise. Factors influencing salary include the scope of their duties, the company's financial health, and the individual's experience and credentials.
Essential qualifications for a Deputy General Manager (DGM) - Accounts include a bachelor's degree in finance, accounting, or a related field. Many employers prefer candidates with advanced degrees such as an MBA, or professional certifications like CPA or CA. Extensive experience in senior financial roles and proven leadership abilities are also key requirements.
A Deputy General Manager (DGM) - Accounts must possess advanced analytical skills, excellent organizational capabilities, and the ability to manage complex financial tasks. They are responsible for strategic planning, financial reporting, budgeting, and team management. Strong communication skills are vital for collaborating with executives and stakeholders to drive financial success and ensure compliance.