General Manager-Accounts & Finance (Chartered Accountant) Job Description Template
The General Manager-Accounts & Finance (Chartered Accountant) is responsible for the strategic management of financial activities, including budgeting, forecasting, auditing, and financial reporting. The role demands strong analytical skills, attention to detail, and leadership capabilities to manage the finance team and ensure the financial health of the organization.
Responsibilities
- Oversee the entire financial management process, including budgeting, forecasting, and financial planning.
- Ensure compliance with financial regulations and standards.
- Monitor and analyze financial performance, making recommendations for improvements.
- Lead the finance team and provide direction on financial matters.
- Develop and implement financial policies and procedures to optimize financial operations.
- Coordinate with external auditors for annual audits and financial reviews.
- Prepare and present financial reports to senior management and stakeholders.
- Manage cash flow and ensure the organization maintains adequate liquidity.
- Identify financial risks and develop mitigation strategies.
Qualifications
- Chartered Accountant (CA) certification.
- Minimum of 10 years of experience in financial management, accounting, or a related field.
- Proven experience in a senior financial leadership role.
- Strong knowledge of financial regulations and compliance requirements.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to lead and manage a finance team effectively.
Skills
- Financial Analysis
- Budgeting and Forecasting
- Accounting Software (e.g., SAP, Oracle)
- Financial Reporting
- Risk Management
- Taxation
- Leadership
- Compliance
- Cash Flow Management
- Strategic Planning
Frequently Asked Questions
A General Manager-Accounts & Finance, often a Chartered Accountant, oversees the financial operations of an organization. They manage financial reporting, develop budgets, implement finance strategies, and ensure compliance with regulations. They also lead financial planning, analyze financial data to support decision-making, and liaise with stakeholders to optimize the company's financial performance.
To become a General Manager-Accounts & Finance, one typically needs a degree in Accounting or Finance, followed by certification as a Chartered Accountant. Extensive experience in finance roles is essential, along with a strong track record in financial analysis, budgeting, and strategic planning. Leadership skills and the ability to manage teams and communicate effectively with stakeholders are crucial for advancement to this level.
The average salary for a General Manager-Accounts & Finance varies based on factors such as industry, company size, and geographical location. However, it generally reflects the high level of responsibility and expertise required in this role. Compensation packages often include performance incentives and benefits, reflecting the importance of this position in managing the financial health of the organization.
A Chartered Accountant qualification is often required for a General Manager-Accounts & Finance role, along with a degree in Finance, Accounting, or a related field. In-depth knowledge of financial regulations, accounting principles, and business management is vital. Experience in financial leadership roles and expertise in strategic financial planning and analysis are also common qualifications for this position.
The role of a General Manager-Accounts & Finance requires strong leadership and communication skills, strategic planning capabilities, and proficiency in financial analysis. Responsibilities include overseeing accounting operations, managing budgets, ensuring compliance with financial regulations, supporting business strategies through financial insights, and leading finance teams to enhance organizational profitability and efficiency.