Manager-Accounts and Finance Job Description Template
The role of Manager-Accounts and Finance involves overseeing the financial operations of the organization. This includes managing accounting activities, ensuring compliance with financial regulations, and providing strategic financial insights to support decision-making. You will be responsible for budgeting, financial reporting, and driving financial planning and analysis.
Responsibilities
- Oversee daily financial operations and accounting activities.
- Ensure compliance with financial regulations and standards.
- Prepare and review financial statements and reports.
- Manage the budgeting process and provide financial forecasts.
- Analyze financial data to provide insights and recommendations.
- Coordinate with external auditors and tax advisors.
- Implement and maintain financial controls and procedures.
- Support strategic financial planning and decision-making.
- Monitor and manage cash flow and liquidity.
Qualifications
- Bachelor's degree in Accounting, Finance, or related field.
- Professional certification (e.g., CPA, CMA) preferred.
- Minimum of 5 years' experience in accounting or finance.
- Proven experience in financial management and reporting.
- Strong knowledge of accounting principles and standards.
- Experience with financial software and ERP systems.
Skills
- Financial analysis
- Budgeting
- Financial reporting
- Accounting software (e.g., QuickBooks, SAP)
- Excel
- Regulatory compliance
- Strategic planning
- Attention to detail
- Analytical thinking
Frequently Asked Questions
A Manager-Accounts and Finance is responsible for overseeing the financial health of an organization. This includes managing the accounting team, preparing financial reports, budgeting, forecasting, and ensuring compliance with financial regulations. They provide strategic advice to support business decisions and help streamline financial operations to optimize performance.
To become a Manager-Accounts and 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 professional certifications such as CPA or CFA. Experience in financial management, strong analytical skills, and leadership abilities are crucial. Gaining experience as a financial analyst or accountant can be a stepping stone to this role.
The average salary for a Manager-Accounts and Finance varies depending on the industry, location, and the individual's experience and qualifications. Generally, these professionals earn competitive salaries due to their critical role in managing finances. Salaries tend to be higher in large corporations and financial hubs, with additional compensation in the form of bonuses and benefits.
A Manager-Accounts and Finance typically needs a degree in finance, accounting, or business administration. Many employers also look for advanced qualifications such as an MBA, CPA, or CFA. Strong financial acumen, analytical skills, and leadership abilities are essential, as well as significant experience in financial roles, usually around five to ten years.
Key skills for a Manager-Accounts and Finance include financial analysis, budgeting, forecasting, and understanding of accounting principles. They must manage teams, communicate effectively, and provide strategic insights to enhance financial performance. Responsibilities involve preparing financial statements, managing budgets, ensuring regulatory compliance, and supporting executive decision-making through financial insights.