Sr.Manager - Finance and Accounts Job Description Template
The Sr. Manager - Finance and Accounts will oversee financial planning, budgeting, and reporting processes. This role demands strategic financial leadership and operational oversight to ensure financial health, compliance, and performance optimization. The ideal candidate will strategically improve processes and drive financial efficiency.
Responsibilities
- Manage and oversee daily finance and accounting operations.
- Prepare and publish timely monthly financial statements.
- Coordinate and direct the preparation of the budget and financial forecasts.
- Ensure quality control over financial transactions and financial reporting.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Support month-end and year-end close process.
- Manage and comply with local, state, and federal government reporting requirements and tax filings.
- Analyze and report on financial status, including income statement variances, communicating financial results to management.
- Provide training and mentorship to accounting staff for their professional growth.
Qualifications
- Bachelor's degree in Finance, Accounting, or related field; CPA or MBA preferred.
- Minimum of 7 years of experience in finance or accounting, with at least 3 years in a management role.
- Proven experience in financial statement preparation and analysis.
- Strong understanding of GAAP and financial regulations.
- Exceptional leadership, communication, and organizational skills.
- Experience with financial software and ERP systems.
Skills
- Financial Analysis
- Budgeting
- Forecasting
- GAAP
- ERP Systems
- Financial Reporting
- Tax Compliance
- Leadership
- Communication
- Microsoft Excel
Frequently Asked Questions
A Senior Manager in Finance and Accounts oversees financial operations, ensuring accuracy in financial reporting, compliance with regulations, and the strategic management of budgets. They analyze data to guide decision-making, manage audits, and lead financial teams to optimize performance. Their role includes financial planning, risk management, and streamlining financial processes.
To become a Senior Manager in Finance and Accounts, one typically needs a bachelor's degree in finance, accounting, or a related field, followed by significant industry experience. Advanced degrees like an MBA or certifications such as CPA or CMA can enhance prospects. Building a career involves gaining leadership experience and a deep understanding of financial regulations and management.
The average salary for a Senior Manager in Finance and Accounts varies by industry and location but usually reflects their extensive experience and expertise. Compensation typically includes a base salary, bonuses, and benefits. Factors influencing salary include company size, sector, and regional economic conditions. Researching specific salary data for the role in desired areas can provide a clearer picture.
Qualifications for a Senior Manager in Finance and Accounts include an academic background in finance or accounting, such as a bachelor's or master's degree, along with professional certifications like CPA, CMA, or CFA. Extensive experience in finance roles, with a track record of strategic planning and leadership, is essential to this senior-level position. Familiarity with financial software is a key asset.
A Senior Manager in Finance and Accounts needs financial analysis skills, strategic planning abilities, and leadership expertise. Responsibilities include overseeing budgeting, forecasting, and financial reporting, ensuring compliance with financial regulations, managing audits, and guiding investment planning. Effective communication, problem-solving, and decision-making skills are also crucial for success in this role.