An Accounts and Finance Executive is responsible for overseeing and managing a company's financial activities, including accounting, reporting, and financial analysis. They ensure accurate record-keeping, prepare financial statements, and assist in financial planning and forecasting.
Here's a more detailed breakdown:
Key Responsibilities:
Financial Record Keeping:
Maintain accurate and up-to-date records of all financial transactions, including accounts payable and receivable, general ledger, and bank reconciliations.
Financial Reporting:
Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
Financial Analysis:
Conduct financial analysis to identify trends, potential risks, and opportunities for improvement.
Budgeting and Forecasting:
Assist in developing and monitoring budgets, forecasts, and financial plans.
Tax Compliance:
Ensure compliance with tax laws and regulations, including preparing and filing tax returns.
Auditing:
Support internal and external audits by providing necessary documentation and information.
Process Improvement:
Identify and implement process improvements to enhance efficiency and accuracy in financial operations.
Collaboration:
Work with other departments to ensure accurate and timely financial information.
Communication:
Communicate financial information effectively to management and stakeholders.
Essential Skills:
Strong understanding of accounting principles and practices .
Proficiency in accounting software and financial systems .
Analytical skills .
Problem-solving skills .
Communication and interpersonal skills .
Attention to detail and accuracy .
Educational Background:
A bachelor's degree in finance, accounting, or a related field is typically required.
Professional accounting certifications, such as ACCA or CIMA, are often preferred.
Experience in finance or accounting is also essential.