Senior Financial Operations Manager
6 days ago
We are seeking a highly motivated Senior Financial Operations Manager to join our team at Imperative Recruiting. As a key member of our finance department, you will be responsible for overseeing all aspects of financial management, including financial accounting, cash flow, policy and compliance, reporting and audit, taxation, financial planning and analysis, and finance information systems.
Key Responsibilities- Financial Accounting:
- Manage day-to-day financial transactions and payments
- Manage intercompany transactions and balance reconciliation
- Ensure monthly reconciliation with banking and financial transactions
- Ensure accuracy of revenue, cost of sales, and gross profit by operation
- Monitor and follow up on accounts receivables for overdue payment, non-payment, and other irregularities
- Work with CAO on needed fund flows and banking matters
- Policy & Compliance:
- Ensure compliance to regulatory requirements and finance policies
- Monitor changes and emerging trends in accounting standards and regulation
- Statutory Accounts and Audit:
- Owner of the bookkeeping processes for BIA
- Plan and coordinate the annual financial audit process to ensure accounts are prepared and filed in time
- Resolve issues and deficiencies arising from audit findings
- Taxation:
- Oversee all taxation matters
- Ensure annual statutory tax filings are completed and submitted on time
- Financial Planning and Analysis:
- Collaborate with CAO and CEO to prepare the budget and forecast
- Provide analysis and challenge with feedback to ensure completion of budget and forecast, reflecting economic trends and business fluctuations
- Provide support in key business decisions as required
- Provide feedback and recommendations to CAO and CEO
- Monthly Business Review:
- Review and analyze monthly results
- Review overhead cost and identify cost-saving/control opportunities and unusual items
- Design and implement KPI analysis and reporting in consultation with CAO
- Finance Information Systems and Reporting:
- Ensure the appropriate setup of accounting rules in the financial system
- On-time reporting of financial results
- Lead continuous improvement program relating to finance processes
- General:
- Attend regular (weekly and bi-weekly) virtual team meetings as well as monthly general body meetings.
- Attend quarterly in-person team meetings (locations vary; expenses covered by BIA).
- Attend an annual in-person team retreat (expenses covered by BIA).
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