- Oversee all financial accounting activities, ensuring accurate and timely preparation of financial statements.
- Prepare monthly, quarterly, and annual financial reports, including analysis of balance sheets, income statements, and cash flow statements.
- Ensure compliance with accounting standards, regulations, and tax laws, including VAT and corporate tax compliance.
- Develop and manage annual budgets and forecasts, providing variance analysis and actionable recommendations.
- Monitor financial performance against budgets and forecasts, offering insights and recommendations to optimize financial results.
- Implement tax planning strategies and ensure timely and accurate filing of VAT returns, VAT refunds, and corporate tax returns.
- Liaise with tax authorities, external auditors, and ensure full compliance with all statutory requirements.
- Monitor and manage cash flow to ensure sufficient liquidity for operations and prepare cash flow forecasts while managing working capital effectively.
- Establish and maintain robust internal controls to safeguard company assets, ensuring proper reconciliations of balance sheet accounts, bank accounts, and cash/credit card collections.
- Coordinate with banks for banking activities, addressing any findings or recommendations.
- Ensure timely supplier payments and proper management of supplier settlements.
- Lead and develop the finance team, fostering a culture of continuous improvement and professional development.
- Collaborate with other departments to support business objectives and strategic initiatives.
- Ensure compliance with operational policies, procedures, and regulations across the organization.
- Monitor day-to-day financial operations within the company, including invoicing, and other transactions.
- Ensure compliance with accounting policies and regulatory requirements, staying updated on changes in financial legislation.