EXECUTIVE, FINANCIAL REPORTING

MAIN DUTIES/RESPONSIBILITIES
1.Financial Record Keeping
a)Maintain and update financial records, such as ledgers, journals, and databases.
b)Ensure the accuracy and completeness of financial data by promptly reconciling discrepancies and resolving issues.
c)Record daily financial transactions, ensuring they are correctly classified and documented.
2.Financial Reporting
a)Consistently compile financial reports, such as balance sheets, income statements, cash flow statements, and etc.
b)Produce financial reports and analyses to offer insights into the organization's financial performance.
c)Present financial information to management and stakeholders, explaining discrepancies and trends.
3.Budgeting and Forecasting
a)Assist in preparing annual budgets and financial forecasts using historical data and future projections.
b)Monitor budget performance and conduct variance analysis to identify areas of concern or opportunities for improvement.
c)Work with departmental managers to develop and oversee departmental budgets.
4.Compliance and Regulation
a)Ensure adherence to accounting principles, standards, and regulations. (e.g., GAAP, IFRS).
b)Keep updated on changes in accounting regulations and standards, and implement necessary adjustments.
c)Assist in preparing financial reports for audits and ensure adherence to audit requirements.
5.Financial Analysis
a)Perform financial analysis to evaluate the organization's financial health and identify opportunities for improvement.
b)Evaluate financial trends, ratios, and metrics to offer insights and recommendations to management.
c)Facilitate decision-making by offering financial data and analysis for strategic planning and operational initiatives.
6.Taxation and Compliance
a)Help prepare tax returns and ensure adherence to tax regulations and reporting requirements.
b)Collaborate with external tax advisors or auditors to resolve tax-related issues and inquiries.
c)Keep abreast of changes in tax laws and regulations, and integrate any required updates into tax policies and procedures.
7.Internal Controls
a)Establish and enact internal control procedures to safeguard assets, ensure the accuracy of financial records, and mitigate the risk of fraud.
b)Perform regular reviews and audits to evaluate the effectiveness of internal controls and suggest enhancements.
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