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Senior Financial Operations Manager
1 week ago
We are seeking a highly skilled and detail-oriented Finance & Admin Senior Executive to oversee financial operations, ensure compliance, and support business processes.
This role will be responsible for managing financial records, processing transactions, ensuring timely reporting, and assisting with audits, tax matters, and administrative functions.
Key Responsibilities:- Monthly Financial Operations:
- Complete the monthly closing process with precision by ensuring every transaction is accurately recorded and reconciled, including journal entries and payroll vouchers.
- Perform comprehensive bank reconciliations to validate deposits, withdrawals, and payments against both internal records and external statements.
- Manage all bank transactions—processing deposits, withdrawals, and payments—to uphold the highest standards of accuracy and compliance.
- Oversee the Accounts Payable and Receivables to identify and resolve any discrepancies, ensuring a smooth and efficient month-end close.
- Budgeting & Cash Flow Management:
- Update monthly budget files to reflect current financial performance and project future trends. Prepare the annual budget file for management review by outlining revenue projections, expenditure forecasts, and capital requirements to support strategic planning.
- Perform weekly settlement processing by managing payments, updating receipts, and processing settlements, ensuring optimal cash flow.
- Maintain comprehensive payment listings to track all incoming and outgoing funds meticulously. Regularly analyze budget variances and communicate significant deviations to management for prompt corrective actions.
- Prepare and present detailed year-end management accounts that provide a clear and transparent view of the company's financial performance.
- Address audit queries promptly and thoroughly, ensuring full compliance with regulatory standards. Assist with tax matters by coordinating with external advisors, preparing necessary documentation, and ensuring timely submissions.
- Liaise with the Company Secretary as needed for any secretarial and compliance updates, ensuring the organization stays aligned with regulatory requirements.
- Bank Relationship & Online Banking Management:
- Oversee all bank-related activities by handling banking needs and setting up online banking systems. Ensure seamless integration of online banking platforms with existing financial operations, manage ongoing relationships with banking partners, and promptly resolve any bank-related issues to maintain operational efficiency.