Accounts Manager

We are looking for a dynamic Accounts Manager.

We are seeking a highly skilled and detail-oriented Accounts Manager with in-depth knowledge of banking processes to oversee the financial operations of our organization. The ideal candidate will be responsible for managing accounts payable and receivable, preparing financial statements, ensuring compliance with tax regulations, and improving financial processes. The Accounts Manager will also supervise a team, implement internal controls, and collaborate with other departments to optimize financial performance.

Key Responsibilities:

Financial Management & Reporting:

• Maintain and update accounting records, ledgers, and financial statements.
• Prepare monthly management accounts and periodic financial reports.
• Assist in the preparation of annual financial statements, budgets, and forecasts.
• Monitor and manage cash flow, including bank deposits, banking schedules, and reconciliations.
• Prepare and submit VAT returns and other statutory financial filings.
• Conduct inventory count reconciliations and maintain financial control systems.
• Oversee cost accounting, variance analysis, and ensure proper allocation of expenses.
• Assist in financial audits by providing necessary data and documentation.

Accounts Payable & Receivable:

• Maintain up-to-date accounts payable and receivable records.
• Issue invoices and ensure timely collection of payments.
• Process supplier payments, ensuring accuracy and compliance with financial policies.
• Reconcile supplier statements and resolve discrepancies.
• Manage purchase ledgers and supplier accounts, including setting up payment terms.
• Monitor vendor accounts and ensure timely and accurate processing of invoices and payments.
• Process staff expenses, utility accounts, and assist with procurement operations.

Banking & Compliance:

• Maintain accurate financial records and oversee bank reconciliations.
• Ensure compliance with banking regulations, tax requirements, and financial reporting standards.
• Monitor forex trends and manage foreign payments efficiently.
• Implement internal controls to mitigate financial risks and prevent fraud.
• Coordinate with financial institutions for banking transactions and optimize banking processes.

Team Management & Process Improvement:

• Supervise the accounts team, providing guidance and ensuring efficiency.
• Identify opportunities for process improvement and automation within the accounting function.
• Motivate and inspire the finance team to achieve performance targets and KPIs.
• Collaborate with the procurement team to streamline import processes and minimize lead times.
• Assist in financial system development and enhancements.

Payroll & HRDC Compliance:

• Process monthly payroll and administer related financial transactions.
• Oversee HRDC applications and follow-ups for training reimbursements.
• Ensure accurate processing of internal charges, invoices, and purchase orders.

Administrative & Miscellaneous Tasks:

• Handle petty cash and maintain proper cash flow records.
• Administer MasterCard and petty cash systems, including reconciliations.
• Manage filing and documentation for financial records.
• Perform any other finance-related duties as assigned by the Head of Department or Managing Director.

Key Challenges:

• Balancing accuracy and efficiency within tight deadlines.
• Managing financial risks, fluctuating budget demands, and global import timelines.
• Ensuring continuous improvement in financial processes while maintaining compliance.
• Keeping the team motivated and aligned with financial and operational goals.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree preferred).
• Professional certification (e.g., ACCA, CPA, CIMA) is an advantage.
• Minimum of 7-10 years of experience in accounting and financial management, preferably in a similar role.
• Strong understanding of banking processes, financial controls, and compliance regulations.
• Hands-on experience with accounting software and ERP systems.
• Proficiency in Microsoft Office Suite, especially Excel.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management abilities.
• Ability to work under pressure and meet strict deadlines.
• Effective communication and interpersonal skills.