Overview
The Accounts Head plays a pivotal role in managing the financial health and integrity of the organization. This position is crucial for overseeing the accounting department and ensuring that all financial transactions are accurately and efficiently recorded. The Accounts Head is responsible for developing financial policies and procedures to foster a culture of fiscal responsibility and compliance with regulations. By providing insightful financial reports and analyses the Accounts Head supports strategic decisionmaking and helps guide the companys longterm financial planning. Moreover the role involves liaising with external auditors banks and regulatory agencies ensuring that the companys financial practices meet all legal requirements. Ultimately the Accounts Head is integral to establishing a robust financial framework that aligns with the organizations goals thereby contributing to sustained financial success and stability.
Key Responsibilities
- Lead the accounting department managing the bookkeeping and financial reporting functions.
- Develop implement and maintain financial policies and procedures.
- Ensure compliance with local state and federal financial regulations.
- Oversee the preparation of annual budgets and forecasts.
- Conduct regular financial analysis to identify trends and variances.
- Prepare monthend and yearend financial statements.
- Coordinate annual audits and provide necessary documentation to external auditors.
- Manage cash flow and ensure adequate liquidity of the company.
- Monitor accounts payable and receivable to maintain timely payments.
- Review and reconcile bank statements and general ledger accounts.
- Advise management on financial strategy and risk management.
- Supervise junior accountants and provide ongoing training and development.
- Evaluate and improve financial processes for accuracy and efficiency.
- Engage with internal stakeholders to align financial goals with business objectives.
- Prepare tax returns and ensure timely payments for compliance.
Required Qualifications
- Bachelors degree in Accounting Finance or related field.
- Masters degree or MBA is preferred.
- Professional accounting certification (e.g. CPA CMA).
- Minimum of 810 years of experience in accounting or finance.
- Strong knowledge of accounting principles practices and regulations.
- Proficient in accounting software and Microsoft Excel.
- Experience in budget preparation and variance analysis.
- Excellent analytical and problemsolving skills.
- Strong leadership and team management abilities.
- Effective communication skills both verbal and written.
- Detailoriented with a high level of accuracy in financial reporting.
- Experience managing audits and regulatory compliance.
- Ability to work under pressure and meet tight deadlines.
- Strong ethical standards and ability to maintain confidentiality.
- Proven track record of strategic financial planning.
- Ability to adapt to changing financial landscapes and regulations.
strategic planning,leadership,variance analysis,microsoft excel,communication skills,regulatory compliance,budget preparation,accounting software,accounting,analytical skills,budget management,financial planning,finance,goods and services tax (gst),problem solving,audit management,team leadership,financial analysis,communication,financial reporting,tax compliance