Accountant Required Job DescriptionJob: Finance/Accounting Manager Reporting to: Director of Operations, Managing Director Primary Responsibilities: • Provide vital accounting information to help management make informed business decisions. • Provide accounting information that will benefit shareholders and creditors. • Provide forward-looking, instead of history accounting information. • Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. • Report to management regarding the finances of the establishment. • Develop, implement, modify and documents recordkeeping and accounting systems, making use of current computer technology. • Establish tables of accounts and assigns entries to proper accounts. • Computes taxes owed and prepare tax returns, ensuring compliance with payment, reporting or other tax requirements. • Maintain or examine the records of government agencies. • Advise clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans. • Develop, maintain, and analyze budgets, prepare periodic reports that compare budgets, prepare periodic reports that compare budgeted costs to actual costs. • Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice. Role considerations: • The cost of the development of new products. • The cost of the research work in finding new products. • The economy in the futures effect on clients. • The sales team ability to increase customer base. • The capability of the production team to increase production. General points: • The Accounting Manager focus on information that is to be used within the corporation not meant for the public. The information accumulated by the Accounting Manager is geared to help in investments or projects of profits for future production. The Accounting Manager formulates strategies that will help departmental management in making decisions. This helps in the planning and constructing business activities. The information that the Accounting Manager gathers helps in making decision within the corporation as to operations and profit margins. The Accounting Manager helps to safe guard assets of a corporation by being able to forecast future happenings in the economy. • The Accounting Manger is capable of recognizing the Cause and Effect accounting which is vital in forecasting business adventures. Activity based costing can help with the greater expenses than that of figuring the cost of raw materials. We need to be able to know what is the cost and effect of machinery breaking down. The loss of labor and the cost of repairs can soon mount up because we are not getting production out but the laborers still need to be compensated. All these factors are cost drivers that the Accounting Manager needs to be able to keep a handle on for futures. • The Accounting Manager has a duel role of reporting working as a strategic partner and provider of decision based financial and operational information management. The Accounting Manager is responsible for managing the business team and at the same time must report relationships and responsibilities to the corporations’ finance organization. The Accounting Manager provides inclusive of forecasting and planning, performing variance analysis, reviewing and monitoring costs inherent in the business are the ones that have dual accountability to both finance and the business team. Several things are considered when forecasting the corporation’s future financial situation. |