Assistant Finance Manager Job Description
Job Title
Assistant Finance Manager
Job Summary
The Assistant Finance Manager supports the Finance Manager in overseeing the organization's financial operations, budgeting, reporting, and compliance activities. This role assists in maintaining accurate financial records, preparing financial statements, monitoring cash flow, and ensuring adherence to financial policies and regulatory requirements.
Key Responsibilities
- Assist in preparing monthly, quarterly, and annual financial reports.
- Support budgeting, forecasting, and financial planning activities.
- Monitor and analyze financial performance and identify variances.
- Assist in managing accounts payable, accounts receivable, and general ledger activities.
- Support cash flow management and treasury functions.
- Ensure accurate and timely financial record-keeping and reconciliations.
- Assist in the preparation of statutory audits and tax filings.
- Monitor compliance with financial regulations, accounting standards, and company policies.
- Prepare financial analyses and management reports for decision-making.
- Support internal controls and risk management processes.
- Coordinate with external auditors, banks, and regulatory authorities.
- Supervise and guide junior finance staff when required.
Required Qualifications
- Bachelor's degree in Finance, Accounting, Commerce, or a related field.
- Professional qualification such as CA, CMA, ACCA, CPA, or equivalent is preferred.
- 3–7 years of experience in finance, accounting, or related roles.
- Strong knowledge of accounting principles, financial reporting, and taxation.
- Proficiency in accounting software and Microsoft Excel.
- Excellent analytical and problem-solving skills.
Preferred Skills
- Financial planning and analysis (FP&A)
- Budgeting and forecasting
- Financial reporting
- Cash flow management
- Taxation and regulatory compliance
- Audit coordination
- Leadership and team management
- Attention to detail and accuracy
Key Competencies
- Financial Analysis
- Strategic Thinking
- Decision Making
- Communication Skills
- Time Management
- Problem Solving
- Organizational Skills
- Integrity and Confidentiality
Working Conditions
- Full-time office or hybrid work environment.
- May require extended working hours during month-end, year-end closing, audits, or budgeting periods.
- Regular interaction with management, auditors, financial institutions, and other departments.
Reporting To
Finance Manager, Financial Controller, Head of Finance, or Chief Financial Officer (CFO).
KPIs (Key Performance Indicators)
- Accuracy and timeliness of financial reports
- Budget variance management
- Cash flow efficiency
- Compliance and audit performance
- Cost control initiatives
- Financial process improvement and automation
- Timely completion of month-end and year-end closings
