Job Description: Accounts Manager
Job Title: Accounts Manager
Department: Finance & Accounts
Reports To: Finance Director / Financial Controller / General Manager
Job Summary
The Accounts Manager is responsible for overseeing the organization's accounting operations, ensuring accurate financial reporting, maintaining compliance with accounting standards and regulatory requirements, and managing the day-to-day activities of the accounting team. The role plays a critical part in financial planning, budgeting, cash flow management, and supporting strategic business decisions.
Key Responsibilities
Financial Management & Reporting
- Oversee the preparation of monthly, quarterly, and annual financial statements.
- Ensure accuracy, completeness, and timeliness of financial reporting.
- Review and approve journal entries, reconciliations, and financial records.
- Monitor financial performance and provide management with financial insights and recommendations.
- Prepare management reports, variance analyses, and financial forecasts.
Accounting Operations
- Manage daily accounting activities, including accounts payable, accounts receivable, general ledger, and fixed assets.
- Ensure all financial transactions are properly recorded and documented.
- Supervise month-end and year-end closing processes.
- Maintain and improve accounting systems, policies, and procedures.
- Ensure compliance with company accounting policies and internal controls.
Budgeting & Forecasting
- Coordinate the preparation of annual budgets and periodic forecasts.
- Monitor budget performance and analyze variances.
- Support department heads in budget planning and cost management.
- Provide recommendations to improve financial efficiency and profitability.
Cash Flow & Treasury Management
- Monitor cash flow, working capital, and liquidity requirements.
- Oversee banking activities, payments, and fund management.
- Ensure effective management of receivables and payables.
- Support financing activities and banking relationships when required.
Compliance & Taxation
- Ensure compliance with local tax regulations, financial reporting requirements, and statutory obligations.
- Coordinate tax filings, VAT/GST returns, and other regulatory submissions.
- Liaise with external auditors, tax consultants, and regulatory authorities.
- Ensure readiness for internal and external audits.
Team Leadership & Development
- Lead, supervise, and develop the accounting team.
- Allocate responsibilities and monitor team performance.
- Provide coaching, training, and professional development opportunities.
- Foster a culture of accountability, accuracy, and continuous improvement.
Internal Controls & Risk Management
- Establish and maintain strong internal control systems.
- Monitor compliance with financial policies and procedures.
- Identify financial risks and implement mitigation measures.
- Recommend process improvements to enhance operational efficiency.
Stakeholder Coordination
- Collaborate with senior management on financial planning and decision-making.
- Support business units with financial analysis and reporting needs.
- Communicate financial information clearly to internal and external stakeholders.
Requirements
- Bachelor's Degree in Accounting, Finance, Commerce, or a related field.
- 5–10 years of accounting and finance experience, with at least 2–3 years in a supervisory or managerial role.
- Strong knowledge of accounting principles, financial reporting standards, and taxation.
- Experience in budgeting, forecasting, cash flow management, and financial analysis.
- Proficiency in accounting software, ERP systems, and Microsoft Excel.
- Strong analytical, organizational, and leadership skills.
Preferred Qualifications
- Professional certification such as CPA, ACCA, CMA, or equivalent.
- Experience in multinational organizations or industry-specific accounting environments.
- Knowledge of ERP systems and financial automation tools.
- Experience managing audits and regulatory compliance requirements.
Key Competencies
- Financial Reporting & Analysis
- Budgeting & Forecasting
- Cash Flow Management
- Taxation & Regulatory Compliance
- General Ledger Management
- Internal Controls
- Leadership & Team Management
- Strategic Thinking
- Problem Solving & Decision Making
- Communication & Stakeholder Management
Key Performance Indicators (KPIs)
- Accuracy and timeliness of financial reporting
- Budget adherence and cost control performance
- Cash flow and working capital management effectiveness
- Audit results and compliance performance
- Reduction in financial errors and process inefficiencies
- Timely completion of tax filings and statutory submissions
- Team productivity and development
Work Environment
- Primarily office-based within corporate, commercial, industrial, retail, hospitality, or service organizations.
- Regular interaction with senior management, auditors, banks, suppliers, and regulatory authorities.
- May require additional working hours during month-end closings, audits, budgeting cycles, and financial reporting periods.
