Livasa Hospitals
Urgently Required
Assistant Accounts Manager
Experience : 1 to 5 years
No of vacancies : 1
Job Description: The Assistant Accounts Manager plays a crucial support role within the finance department of an organization, working closely with the Accounts Manager to oversee the daily operations of the accounting team. This role involves assisting in the preparation of financial statements, managing ledgers, ensuring compliance with regulations, and contributing to the overall financial health of the company. The Assistant Accounts Manager acts as an intermediary between the accounting team and senior management, ensuring accurate and timely financial reporting and supporting strategic financial planning.
Key Responsibilities: Financial Reporting: Assist in the preparation and analysis of financial reports, including balance sheets, income statements, and cash flow statements, ensuring they comply with legal, regulatory, and company policies.
Ledger Management: Oversee the general ledger, ensuring all financial transactions are accurately recorded and reconciled.
Compliance and Controls: Help ensure that financial operations comply with state and federal regulations, and internal financial controls are maintained to safeguard the company’s assets.
Budget Support: Support the budgeting process by collecting data, analyzing financial trends, and assisting in the preparation of annual budgets.
Taxation: Assist with tax preparations and filings, ensuring compliance with tax regulations. Work with external tax consultants as needed.
Audit Support: Coordinate with internal and external auditors during financial and operational audits, providing necessary information and implementing recommendations for improvements.
Cash Management: Help manage the company’s cash flow forecasting and ensure that cash flow is steady and supports the company’s business needs.
Team Collaboration: Work closely with other departments to support financial objectives, offering insights and financial advice to support decision-making.
Education Qualifications: Educational Background: Bachelor’s degree in accounting, finance, or related field. A Master’s degree or professional certifications (e.g., CPA, CMA) is advantageous.
Experience: Proven experience in accounting or a related financial role, with a deep understanding of accounting principles, financial reporting, and tax regulations.
Skills: Proficiency in financial software and Microsoft Office, strong analytical skills, attention to detail, and excellent communication abilities.
Key Attributes: Analytical Thinking: Ability to interpret and analyze financial data accurately, providing valuable insights for decision-making.
Leadership Potential: While not primarily a leadership role, demonstrating the potential to motivate and guide team members is important for eventual progression.
Problem-Solving: Capacity to identify and resolve financial discrepancies, implement improvements in financial processes, and navigate complex financial situations.
Adaptability: Ability to adapt to changing financial landscapes, regulations, and internal policies, maintaining accuracy and compliance.
Integrity and Ethics: Commitment to ethical financial management, confidentiality, and integrity in all transactions and reporting.
About the Role: The Assistant Accounts Manager position is a stepping stone to higher managerial roles within the finance department. It offers a unique blend of hands-on financial management and strategic planning responsibilities, making it an ideal role for individuals looking to advance their career in finance. This role provides exposure to various financial operations and challenges, offering a broad understanding of the financial workings of a company. Through their contributions to financial reporting, compliance, and strategic planning, Assistant Accounts Managers play a vital role in the financial health and success of their organizations.