Financial Reporting Manager

Roles and Responsibilities

Responsible for the timely execution of closing, consolidation and reconciliation of accounts and financial reporting at Group Level.

Group Reporting

• Manage the closing and consolidation of all ledgers and accounts on a monthly, quarterly and annual basis
• Ensure Group balance sheet and P&L schedules are reconciled on a timely manner
• Manage outstanding issues and concerns related to consolidation and financial reporting with Departments and subsidiaries
• Process management reporting requirement, monthly/ Quarterly/ Yearly closures, audits and reviews
• Assist in preparation and submission of other applicable internal and external reporting including monthly reporting to the shareholders
• Ensure quarterly and annual financial statements follow the International Financial Reporting Standards (IFRS)
• Provide all support to internal and external auditors and promptly clarify all audit queries raised
• Coordinate with external auditors to ensure a smooth external Audit verification in accordance with statutory requirements and applicable international accounting standards
• Handle special analyses such as financial analysis and cash flows
• Assist in acquisition and disposal accounting of subsidiaries/assets.
• Assist in other adhoc reporting requirements.

Qualification And Experience

• Bachelor’s degree in accounting
• Professional accounting qualification e.g., CPA, CIMA, CA, ACCA

RELATED YEAR OF EXPERIENCE:

• Min of 7+ years of experience of consolidation, reporting, financial accounting and management accounting experience

Technical And Interpersonal Skills

• Knowledge of and ability to apply international accounting standards/ IFRS and ERP systems (FCCS experience is preferred)
• Knowledge of and ability to adhere to internal controls
• Good analytical skills
• Vigilant and detail oriented
• Strong communication skills
• Strong time management capabilities

Field Of Experience

• Experience of accounting within real estate or related industry is preferred
• Experience in complex Group-wide accounting, consolidation and reporting, preferably in a public company or large Group

Desired Candidate Profile

1. Preparation of Financial Statements: Creating accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.

2. Compliance: Ensuring that financial reports comply with accounting standards (e.g., GAAP or IFRS) and regulatory requirements.

3. Analysis: Conducting variance analysis to compare actual financial performance against budgeted figures and previous periods.

4. Reporting to Stakeholders: Preparing reports for internal stakeholders (management, board of directors) and external parties (investors, regulatory bodies).

5. Month-End Close: Managing the month-end close process to ensure all financial transactions are recorded accurately.

6. Audit Support: Coordinating with internal and external auditors during financial audits, providing necessary documentation and explanations.

7. Data Integrity: Ensuring the accuracy and integrity of financial data through regular reconciliations and reviews.

8. Financial Policies: Developing and maintaining financial reporting policies and procedures.

Skills:

1. Accounting Knowledge: Strong understanding of accounting principles and financial reporting standards.

2. Analytical Skills: Ability to analyze financial data and identify trends or discrepancies.

3. Attention to Detail: High level of accuracy in preparing financial reports and statements.

4. Communication Skills: Proficient in conveying financial information clearly to various stakeholders.

5. Technical Proficiency: Familiarity with financial reporting software and tools (e.g., ERP systems, Excel).

Budgeting Responsibilities:

1. Budget Preparation: Leading the preparation of annual budgets, including revenue, expenses, and capital expenditures.

2. Forecasting: Developing financial forecasts based on historical data, market trends, and organizational goals.

3. Monitoring Performance: Tracking budget performance throughout the year and providing regular updates to management.

4. Variance Analysis: Analyzing variances between budgeted and actual results, explaining discrepancies, and recommending corrective actions.

5. Collaborative Planning: Working with various departments to gather input and ensure alignment in the budgeting process.

6. Long-Term Planning: Supporting strategic planning efforts by providing long-term financial projections and insights.

7. Resource Allocation: Assisting in determining optimal resource allocation based on budgetary constraints and organizational priorities.