Principal Duties and Responsibilities
Responsible for day to day finance and accounts operations of The Oleaster and its related businesses
Provide managerial and oversight for all accounting functions
Provide accurate, timely periodic financial statements of The Oleaster and its related businesses to management
Provide direction to all accounting staff
Provide oversight of assets and finances of all The oleaster and its related businesses
Manages overall responsibility for accounting related information from various businesses
Oversight include monitoring purchases compared to the budget, accounts payable, general ledger, payroll, and capital expenditures / equipment.
Reconciliation of all cash accounts and monitoring of cash receipts and disbursements.
Evaluate performance and professional development of staff.
Assist in the management of the overall operational, budgetary, and financial responsibilities and activities of The Oleaster and its related businesses.
Make business decisions that are financially responsible, accountable, justifiable, and defensible in accordance with organization policies and procedures.
Handle full spectrum of financial and cost accounting role e.g. AR, AP, GL, forecasting, budgeting etc.
Supervises end-of-period processes and supports the analysis of the periodical business performance, budgets, and forecasts.
Management and coordination of activities relating to Vendors / Procurement.
Responsible for timely monthly, separate and consolidated financial statements, payments, cash-flow management reporting for submission to management
Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns.
Work consultatively with the respective departments on cost reduction initiatives
Review & approve payment vouchers & journal entries.
Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.
Overseeing the Maintenance and reconciliation of Goods Receipts / Invoice Receipt Account.
Create and enhance financial policies and procedures across the accounting department as well as the wider Finance department.
Ensures consistency in procedures and policies across the accounting department and that these policies are appropriately set for the achievement of the business’s overall goals and objectives.
Leads compliance with the business’s internal corporate framework policies and finance manuals.
Assist in auditing activities by providing necessary information and preparing requested documentations.
Monthly evaluating of Unapplied Advance Payment to determine the risk level.
Monitors expenditures, analyze revenues and determine budget variances
Perform month-end accounting activities such as reconciliations and journal entries.
Develops reports on all accounting related matters inclusive of taxation matters. These reports accompany pro-active advice and recommendations on the business’s financial approaches from an accounting and taxation perspective.
Formulate and oversee the implementation of the company’s accounting policies
Ensure completeness and accuracy of the company’s records (e.g. Clients, Suppliers, Banks, Employees, Management, Government and its relevant agencies etc.)
Perform any other duty assigned by the Medical Director
Education, Experience & Skills
Minimum of M.Sc in Accounting
First Degree must be in Accounting
Certified member of ICAN / ACCA
Minimum of 4-5 years' core experience in accounting / management account
Excellent strategic planning skills
Ability to work independently and highly meticulous.
Ability to lead and manage a team effectively
Good working knowledge of Microsoft Excel
Knowledge of Oracle Financials or any other financial software.