Senior Manager Finance

1 week ago

Lahore, Punjab, Pakistan People Full time

About the job Senior Manager Finance (H-578)

Role Overview:

The Senior Manager of Finance & Accounts will oversee all financial operations, ensuring the organization's financial health and stability. This leadership role requires a strategic thinker with a strong background in finance and accounting, particularly within the hospitality industry.

Key Responsibilities:

  • Financial Planning and Analysis: Lead the development of annual budgets and financial forecasts, aligning with the company's strategic objectives.
  • Conduct regular performance analysis, comparing actual results to budgeted figures, and provide insights to senior management.
  • Financial Reporting: Prepare and present accurate and timely financial statements, including income statements, balance sheets, and cash flow statements. Ensure compliance with accounting standards and regulatory requirements in financial reporting.
  • Cash Flow Management: Monitor and manage cash flow, optimizing liquidity to meet operational needs. Implement strategies to efficiently manage working capital, balancing receivables and payables.
  • Risk Management: Identify and assess financial risks, developing and implementing risk mitigation strategies. Oversee insurance policies to protect the organization against financial risks.
  • Team Leadership: Lead, mentor, and develop the finance and accounts team, fostering a culture of continuous improvement and professional development.
  • Compliance and Audit: Ensure all financial activities comply with local regulations and industry standards. Coordinate with external auditors and regulatory bodies as required.

Qualifications:

  • Bachelors degree in Accounting, Finance, or a related field; CPA or equivalent certification is preferred.
  • Minimum of 10 years of progressive experience in accounting or finance roles, with at least 5 years in a managerial position within the hospitality industry.
  • Strong understanding of local regulatory frameworks, corporate taxation, financial reporting standards, and compliance requirements.
  • Excellent leadership, communication, and interpersonal skills.
  • Proficiency in financial management software and advanced MS Excel skills.
  • Strong analytical and problem-solving abilities, with a keen attention to detail.
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