Job Description

GENERAL ACCOUNTING

• Manage all finance and accounting operations

• Review journal entries and general ledger

• Ensure transactions are recorded in accordance with GAAP, IFRS and SFRS

• Reconcile bank account

• Lead the month-end and year-end closing process. Close the company’s books in an accurate, timely and efficient way

• Prepare monthly financial statements

• Prepare financial analysis and financial reports for management business review

• Verify and approve all the financial statements in terms of correctness

• Ensure sufficient funds for working capital. And ensure the minimum bank balance is maintained

• Monitor and reconcile cash inflows and outflows of the business to meet obligations, sustain operations, allocate fund for projects

• Prepare the financial budget including incorporation of historical data and forecasting

• Calculate future profits and expenses with the help of previous financial records (trend analysis)

• Prepare monthly rolling forecasts and financial projections

• Coordinate with the bank on the incoming funds with issues on the beneficiary details

• Deal Fx Contract with bank

• Administer loan agreements and credit facility for company borrowings

• Review wire payment done

• Cost analysis, ensure that the company’s products and services are sold at a profit margin

• Identify efficiencies and opportunities for cost reductions across the business

• Discuss with operations team on how to control cost and improve efficiency

• Conduct the business risk assessment through financial analysis

• Conduct credit risk assessment for new customers prior to extending credit terms

• Design and monitor company policies and internal controls, especially spending controls, to safeguard company assets and reduce fraud

• Check accuracy of accounting and inventory system

• Lead and mentor accounting staffs

• Resolve accounting issues found in the system or as reported by accounting staff, CS and operations team

• Coordinate with external financial, compliance and tax auditors. Prepare audit schedules

• Analyse audit findings, resolve issues and variances found in audit

• Advise company managers on operations activities based on knowledge of the underlying business.

• Advise top management on the noted potential risks