Accounting Manager
Canadian International College
Total des années d'expérience :17 years, 6 Mois
Main Technical Responsibilities:
• Manage the company’s financial, accounting and budgeting functions.
• Provide expert financial and commercial advice on business decisions to the CFO and executive team.
• Coordinate the preparation of financial and business plans, budgets and forecasts, providing analysis of data and advice to the management team.
• Serve as a partner to other members of the management team in developing and implementing solutions to their business challenges.
• Oversee regular analysis and forecasting, quarterly closings and periodic financial reviews.
• Maintain and build treasury/banking relationships.
• Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
• Participate in developing new business, specifically; assist the CFO in identifying new funding opportunities, the drafting of feasibility studies.
• Develop and maintain systems of internal controls to safeguard financial assets of the organization.
• Ensure adequate cash flow to meet the organization's needs.
• Oversee preparation of project budgets and annual company budgets.
• Continuously monitor actual performance against the budgets, and Plan for and oversee the annual audit.
• Report variances on periodical basis.
• Responsible for cash management and liaise with banks on day to day operations.
• Create files & Relations ships with regard to bank facilities (loans, credit lines, Project finance)
• Oversee daily operations of the finance department, including Designing, establishing and maintaining department structure to accomplish the department's goals and objectives.
• Train, assign, supervise and evaluate the performance of accounting personnel.
• Monitor and evaluate efficiency and effectiveness of department, identify opportunities for improvement, supervise implementation of changes.
• Maintain Tender Bonds, Performance Bonds and Retention Bonds relating to all projects.
• Coordinate with each Department Head to ensure that the financial management, planning, systems and controls for each Department is being implemented following signed off on the board approved budget.
• Create and maintain a complete financial reporting system.
• Handle overall maintenance of corporate financial records.
• Establish accounting policies and procedures to ensure that all financial transactions are well documented.
• Analyze organization's financial performance with respect to profits, trends, costs, and compliance with budget, Presents findings and recommendations to senior management.
• Accounts Receivable; oversee the order-to-cash cycle.
• Accounts Payable; oversee the procure-to-pay cycle, including capital expenditures.
• Internal Controls and Reconciliations; responsible for documenting and establishing an environment of effective internal controls, which includes system descriptions. Also, will ensure that all bank accounts are reconciled monthly and that all balance sheet accounts are reconciled on a regularly basis per internal policies and procedures. The Controller will ensure proper segregation of duties with associated documentation is in place.
Managerial Responsibilities:
• Ensuring the development, performance, and conduct of each employee working in Finance & Accounting Directorate.
• Defining clear goals and courses of action to subordinates, and following up to ensure that these are carried out; ensuring the well-being and progress of the personnel in their groups; fostering good working relationships; displaying integrity in all actions; and displaying proper attitude and behavior, job knowledge, and effective communication to build good working relationships thereby motivating people to accomplish programs and meet objectives.
• Responsibilities include managing the activities of
• Responsible for auditing all daily transactions.
• Manage Customers’ accounts and general accounts.
• Responsible for both manual and computerized accounting system.
• Follow up and evaluate the performance of accountants in their department.
• Responsible for handling all cash and bank’s transactions.
• for reviewing and auditing payroll.
• Ensure accurate reporting of all financial processes.
• Liaising with external auditors to ensure annual audit is carried out in addition to related internal audit issues.
• Responsible for complete accounting cycle (Revenue, Expense, Closing& Reporting).
• Liaise with all departments to provide the cash flow inputs for monthly actual and forecasts.
• Coordinate with respective departments to complete the budget and quarterly forecast activities.
1. Accounting:
• Perform accounting functions as assigned including, accrual, cash, cash applied to A/P & A/R, bad debt allowance and non-admitted A/R on a monthly basis, Back-up month-end duties
2. Reporting & Analysis:
• Assists in preparation of monthly management report and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports. Assist in providing follow-up and documentation of significant variances.
• Assist with completion of the quarterly and annual balance sheet.
3. Systems:
• Assist with testing and receive final approval for system reports required for management, financial reporting and general ledger reconciliations.
4. Banking/Cash:
•Coordinate and resolve various issues with bank such as cleared check differences, bank fee anomalies, and targeted balance calculations.
• Monitor positive pay exceptions.
5. Other:
• Providing customer service regarding collection issues, process customer refunds, process and review account adjustments, resolve client discrepancies and short payments.
• Ensure accurate processing and recording of company’s payroll, provide timely and accurate financial information, participate in daily data entry Payroll processing.
• Responsible for the project billing process, including responding to client inquiries, verifying employee’s chargeable time; in accordance with the established accounting standards and billing policy.
• Performed accounts payable functions for construction expenses.
• Managed vendor accounts, generating weekly on demand cheques.
• Managed financial departments with responsibility for Budgets, Forecasting, Payroll, Accounts Payable and Receivable.
• Created budgets and forecasts for the management group.
• Ensured compliance with accounting deadlines.
• Prepared company accounts and tax returns for audit.
•Handled work related to monthly billing and sales reports.
•Carried out payroll processing tasks.
•Worked with team members in tasks such as updating general ledgers and journal