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The Deputy Manager - Accounts Receivable will play a crucial role in our Finance department. This position involves managing a team, performing month-end closing activities, analyzing financial statements, and ensuring compliance with internal and external audits. The successful candidate will have the opportunity to drive process improvements and contribute to the overall financial health of the organization.
Job Responsibility
Lead and manage the Accounts Receivable team, ensuring efficient and effective operations.
Perform month-end closing activities for revenue recognition, including analysis and commentary for management reports.
Analyze and explain variances in P&L and Balance Sheet items, providing insights for decision-making.
Ensure adherence to internal financial controls and liaise with auditors for audit closures.
Prepare balance sheet schedules, including bank reconciliations, and investigate aged open items.
Identify process improvement opportunities and implement best practices to enhance efficiency.
Involve in automation and standardization projects to streamline financial processes.
Prepare and update Standard Operating Procedures (SOPs) to maintain operational consistency.
Maintain a basic understanding of direct and indirect taxation principles.
Requirements
Bachelor's degree in Finance, Accounting, or a related field.
Minimum 5 years of experience in Accounts Receivable or a similar role, with at least 2 years in a managerial position.
Strong knowledge of accounting principles and practices, especially revenue recognition.
Excellent analytical and problem-solving skills, with the ability to interpret financial data.
Proficiency in using accounting software and Microsoft Office applications, especially Excel.
Experience in process improvement initiatives and a track record of driving change.
Good understanding of internal and external audit processes and requirements.
Effective leadership and team management skills, with the ability to motivate and develop team members.
Strong communication and interpersonal skills, with the ability to collaborate with cross-functional teams.
Ability to work independently, manage multiple tasks, and meet tight deadlines.