Accounts and Finance Manager

Job Description : Accounts & Finance Manager Location: Malawi Salary ; 15 to 20LPA Experience Required: 8 to 13 Years Qualification: Inter-CA and/or M.Com Industry: Manufacturing Job Summary: We are seeking a highly skilled Accounts & Finance Manager to independently manage our finance operations. The ideal candidate should have strong accounting fundamentals, extensive experience in the manufacturing industry, and a solid understanding of international financial standards. Prior experience working in Africa will be an added advantage. Key Responsibilities: Financial Management & Reporting: Prepare and finalize monthly, quarterly, and annual financial statements. Lead and coordinate statutory audits, ensuring adherence to GAAP and IAS. Handle deferred tax and income tax computations and ensure timely statutory filings. Accounting Operations: Supervise day-to-day accounting functions including AP/AR, bank reconciliations, loan accounts, and fixed asset registers. Ensure timely and accurate posting of all financial transactions. Cash Flow & Working Capital: Prepare and monitor cash flow projections. Manage working capital efficiently to meet short-term and long-term financial obligations. Budgeting & MIS Reporting: Prepare annual budgets and compare actual performance against targets. Generate periodic MIS and ad hoc financial reports for top management. Banking & Compliance: Liaise with banks for applying and maintaining operational credit facilities. Ensure compliance with local banking regulations and Reserve Bank of Malawi for import/export matters. Audit & Taxation: Coordinate internal and external audits. Handle all taxation matters including VAT, income tax, and other statutory requirements. Inventory & Stock Control: Maintain accurate inventory records and conduct regular stock audits. Submit timely inventory reports and ensure proper valuation methods. Performance & Cost Analysis: Conduct branch-wise and departmental financial performance analysis. Identify cost-saving opportunities and highlight significant financial changes. Team Leadership: Lead a finance team of 3 expat and 3 local accountants. Provide training, supervision, and ensure a high level of team performance. Candidate Profile: Inter-CA and/or M.Com with a strong foundation in finance and accounting. 8 to 13 years of relevant experience in the manufacturing sector. Proficiency in budgeting, taxation, audits, and MIS reporting. Excellent communication, leadership, and problem-solving skills. Africa experience is a strong advantage.

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