ASSISTANT MANAGER FINANCIAL REPORTING

Key Responsibilities

• Financial Close & Reporting
• Manage end-to-end monthly, quarterly and annual financial close process.
• Prepare financial statements (P&L, Balance Sheet, Cash Flow) in line with local GAAP / IFRS.
• Ensure timely submission of internal management reports.
• Costing & Inventory Management
• Oversee product costing (raw materials, labor, overhead) for locally manufactured and imported paints.
• Analyze variances (standard vs actual), production inefficiencies, wastage.
• Maintain and reconcile raw material, work-in-progress, finished goods inventory accounts.
• Budgeting, Forecasting & Planning
• Assist in preparing the annual budget & periodic forecasts.
• Monitor performance vs budget, analyze deviations, recommend corrective actions.
• Compliance & Audit
• Ensure compliance with accounting standards (IFRS or local), statutory requirements, tax regulations.
• Liaise with external auditors during annual audit; facilitate their queries.
• Maintain internal controls; ensure processes are in place to safeguard assets.
• Cost Control & Profitability Analysis
• Identify cost-saving opportunities across procurement, production, supply chain.
• Perform margin / profitability analysis by product line, client, region etc.
• ERP / Systems & Process Improvement
• Ensure accurate setup of chart of accounts, cost centers, overhead allocations in ERP.
• Lead efforts to automate / simplify reporting and financial processes.
• Enhance reporting frameworks / KPIs to monitor business performance.
• Team Management & Collaboration
• Supervise junior accountants / financial reporting staff; provide coaching / review work.
• Collaborate with cross-functional teams—production, procurement, supply chain, sales—to gather inputs & resolve discrepancies.
• Ad hoc Analysis & Strategic Support
• Provide financial input / analysis for decision making: pricing, new product development, investment etc.
• Participate in special projects (e.g. cost reduction programs, new accounting standard implementation).

Requirements / Qualifications

• Bachelor’s degree in Accounting / Finance; professional qualification (ACCA / CA / ICMA) preferred.
• Typically 5-7 years of relevant experience, ideally in manufacturing / process / chemical / paints industry.
• Strong knowledge of costing methods, inventory valuation, variance analysis.
• Proficiency in accounting standards (IFRS / local), statutory & tax requirements (sales tax, income tax etc.).
• Good ERP experience (SAP / Oracle / other) and strong MS Excel skills.
• Strong analytical, problem-solving and attention to detail.
• Good communication skills; ability to present reports / insights to senior management.

Job Type: Full-time

Work Location: In person