Financial Reporting Manager needed at AIICO

Job Description

• The Financial Reporting Manager will be responsible for overseeing the preparation, analysis, and submission of financial reports to various stakeholders, including regulatory bodies, senior management, and external auditors.
• This role requires a strong understanding of accounting principles, excellent attention to detail, and the ability to lead a team in a fast-paced environment.
• Manages the production of financial reports for a company, including corporate accounting and earnings reports presented to company directors, shareholders, auditors and regulators.
• Collects data from company financial analysts and accounting staff and presents, analyzes and manages filing of reports.

FUNCTIONS & RESPONSIBILITIES

• Lead the preparation of financial statements, including income statements, balance sheets, and cash flow statements, in accordance with IFRS standards.
• Ensure the accuracy, completeness, and consistency of financial data in the reporting process.
• Collaborate with accounting teams to gather necessary financial information and resolve any discrepancies.
• Stay current with financial reporting regulations and standards, ensuring compliance with relevant laws and regulations.
• Prepare and file regulatory reports accurately and on time, addressing any queries or requests from regulatory authorities.
• Coordinate and manage the annual external audit process, ensuring timely provision of information to auditors and addressing any audit findings or inquiries.
• Prepare audit schedules, reconciliations, and supporting documentation for audited financial statements.
• Implement and monitor internal controls related to financial reporting to safeguard the accuracy and integrity of financial data.
• Identify areas for process improvement and implement best practices to enhance efficiency and accuracy.
• Analyze financial data to identify trends, patterns, and anomalies, providing insights to senior management for informed decision-making.
• Collaborate with other finance teams to interpret financial results and explain variances in reporting.
• Prepare clear and concise financial reports and presentations for senior management and other stakeholders.
• Interface with other functional areas to ensure reporting integrity and accuracy.
• Report all findings to management with recommendations for improvement, and upon their approval, implement strategies to induce such change.

COMPETENCY REQUIREMENT

• Knowledge of industry-standard accounting principles, best practices, and procedures.
• Proven experience with process documentation of accounting procedures and internal controls in a dynamic environment.
• Ability to create a cost/expense allocation to appropriately share expenses across various projects, business units, reporting entities.
• Possess a thorough understanding of the financial reporting and general ledger structure.
• Knowledge of financial consolidations, eliminations, and segment reporting.
• Ability to read and interpret accounting rules and guidance as well as perform research and conduct investigations as necessary.

QUALIFICATIONS

• Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree or professional certification (ACCA, CFA, CPA, etc.).
• Minimum of 7 years experience in financial analysis, performance management, or related roles, with at least 2 years in a supervisory or managerial capacity

SKILLS

• Excellent written and speaking skills including preparation and presentation of verbal and written reports, presentations, and recommendations.
• Ability to work independently and manage time effectively in order to meet individual goals and deadlines.
• Excellent time-management, multi-tasking, and prioritizing skills.
• Establish effective working relationships with others to successfully lead, mentor, coach, and motivate.
• Demonstration of the highest level of integrity and trust..