Financial Data Processing
Responsible for processing financial data accurately and efficiently. This includes recording transactions, posting journal entries, and reconciling accounts to ensure that financial records are up-to-date and accurate.
Accounts Payable and Receivable
Oversee accounts payable functions, including processing invoices, verifying expenses, and making payments to suppliers. They also manage accounts receivable by issuing invoices, tracking payments, and following up on overdue accounts.
Expense Management
Managing employee expenses, ensuring that they are properly documented, approved, and reimbursed in accordance with company policies. Also analyse expense trends and identify opportunities for cost savings.
Payroll Processing
Involve in processing payroll, including calculating wages, deductions, and taxes, and ensuring that employees are paid accurately and on time. Handling payroll-related reporting and compliance requirements.
Financial Reporting
Prepare and analyse financial reports, including profit and loss statements, balance sheets, and cash flow statements. They provide insights into the financial performance of the business and communicate key findings to management.
Variance Analysis
Conducting variance analysis to compare actual financial results with budgeted or forecasted figures. Identifying variances, investigate underlying causes, and provide recommendations to management for corrective action.
Budgeting and Forecasting
Assist in the preparation of budgets and forecasts by providing input on revenue and expense projections based on historical data and market trends. They monitor actual performance against budgeted targets and provide regular updates to management.
Compliance and Audit Support
Ensuring that financial processes and transactions comply with relevant laws, regulations, and accounting standards. Also assisting with internal and external audits by providing documentation, answering inquiries, and addressing audit findings.