About the Job
Financial Reporting Manager
Responsibilities
A financial reporting manager is reporting to the CFO.
The Financial Reporting Manager (FRM) is essential for ensuring that an organization's financial data is accurate, compliant, and insightful and responsible for preparing and analyzing financial statements, which include balance sheets, income statements, and cash flow statements. FRM play a crucial role in the strategic decision-making process by providing the CFO & Top management with the information necessary to evaluate the company’s financial performance.
A Financial Reporting Manager's core responsibilities include the meticulous management and supervision of financial statements and reporting activities. They are tasked with:
Preparing Financial Records
: Ensuring that the company's financial records, such as balance sheets, income statements, and cash flow statements, are accurate and prepared on time.
Regulatory Compliance
: Overseeing that all reporting adheres to local GAAP & IFRS, NBEs regulations, and other relevant financial, tax rules, legislations and regulations.
Internal Controls
: Establishing and monitoring internal controls to safeguard the financial integrity of the Digaf. This often encompasses financial control measures to prevent and detect errors or misstatements.
The role further extends to coordinating with the finance Operation to consolidate financial data and support month-end, Quarterly and year-end close processes and reports.
An FRM responsibility also includes:
Review the finance operation finance documents
Manage & oversees the preparation of financial statements
Ensuring compliance with accounting standards and regulations
Managing a the financial reporting team
Staying updated on changes in accounting standards and tax laws
Assigning and managing finance reporting team
Develop key performance goals, targets & indicators for the finance reporting function
Manage and measure finance reporting team performance and report on it
Assist the CFO in finance reporting issues and priorities
Work closely and as a team with Digaf’s finance operation team, Internal & External Auditors & communicate effectively.
About You
Requirements
Essential Skills and qualification
Financial Analysis
: Ability to interpret complex financial data and provide actionable insights.
Regulatory Knowledge
: Comprehensive understanding of local GAAP, IFRS, and other applicable financial reporting standards.
Communication
: Clear and effective communication with stakeholders and team members.
Leadership
: Guidance and supervision of finance reporting teams
Technology Proficiency
: Mastery of accounting software, Peachtree and advanced Excel skills.
Financial Analysis
: he/she must analyze trends, forecast financial outcomes, and make informed suggestions to positively impact the company's financial future.
Regulatory Knowledge
: Staying up-to-date with the latest financial regulations and compliance measures is crucial for ensuring that reports meet legal standards.
Communication
: Clear articulation of complex financial information to stakeholders of various levels of financial acumen is necessary.
Technology
Usage
: Skilled use of financial databases, spreadsheets, and accounting software is essential, as technology plays a significant role in financial data management.
Attention to detail
: The ability to be accurate and work under pressure
Education
: A bachelor's degree/MA’s in finance, accounting, business, or equivalent
Experience
: At least seven years of relevant experience, including four or more years in a financial reporting managerial role
Professional qualifications
: An ACCA full/part qualification is an advantage
Requirement Skill
Oral and written communication
Negotiation
Attention to detail
Leadership