Description:
The Deputy Manager Financial Reporting will play a pivotal role in managing and overseeing the financial reporting and compliance functions of the organization. This role requires a deep understanding of IFRS, local regulatory frameworks, and the financial reporting standards applicable to public listed companies. The successful candidate will be responsible for ensuring the accuracy and timeliness of financial statements while supporting strategic decision-making through effective reporting and analysis.
Key Responsibilities:
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Preparation of Financial Statements:
- Lead the preparation of accurate and detailed financial statements in compliance with International Financial Reporting Standards (IFRS) and local regulatory requirements.
- Ensure all statutory and regulatory obligations are met in a timely manner.
- Maintain a high level of integrity and transparency in financial reporting.
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Monthly, Quarterly, and Annual Financial Reports:
- Collaborate with internal teams to prepare monthly, quarterly, and annual financial reports tailored for both management and external stakeholders.
- Provide meaningful insights and recommendations based on financial data to assist in strategic planning and decision-making.
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Financial Closing and Audit Support:
- Oversee the financial closing processes, ensuring accuracy and completeness of financial data.
- Serve as the key liaison for external auditors by providing required documentation and ensuring smooth audit processes.
- Address audit queries and implement recommendations to enhance financial processes.
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Variance Analysis and Budgeting:
- Conduct thorough variance analysis to compare actual performance against budgets and forecasts, identifying trends and variances.
- Prepare and monitor budgets, forecasts, and financial performance reviews to drive operational efficiency.
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Process Improvement and Compliance Updates:
- Continuously update and enhance financial reporting systems and processes to align with evolving regulatory requirements.
- Implement best practices in financial reporting to improve efficiency and accuracy.
- Stay updated with changes in IFRS and other relevant regulatory frameworks, ensuring the organization remains compliant.
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Stakeholder Collaboration:
- Work closely with internal departments, external stakeholders, and regulatory authorities to ensure seamless financial reporting and compliance.
- Build and maintain strong relationships with key stakeholders to support the organization’s financial objectives.