Manager Financial Reporting & Book Closure

Key Responsibilities

1. Financial Close & Record-to-Report (Primary Responsibility)

• Own the monthly, quarterly, and annual financial close process.
• Prepare and manage the detailed book closure calendar.
• Coordinate with Accounts, Operations, Sales, HR, Procurement, Payroll, and Tax teams to ensure timely completion of all close activities.
• Review completion of all month-end accounting entries, including:
• Revenue recognition
• Expense booking
• Accruals and provisions
• Prepaid expenses
• Payroll accounting
• Depreciation and amortization
• Fixed asset accounting
• Inter-company transactions
• Ensure books are closed within agreed timelines.

2. Financial Reporting

• Prepare monthly financial statements.
• Review Trial Balance and General Ledger for completeness and accuracy.
• Prepare Balance Sheet schedules and supporting reconciliations.
• Perform variance analysis against Budget, Forecast, and Previous Period.
• Develop dashboards and analytical reports for senior management.

3. General Ledger Governance

• Ensure the integrity of the General Ledger.
• Review journal entries and accounting adjustments.
• Monitor ledger accuracy and account classifications.
• Review suspense accounts and clearing accounts.
• Ensure proper accounting treatment in accordance with applicable accounting standards.

4. Balance Sheet Review

• Prepare monthly Balance Sheet review packs.
• Review ageing of receivables, payables, advances, deposits, and other key balances.
• Monitor provisions and accruals.
• Ensure timely reconciliation of all Balance Sheet accounts.
• Identify unusual transactions and recommend corrective actions.

5. Audit Management

• Coordinate Statutory Audit.
• Coordinate Internal Audit.
• Coordinate Tax Audit.
• Prepare audit schedules and supporting documentation.
• Track audit observations and ensure timely closure.
• Act as the primary finance coordinator for auditors.

6. Internal Controls (IFC)

• Develop and strengthen month-end closing SOPs.
• Standardize accounting processes.
• Improve documentation and audit trails.
• Recommend process automation and efficiency improvements.
• Ensure compliance with internal financial controls.

7. MIS & Management Reporting

Prepare financial dashboards.

Prepare cash flow summaries and working capital reports.

• Support budgeting and forecasting with actual financial data.

8. Cross-Functional Coordination

Work closely with:

• Operations
• Sales
• Procurement
• Human Resources
• Payroll
• Taxation
• Secretarial & Legal
• External Auditors
• Internal Auditors

to ensure complete and accurate financial reporting.

Key Deliverables

• Monthly books closed within agreed timeline.
• Audit schedules completed accurately.
• Balance Sheet reconciliations completed monthly.
• Trial Balance reviewed and approved.
• Financial statements prepared accurately.
• Variance analysis completed for management review.
• Compliance with accounting policies and internal controls.