Financial Manager

Client of Premier Services & Recruitment

Key Responsibilities

• Develop and monitor annual budgets, forecasts, and financial plans.
• Analyze financial performance and provide actionable insights to management.
• Conduct variance analysis between actual results and budgets to identify trends, risks, and opportunities.
• Prepare monthly, quarterly, and annual financial reports for senior management.

Cost Control & Manufacturing Accounting

• Monitor production costs, raw material usage, and labor expenses to ensure cost efficiency.
• Collaborate with the production and procurement teams to optimize inventory and minimize waste.
• Implement cost allocation methods suitable for manufacturing operations (e.g., job costing, standard costing).
• Track and report on product margins and profitability per product line or showroom.

Accounting & Compliance

• Supervise all accounting operations including billing, accounts receivable/payable, and general ledger.
• Ensure compliance with local tax regulations, audits, and financial policies.
• Coordinate with external auditors for yearly audits and maintain accurate documentation.
• Manage cash flow, bank reconciliations, and payments to suppliers.

Strategic & Operational Support

• Provide financial guidance to management on pricing, sales targets, and expansion decisions.
• Assess the financial viability of new projects, branches, or showrooms.
• Support digital transformation initiatives such as ERP implementation for financial tracking and inventory control.
• Oversee financial risk management and propose strategies for sustainable growth.