Senior Finance Executive (Retail Industry)

Key Responsibilities:

• Oversee the day-to-day accounting operations, including accounts receivable, accounts payable, general ledger maintenance, and bank reconciliations.
• Lead and mentor a team of accounting staff, providing guidance and support to ensure adherence to accounting principles and company policies.
• Prepare and review monthly, quarterly, and annual financial statements and reports for management review.
• Conduct variance analysis and financial performance reviews to identify areas for improvement and cost-saving opportunities.
• Collaborate with internal stakeholders to develop and implement financial controls and processes to mitigate risks and ensure compliance with regulatory requirements.
• Manage the budgeting and forecasting process, providing accurate and timely financial projections to support business planning initiatives.
• Liaise with external auditors, tax authorities, and regulatory bodies to facilitate audits and ensure compliance with statutory reporting obligations.
• Evaluate and optimize the effectiveness of existing accounting systems and recommend enhancements or upgrades as necessary.
• Stay abreast of industry trends, best practices, and regulatory changes impacting the retail sector, providing recommendations to senior management as needed.
• Perform ad-hoc financial analysis and projects as assigned by the Finance Manager or senior leadership.

Requirements:

• Diploma/Degree in Accounting, Finance, or related field. Professional certification (e.g., ACCA, CPA) preferred.
• Minimum of 5 years of progressive accounting experience, including managerial responsibilities, preferably in the retail industry.
• Strong understanding of accounting principles, financial reporting standards, and regulatory requirements.
• Analytical mindset with the ability to interpret financial data, identify trends, and provide actionable insights to support business decisions.
• Detail-oriented with a commitment to accuracy and integrity in financial reporting and analysis.
• Ability to thrive in a dynamic and evolving organization, demonstrating adaptability, resilience, and a continuous improvement mindset.