Finance Officer at Taeillo

Job Summary

• We are seeking a dynamic Finance Officer who will be responsible for managing financial processes and ensuring the efficient flow of financial information within the company.
• The role requires maintaining financial records, supporting budget preparation, monitoring financial performance, ensuring compliance with relevant regulations, and providing financial reports to senior management.
• This position will be critical in driving financial planning, analysis, and decision-making to support the company's manufacturing operations and business objectives

Responsibilities

• Monitor manufacturing costs and expenses, identifying areas for cost reduction or process improvement.
• Analyze variances between actual performance and budgeted targets, providing recommendations for corrective actions.
• Oversee the allocation of overheads and fixed costs within the production process.
• Ensure the company maintains sufficient cash flow to meet operational requirements, including vendor payments, salaries, and other liabilities.
• Monitor accounts receivable and accounts payable to ensure prompt and accurate collection and payment.
• Ensure compliance with local, state, and federal tax regulations, including preparation of tax returns and management of audits.
• Coordinate with external auditors to ensure the company’s financial records are accurate and compliant.
• Oversee inventory valuations and ensure accurate financial reporting of manufacturing assets.
• Continuously review financial and accounting processes to ensure they are effective and efficient.
• Propose improvements to the existing financial management systems to reduce costs, enhance productivity, and increase profitability.
• Prepare monthly, quarterly, and annual financial statements and reports, including profit and loss accounts, balance sheets, and cash flow statements.
• Analyze financial data and provide insights to improve financial performance and cost efficiency in the manufacturing process.
• Ensure accurate recording and reporting of financial transactions in line with company policies and accounting standards.
• Assist in the preparation and management of the company’s annual budget.

Requirements

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
• A professional certification (ACCA, CPA, CIMA) is compulsory.
• 4 - 7 years of experience in a finance-related role, preferably in a manufacturing environment.
• Experience with financial software (SAP, QuickBooks, or ERP systems).
• Strong understanding of cost accounting, manufacturing processes, and financial reporting.

Salary
Competitive.