The Accounting Department Manager oversees the daily operations of the accounting function, ensuring accurate financial reporting, compliance with regulations, and effective management of the accounting team. They act as a bridge between accounting staff and senior management.

Key Responsibilities

Financial Management & Reporting

• Oversee preparation of financial statements (monthly, quarterly, annual)

• Ensure accuracy of general ledger, journal entries, and reconciliations

• Review and approve balance sheets, income statements, and cash flow reports

• Monitor financial performance and analyze variances

Compliance & Controls

• Ensure compliance with accounting standards (GAAP/IFRS) and local regulations

• Oversee tax preparation, filings, and audits

• Maintain and strengthen internal controls to prevent errors and fraud

• Coordinate with external auditors and regulatory bodies

Team Leadership & Supervision

• Manage, train, and evaluate accounting staff

• Assign tasks and ensure deadlines are met

• Develop team skills and improve workflow efficiency

• Foster a culture of accuracy, accountability, and continuous improvement

Budgeting & Planning

• Lead budgeting and forecasting processes

• Monitor expenses and control costs

• Provide financial insights to support strategic decisions

• Assist senior management with long-term financial planning

Systems & Process Improvement

• Oversee accounting systems and ERP software

• Improve accounting processes for efficiency and accuracy

• Implement new accounting policies, tools, or procedures

• Ensure proper documentation of accounting processes

Cross-Department Collaboration

• Work closely with finance, operations, HR, and procurement

• Support management with financial data and analysis

• Communicate financial results clearly to non-financial stakeholders