Account Executive at Ascentech Services Limited

Description

Primary Duties and Responsibilities


Manage day-to-day accounting operations, including payroll, accounts payable, accounts receivable, and general ledger.

Ensure accurate and timely recording of financial transactions related to our manufacturing and sales activities in the ERP/SAP general ledger daily.

Prepare and analyze monthly and annual financial statements, including profit and loss accounts, balance sheets, and cash flow statements.

Coordinate with the production and sales departments to gather financial data and ensure accurate cost accounting and reporting.

Following up with the stakeholders to settle the IOU and update the ERP system.

Comply with relevant accounting standards, regulations, and company policies, implementing changes as required.

Collaborate with external auditors during audits, providing necessary documentation and support.

Assist in the development and implementation of accounting systems and procedures to enhance efficiency and accuracy.

Mentor and guide junior accounting staff, providing training, support, and performance feedback as needed.


Secondary Duties and Responsibilities:


Oversee inventory and cost accounting, understanding the financial impact of production processes and pricing strategies.

Assist in the preparation of annual budgets, forecasts, and financial plans, providing inputs based on manufacturing cost trends and sales projections.

Monitor and analyze budgetary control reports, identifying variances and implementing corrective actions.

Contribute to strategic decision-making with data-driven financial analysis and insights.


Requirements


Bachelor's Degree in Accounting, Finance, or a related field.

A professional certification such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is highly desirable.

Proven experience in a similar role, preferably in a manufacturing industry.

Excellent analytical skills with the ability to interpret complex financial data and provide insights.

Outstanding attention to detail, with a focus on maintaining data integrity.

Solid understanding of regulatory requirements and compliance in financial reporting.

Effective communication and interpersonal skills, with the ability to collaborate and build relationships across departments.

Proficiency in using accounting software and financial management systems. Experience with SAP or any ERP preferably Tally ERP

Demonstrated leadership qualities with the ability to mentor and develop junior team members.

Strong problem-solving skills and a proactive approach to identifying and resolving issues.

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