Financial Records Management: Maintain accurate and up-to-date financial records, including ledgers, journals, and accounting software systems. Record financial transactions, such as purchases, sales, expenses, and revenue, in accordance with accounting principles and organizational policies. Budgeting and Forecasting: Assist in the preparation of annual budgets, financial forecasts, and cash flow projections based on historical data and future business plans. Monitor budget performance, analyze variances, and provide recommendations to management for cost control and financial optimization. Financial Reporting: Prepare periodic financial statements, including balance sheets, income statements, and cash flow statements, to communicate the financial position and performance of the organization. Ensure compliance with accounting standards, regulatory requirements, and reporting deadlines in the preparation of financial reports. Tax Compliance and Reporting: Calculate and prepare tax returns, including income tax, VAT/GST, and payroll taxes, ensuring accuracy and compliance with tax laws and regulations. Maintain tax records, documentation, and supporting schedules for audits, inspections, and compliance reviews by tax authorities. Audit Support and Documentation: Facilitate internal and external audits by providing requested documentation, explanations, and reconciliations of financial data. Implement audit recommendations, corrective actions, and process improvements to strengthen internal controls and mitigate financial risks. Financial Analysis and Decision Support: Analyze financial data, trends, and performance metrics to identify opportunities for cost reduction, revenue enhancement, and operational efficiency. Provide financial insights, forecasts, and scenario analyses to support strategic decision-making by management and stakeholders. Accounts Payable and Receivable: Manage accounts payable functions, including invoice processing, vendor payments, and expense reimbursements, ensuring accuracy and timeliness of payments. Monitor accounts receivable balances, follow up on overdue invoices, and coordinate collections efforts to maintain positive cash flow and minimize bad debts. Payroll Processing: Administer payroll processes, including employee salary calculations, tax withholdings, benefit deductions, and payroll disbursements, in compliance with labor laws and payroll regulations. Prepare payroll reports, tax filings, and employee earnings statements for distribution and record-keeping purposes. Financial System Administration: Maintain and update accounting software systems, chart of accounts, and financial databases to support accurate and efficient financial operations. Train staff members on accounting procedures, software usage, and financial reporting standards to ensure consistent data entry and compliance with internal controls. Financial Planning and Strategy: Participate in strategic planning initiatives, business development projects, and investment evaluations by providing financial analysis, risk assessments, and scenario modeling. Collaborate with senior management, department heads, and external stakeholders to align financial objectives with organizational goals and strategic priorities.