Accounting Manager
Full-time
Elsewedy industries
Job Description
Key Responsibilities of an Accounting Manager in a Fashion Company:
- Financial Reporting and Analysis:
- Overseeing the accurate and timely preparation of financial statements (income statements, balance sheets, cash flow statements).
- Analyzing financial data to identify trends, risks, and opportunities, providing insights to guide strategic decisions.
- Preparing and presenting regular financial reports to management and stakeholders.
- Budgeting and Forecasting:
- Managing budgets, monitoring organizational spending, and assisting other managers in creating effective budgets.
- Developing and maintaining financial forecasts, including sales forecasting, considering market trends and industry-specific factors.
- Monitoring budget adherence and adjusting as needed.
- Cash Flow Management:
- Overseeing cash flow, ensuring sufficient liquidity to meet obligations.
- Managing fund transfers and optimizing the use of cash reserves.
- Conducting bank reconciliations and developing cash flow projections.
- Inventory and Cost Management:
- Playing a vital role in tracking inventory levels, calculating production costs, and analyzing cost-efficiency.
- Helping implement cost-effective practices and pricing strategies to enhance profitability, which is crucial in the fashion industry due to product lifecycles and material costs.
- General Ledger and Accounting Operations:
- Maintaining the integrity of the general ledger, supervising entries, and ensuring accuracy and compliance with accounting principles.
- Overseeing day-to-day operations of the accounting department, including payroll, accounts payable, and accounts receivable.
Job Requirements
- Education: A bachelor's degree in accounting or finance is essential
- Experience: 5+ years of progressive accounting experience , including management roles, is typically required. Crucially, experience within the fashion, apparel, retail, or distribution industries is highly valued due to their unique financial challenges.
- Soft Skills: Excellent leadership, analytical, problem-solving, and communication skills , along with meticulous attention to detail, strong organizational abilities, and a proactive, adaptable mindset.
Vacancy posted 24 days ago
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