Job Description
Job DescriptionThe Finance Associate plays a vital role in supporting the finance department by maintaining accurate financial records, preparing comprehensive financial reports, and performing detailed reconciliations. This position assists with budgeting, forecasting, and ensuring strict adherence to internal financial controls and regulatory guidelines.
Collaborating closely with internal finance teams and cross-functional stakeholders, the Finance Associate ensures the timely execution of financial processes and delivers accurate, data-driven insights to support strategic business decision-making.
Responsibilities
1. Financial Reporting & AccountingDrive the accurate and timely preparation of monthly, quarterly, and annual financial statements and management reports.
Maintain pristine accounting records, ensuring all transactions are precisely classified and recorded.
Play a key role in executing smooth month-end, quarter-end, and year-end financial close processes.
Perform meticulous reconciliations across general ledger accounts, bank accounts, and intercompany balances.
2. Budgeting & Forecasting
Collaborate on the development of annual budgets and periodic rolling forecasts.
Monitor operational performance against approved budgets, tracking variances to identify cost-saving and optimization opportunities.
Prepare comprehensive budget variance reports, offering actionable insights and explanations for significant financial deviations.
3. Regulatory & Compliance Reporting
Facilitate the accurate and timely submission of statutory and regulatory returns.
Ensure strict adherence to applicable financial regulations, International Financial Reporting Standards (IFRS/GAAP), and internal policies.
Maintain audit-ready documentation and promptly escalate potential compliance discrepancies to leadership.
4. Tax Support
Assist the finance team with end-to-end tax compliance and reporting obligations.
Prepare accurate schedules, supporting documentation, and data required for corporate tax filings.
Maintain systematic records to streamline corporate tax reviews and audits.
5. Financial Analysis & Modeling
Conduct deep-dive financial analysis to drive data-driven business decisions and strategic planning.
Analyze complex financial data to spot emerging trends, spot cost variances, and deliver key business insights.
Build and refine financial models, presentations, and executive summaries for management review.
6. Audit & Internal Controls
Act as a key point of contact for internal and external auditors by supplying required schedules, documents, and reconciliations.
Strengthen internal financial controls and ensure operational processes strictly adhere to governance frameworks.
Identify control gaps, accounting discrepancies, or unusual transactions, implementing swift corrective measures.
7. Departmental Support & Operations
Streamline finance-related systems and processes, including the administration of the Expense Portal.
Maintain secure, organized digital and physical filing systems for all financial documentation.
Partner cross-functionally with other departments to resolve financial inquiries, streamline workflows, and support general organizational goals.
Requirements
Requirements & QualificationsEducation & Professional Certifications
Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
Professional certification (or active progression toward) ACA, ACCA, CIMA, or an equivalent qualification is a strong advantage.
Experience
Minimum Experience: 2 to 4 years of hands-on experience in finance, accounting, financial reporting, audit, or a related function.
Industry Preference: Prior experience within financial services, banking, investment, or capital markets will be an added advantage.
Technical & Functional Skills
Strong working knowledge of financial reporting standards, accounting principles, account reconciliations, budgeting, and financial controls.
Demonstrated experience supporting month-end and year-end close processes.
Fundamental understanding of tax compliance and regulatory reporting.
Strong analytical and numerical capabilities with an exceptional eye for detail.
Proficiency in Microsoft Excel and familiarity with modern accounting or ERP systems.
Ability to analyze complex financial data and prepare clear, comprehensive reports and schedules.
Soft Skills & Competencies
Excellent written and verbal communication, as well as interpersonal skills.
Ability to collaborate effectively within a cross-functional team and consistently meet tight reporting deadlines.
Uncompromising standards of integrity, accuracy, accountability, and confidentiality regarding sensitive financial data.
