What is a General Accounting Department Manager doing? Job description and responsibilities

What does a General Accounting Department Manager do?

The General Accounting Department Manager is responsible for overseeing day-to-day operations of the accounting and finance departments, as well as providing leadership, guidance and direction to staff. The ideal candidate will have a strong knowledge of financial principles, accounting procedures and internal control systems. The General Accounting Department Manager will also be expected to develop and implement strategies to maximize efficiency and cost savings and ensure accuracy and integrity of financial data. This position offers the opportunity to work in a fast-paced and dynamic environment and to make a meaningful contribution to the organization's success.

Responsibilities of General Accounting Department Manager

1. Develop and manage accounting policies and procedures in accordance with local and international standards.
2. Oversee the day-to-day operations of the general accounting department.
3. Monitor and analyze financial statements, reports and records.
4. Ensure proper maintenance and reconciliation of general ledger accounts.
5. Ensure timely and accurate monthly, quarterly and yearly financial closing.
6. Prepare and review budget and financial forecasts.
7. Supervise and evaluate accounting staff.
8. Develop and maintain internal control systems and ensure compliance.
9. Develop and implement strategies to improve accuracy and timeliness of financial reporting.
10. Collaborate with other departments and serve as a key business partner.