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Job details

Managerial Reporting Lead

Job Title:

Managerial Reporting Lead

Department:

Finance Department

Location:

Remote

Reports To:

Chief Financial Officer

Job Summary:

 

The Managerial Reporting Lead will oversee the preparation and delivery of managerial accounting and reporting across multiple projects within the group. This role involves leading a team, ensuring the accuracy and timeliness of reports, and developing a robust managerial accounting policy. Additionally, the Managerial Reporting Lead will drive the automation of managerial accounting processes and contribute to strategic decision-making by providing actionable financial insights.

Key Responsibilities:

 

1. Managerial Reporting

    •         Preparation of timely and accurate managerial reports for multiple projects and entities within the group.

    •         Ensure reports are tailored to meet the needs of key stakeholders, including senior management and project leads.

    •         Monitor intercompany transactions to ensure proper allocation in managerial reporting.

    •         Coordinate with statutory accounting teams to ensure alignment between statutory and managerial reporting.

    •         Develop ad hoc reports and analyses as requested by senior management.

    •         Drive continuous improvement initiatives to enhance the quality and efficiency of reporting.

 

 

 

2. Managerial Accounting Policy Development

    •         Establish and maintain a comprehensive managerial accounting policy that aligns with the company’s objectives.

    •         Regularly review and update policies to reflect changes in business operations, projects, or external requirements.

    •         Standardize reporting formats and processes across all projects and entities.

    •         Implement internal controls to ensure the accuracy and integrity of managerial accounting data.

 

3. Team Leadership and Development

    •         Lead, mentor, and develop a team of managerial accountants to ensure high performance and professional growth.

    •         Allocate resources effectively to meet reporting deadlines and improve efficiency.

    •         Foster a culture of accuracy, accountability, and continuous improvement within the team.

    •         Provide training to team members and stakeholders on managerial accounting concepts and tools.

 

4. Automation and Process Improvement

    •         Collaborate with IT and relevant departments to identify and implement automation solutions for managerial accounting processes.

    •         Streamline workflows to reduce manual efforts and improve the speed and accuracy of reporting.

    •         Evaluate and integrate financial reporting tools, dashboards, and systems to enhance efficiency.

 

 

Key Qualifications and Skills:

 

Education & Certification

    •         Bachelor’s or Master’s degree in Finance, Accounting, Economics, or a related field.

    •         ACCA, CMA, or equivalent professional qualification (preferred).

 

Experience

    •         Minimum 5-7 years of experience in managerial accounting and reporting, with at least 2 years in a leadership role.

    •         Proven experience in developing managerial accounting policies and overseeing reporting for complex projects or business units.

    •         Hands-on experience with financial automation tools or ERP systems.

 

Skills

    •         Strong knowledge of managerial accounting principles and practices.

    •         Advanced analytical skills with the ability to translate financial data into actionable insights.

    •         Excellent leadership, organizational, and communication skills.

    •         High proficiency in Excel and financial analysis.

 

Languages

               •      English - Intermediate; knowledge of other relevant languages is an advantage

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What You Should Know About Managerial Reporting Lead, toogeza

Are you ready to take your career to the next level as a Managerial Reporting Lead with a dynamic finance department in Limassol? In this exciting role, you'll be at the forefront of managerial reporting, overseeing the preparation and delivery of accounting reports across multiple projects within the group. You'll lead a talented team responsible for ensuring the accuracy and timeliness of these reports while developing a robust managerial accounting policy that aligns with our company's objectives. Your analytical skills will shine as you provide actionable financial insights to senior management and project leads. You will also have the opportunity to drive automation in managerial accounting processes, making a significant impact on how we operate. If you are passionate about mentoring and developing a high-performing team, this role is perfect for you. You'll foster a culture of accuracy and accountability while continuously looking for ways to improve reporting and ensure alignment with statutory accounts. With a minimum of 5-7 years of experience in managerial accounting, alongside strong leadership and organizational skills, you will thrive in this innovative environment. So if you're ready to make a meaningful contribution and grow your career in this pivotal position, we want to hear from you!

Frequently Asked Questions (FAQs) for Managerial Reporting Lead Role at toogeza
What are the main responsibilities of the Managerial Reporting Lead at the finance department?

The Managerial Reporting Lead at our finance department in Limassol is responsible for preparing timely and accurate managerial reports across various projects. This role includes ensuring that reports meet the stakeholders' needs, monitoring intercompany transactions, and developing ad hoc reports for senior management. Furthermore, the Managerial Reporting Lead will implement continuous improvement initiatives to enhance reporting quality and efficiency.

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What qualifications are required for the Managerial Reporting Lead position?

To be considered for the Managerial Reporting Lead position in Limassol, candidates should possess a Bachelor's or Master's degree in Finance, Accounting, Economics, or a related field. Professional qualifications such as ACCA or CMA are preferred. Additionally, a minimum of 5-7 years of experience in managerial accounting and reporting, with 2 years in a leadership role, is required.

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What skills are essential for the Managerial Reporting Lead role?

The essential skills for a Managerial Reporting Lead at our finance department include strong knowledge of managerial accounting principles, advanced analytical abilities, and excellent leadership and communication skills. Proficiency in Excel and financial analysis is crucial, alongside hands-on experience with financial automation tools or ERP systems.

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How does the Managerial Reporting Lead contribute to strategic decision-making?

The Managerial Reporting Lead plays a critical role in strategic decision-making by providing actionable financial insights derived from managerial reports. This position ensures that senior management has access to reliable data, which aids in planning and evaluating various business strategies efficiently.

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What opportunities for team leadership does the Managerial Reporting Lead have?

As a Managerial Reporting Lead, you will have numerous opportunities to lead, mentor, and develop a team of managerial accountants. You will allocate resources effectively, foster a culture of accountability and improvement, and provide essential training on managerial accounting tools and concepts, contributing to your team's professional growth.

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Common Interview Questions for Managerial Reporting Lead
Can you describe your experience with managerial accounting and reporting?

In answering this question, provide a brief overview of your relevant experience, highlighting specific accomplishments and projects you managed. Emphasize your leadership roles and how they contributed to efficient reporting processes.

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How do you ensure accuracy in your managerial reports?

Discuss your processes for double-checking data, collaborating with team members, and implementing controls to ensure accuracy. Mention your dedication to quality and possible tools you use to enhance accuracy in reports.

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What strategies do you implement for continuous improvement in reporting processes?

You should outline methodologies you've used for process improvement, such as adopting new technologies, conducting training sessions, or soliciting feedback from stakeholders. Show your proactive approach to enhancing efficiency.

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How do you handle tight reporting deadlines?

Talk about your time management skills, your approach to prioritizing tasks, and how you motivate your team to meet deadlines while maintaining report quality. Provide an example of a time when you successfully met a deadline.

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What experience do you have in developing managerial accounting policies?

Detail specific policies you've developed in past roles, emphasizing your understanding of aligning these policies with organizational goals and complying with external requirements. Share a concrete example of implementation.

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Can you elaborate on your experience with financial reporting tools?

Discuss the financial reporting tools you're familiar with, including any advanced Excel techniques, dashboards, or ERP systems. Highlight how these tools helped you increase reporting efficiency or accuracy.

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How do you ensure alignment between statutory and managerial reporting?

Explain how you collaborate with statutory accounting teams, monitor intercompany transactions, and ensure consistent practices across both types of reporting. Share any past experiences that demonstrate your commitment to alignment.

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Describe a challenging reporting project you led. What was the outcome?

When answering, provide context about the project's challenges, how you approached them, and the outcome. Highlight your leadership role and the skills that were essential in overcoming obstacles.

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What techniques do you use to mentor and develop your team?

Share specific mentoring strategies you have employed, like regular feedback sessions, performance reviews, and growth opportunities. Emphasize how fostering a development culture has benefited your team.

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How do you translate financial data into actionable insights for senior management?

Discuss your analytical approach, including methods you use to draw clear conclusions from financial data. Share an example where your insights led to a significant decision or strategic change.

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Full-time, remote
DATE POSTED
January 27, 2025

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