Assistant Manager - Finance

Assistant Manager – Finance

(Based at Matrix - Thulhiriya)

MAS Matrix is a diversified flat-knit apparel manufacturing facility under MAS Holdings. Matrix houses 1000 Stoll flatbed machines offerings athleisure wear, performance wear, essentials and knit components for global brands such as Nike, Decathlon, Gymshark, Lacoste, Victoria's Secret and Stoko. Changing business dynamics prompted Matrix to explore innovative product solutions that go beyond the traditional realm of sweaters, launching its latest product platform, MVTM, a collection of highly functional, versatile, and fashion-forward designs

We are actively seeking an individual Overall Responsibility to Supervising & reviewing Management Accounting, Financial Accounting & Purchasing functions to ensure efficient & effective functioning. Overall responsibility for Tax related tasks including income tax, Transfer pricing, Ensure implementation and compliance to relevant accounting policies & procedures
 

KEY RESPONSIBILITIES:

• Monitor and review the progress of the team to ensure timely & accurate finalization of the monthly and year end financials, ensuring conformance to reporting and procedural standards.
• Coordinate with external auditors, prepare the consolidated for lead the team to ensure timely and effective completion of year end audit process to meet regulatory and statutory requirements.
• Maintain quality and hygiene of Financial reports  by directing the team on reviewing and following up of the clarity of General Ledger accounts.
• Direct and monitor the team on reviewing, reconciling and clearing up of long outstanding balances all the balance Sheet accounts while ensure adherence to group accounting policies and procedures.                
• Ensure all tax related activities are performed accurately and timely, Income tax, Transfer pricing, SVAT (Simplified Value Added Tax) and VAT (Value-Added Tax). 
• Finalize annual income tax return & transfer pricing filing with Tax Consultants. 
• Monitor and assess all Accounts payable and Accounts receivable functions to ensure effective and efficient collections and settlements and adherence to group policies and procedures. 
• Review and provide feedback and follow up on the service levels of Legato to ensure smooth functioning of outsourced sub functions. 
• Monitor & review to ensure conformance to statutory requirements including BOI (Board of Investments) , IRD (Inland Revenue Department) and Central Bank.
• Lead the team to provide the required information and financial analysis to stakeholders in relation to product profitability, Customer profitability, pre & post costing information.
• Monitor and review the team in effectively conducting timely and accurate preparation of budgets, review conduct of budgetary controls including variance analysis, timely cost center reviews to drive achievement of budgets.
• Implement and establish financial controls and procedures to including ERP system controls.
• Monitor and Direct the team to ensure availability of reliable management information required on routine and adhoc basis for management decision making.
• Drive Turnaround SG&A (Selling, General, and Administrative expenses) savings initiatives  as the Value Stream Lead.  Lead idea generation sessions, follow up and monitor the progress of savings initiatives to ensure savings realization. Financial verification of SG&A savings.

KNOWLEDGE AND SKILLS

• ICASL, ACCA or CIMA fully qualified. 
• Bachelor’s degree in Finance, Accounting, or related field.
• Minimum 4–6 years of experience in a finance or accounting role
• At least 2 years in a supervisory or assistant manager capacity
• Experience in multinational or large-scale organizations preferred
• Proven track record in monthly closures, audit coordination, and financial analysis.