Vacancy: Finance Manager

Date 13 Sep 2021
Job Type Full-time
Industry Security
Description


Job Description



  • Reports To : Chief Executive Officer

  • Direct Reports: Finance Officers

  • General Working Conditions:   Standard working conditions

  • Location: Head Office



 


Job Objective(s)



  • To coordinate the activities of …….. Financial Reporting in line with IFRS, BOG guidelines and the company’s policies and best practices.

  • To provide timely and accurate financial information to meet the decision needs of various stakeholders in an efficient and effective manner.



Responsibilities


Strategic/Financial



  • Drive and provide insightful finance view to the CEO and management on delivering the target performance based on current budget/forecast through providing value-added financial inputs to business strategy.

  • Manage, prepare and review accounting procedures for new products/issues.

  • Maintain strong internal controls and processes extending to assurance of accuracy of reconciliation of accounts, compliance with auditing and regulatory requirements.

  • Manage departments and intercompany cost allocations and reporting.

  • Develop and implement control measures and monitoring plans for cost control and operational risk management.

  • Ensure compliance to …….. policies i.e. Financial Control Policies and other regulatory accounting guidelines/ requirements at all times.



Customer



  • Liaise with External Auditors to guide with clearance of the financial statements.

  • Participate in periodic meetings of Management, etc.



Operations



  • Prepare financial statements for ……… in accordance with IFRS standards, extending to all supporting financial calculations and note disclosures.

  • Perform account analysis, comparisons to budget and variance explanations for senior management.

  • Prepare periodic Budget, Balance Sheet and Profit & Loss forecast.

  • Ensure timely and accurate presentation of regular and ad-hoc financial analysis and performance management information for CEO’s attention.

  • Provide monthly management reports and analysis of business operations, products and customer profitability analysis.

  • Supervise the maintenance, reconciliation and budgeting of the company’s Fixed Assets records and project cost accounting.

  • Ensure accuracy and integrity of trial balance in accordance with the company’s Accounting Policy, IFRS, and local accounting standards supported with daily/monthly trial balance review substantiation and/or documentation.

  • Manage the preparation and submission of revenue-related reports. 

  • Ensure appropriate structures and documented internal controls and procedures are enabled. Assess, review and monitor operations of select procedures and controls regularly; and ensure adaptation of changes in products, systems, policy and regulations.

  • Provide recommendations for improvements and modifications to the MIS reports and production process.

  • Supervise and coordinate the finance department team members on an ongoing basis on their various tasks.



Reports



  • Annual Account/Report

  • Management Accounts

  • Management Dash Boards and Board Reports



Key Performance Indicators



  • Average Time To Close Monthly Books 

  • Timely production of financial performance dashboard

  • Frequency and amount of unreconciled items 

  • Prompt availability of all audit schedules 

  • Payables and Receivables Cycle Efficiency 

  • Timely, optimal and accurate financial reporting



Organisational Competencies




  • Professional Attributes

  • Business Knowledge

  • Personal Attributes 

  • Leadership Skills​



Functional Competencies




  • FABL Financial Policies

  • Financial Analysis/ Interpretation

  • Cost Accounting

  • Management Accounting

  • Budgeting & Forecasting

  • Tax Management

  • Fixed Assets / Capital Accounting

  • Reconciliations 




Required Skills or Experience



  • A University degree in Accounting/Finance or other related disciplines.

  • Post-graduate and/or professional qualification is an advantage.

  • Minimum of 7 years working experience with at least 2 years in supervisory level.





How To Apply





Note



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