Finance Manager

Job Responsibilities:

1.      Strategic Financial Management:

·       Develop and implement financial strategies aligned with the company’s goals.

·       Provide financial advice and insights to support business decision-making and growth initiatives.

2.      Financial Planning and Budgeting:

·       Oversee the preparation of annual budgets, financial forecasts, and variance analyses.

·       Monitor budget performanceand ensure adherence to financial plans.

3.      Financial Reporting:

·       Prepare and present accurate monthly, quarterly, and annual financial statements.

·       Ensure compliance with accounting standards and regulatory requirements.

4.      Cost Control and Analysis:

·       Analyze manufacturing costs, including raw materials, labor, and overhead, to identify cost-saving opportunities.

·       Monitor production costs and margins, ensuring alignment with business targets.

5.      Taxation and Compliance:

·       Ensure accurate and timely submission of tax filings (e.g., SST/GST, corporate tax, withholding tax).

·       Maintain compliance with all financial regulations and food industry standards.

6.      Cash Flow and Treasury Management:

·       Manage cash flow to ensure sufficient liquidity for operations and investments.

·       Oversee banking relationships, negotiate financing terms, and optimize funding structures.

7.      Internal Controls and Risk Management:

·       Develop and maintain robust internal control systems to safeguard company assets.

·       Identify financial risks and implement mitigation strategies.

8.      Team Leadership:

·       Lead and mentor the finance team, fostering professional growth and development.

·       Delegate responsibilities effectively while maintaining oversight of financial operations.

9.      Audit and External Liaison:

·       Coordinate and oversee internal and external audits, ensuring timely resolution of issues.

·       Serve as the primary contact for auditors, tax authorities, and financial institutions.

10.  System Optimization:

·       Oversee the implementation and maintenance of accounting systems and software.

·       Drive process improvements and enhance financial reporting accuracy and efficiency.

Qualifications and Requirements:

·       Education:

o   Bachelor’s degree in Accounting, Finance, or a related field.

o   Professional certifications such as ACCA, CPA, or CIMA are highly preferred.

·       Experience:

o   Minimum 8-10 years of experience in accounting and finance, with at least 3 years in a managerial role.

o   Prior experience in the food manufacturing or FMCG industry is a strong advantage.

·       Skills:

o   In-depth knowledge of accounting principles, tax regulations, and financial reporting standards.

o   Proficiency in Accounting systems and advanced Microsoft Excel skills.

o   Strong analytical and problem-solving capabilities.

o   Excellent leadership, communication, and interpersonal skills.

·       Additional Requirements:

o   Demonstrated ability to manage budgets, forecasts, and financial planning processes.

o   Familiarity with manufacturing costing and inventory management.

o   Ability to work under pressure and meet tight deadlines.