Finance Manager

JOB ROLE SUMMARY

The Finance Manager has overall responsibility and accountability for the organization's Accounting and Finance function.

The position manages the complete financial cycle of the organization, including accounting operations, financial reporting, budgeting and forecasting, cash-flow management, taxation and statutory compliance, audit, internal controls, financial analysis, and financial planning.

The role ensures that financial transactions and records are accurate, financial reports are timely and reliable, financial resources are properly managed, and appropriate controls are in place to safeguard the organization's assets.

The position serves as the organization's principal finance business partner to senior management, providing financial information, analysis, advice, and recommendations to support operational and strategic decision-making.

The position also leads, supervises, and develops the Accounting & Finance team and is accountable for the effectiveness, efficiency, and continuous improvement of the department.

KEY RESPONSIBILITIES

Manages the Accounting and Finance Department

• Plans, organizes, and supervises the work of Finance & Accounting personnel.
• Assigns responsibilities and monitors completion of work.
• Develops staff and ensures departmental objectives are achieved.

Oversees Accounting Operations

• Oversees general accounting, accounts payable, accounts receivable, billing, collections, fixed assets, inventory, and month-end/year-end closing.
• Ensures accounting records are accurate, complete, and properly supported.

Prepares and Reviews Financial Reports

• Reviews financial statements and management reports.
• Analyzes financial results and significant variances.
• Provides timely financial information to management.

Manages Budgeting and Forecasting

• Leads the annual budgeting process.
• Prepares financial forecasts and monitors actual results against budget.
• Recommends actions to address significant variances.

Manages Cash Flow and Working Capital

• Monitors cash balances, collections, payments, and working capital.
• Prepares cash-flow forecasts.
• Identifies and addresses potential liquidity issues.

Oversees Tax and Statutory Compliance

• Ensures timely and accurate tax and statutory reporting.
• Monitors compliance with applicable accounting, tax, and regulatory requirements.

Coordinates Audits

• Coordinates internal and external audits.
• Provides required financial records and information.
• Monitors and resolves audit findings.

Maintain Financial Controls

• Establishes and monitors internal financial controls.
• Ensures appropriate authorization, segregation of duties, and compliance with financial policies.
• Identifies and addresses financial risks and control weaknesses.

Provides Financial Analysis and Business Support

• Analyzes revenue, costs, profitability, cash flow, and financial performance.
• Provides financial advice and recommendations to management.
• Supports business planning and financial decision-making.

Improves Finance Processes and Systems

• Reviews and improves accounting and finance procedures.
• Ensures effective use of accounting and ERP systems.
• Identifies opportunities for automation and improved financial reporting.

Maintains Financial Policies and Procedures

• Develops and updates Finance & Accounting policies and procedures.
• Ensures employees follow established financial controls and processes.

Other Duties

• Represents the Finance & Accounting function in management meetings.
• Maintains confidentiality of financial information.
• Performs other related duties as assigned.

JOB QUALIFICATIONS:

• Bachelor’s degree in Finance, Accounting, Business Administration, Banking and Finance, Economics, or any other related degrees.
• Seven (7) to ten (10) years of relevant experience in treasury, finance, accounting, banking, cash management, or a closely related function.
• At least five (5) year of supervisory, coordination, or team-lead experience is preferred.
• Experience in managing the entire Accounting and Finance functions is strongly preferred.
• Knowledge in financial accounting principles, financial statement preparation, management accounting, budgeting and forecasting, financial analysis, cash flow management, etc.
• Ability to analyze complex financial information, identify significant financial trends and anomalies, detect accounting errors and control weaknesses, interpret financial information in a business context, prioritize competing financial deadlines, anticipate financial risks, etc.

PERSONAL CHARACTERISTICS

·        High integrity

·        Professional judgment

·        Accountability

·        Attention to detail

·        Confidentiality

·        Ethical conduct

·        Analytical thinking

·        Commercial awareness

·        Initiative

·        Leadership orientation

·        Reliability

·        Adaptability

·        Emotional stability when working under deadline pressure

·        Willingness to challenge financial assumptions when appropriate

·        Commitment to accuracy and continuous improvement