GM - Finance

General Purpose of the Job:

• Providing and interpreting financial information
• Monitoring and interpreting cash flows and predicting future trends
• Analysing change and advising accordingly
• Formulating strategic and long-term business plans
• Researching and reporting on factors influencing business performance
• Developing financial management mechanisms that minimise financial risk
• Conducting reviews and evaluations for cost-reduction opportunities
• Managing a company's financial accounting, monitoring and reporting systems

Job Duties & Responsibilities:

Financial accounting and reporting

• Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
• Ensure that all statutory requirements of the organization are met including Income Tax, Service tax, etc.
• Prepare all supporting information for the annual audit and liaise with the external auditors as necessary
• Document and maintain complete and accurate supporting information for all financial transactions
• Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash
• Reconcile bank and investment accounts
• Review monthly results and implement monthly variance reporting
• Manage the cash flow and prepare cash flow forecasts in accordance with policy
• Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll
• Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation
• Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
• Assist the Board of Directors with financial reporting as required at Board meeting and the Annual General Meetings

Payroll preparation and administration

• Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner
• Negotiate and manage the employee insurance and benefits plans
• Process and submit statutory and benefits remittances on time

Budget preparation

• Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the Directors and/or Finance Committee
• Assist Project Managers with the preparation of budgets for funding applications

Project management accounting

• Maintain financial records for each project in a manner that facilitates management reports
• Ensure that accurate and timely financial statements are prepared in accordance with contract agreements with funders
• Provide accurate and timely reporting on the financial activity of individual projects

Information technology

• Evaluate the need for new technology to meet the organization's financial data processing, control, and reporting requirements
• Advise on appropriate technology that meets the organization's information requirements and financial resources

Risk management

• Monitor risk management policies and procedures to ensure that organizational risks are minimized
• Advise the organization's leadership on appropriate insurance coverage for the organization and the Board of Directors
• Maximize income where possible and appropriate
• Negotiate with Bank for lines of credit or other financial services as required and appropriate

Office administration

• Oversee and supervise the administrative function of the organization including reception, property/facility management, safety of the work environment, and provision of furnishings and equipment necessary for effective operations
• Oversee the management of all leases, contracts and other financial commitments

Professional skills

• Knowledge of the basics of finance, budgeting and allocation of funds
• Computer savvy-Knowledge of MIS and basic computer skills
• Knowledge of the health care industry
• Knowledge of the complete running of a diagnostic center business (process, discharge), products offered by the Company and medical technology.

Behavioral skills

• Target and result orientation
• Business acumen
• Analytic ability and logical reasoning
• Problem solving and decision making ability
• Managing People/Team
• Creativity and out of box thinking
• Leadership qualities
• Customer/Service Orientation Cost consciousness
• Convincing and negotiation skills
• Communication skills (quantum and quality)
• Networking and Public relations skills
• Integrity and ethical in dealings
• Passion for Excellence
• Results Orientation
• Coaching Empowerment & Team Development
• Communication Skills
• Customer Focus
• Risk Taking
• Integrity & Ethics
• Building Relationships & Partnerships
• Strategic Thinking & Execution
• Planning & Organizing
• Negotiation