Finance Manager

RESPONSIBILITIES

  • Manage and coordinate the financial functions and team ensuring respective financial and accounting tasks are concluded within set timelines, providing and interpreting financial reports
  • Ensure timely and accurate, weekly, monthly, quarterly and annual reporting.
  • Monitor, review and assess financial performance.
  • Ensure timely generation of monthly management accounts and yearly financial reports for external audit as requested.
  • In charge of all internal controlling aspects and financial processes to ensure business integrity
  • Explore and evaluate options and implement initiatives to continually improve finance performance
  • Responsible for timely collection of receivables and for payables
  • Monitoring the depots/branches and randomly checking on compliance of sales processes and policies.
  • Management of all company assets; fixed and movable, including fleet and fixed assets management, ensuring replacement of such assets as vehicles within acceptable time lines
  • Review and approval all LPOs, payables and costings, making changes as necessary
  • Ensure tax compliance and statutory payments, and remittance within set time frames
  • Monitor expenditures, analyze revenues and determine budget variances and report the same to management. Propose and implement corrective actions aiming to achieve and exceed approved targets.
  • Monitor and review credit control limits, trade discounts, monthly debtors listing and collections
  • Monitoring of profit margins for all product types, ensuring delivery of decent profit margins on all products.
  • Conduct reviews and evaluations for cost reduction opportunities
  • Develop financial management mechanisms (including controls) that continuously minimize financial risks and fraud
  • Any other duties that may be delegated from time to time

REQUIREMENTS

  • Bachelor’s Degree in Finance/Accounting or a related field of study.
  • Knowledge of generally accepted accounting principles
  • 3 years of experience as a Finance Manager
  • Good knowledge of the country’s tax system
  • Good managerial skills.