Jobs at:A Private Company
Deadline of this Job:
13 October 2021
Date Posted: Tuesday, September 14, 2021 , Base Salary: Not Disclosed
Job title: Finance Manager
• Reports To : Chief Executive Officer
• Direct Reports: Finance Officers
• General Working Conditions: Standard working conditions
• Location: Head Office
• 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.
• 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.
• Liaise with External Auditors to guide with clearance of the financial statements.
• Participate in periodic meetings of Management, etc.
• 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.
• 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
• Professional Attributes
• Business Knowledge
• Personal Attributes
• Leadership Skills
• FABL Financial Policies
• Financial Analysis/ Interpretation
• Cost Accounting
• Management Accounting
• Budgeting & Forecasting
• Tax Management
• Fixed Assets / Capital Accounting
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
Work Hours: 8
Experience in Months: 84
Level of Education: Bachelor Degree
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