2 months ago

Job Summary

The Finance manager will manage funds in such a manner as to maximise return while minimising risk, and ensure that an adequate control structure is in place. Further, the Finance Manager will engage in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance

  • Minimum Qualification:Bachelor
  • Experience Level:Senior level
  • Experience Length:7 years

Job Description/Requirements


Title:  Finance manager

Department: Finance

Reports to: Head of Department

Reporting Line: International


Job Summary:

The Finance manager will manage funds in such a manner as to maximise return while minimising risk, and ensure that an adequate control structure is in place. Further, the Finance Manager will engage in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance


Key Duties and Responsibilities:

Financial Analysis, Reporting &Auditing

  • Maintain a documented system of accounting policies and procedures including updating and implementing all necessary finance policies and accounting practices in consultation with the Head of Department.
  • Regularly analyse and present financial reports in an accurate and timely manner; clearly communicate periodic and annual financial statements.
  • Coordinate and lead the annual audit process, liaising with external auditors in consultation with the Head of Department.
  • Engage in ongoing cost reduction analyses in all areas of the company.
  • Assist in the determination of pricing in relation to services and features offered and competitor pricing.
  • Review the performance of competitors and report on key issues to management. 
  • Engage in benchmarking studies to establish areas of potential operational improvement
  • Interpret the company's financial results to management and recommend areas of improvement.
  • Review company bottlenecks and recommend changes to improve the overall level of company throughput.
  • Participate in target costing activities to help create plans to meet predetermined pricing goals
  • Assist in the determination of pricing in relation to services and features offered and competitor pricing.
  • Create custom additional analyses and reports as requested by management.


Budgeting & Monitoring

  • Oversee and lead annual budgeting and planning process in conjunction with the Head of Department and Heads of Departments.
  • Review all financial plans and budgets; monitor progress and changes and keep the Head of Department abreast of the organization's financial status.
  • Assist management in the formulation of its overall strategic direction.
  • Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis.


Cash flow & Risk Management

  • The incumbent will manage company cash flow and forecasting to ensure sufficient funds are available to meet ongoing operational and capital investment requirements
  • Use financial tools and resources to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions.
  • Maintain excellent banking relationships.
  • Assist in determining the company's proper capital structure.
  • Assist in arranging for debt financing with appropriate financial institutions.


Essential Qualifications and Experience

  • Bachelor's degree in commerce, Business Administration, Finance or Accounting
  • Professional Certification; - Certified Public Accountant or Certified Management Accountant certifications,
  • MBA in Accounting and/ or Finance will be an added advantage.
  • 7+ years of progressively responsible experience from a major company or division of a large organization.
  • Computer software such SAP as a must
  • Experience working with mult-national reporting lines, FMCGs as well as manufacturing and production plant.


Skills Set and competences:

  • High level of Integrity and ability to maintain strictest confidentiality.
  • Excellent communication and Influencing skills particularly in regard to presenting the financial results and analyses to management.
  • Excellent knowledge of GA AP, IFRS and financial accounting procedures.
  • Should have an outstanding knowledge of electronic spreadsheets and a good understanding of utilizing financial IT solution platforms.
  • Excellent analytical and problem-solving skills.
  • Must be a critical thinker
  • Excellent self-management skills and the proven ability to meet targets and deadlines.



How to apply.

All applications will be received and Reviewed through Brightermonday Portal by Clicking on the 'Apply Now ' section




Important Safety Tips

  • Do not make any payment without confirming with the BrighterMonday Customer Support Team.
  • If you think this advert is not genuine, please report it via the Report Job link below.
Report Job

Share Job Post

Stay Updated

Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

We care about the protection of your data. Read our privacy policy.

loading...

Stay Updated

Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

We care about the protection of your data. Read our privacy policy.

This action will pause all job alerts. Are you sure?

Cancel Proceed
Follow us On:
Follow us on FacebookFollow us on InstagramFollow us on LinkedInFollow us on TwitterFollow us on YouTube
Get it on Google Play
2022 BrighterMonday