Job Description

The Finance Manager will manage funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. Further, the Finance Manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance

Management

1. Maintain a documented system of accounting policies and procedures in line with the best practices.
2. Manage all functions in Finance and Accounting
3. Oversee the operations of the Accounts and treasury Team, including the design of an organizational structure adequate for achieving the department's goals and objectives

Funds Management

1. Forecast cash flow positions, related borrowing needs, and available funds for investment
2. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
3. Maintain banking relationships
4. Assist in determining the company's proper capital structure
5. Arrange for equity and debt financing
6. Invest funds
7. Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

Budgeting

1. Manage the preparation of the company's budget
2. Report to management on variances from the established budget, and the reasons for those variances
3. Assist management in the formulation of its overall strategic direction

Financial Analysis

1. Engage in ongoing cost reduction analyses in all areas of the company
2. Interpret the company's financial results to management and recommend improvement activities
3. Review company bottlenecks and recommend changes to improve the overall level of company throughput
4. Compile key business metrics and report on them to management
5. Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
6. Create additional analyses and reports as requested by management

Additional Accountabilities

1. Oversee the extension of credit to customers
2. Manage Retail Finances and Stock

Required Skills or Experience

• A good first degree in accounting or finance from a recognized institution
• A Chartered Accountant
• A minimum of 5 years working experience with at least 2 of these 5 years as Manager in a multi-national company,  a Reputable Local Company, a major company or a division of a large Corporation.
• Experience in a manufacturing sector will be an advantage.

SKILLS

• Good oral and written communication skills
• Self-Motivation
• Commercial Awareness
•  Initiative and the ability to lead a team.
• Excellent problem-solving, Analytical, Technical And Numerical Abilities