Description

• Prepare and coordinate the preparation of financial statements, management reports, financial reports, statutory reports, Financial Services Council Report, monthly scorecards, sales reports, special data analysis, and ad-hoc information reports to enable decision making.
• Analyze cash flow, cost controls, and expenses to guide managers as well as analyze financial statements to pinpoint potential weak areas.
• Coordinate the preparation of budgets and variance reports by business units and departments and ensure that all cost center managers are engaged within agreed time frames.
• Analyze financial results on a monthly basis and summarize them so as to enable the Business Unit Management Team to take timely and appropriate actions.
• Prepare or oversee the preparation of monthly Group and Management reports including Balance Sheet, Income Statement and interdivisional schedule by extracting Balance Sheet and Income Statement from ERP system to enable reporting in the prescribed format.
• Create excel based financial models or utilize tools available for all financial reporting requirements and build a database of accurate financial and non-financial information which can be used to extract historical financial information.
• Support the Management Team to understand their financial and management accounts, expenditure allocation, transfer pricing on their profit and loss accounts and how to conduct financial planning and forecasting.
• Oversee the accounting functions, including the design of an organizational structure adequate for achieving the department’s goals and objectives.
• Provide input to group Finance and the Cluster Chief Financial Officer during the development or update of financial policies, procedures, standards and governance with a focus on improving these frameworks to make it easier for departments to comply with requirements and improved efficiency.
• Provide timely and accurate financial reporting and analysis of budgets, forecasts, actuals and trends, ensuring that the reporting deadlines are met.
• Proactive approach, being able to monitor and anticipate the financial performance of the company throughout the month, addressing potential deviations against the budgeted result.
• Evaluate, assess and advise on new business projects, programs and strategies.
• Establish critical key performance indicators.
• Improve working capital along with the Ops team.
• Establish controls and oversee compliance, liaise with external auditors.
• Secure the funding of new capital expenditure projects following Group guidelines.
• Ensure that processes, control requirements and risk management frameworks that impact the management accounting area are documented and understood by all members of the team.
• Communicate financial policies, procedures, standards and guidelines to the business unit management team.
• Maintain banking relationships.
• Ensure that the business unit complies with governance and budgetary reporting requirements by always keeping abreast with new governance and policy developments.
• Communicate financial policies, procedures, standards and guidelines to the business unit management team.
• Conforms with all regulations, policies, work procedures, and instructions
• Other related job tasks or responsibilities as assigned

Requirements

MINIMUM EDUCATION: BA/BS in Accounting or Business related field.

PREFERRED EDUCATION: MFA or MBA with concentration in Finance or Accounting 

MINIMUM EXPERIENCE: 10 years of progressively responsible experience in a major company or division of a large corporation.

REQUIRED CERTIFICATIONS/LICENSURE: CPA or CMA