Finance Manager at Frank Management Consult Ltd-how to apply!

• In order to guarantee the accomplishment of the organization’s financial objectives, controls, and financial stability, the finance manager’s main duty is to develop and implement a financial strategy, policies, and processes, as well as a framework for financial controls.
  The FM will guarantee compliance with relevant laws and regulations as well as the efficient implementation and operation of internal controls. Accounting and General Ledger,
• Financial/Management/Regulatory reporting, Forecast and Budgeting, Accounts Payable and Receivable, Annual/periodic audit facilitations, Taxation, Finance systems, and Treasury are just a few of the Finance functions that the incumbent will be overseeing. The CEO is the person to whom this position reports, and the employee is expected to follow all applicable organizational policies and procedures.

Duties & Responsibilities

• As member of senior management, FM shall assist the CEO and the Board of Directors (BoD) in: (a) providing strategic direction to the organization through strategy formulation, decision making, forecast/budgeting and its implementation/monitoring (b) establishing and implementing internal controls and ensuring efficient and effective financial operations as per the organization standards.
• Ensure that Financial and Accounting policies & procedures are in accordance with statutory regulations and other standards and complying with risk management and internal controls.
• Take charge of Finance, Accounts and Taxation matters. Ensure that all accounting records are properly and timely maintained, reporting cycles and other associated engagements are successfully performed in an effective and timely manner in accordance with the regulatory and organizational requirements.
• Approve: a. Periodic Financial Statements and monthly internal reports. b. Financial Accounting System including Chart of Accounts and Account Codes. c. All payments exceeding set materiality. d. Payroll summary.
• Finalize annual financial statements/ periodic financial statements (where required), get them audited from External Auditors and place them before Board of Directors for consideration and approval.
• Prepare financial projections and budgets in line with business plan and get these approved from senior management and the Board of Directors
• Ensure implementation of proper accounting system for bookkeeping, operational support/MIS as per best industry practices.
• Ensuring maintaining effective relationship and co-ordination with key stakeholders including related entities, government bodies.
• Assist in training & resource development initiatives focusing on knowledge, skills and attitudes for building capacities to deliver on present positions and build long term capability to shoulder additional responsibilities.
• Assist in implementing performance Management system to recognize and reward good performance and promote a culture of accountability and merit.
• Creating business value through technology, ensuring the tech systems and procedures lead to outcomes in line with organization goals. Ensuring availability of timely and reliable information in the organization through technology/digital platforms
• Develop and administer the following activities for the company
•   Financial reports both internal and external
•  Financial policies, procedures, and systems
•   Reimbursement strategies, reports and appeals
• Budgeting systems for both operating and capital budgets
•   Tax returns and tax planning
•   Financial analysis of new programs, acquisitions and business development.
•  Disbursements (payroll and accounts payable) processing.
• Ensure compliance with covenants incorporated in financing documents with banks / Govt.
• Negotiate contracts and agreements with third parties for organization commercial benefits.
• Plan, assign and review work of staff to ensure that group objectives are met. Hire, train, develop and manage Finance Department staff to ensure that a qualified staff exists to meet GIL objectives.
• Work with the wider senior management team to interact with all stakeholders, multilaterals, and other local entities to enhance the organization profile.
• Perform any other task assigned by the CEO/COO/Board.

Requirements

• A degree in B-Com or master’s in business finance from a recognized University is required.
• Professional qualifications: A Certified Public Accountant / Chartered Accountant is required.
• At least 10 years work experience in an FMCG/ Manufacturing or a busy commercial or financial institution with at least 8 years’ relevant experience in finance field.

Skills/Knowledge

• Proficient in using computer software and applications (e.g., MS Office etc.)
• Experience of ERP (SAP) would be an added advantage.
• Knowledge of accounting, finance and auditing concepts and principles.
• Ability to persuade and influence others.
• Ability to work under minimal supervision.
• Good interpersonal, written, and oral communication skills
• Knowledge of current accounting guidelines.
• Be a mature and presentable person with a clean career record.
• Highly organized with strong planning skills.
• Behavioral Competency
• Leadership and coaching skills
• Strategic management skills.
• Decision making and problem-solving skills.
• Negotiation skills.
• Presentation, analytical and writing skills. Culturally aware and adept at working across multiple