Job Overview:
We are seeking a highly skilled and experienced Finance Manager to join our team.
The ideal candidate will play a key role in overseeing the financial operations of the organization, ensuring compliance with financial regulations, and providing insightful financial analysis to drive strategic decisions.
The Finance Manager will manage financial reporting, budgeting, forecasting, and ensure the company’s financial health.
Key Responsibilities:
Financial Reporting & Analysis:
- Prepare, analyze, and present monthly, quarterly, and annual financial reports to senior management.
- Oversee the preparation of financial statements, including income statements, balance sheets, and cash flow statements.
- Provide detailed financial analysis and forecasts to support strategic planning and decision-making.
- Identify trends, fluctuations, and financial risks, and recommend actions to improve financial performance.
Budgeting & Forecasting:
- Lead the annual budgeting process, working closely with department heads to develop accurate budgets.
- Monitor budget performance throughout the year and adjust forecasts accordingly.
- Analyze variances between actuals and forecasts, providing recommendations for corrective action.
Cash Flow Management:
- Oversee cash flow planning and ensure the company has the necessary liquidity to meet its obligations.
- Monitor daily cash balances and forecast cash flow requirements for both short- and long-term needs.
- Ensure efficient use of financial resources and optimal allocation of capital.
Financial Strategy & Planning:
- Develop and execute long-term financial strategies to support the company’s growth objectives.
- Work with senior leadership to set financial goals and ensure alignment with overall business strategy.
- Advise on business planning, financial risk management, and capital investment decisions.
Compliance & Risk Management:
- Ensure compliance with all relevant financial regulations, laws, and internal controls.
- Manage audits and ensure that all financial processes and reports comply with industry standards.
- Review financial risks and implement risk management strategies to safeguard the company’s assets.
Team Leadership & Development:
- Manage and mentor a team of finance professionals, ensuring effective performance and growth.
- Provide guidance and support in financial processes and problem-solving across departments.
- Promote a culture of continuous improvement within the finance team.
Cost Management:
- Identify cost-saving opportunities and implement measures to reduce operational expenses.
- Analyze spending patterns and develop strategies to enhance profitability.
Stakeholder Engagement:
- Act as the main point of contact for financial matters with internal stakeholders and external partners (e.g, auditors, regulatory bodies, banks).
- Present financial performance and strategies to senior executives and board members.
Required Skills & Qualifications:
Education:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Professional certification (e.g, CPA, CFA, or ACCA) is highly preferred.
Experience:
- 4+ years of experience in finance and accounting roles, with at least 2 years in a managerial position.
- Strong background in financial reporting, budgeting, forecasting, and financial analysis.
- Experience in managing financial teams and providing leadership.
Technical Skills:
- Proficient in financial software (e.g, QuickBooks, SAP, Oracle) and Microsoft Excel (advanced functions, financial modeling, etc.
- Strong understanding of accounting principles (GAAP/IFRS) and regulatory compliance.
- Familiarity with ERP systems is a plus.