- Operating cash flow monitoring, projections, deviations analysis against forecasted.
- Forecasting working capital based on good understanding of clients and suppliers.
- Monitoring the foreign currency exposure in sales and purchases to provide input for the hedging transactions while ensuring compliance with the Group’s hedging policy.
- Calculate and explain foreign currency impact on the business results.
- Prepare and present regular accounting and management financial reports including monthly profit and loss by cluster and business unit.
- Prepare budget reports comparing forecast vs. budget and monitoring cash flow by business unit.
- Work on maintaining the monthly and annual operating budget of thebusiness units and will ensure receivables are managed effectively.
- Manage the financial controls and accounting procedures, develop and maintain the internal controls to safeguard the financial assets of the organization and reinforce management controls that promote business process effectiveness.
- Responsible of producing accurate monthly, quarterly, and yearly management and accounting reports as per the IFRS standards.
- Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
- Oversee the reconciliation of the financial reports and bank position at the end of the month ensuring that the balance is correct.
- Follow up with credit control department on all debtor’s balance overdue and review the cash statements and bank movements.
Candidate Qualification –
- 10 – 12 years of finance experience with at least 5 years working as Financial Manager.
- FCA, ACCA, CPA, ICAEW, or related accounting qualification is required.
- Graduate degree in business, finance, economics, mathematics, statistics, or related fields.
- Experience in one or more of the following industries is preferred automotive, engineering, FMCG, and trading.
- Ability to think critically and strategically with strong applied quantitative skills related to finance, statistics and modeling.
- Commanding knowledge of accounting, controls, risk, tax, reporting and liquidity.
- Ability to lead a team and achieve goals.
- Ability to contribute effectively to a team environment.
- Ability to establish positive working relationships demonstrating integrity and a high degree of ethics.
- Patience, meticulous with strong communication skills.