KEY RESPONSIBILITIES

Financial Strategy Formulation

• Develop and document the company’s financial strategies and policies and ensure compliance.
• Develop sound accounting policies, for maintaining an adequate and efficient accounting system, safeguarding assets, authorizing transactions, and proper internal control systems.
• Implement policies to effectively manage working capital including cash utilization, accounts receivables, accounts payables, and inventory.

Financial Reporting

• Generate monthly, quarterly, and annual financial reports that indicate the financial health of the organization, and compliance with statutory guidelines, and provide advice on best practices to adapt.
• Oversee the implementation of the company’s financial strategy, internal accounting policies, and common financial systems.
• Prepare monthly revenue maximization and cost minimization measures report to assist in decision-making.
• Manage the company’s bank accounts and the monthly/annual maintenance of the company’s chart of accounts.

Budgeting and Forecasting

• Prepare monthly, quarterly, annual budget reports for management.
• Conduct ongoing budget analysis, flag inconsistencies, and propose corrective action when needed
• Engage with all units throughout the Company and formulate each unit’s budget.
• Build financial models to adequately forecast and simulate multiple financial scenarios against external, economic changes, with the ultimate aim being financial sustainability.
• Monitor, forecast, analyse and report on each unit’s budget and make recommendations.
• Develop and maintain budget policies and procedures

Governance and Compliance  

• Manage the company’s internal auditing processes and ensure that external auditors have all the necessary support to do their work effectively.
• Supervise and coordinate the preparation and implementation of annual internal audit plans /programs and endure adherence to plans.
• Responsible for audit reviews of business units, financial and management processes, and systems to ensure compliance with company policies and procedures
• Maintain and ensure compliance with the documented system of finance policies and procedures
• Generate reports on risk assessments and ensures relevant interventions are implemented.

Pricing and costing

• Analyze costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans
• Provide expert guidance in the costing of personnel, activities, and operations.
• Analyzing costs by studying historical data, identifying trends in expenses, and recommending cost reduction strategies
• Analyzing market trends to discover business opportunities and maximize profits.

 Work Environment and Staff Development

• Ensure the finance unit has an environment that promotes growth, wellbeing, productivity, cohesive teamwork and effective communication.
• Ensure the unit integrates itself with other units within our Client’s company.
• Instill Our Client’s values within the team and ensure staff are developed to their best potential.

QUALIFICATIONS 

• A Bachelor’s degree in related disciplines – Business, Accounting, Finance, Economics.
• ACCA/CIMA, CA, or its equivalent qualification.
• Minimum 5 years of related progressive finance experience with a reputed medium to large-scale FMCG manufacturing/distribution company.
• Deep understanding of IFRS and financial reporting tools.
• Advanced computer skills, including proficiency in MS Office and ERP systems
• Ability to analyze and interpret financial data, and prepare financial reports, statements, and projections.
• Knowledge of accounting principles, standards, laws, and regulations.
• Proficiency in the use of accounting software such as QuickBooks, Sage, SAP, Xero, Tally, etc. is required.
• In-depth understanding of cash flow management, bank reconciliation, and bookkeeping.
• Experience in Taxation.
• Proven experience in managing procurement within the FMCG/Manufacturing sector.
• Hands-on experience with budgeting and risk management.
• Excellent knowledge of data analysis and forecasting models.
• Hands-on experience in Inventory Management.

PERSONAL COMPETENCIES

• Excellent analytical, strategic, planning, and problem-solving skills.
• Must possess strong leadership skills and a forward-thinking mindset to support the company in the execution of strategic initiatives.
• Excellent communication, presentation, and people management skills.
• Ability to work well with the Managing Director and other senior managers.
• Must be self-motivated and have a sense of integrity.
• Demonstrated excellence, professionalism, and high-performance levels.
• Ability to teach and train others, building their capacity to perform well.
• Be willing and ready to stay professionally updated and play a key advisory role.

Apply through this emails:   recruitment@careersinghana.com