Finance Manager

PURPOSE OF THE JOB

• Monitor the performance of the company and advise management in terms of costs and profitability through the preparation of timely management accounts and reports that guide management decisions.

DUTIES AND RESPONSIBILITIES

• Prepare timely monthly, quarterly, and annual management reports, and board accounts and reports.
• Formulate costing and revenue policies and systems and ensure the accounting of all costs incurred and revenue collected.
• Advise management on revenue and costing issues.
• Prepare timely and accurate financial budgets and forecasts by consolidating individual department budgets.
• Consolidate costs and revenues and extract management information for management decision making.
• Analyse the business’ financial and general operating information to identify trends and opportunities for investment/development.
• Analyse budget and other financial variances (such as product margins) and advise the GM Finance accordingly.
• Provide financial information to senior management, including monthly, management/financial accounts and budget reports.
• Review investment proposals to determine their viability.
• Assess the impact of changes in pricing, consumption volumes, and costs on profitability.
• Evaluate non-financial indicators, such as stock turnover and report on their effect on business performance and profitability.
• Evaluate assets and investments as and when necessary.
• Provide forecasts and projections of future cash flow for the business.
• Monitor costs such as wages, materials and equipment.
• Identify areas of the business where inefficiencies occur.

PERSONAL SPECIFICATIONS
Academic Qualifications

• Bachelor’s Degree in Commerce- Finance of Accounting Option

Professional Qualification

• CPA (K)
• Membership with ICPAK or any relevant body.

Experience

• At least 7 years’ experience, three of which must be at a supervisory level prior experience in managing a unit in a large and busy environment.