Return to Job Search

Finance Manager

The role involves managing the company’s financial activities and operational aspects related to finance.

Financial Management & Reporting:

Oversee the preparation of monthly, quarterly, and annual financial statements, ensuring compliance with accounting standards and industry regulations.
Manage and review profit and loss statements, balance sheets, and cash flow reports for senior management and stakeholders.
Prepare and manage annual budgets, forecasts, and cash flow analysis to ensure financial targets are met and resources are optimized.
Analyze financial data, identify trends, and recommend strategies to improve profitability, reduce costs, and optimize working capital.

Accounts Payable & Receivable:

Supervise accounts payable and receivable functions to ensure timely processing of invoices, payments, and collections.
Ensure accurate and timely posting of transactions, and monitor overdue accounts to reduce outstanding debts.
Review and approve payments, ensuring compliance with internal controls and company policies.
Reconcile accounts and resolve any discrepancies with vendors and customers, maintaining strong business relationships.

Taxation & Compliance:

Ensure timely filing of tax returns and compliance with all local and international tax regulations, including VAT, corporate taxes, and other relevant taxes.

Cost Management & Control:

Monitor and control operational costs related to imports, warehousing, and sales processing, and identify opportunities for cost reduction.
Review and optimize vendor contracts and supplier terms to improve cost-effectiveness in the procurement process.
Work closely with the operations team to ensure the financial impact of production and logistics is aligned with company goals.

Cash Flow & Liquidity Management:

Manage and forecast cash flow, ensuring the company maintains sufficient liquidity for day-to-day operations.
Monitor the company’s working capital, optimizing inventory levels, accounts receivable, and payables to maintain cash flow.
Coordinate with financial institutions to manage the company’s credit facilities and optimize cash management processes.

Internal Controls & Risk Management:

Implement and maintain strong internal controls to safeguard the company’s assets and ensure the accuracy of financial transactions.
Monitor compliance with accounting standards, company policies, and regulatory requirements, particularly related to imports, chemicals, and tax regulations.
Identify potential financial risks and recommend mitigation strategies to management.

Team Leadership & Development:

Lead, manage, and develop the accounts, import, and sales processing teams, ensuring high performance and adherence to company policies and deadlines.
Conduct performance evaluations, provide training, and foster a collaborative, results-driven team environment.
Develop and implement best practices for financial, import, and sales processing operations to increase efficiency and reduce errors.

Stakeholder Management:

Act as the primary point of contact for internal departments (sales, procurement, logistics, group and cluster financials ) and external stakeholders (customers, suppliers, financial institutions, and customs).
Ensure smooth communication between the finance, import, and sales teams, facilitating timely resolution of issues and smooth coordination across departments.

Hidden Company

Similar Jobs