Skip to main content

This job has expired

Finance Manager

Employer
Jobberman
Location
Tema, Greater Accra, Ghana
Salary
Competitive Salary
Closing date
Nov 5, 2020

View more

Job Role
Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Summary

Reviewing financial reports, monitoring accounts, and preparing financial forecasts.
  • Minimum Qualification: MBA / MSc
  • Experience Level: Mid level
  • Experience Length: 5 years


  • Job Description

    Management

    1. Advice the Executive President and leadership on mattersrelating to Financial Management including treasury, asset and financial risk andensure that leadership is well informed about key financial risk issues thatneed to be addressed.

    2. Maintain a documented system of accounting policies and procedures

    3. Ensure the accurate and timely preparation of managementaccounts, the effective operation and development of management systems for allaccounting functions particularly those relating to purchase order, salesledger, payroll, cash, banking and stock control.

    4. Oversee the operations of the treasury department,including the design of an organizational structure adequate forachieving the department's goals and objectives.

    5. Spearhead the development of short, medium and long termfinancial plansz and champion their implementation.

    Funds Management

    1. Forecast cash flow positions, related borrowingneeds, and available funds for investment.

    2. Ensure that sufficient funds are available to meetongoing operational and capital investment requirements.

    3. Use hedging to mitigate financial risksrelated to the interest rates on the company'sborrowings, as well as on its foreign exchange positions

    4. Maintain banking relationships

    5. Assist in determining the company's proper capital structure

    6. Arrange for equity financing and debt financing

    7. Invest funds

    8. Recommend appropriate dividend issuances, based on historicaldividend patterns and expected cash flows

    Budgeting

    1. Manage the preparation of the company's budget

    2. Report to management on variances from the established budget, andthe reasons for those variances

    3. Assist management in the formulation of its overallstrategic direction

    Financial Analysis

    1. Engage in ongoing cost reduction analyses in all areas ofthe company

    2. Review the performance of competitors and report on keyissues to management

    3. Engage in benchmarking studies to establish areas ofpotential operational improvement

    4. Interpret the company's financial results to managementand recommend improvement activities

    5. Review company bottlenecks and recommend changes toimprove the overall level of company throughput

    6. Participate in target costing activities to createproducts that meeting predetermined price goals

    7. Assist in the determination of product pricing inrelation to features offered and competitor pricing

    8. Compile key business metrics and report on them tomanagement

    9. Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis

    10.Create additional analyses and reports as requested bymanagement

    11.Monitor the day-to-day financial operations within thecompany (payroll, invoicing, and other transactions).

    12.Prepare monthly and quarterly management reporting

    13.Participate in strategic data analysis, research, andmodeling for senior company leadership

    14.Support project analysis, validation of plans, and ad-hocrequests

    15.Manage the company's financial accounting, monitoring,and reporting systems

    16.Ensure compliance with accounting policies and regulatoryrequirements.

    17.Perform monthly bank reconciliations

    AdditionalAccountabilities:

    1. Oversee the extension of credit to customers

    2. Recommend changes to the corporate credit policy

    Get job alerts

    Create a job alert and receive personalized job recommendations straight to your inbox.

    Create alert