Finance Manager

Overview

Oversee budgeting, forecasting, financial reporting, compliance and lead finance team.

Key Responsibilities

• financial reporting
• budget forecast
• cash flow
• sap management
• audit compliance
• stakeholder relations

Tasks

As a vital member of the management team, you are responsible for managing the financial activities of the company, including budgeting, forecasting, financial analysis, and reporting. You play a critical role in ensuring the financial health of the company by providing insights and guidance on financial matters, managing financial risks, and supporting strategic decision-making. -Support strategic initiatives, including capital investments, and collaborate with other departments to align financial objectives with overall business goals. Provide financial insights and analysis to support business growth and expansion plans. -Approve and review payroll. -Review and approve the CFR. Evaluate and approve the credit limit for new customers based on available documents as part of the approval cycle. -Review and approve external and internal transfers between bank accounts. -Calculate incentives for sales and management. -Oversee personnel affairs and recruitment processes, including offer letters, leave management, and work permit renewals. Provide guidance and support to the Admin Assistant in completing these tasks. -Oversee the preparation of financial statements, including the income statement, balance sheet, and cash flow statement. Ensure timely and accurate month-end and year-end closing processes. Prepare management reports and financial summaries for stakeholders and ensure compliance with accounting standards, regulations, and internal policies. -Develop and manage the company’s annual budget, prepare cash flow forecasts, and long-term financial plans. Conduct financial analysis to identify trends, variances, and opportunities for improvement. -Review the company's contracts with suppliers, contractors, and other parties, and coordinate with the company's lawyer for guidance and necessary amendments. -Review and approve the End of Service calculation. -Prepare the Right of Use (ROU) assets calculation for external auditors. -Review and approve bank reconciliations. -Approve petty cash and release replenishment transfers. -Ensure compliance with required internal audit findings when needed. -Oversee all administrative matters related to the company, including insurance (health, vehicles, all risks). -Manage HR processes and ensure full compliance with company policies and regulations. -Build and maintain relationships with external stakeholders, including external auditors, banks, and investors. -Oversee and lead any new projects related to SAP or IT, ensuring successful implementation and outcomes. -Review and submit all tax returns (VAT, monthly and yearly withholding tax). -Approve and authorize documents through the Chamber of Commerce, including required certificates and documents for customers or employees. Serve as the point of contact for electronic document authorization. -Follow up on all government documents and licenses, ensuring their validity and timely renewal before expiration. -Review job offers to ensure they meet company standards. -Solve and intervene in collection and invoice problems as needed. -Provide opinions and advice if any issues are identified that may lead to problems in the future. -Monitor the company’s cash flow to ensure sufficient liquidity for operations and manage working capital, including accounts receivable, accounts payable, and inventory. Develop cash flow projections and identify potential cash flow issues. -Serve as the point of contact between the company and the head office for all SAP-related inquiries and escalate issues as needed. -Handle employee relations and conflict resolution, addressing internal disputes. -Prepare and review the income tax return in coordination with the tax consultant, ensuring submission before the due date. -Work closely with external auditors to finalize and issue the annual financial statement. -Lead and manage the finance team in coordination with the Chief Accountant, including hiring, training, and performance management. Provide guidance and support to team members on financial matters while fostering a culture of continuous improvement and professional development within the finance team. -Work with the company's lawyers on legal matters, consultations, and legal cases. -Identify financial risks and develop strategies to mitigate them. Implement and monitor internal controls to safeguard assets and ensure the integrity of financial information. Ensure compliance with financial regulations, standards, and group of internal policies and procedures. -Ensure compliance with all laws, financial and tax matters, and licenses. -Review the expenses variance file, prepared with the Chief Accountant, and monitor expenditures to ensure they align with the budget. -Prepare the Expected Credit Loss (ECL) report for external auditors.

Requirements

• financial software
• microsoft office
• cpa
• accounting
• leadership
• 7-10 years

What You Bring

Experience: 7-10 years -Fluent Proficiency in English language is required -Minimum of 7-10 years of experience in finance or accounting, with at least 2-3 years in a supervisory or managerial role -Excellent analytical, problem-solving, and decision-making skills. -Proficiency in financial software and Microsoft Office. -Effective leadership and team management abilities. -Bachelor’s degree in Accounting, Finance, or a related field; CPA, CMA, or equivalent certification preferred -Proven experience in financial management, including budgeting, forecasting, and financial analysis. -Strong knowledge of accounting principles, financial reporting standards, and regulatory requirements. -Strong organizational and time management skills -High attention to detail and accuracy

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