Finance Manager

Job Description : FINANCE MANAGER DRC · Ensure that project accounting and revenue recognition is done for the construction contracts adhering to the Accounting Standards based of percentage of completion. · Place controls in place and monitor them · Ensure duties are allocated and accountability is developed in the department · Study and streamline processes and bring efficiencies in the organization · Ensure all Financial reconciliations are done and are in order · Ensure management reports capture the required information across the whole group and a consolidated picture is provided. Forecasting, Budgeting & Cash Flow · Develop robust cash planning system where effective cost funds are properly planned · Develop and review effective financial forecasting · Engage with business for robust annual budget plans · Identify current cost control mechanisms in the organization · Identify methods and processes by which a reduction in costs can be realized operationally. · Train staff to undertake operational works with cost control in mind · Work with the team to implement new cost control mechanism based on Kaizen and other lean based theory. · Develop knowledge on local taxation and build adherence · Strategize, plan and implement in consultation with experts how to minimize tax liabilities for the business Risk Management · Constantly identify key risks to the organization with regard to finance, tax, accounting, insurance, cost control, contractual and other functions. · Conduct a risk analysis and plan strategies for mitigation of these risks · Implement risk mitigation strategies in the organization · Review and understand all the company liabilities incl. contractual, leases, insurance, loan covenants etc. · Review financial status incl. usage of assets, financing costs, cash flows, options for financing, liquidity etc. · Develop mechanisms to ensure efficient use of finance within the organization i.e., ROI ratios, or ROA ratios that can be implemented · Identify methods on how we can optimize and reduce our financing costs, what are our collaterals, what is the risk associated with finance, how this can be reduced and controlled. · Always try to improve the organization and department every single day · Challenge the Status Quo and identify ways to innovate and implement these · Keep up to date with new technology, processes, and knowledge · Develop innovative processes and systems that take account of local environmental conditions and are adaptable. Team Building and Culture Development · Create a culture that embodies the company values in the team · Develop, Mentor and train team members to maximize their potential · Develop accountability and create tasks and goals. · Review Agreements having financial impact · IFRS knowledge · Closely monitor the operations of Imports. · Responsible for Rental property management. · Negotiations - Better financial terms from creditor and debtor · International Currency Fluctuations and strategy for Import · Develop finance and other businesses processes so that Shared service model can be implemented · Consolidation of financial Accounting Desired Candidate Profile · 10-15 Years, 5 Years as HOD F&A at least · CA / ICWA / MBA Finance

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