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Finance Manager

Job Description : FINANCE MANAGER BURKINA FASO Job description Treasury Management: Develop and implement effective treasury management strategies to optimize the organization's liquidity and cash flow. Monitor daily cash balances and ensure proper allocation of funds for operational needs. Execute transactions related to foreign exchange, ensuring favorable rates and minimizing currency risks. Collaborate with other departments to forecast cash requirements and plan for future financial needs. Banking Facilities: Manage relationships with banks and financial institutions to ensure efficient and cost-effective banking services. Management of loans, settlements, facility maintenance with banks. Increasing the banking panel, funding panel and bringing on board new facilities for the company. Evaluate and negotiate banking facilities, including credit lines, overdrafts, and other financing options. Stay informed about changes in banking regulations and industry trends to adapt strategies accordingly. Oversee the opening and closing of bank accounts as needed. Fundraising: Develop and implement strategies to raise funds for the organization's projects and operational requirements. Identify potential sources of funding, including grants, loans, and partnerships, and assess their suitability for the organization's goals. Prepare funding proposals, business plans, and financial models to attract investment and financing. Work closely with executive leadership to present financial information to potential investors and stakeholders. Financial Reporting: Ensure timely and accurate financial reporting to internal and external stakeholders. Prepare financial statements, reports, and analyses that comply with regulatory requirements and provide valuable insights to decision-makers. Collaborate with the accounting team to reconcile financial transactions and maintain accurate financial records. Projections, cost controls, budgetary controls. Risk Management: Identify financial risks and implement risk mitigation strategies to safeguard the organization's financial stability. Stay updated on market trends, economic indicators, and industry developments that may impact the organization's financial position. Develop and maintain a comprehensive risk management framework. Compliance: Ensure compliance with local and international financial regulations and reporting standards. Coordinate with legal and compliance teams to address any regulatory issues and implement necessary changes. Preferred candidate profile Bachelor's degree in Finance, Accounting, or a related field. MBA or professional finance certification (e.g., CA, CPA) is a plus. Proven experience as a Finance Manager or in a similar role, preferably in a multinational or complex organizational setting. In-depth knowledge of treasury management, banking facilities, and fundraising strategies. Strong analytical and strategic planning skills. Excellent communication and interpersonal skills. Ability to work effectively in a cross-functional team and interact with stakeholders at various levels. Proficient in financial software and Microsoft Office Suite. Working knowledge of French Language.

Posted on : 10-05-2024
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