Finance Manager at Viva Cinemas

Reports to: CEO / Executive Director

Position Summary/Objectives:

The Finance Manager is responsible for the overall financial management, business analysis and ensuring a secure financial future in line with the organisation’s mission and values. The FM will be up-to-date with the financial standing of PRL and take care of all financial management tasks.

The Finance Manager is expected to build motivated and high performing teams through effective leadership, accuracy of PRL financial records and compliance with best practice financial management principles and regulatory requirements. The Finance Manager is responsible for serving as a team leader in a department of financial specialists who takes care for the incoming money, for paying the bills according the agreed terms, for an accurate booking and allocation of expenses and investments, for the monthly accruals, for the amortization of repaid expenses, for the fixed assets depreciation, etc.

Key Roles & Responsibilities

• Oversees all financial operations and directs corporate financial planning and structure.
• Coordinates, analyses and reports the financial performance to Management and Board of Directors (financial performance, projections and other special projects as required).
• Works with the CEO and other Heads of Department to influence the creation and communication of the company’s financial strategy.
• Provides accurate and timely financial advisory service including setting and monitoring of budget, forecasts, cash flow analysis, and support to inform decision making at all levels.
• Ensures the CEO/ED/Board is appraised of key financial issues in the company to enable relevant parties understand the financial position of the company.
• Ensure timely and accurate preparation of periodic management reports to aid management decision-making process.
• Responsible for overall financial management and guides the company towards profitability and financial success.
• Translates strategic goals into financial plans and advises the company on financial targets to be reached in order to maximize profit.
• Maintains a strong business relationship with Financial institutions and other relevant partners
• Prepares short and long-term financial forecasts of financial performance for use with internal management and external parties.
• Oversees audit and tax functions, coordinates activities with outside audit firms and review firm’s performance.
• Responsible for making payments for all corporate and human resource activities including employee benefits, retirement plans, corporate insurance and related activities.
• Develops the structure and composition of the finance office.
• Assists in the development and review of organisational strategies.
• Complies with federal, state, and local financial legal requirements by studying existing and new.
• Preparing and Reviewing the Company’s Financial Handbook.
• Responsible for all statutory reporting and compliance and report on overall business risk assessment.
• Leads team to deliver a best in class service and performance.
• Manage an accurate financial administration (creditors, debtors, salary administration, ledgers) and monitors the cash flow, the goods flow, accounts, and other financial transactions.
• Assist in the preparation of setting up the company budgets for the next financial year.
• Develops system for the maintenance of financial records, making use of current technologies.
• Prepare and ensure prompt remission of all statutory payments towards including VAT, PAYE tax, employee and Company pension contributions.
• Liaise with Auditors/ Tax consultant and external Auditors (FIRS/LIRS etc.) on various audit activities.
• Manage PRL’S general ledger and account statements; and ensure all transactions are processed in line with acceptable accounting principles.
• Perform periodic ledger and bank reconciliations as required.
• Oversees POS collection and re-conciliation.
• Manage the receipts and deposits of cash and bank transactions, including foreign transfers, to ensure the accuracy of PRL’s financial position.
• Maintain an accurate and up-to-date record of all financial activities.
• Performs any other duties as required by the CEO/ED.

Job Requirements:

• Good working knowledge of Accounting Software/computers/ Microsoft office.
• Good financial and accounting knowledge, including understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
• Good communication (written and verbal), interpersonal and people management skills.
• Ability to manage multiple priorities.
• Strong analytical and problem-solving skills.
• Ability to work independently, anticipate work needs and follow through with minimum direction.
• High ethical standards and integrity.
• Ability to perform at high levels in a fast-paced ever-changing work environment.
• Disciplined and anticipative.
• A desire for continuous business improvement and professional development.
• Good team player and able to collaborate with other teams in the organization

Personal Attributes:

• The incumbent must also demonstrate the following personal attributes:
• Strong Professionally – Credible with integrity
• Demonstrate sound work ethics
• Be honest and trustworthy
• Good listener – will challenge constructively and respond well to feedback
• Possess cultural awareness and sensitivity
• Be flexible

Qualifications & Experience:

• Minimum of a Masters Degree or its equivalent in Accounting / Finance.
• Relevant professional qualifications such as ACA, ACCA, etc
• Minimum of seven (7) years relevant experience in Finance / Accounting/ Audit.