Finance Manager at Rescue Technologies Limited

Summary

Effective and Efficient management and set up of the Account/Finance department, manage funds in such a manner as to maximise returns on investments, while minimising risks and also ensuring that an adequate control structure is in place over the transfer and investment of funds.

Job Requirement

Management

• Maintain a documented system of accounting policies and procedures
• Manage outsourced functions
• Oversee the operations of treasury, including the design of an organizational structure adequate for achieving the set goals and objectives

Funds Management

• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
• Maintain banking relationships
• Assist in determining the company's proper capital structure
• Arrange for equity and debt financing
• Invest funds and ensure returns
• Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

Budgeting

• Manage the preparation of the company's budget
• Report to management on variances from the established budget, and the reasons for those variances
• Assist management in the formulation of its overall strategic direction

Financial Analysis

• Engage in ongoing cost reduction analyses in all areas of the company
• Review the performance of competitors and report on key issues to management
• Engage in benchmarking studies to establish areas of potential operational improvement
• Interpret the company's financial results to management and recommend improvement activities
• Review company bottlenecks and recommend changes to improve the overall level of company output
• Participate in target costing activities to create products that meeting predetermined price goals
• Assist in the determination of product pricing in relation to features offered and competitor pricing
• Compile key business metrics and report on them to management
• Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
• Create additional analyses and reports as requested by management

Critical Tasks

• Ensure accurate and timely management of all functions noted above
• Maintain and update knowledge/skills relating to Admin functions
• Ensure sensitivity and respect for the rights and privacy of patients, visitors and staff
• Maintain professional conduct in attitude and performance to ensure professional standards are maintained
• Protect operations by keeping information confidential.
• Collaborate with internal departments to prepare and present findings.

SKILLS

• Excellent verbal, written, communication and interpersonal skills
• Time Management
• Strong Analytical and Financial skills
• Strong Organisational Skills
• Strong Negotiation Skills
• Advanced Excel skills, ability to work with lookups and pivot tables.
• Proficiency in Microsoft Word, Outlook and PowerPoinT
• Strong experience in income statement analysis
• Sound Judgement

ABILITIES

• Ability to work under pressure and meet deadlines
• Ability to multi-task
• Ability to work independently and as part of a team and take on new tasks with high level of difficulty.
• Quality Management
• Strategic Thinking
• Self-Driven
• Think Logical and Clearly

REQUIRED QUALIFICATION(S)

Education

• 2:1 or above in a Bachelors’ degree in Finance or Accounting from a reputable higher institution.
• MBA is an added advantage
• Relevant Finance/Account Certification is requisite
• 6-8 Years work experience in a similar role is requisite

Other

Completion of National Youth Service Corps (NYSC) program