Finance Manager at Fadac Resources

Job Description

• Ensures all accounts are correct & up-to-date on the ERP
• Collates MIS reports for Financial Controller’s review
• Ensures periodic/ annual audit of accounts as per schedule & VAT audit
• Ensures 100% statutory compliance: VAT, WHT and appropriate posting
• Put in place a robust system for accurate product costing on real time basis
• Checking/ comparison/ reconciliation of cost data and flag deviation(s) where it exist at the earliest possible time.
• Compilation of budget in alignment with marketing, sales & operations
• Review of budget with Business Head and Finance Controller
• Ensures OPEX remains within budget.
• Building strong controls & SOPs to prevent financial leakages in any process (marketing, sales, distribution, procurement, operations & elsewhere in the organization)
• Ensures approved SOPs are implemented & adhered to.
• Keeps track of changes in all applicable laws.
• Keeps track of/ pursue legal matters and remains in touch with the lawyers/ consultants, HO legal team for contracts and agreement on behalf of the company
• Leading the cost reduction exercise, including identifying areas for cost reduction, pursuing achievement against agreed action plan & timelines
• Ensures optimum utilization of funds and Outflow planning
• Ensures that functionalities currently available on Orion are fully utilized and adhered to.
• Effort should be made to ensure that more processes are automated for increase efficiency & better control.
• Ensures adequate optimization of the inventory and receivables.
• Provide requisite support for timely achievement of sales target & collections
• Anticipate business risks and suggest mitigation plan
• Ensures timely action for risk mitigation and provide update to the Finance Controller
• Identify areas of opportunities for business expansion.

Requirements

• Minimum of 5 years experience in a manufacturing industry.
• In-depth knowledge of accounting principles, laws and best practices.
• Professional membership of ICAN, ACCA etc.
• Solid knowledge of financial analysis and forecasting.
• Good knowledge of ERP - Admin level
• B.Sc. /BA in Accounting, Finance and related courses.
• I.T Proficiency.
• M.Sc./MBA is a plus.

Behavioral Competencies:

• An analytical mind with strategic abilities.
• Excellent organizational and leadership skills.
• Outstanding communication skills.
• Ability to flourish in a fast-paced, complex environment and to adapt to change.