Finance & Accounts Manager at Tomsey Engineering and Services International Limited

Job Description

• Initiates and drives annual plans and budgets in support of achievement of the corporate strategic plan.
• Develops and implements financial policies and procedures in accordance with financial standards
• Manages and tracks the implementation of the company annual budgets
• Advises management on changes in financial regulations, legislation and government tariffs
• Manages bank balances, interest, income, and expenses, and is responsible for overseeing and reviewing, reconciliation of all bank and ledger balances
• Prepares periodic financial statements informing the management of Tomsey’s financial position
• Oversees the preparation of annual financial accounts and management accounts
• Oversees the deduction and remitting of deductibles e.g. Pension Funds, PAYE
• Computes and remit tax liabilities to the appropriate regulatory bodies
• Develops measures or controls to ensure that all financial transactions are accurately captured and reported
• Reviews monthly payroll for employees and outsourced personnel/service providers
• Enforces policies and procedures to ensure that the company’s liabilities are minimized and payments promptly settled in line with agreed terms
• Supervises the fixed asset management process. Establishes procedures to secure, account for and monitor the acquisition, movement and disposal of fixed assets for Tomsey.
• Implements accounting controls in day-to-day performance of tasks (e.g. confirming the accuracy of general ledger codes on the accounting system)
• Undertakes risk management activities to protect financial well-being and minimize risk exposure by levering financial tools such as hedging etc. Corporate Treasury Management
• Informs investment decisions by analyzing financial information to forecast business, industry, or economic conditions
• Present written reports on general economic trends, individual corporations, and entire industries.
• Sourcing for funds for the organisation’s working capital at the most competitive rate possible.
• Review and recommend changes to the organisation’s investment policies based on market conditions as well as assess treasury performance benchmarks and recommend changes when necessary
• Responds to relevant requests from financial institutions
• Maintains financial files and records and maintain suppliers’ accounts
• Ensures all transactions are properly recorded and entered into the computerized accounting system
• Collaborates with external auditor to prepare and conduct the annual financial audit of the company.
• Approves accruals and adjustments on erroneously posted financial transactions into the financial system
• Develops and manages relationships with relevant external bodies / contacts e.g. regulatory organizations auditors, solicitors, banks etc.
• Manages the performance of staff in Finance Department.

Requirements

• Candidates should possess a Bachelor's Degree qualification with 8 - 10 years work experience.