Finance Manager at Mainland Group Limited

Responsibilities

• Oversee the preparation of financial statements in accordance with International Financial Reporting Standards (IFRS).
• Ensure timely monthly, quarterly, and annual reporting.
• Monitor and analyse financial performance to identify trends, variances, and opportunities for improvement.
• Prepare reports for senior management, stakeholders, and auditors .
• Develop and manage the annual budgeting process.
• Prepare cash flow forecasts, project finance models, and cost-benefit analyses.
• Conduct scenario planning and sensitivity analysis to support strategic decision-making.
• Analyse operational costs, especially related to vessel operations, port charges, crew wages, bunkering, and dry-docking.
• Work closely with operations and technical departments to control and reduce costs.
• Monitor voyage performance and profitability.
• Manage cash flow to meet operational and capital requirements.
• Liaise with banks and financial institutions for credit facilities, letters of credit, and currency exchange.
• Oversee foreign exchange exposure and hedging strategies.
• Ensure compliance with all statutory laws, regulations, and maritime industry financial standards.
• Manage insurance policies, including hull & machinery, P&I (Protection & Indemnity), and freight risks.
• Maintain tax compliance in multiple jurisdictions as required.
• Coordinate with auditors, tax consultants, and regulatory bodies.
• Prepare financial documentation for board meetings, funding rounds, or investor relations.
• Support strategic initiatives such as acquisitions, joint ventures, and asset financing.