Finance Manager at Vestates Limited

Job Summary

• We are seeking a highly skilled, professional, and organized Finance Manager to join our dynamic team at Vestates Limited.
• As a key member of our leadership team, you will be responsible for overseeing all financial operations, ensuring compliance with accounting standards, and providing strategic financial insights to support business growth.

Key Responsibilities
Financial Reporting and Accounting:

• Prepare accurate, timely, and consolidated financial statements (balance sheets, income statements, and cash flow statements) for Vestates and all its subsidiaries, ensuring compliance with International Financial Reporting Standards (IFRS) or other applicable standards.
• Maintain accurate accounting records, overseeing general ledger activities, journal entries, reconciliations, and month-end closings.
• Prepare, analyze, and deliver comprehensive management accounts and reports to provide leadership with timely insights into performance, profitability, and operational efficiency, supporting strategic decision-making.
• Implement and monitor internal controls to ensure data integrity and present financial reports to support management decision-making.
• Demonstrate in-depth understanding of accounting standards to ensure compliance and accuracy in financial processes.

Budgeting, Forecasting, and Analysis:

• Collaborate with department heads to develop annual budgets and periodic financial forecasts for the organisation, monitoring performance and identifying variances.
• Conduct in-depth financial analysis to evaluate performance, identify trends, and provide actionable insights on cost efficiencies, profitability, and investment opportunities.
• Support long-term financial planning to align with the group’s strategic goals.

Compliance, Audit, and Taxation:

• Coordinate external audits, preparing schedules and documentation, and liaising with auditors to address queries and implement recommendations.
• Ensure compliance with local and international financial regulations, including corporate governance and tax laws
• Prepare and file accurate tax returns, coordinating with tax consultants and identifying tax-saving opportunities.

Operational and Stakeholder Management:

• Oversee accounts payable and receivable to ensure timely payments and collections, optimizing cash flow and working capital for the organisation.
• Provide financial input for administrative tasks, including but not limited to contract reviews, vendor negotiations, payroll support, and developing financial policies to enhance efficiency.
• Collaborate with all departments to ensure compliance with financial policies and align objectives with the organisation’s strategy.
• Build and maintain productive and trusting relationships with stakeholders, including suppliers, customers, financial institutions, and colleagues, through strong networking abilities to support business operations.
• Support fundraising or capital-raising initiatives where necessary, working to secure the financial resources required for business growth.
• Prepare invoices and receipts for all clients of the organisation as required.

Qualifications

• Candidates should possess a bachelor’s degree in Accounting, Finance, or a related field.
• At least 3 - 4 years ofwork experience in financial accounting.
• Professional certification (such as ICAN and/or its equivalent) is required
• Strong knowledge of accounting standards and management accounting/reporting.
• Proven ability to build and maintain relationships with financial institutions, with exposure to fundraising or capital-raising initiatives, will be considered an advantage.
• Proficient in financial software (e.g., SAP, Oracle, Excel).
• Excellent analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Strong networking abilities: proven ability to build and maintain productive relationships with stakeholders.
• Proficient in using Microsoft Office packages.
• Highly detail-oriented with exceptional organisational and time management skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Proactive, adaptable, and eager to learn.

What We Offer

• Competitive salary and benefits package.
• Opportunities for professional growth.
• Collaborative and dynamic work environment