Finance / Treasury Officer at Asset and Equity Group

Responsibilities

• Monitor supplier performance and ensure contractual obligations are met.
• Lead and manage purchasing operations, policies, and procedures.
• Directs preparation of fiscal records and financial plans, policies, and reports.
• Maintain procurement records and keep them current and standards, review contracts and maintain an efficient central file system for contracts and renewals to assure contract compliance.
• Manage contracting process, bids, procurement, records, renewals in existing system.
• Manage insurance policies and work with insurance broker, administration of all lines of insurance bids, review with executive team, insurance certificates/liens, records/file, renewals.
• Develop sound, cost-effective strategies for the purchasing of materials used in the organisation.
• Develops and communicates financial vision and strategy.
• Develops financial forecasts and monitors financial health, monitoring guardrails around financial commitments.
• Provides strategic financial input and leadership on decision making issues affecting the organization (i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments).
• Ensures timely and accurate business/financial reports and plans; presents them to the Partners across all business units to increase financial transparency in management reporting and business line performance.
• Conduct cost analyses and set benchmarks for continuous improvement.
• Maintain relationships with suppliers while continually scouting for additional sources/vendors.
• Negotiate contracts, terms and deadlines with vendors.
• Manages treasury function, including meeting short and long-term funding needs.
• Monitor supplier performance and ensure contractual obligations are met.
• Develop risk management procedures to mitigate losses in the event of product shortages.
• Monitor and update relevant departments regarding price fluctuations of goods and vendor pricing.
• Evaluate spending operations while seeking ways to improve and enhance the quality of products purchased, the timeliness of deliveries, and inventory management optimization.
• Work closely with the company finance, legal and operations departments to make sure contracts and terms are favourable.
• Partner with Accounts Payable to monitor employee expense reimbursement processes, inclusive of assisting with continuous process improvement
• Understands how regulatory reform will impact the business and helps ensure the business is best positioned to respond.
• Oversees and delivers recommendations to Board and Board committees regarding financials, audit matters, investments, and strategic initiatives and direction.

Qualifications

• A Bachelor's Degree in Banking and Finance, Operations Management, Project Management, Strategic Management, Economics, or other relevant field.
• Professional Qualification: Membership of relevant accounting bodies and attendant qualifications e.g. CIPS, ACTN, etc. will be an added advantage.
• A minimum of 3 years work experience.