Financial Manager at Human Capital Partners (HCP)

JOB SUMMARY

• This role reports to the Partners & is responsible for overseeing the financial management & strategic planning of the firm. This position will lead the finance team in providing accurate financial insights, managing financial risks, & ensuring compliance with industry regulations.

RESPONSIBILITIES

• Develop & implement financial strategies aligned with the firm's business goals & objectives.
• Provide financial recommendations to the firm's leadership team to support decision making & growth.
• Oversee the preparation of financial reports, including project profitability analysis, revenue recognition, & cost tracking. 
• Ensure timely & accurate financial reporting to facilitate management decisions.
• Lead the annual budgeting process, working closely with department heads to develop budgets and financial forecasts.
• Oversee the billing process, ensuring timely & accurate client invoicing.
• Collaborate with project managers to monitor client accounts receivable & implement effective collection strategies.
• Work closely with project teams to manage budgets, track costs, & ensure profitability.
• Provide financial insights on project performance & potential financial risks.
• Ensure compliance with financial regulations, accounting principles, & industry standards.
• Monitor cash flow & working capital to ensure adequate liquidity for ongoing operations.
• Implement cash management strategies to optimize working capital.
• Establish & maintain robust financial controls to safeguard the organization's assets & prevent fraud or misappropriation.
• Evaluate & enhance financial systems & processes to streamline financial operations & improve efficiency.
• Manage banking relationships & optimize treasury functions, including investment decisions & foreign currency management.
• Identify & assess financial risks, develop risk mitigation strategies, & proactively address potential issues to ensure financial stability.
• Lead & develop the finance team, providing mentorship, performance feedback, & professional development opportunities.
• Foster a culture of continuous improvement & collaboration within the department.
• Collaborate with the firm's partners and management team to communicate financial results, forecasts, and insights. 
• Provide financial expertise to support business initiatives & proposals.
• Manage payroll

REQUIREMENTS

• A first degree in Accounting Engineering, Finance, or a numerate discipline
• A minimum of 8 (eight) years’ work experience
• Possession of relevant professional certification (ICAN/ ACA / ACCA / ACMA /CFA)
• Proficient in using QuickBooks Accounting Software

To help you succeed in the role, you will need to have.

• Strong financial acumen, analytical skills, & strategic thinking abilities.
• Strong understanding of financial management in a project-based environment.
• Excellent knowledge of accounting principles, financial regulations, & tax compliance for professional services firms.
• Experience in financial planning, budgeting & forecasting.
• Advanced financial analysis & reporting skills.
• Leadership acumen with excellent communication & interpersonal abilities.
• Ability to work under pressure and meet tight deadlines.
• Proficiency in financial software & Microsoft Office applications.
• Working knowledge of the Balanced Scorecard as a Performance Management Tool
• Ability to interpret and relay financial information in a practical manner that is easily understandable to non-financial persons. 
• Excellent communication and presentation skills