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  • Posted: Sep 14, 2016
    Deadline: Not specified
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    Productive People was founded in 2014 in partnership with 2 of the UK’s leading recruitment consultancies providing contract, retained and permanent recruitment solutions to the global market place. Productive People specialises in supplying the most productive people available in all major economic sector...
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    Head of Finance

    Job description
    Reports directly to: Executive Director

    Oversees: Accountant, Accounts officer, Internal Auditors, Head; Internal Audit and control

    Management

    • Maintain a documented system of accounting policies and procedures
    • Manage outsourced functions
    • Oversee and lead annual budgeting and planning process in conjunction with the ED; administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
    • Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.

    Funds Management

    • Forecast cash flow positions, related borrowing needs, and available funds for investment
    • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
    • Maintain banking relationships
    • Assist in determining the company's proper capital structure
    • Arrange for equity and debt financing
    • Invest funds
    • Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

    Budgeting

    • Manage the preparation of the company's budget
    • Report to management on variances from the established budget, and the reasons for those variances
    • Assist management in the formulation of its overall strategic direction

    Financial Analysis

    • Engage in ongoing cost reduction analyses in all areas of the company
    • Review the performance of competitors and report on key issues to management
    • Engage in benchmarking studies to establish areas of potential operational improvement
    • Interpret the company's financial results to management and recommend improvement activities
    • Review company bottlenecks and recommend changes to improve the overall level of company throughput
    • Participate in target costing activities to create products that meeting predetermined price goals
    • Assist in the determination of product pricing in relation to features offered and competitor pricing
    • Compile key business metrics and report on them to management
    • Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
    • Create additional analyses and reports as requested by management

    Minimum Education Qualifications

    • B.Sc. in Accounting or related discipline
    • Professional qualification (ACA, ACCA, CIA, or CFE)


    Required Experience
    Minimum of 10 years’ experience with  at least 5 years relevant experience in manufacturing sector

    Required Competencies
    Knowledge

    • Accounting and Finance
    • Cost management
    • Taxation
    • Budgeting/Forecasting
    • Company operations
    • Management Accounting

    Method of Application

    Interested and qualified? Go to Productive People Limited on www.linkedin.com to apply

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