Job Overview
Job Title
Finance Manager
Job Scope
The Finance Manager is responsible for overseeing the entire spectrum of finance and accounting including steering the financial direction of the business, strategic financial planning and management of financial resources. S/He supports the stakeholders by providing timely MIS reporting and developing budgets maintaining healthy working capital requirements to run the business efficiently.
Main Duties and Responsibilities
Technical and Operations
- Secure the financial health and stability of the company
- Oversee the overall accounting processes ensuring that proper books of accounts are maintained for effective financial control in accordance with corporate standards and local statutory requirements
- Conceptualize a smooth and efficient recovery plan to ensure that all debts are collected in a timely manner and coordinate with the sales and legal departments on credit actions
- Develop financial business modules based on need using adequate tools to assess project costs, profits and risks
- Oversee the annual budget preparation and periodic forecasts and prepare periodic financial analysis of the company financial situation supporting management decision
- Standardize accounting schedules and implement quality review processes
- Prepare and implement various accounting treatments as per IFRS
- Develop and review accounting policies and procedures to ensure compliance with IFRS
- Identify opportunities for optimizing financial and accounting operations and systems, consolidate operating improvements and processes at departmental level and drive the transformation with the IT department
- Ensure the timely preparation of monthly, quarterly and annual financial statements for the company and its related subsidiaries in compliance with IFRS and/or other guiding principles
- Lead and participate as the key finance stakeholder in cross functional teams
- Implement and drive the core financial processes and reporting activities including annual operating plans, long term plans and quarterly business reviews
- Lead ad hoc financial analysis and root cause investigations
- Oversee the accurate and timely reporting of government taxes
- Monitor financial performance indicators, analyze trends and causes on unexpected variances
- Oversee the company’s regulatory and reporting requirements and implement risk mitigation strategies
- Coordinate with the top management on the treasury/cash flow requirements of the group
- Liaise with the Legal Department and auditors to properly establish new entities for the company in other countries
- Oversee and ensure compliance with local/international laws and Midis code of conduct
Talent Development
- Ensure that human capital and capabilities are aligned with the company HR strategy at a departmental level
- Act as an agent of change and challenge departmental structures and processes to accompany change initiatives
- Lead and coach the team cultivating empowerment and ownership
- Develop capabilities and secure a solid succession plan
Position Requirements
Education
Bachelor’s degree in Finance, Accounting or any other related field
Experience
At least 5 years in a similar role
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