Senior Finance Manager

  • Full-time

Company Description

A leading logistics firm that simplifies the process of order fulfilment and retail distribution for both local and international businesses across Africa by providing easy access to first to last-Mile logistics solutions.

 

 

 

Job Description

Job Responsibilities

  1. Financial Planning & Analysis:

  • Develop and manage financial models to forecast company performance.

  • Analyze financial data to identify trends, variances, and key performance indicators.

  • Provide insights and recommendations for cost reduction, revenue enhancement, and profitability improvement.

 

  1. Budgeting & Forecasting:

  • Lead the annual budgeting process, working closely with department heads.

  • Monitor and report on budget vs. actual performance.

  • Prepare regular financial forecasts and scenario analysis.

  • Reviewing daily inventory reports for all workshops from all inventory officers from the warehouse.

  • Coordinate end-of-the-month and end-of-the-year inventory audits.

 

  1. Financial Reporting:

  • Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

  • Ensure compliance with accounting standards and regulatory requirements.

  • Prepare management reports and present findings to senior leadership.

  • Coordinate the end-of-the-month management reporting process.

  • Preparation of in-depth & insightful financial analysis.

  • Prepare segmental reports to review margins, receivables, inventory, and cash collections.

 

  1. Taxation and Statutory Compliance( Preferably in multi-markets).

  • Oversee the preparation and filing of corporate tax returns.

  • Ensure compliance with local, state, and federal tax regulations.

  • Ensure compliance with GAAP and other regulatory requirements.

  • Manage relationships with external tax advisors and regulatory bodies.

  • Oversee the preparation and filing of corporate tax returns.

  • Monitoring statutory deductions (taxes) and ensuring that they are paid as of when due.

  • Oversee tax compliance for the company.

  • Ensure full adherence to all company financial policies across all departments.

 

  1. Accounting and Financial Management

  • Oversee the preparation of financial statements and reports.

  • Manage the general ledger and ensure accurate and timely closing of accounts.

  • Coordinate internal and external audits.

  • Facilitating invoice discounting and other forms of funding for the company.

  • Reconciliation of variances between the Actual and Budgeted costs and investigating the reasons.

  • Developing and implementing various control policies, such as credit control policies, Inventory policies, payables policies, and debt collection policies.

  • Preparation of Financial statements, the statement of financial position (Balance sheet), statement of financial performance (Profit or loss account), and cash flow statement following IFRS standards

 

  1. Cash Flow Management:

  • Monitor and manage the company's cash flow to ensure adequate liquidity.

  • Oversee accounts receivable and accounts payable processes.

  • Implement strategies for optimizing working capital.

 

  1. Risk Management:

  • Identify and assess financial risks, and implement measures to mitigate these risks.

  • Ensure that the company’s financial practices are in line with statutory regulations and legislation.

  • Coordinate with auditors for annual audits and ensure compliance with audit requirements.

Qualifications

Qualifications:

  • Minimum of B.sc in Accounting, Finance or related field.

  • Minimum of 6 years of experience in accounting, financial reporting, or tax management, with at least 3 years in a managerial role.

  • ACCA or ICAN Certification.

  • Advanced skills in accounting software (e.g., SAP, Oracle, QuickBooks).

  • Proficiency in using spreadsheets (Excel) and other financial analysis tools.

  • Strong knowledge of financial accounting, reporting, analysis, budgeting, forecasting, taxation and statutory compliance.

  • Excellent analytical, problem-solving, and decision-making skills.

  • Strong leadership and team management abilities.

  • Excellent communication and interpersonal skills.