Agroindust Inc., Multi Location
Finance Manager is mainly responsible for financial planning and financial management at Agroindust. He/she shall manage funds in such a manner as to maximize return on investment while minimizing risk, and also ensuring that an adequate control structure is in place over the transfer and investment of funds. Further, the finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance.
Management
Maintain a documented system of accounting policies and procedures;
Ensure financial policies and procedures are up to date;
Manage outsourced functions;
Oversee the operations of the finance department, including the design of an organizational structure adequate for achieving the department's goals and objectives;
Ensure appropriate risk management techniques and financial controls are embedded throughout the company’s financial system at strategic and operational levels;
Manage relationships with the outsourced financial services providers;
Ensure accurate and timely payments;
Provide management, support and development to members within finance department.
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;
Use hedging to mitigate financial risks related to the interest rates on the company's borrowings (in case hedge fund was included in the capital structure of the company);
Maintain close relationships with funders;
Assist in determining the company's proper capital structure;
Arrange for equity and debt financing (if required);
Provide recommendations on dividend distribution, retained earnings, and similar decisions.
Budgeting
Manage the preparation of the company's budget(s);
Report to senior management on variances from the established budget and the justifications for those variances;
Assist senior management in the formulation of its overall strategic direction;
Assist with financial aspects of projects and business proposals.
Financial Analysis
Engage in ongoing cost reduction analysis in all projects of the company;
Review the financial performance of competitors and report on key issues to senior management;
Engage in benchmarking studies to establish areas of potential operational improvement;
Interpret the company's financial results to senior 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 meet predetermined price goals;
Compile key business metrics and report them to the senior management;
Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis;
Create additional analysis and reports as requested by senior management;
Cash flow forecasting.
ACCA certified or Bachelor's degree in finance or accounting. Master’s in relevant fields is highly preferred.
5 years of equivalent experience or progressively responsible experience. Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations.
Excellent communication and presentation skills are essential, particularly in regard to presenting the results of analysis.
IT literate with an emphasis on financial-related systems, software, and applications.
Outstanding knowledge of electronic spreadsheets.
Supervisory skills
Team building skills
Strong interpersonal skills
Stress and Time management skills
Analysis and writing skills
Qualified candidates are encourage to send their CV with a cover letter to the below mentioned email no later than June 30, 2017. Please include the name of position & Vacancy No. in the subject line as (Finance Manager- AI-06-2017). No other documents are needed to be submitted unless invited for an interview. Applications receive after the closing date will not be considered.
Please note that early applications are highly encouraged and will be screen on rolling basis.
AI is an equal opportunity employer. All ethnic groups and both genders are urged to apply.
Post Date
Jun 18, 2017
Closing Date
Jun 29, 2017
Reference
1
Number of Vacancies
1
Salary Range
Salary is negotiable
Years of Experience
5 years
Probation Period
3 month
Contract Type
Permanent
Contract Duration
Not Specified
Contract Extensible
true
Minimum Education
Bachelor's Degree
Gender
Any
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