Finance Manager - Ghc8000 - Ghc10000
RESPONSIBILITIES:
1. Financial Reporting and Compliance:
Oversee the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with IFRS and GAAP standards.
Monitor financial performance, providing variance analysis and recommendations for improvement.
Ensure compliance with tax regulations, audits, and company policies, addressing any findings promptly.
2. Cash Flow and Budget Management:
Develop and manage cash flow forecasts to ensure optimal liquidity for operational needs.
Lead the annual budgeting process, collaborating with department heads to align forecasts with organizational goals.
Monitor and control financial expenditures, ensuring adherence to budgets.
3. Accounts Management:
Supervise accounts receivable (AR) and accounts payable (AP) functions to optimize cash collection and vendor payments.
Reduce Days Sales Outstanding (DSO) and ensure 95% on-time payments to vendors.
Implement strategies to streamline billing and collection processes.
4. Financial Analysis and Strategic Support:
Provide detailed financial insights and scenario planning to support senior management’s decision-making.
Track and report on financial KPIs, ensuring alignment with corporate objectives.
Conduct cost analysis and recommend areas for cost optimization.
5. Process Optimization and Technology Integration:
Drive automation of financial operations to improve efficiency and accuracy.
Oversee the integration of ERP systems for streamlined financial processes.
Identify and implement process improvements to reduce manual tasks and increase accuracy.
6. Leadership and Team Development:
Lead and mentor the finance team, ensuring high performance and alignment with company goals.
Conduct regular performance reviews and provide training opportunities for professional development.
Foster a culture of collaboration, accountability, and continuous improvement.
QUALIFICATIONS AND REQUIREMENTS:
Education: Bachelor’s degree in Finance, Accounting, or a related field. A Master’s degree or professional certification (e.g., CPA, ACCA) is preferred.
Experience: 7-10 years of experience in financial management, with at least 3 years in a leadership role.
Skills: Proficiency in financial software (e.g., SAP, QuickBooks), advanced Excel skills, and ERP systems.
Soft Skills: Excellent leadership, communication, and problem-solving abilities.
SMART GOALS FOR FINANCE MANAGER (2024/2025)
1. Financial Reporting Accuracy:
o Achieve 100% accuracy in monthly financial reports, with zero material discrepancies
2. Cash Flow Optimization:
o Increase cash reserves by 10% and maintain a 95% forecast accuracy
3. Accounts Efficiency:
o Reduce DSO by 15% and achieve 95% on-time vendor payments by Q4 2024.
4. Cost Optimization:
o Implement strategies to reduce operational costs by 8% without compromising quality.
5. Team Development:
o Conduct quarterly training for the finance
Salary
8,000 - 10,000 GHS
Monthly based
Location
Accra, Greater Accra Region, Ghana
Accra, Greater Accra Region, Ghana