Job Description
Responsibilities
Financial Management & Reporting:
- Prepare monthly, quarterly, and annual financial statements in compliance with applicable accounting standards under the supervision of executive management.
- Ensure timely preparation of management accounts and financial performance reports. Monitor financial performance against budget and provide variance analysis.
- Maintain accurate general ledger and ensure integrity of financial data.
Budgeting & Financial Planning:
- Lead the annual budgeting process in collaboration with department heads.
- Develop financial forecasts and cash flow projections.
- Provide financial insights to support pricing, bidding, and investment decisions.
- Support project-based financial tracking and profitability analysis
Cash Flow & Treasury Management:
- Manage company cash flow to ensure operational liquidity.
- Oversee banking relationships and negotiate financial facilities where required.
- Monitor receivables and payables to ensure optimal working capital management.
- Ensure timely vendor payments and client invoice follow-up.
Compliance & Internal Control:
- Ensure compliance with statutory obligations including VAT, WHT, CIT, PAYE, pension, and other regulatory requirements.
- Implement and maintain strong internal controls to safeguard company assets.
- Coordinate internal and external audits and ensure timely resolution of audit findings.
- Ensure compliance with company policies and financial procedures.
Cost Control & Risk Management:
- Monitor operational and project costs to ensure budget discipline.
- Identify financial risks and implement mitigation strategies.
- Support contract review process to assess financial exposure.
- Ensure insurance coverage adequacy and risk protection.