Senior Finance Manager

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

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Financial Planning & Analysis:

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Develop and manage financial models to forecast company performance.

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

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

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Budgeting & Forecasting:

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

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Monitor and report on budget vs. actual performance.

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Prepare regular financial forecasts and scenario analysis.

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

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

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Financial Reporting:

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

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Ensure compliance with accounting standards and regulatory requirements.

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Prepare management reports and present findings to senior leadership.

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

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Preparation of in-depth & insightful financial analysis.

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

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

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Oversee the preparation and filing of corporate tax returns.

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

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Ensure compliance with GAAP and other regulatory requirements.

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Manage relationships with external tax advisors and regulatory bodies.

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Oversee the preparation and filing of corporate tax returns.

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

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Oversee tax compliance for the company.

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

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Accounting and Financial Management

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Oversee the preparation of financial statements and reports.

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

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Coordinate internal and external audits.

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

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

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

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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

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Cash Flow Management:

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

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Oversee accounts receivable and accounts payable processes.

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Implement strategies for optimizing working capital.

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Risk Management:

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

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

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

Qualifications Qualifications:

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

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

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ACCA or ICAN Certification.

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

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

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

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

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Strong leadership and team management abilities.

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Excellent communication and interpersonal skills.