Senior Finance Manager

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 Responsibilities

• 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.
• 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.
• 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.
• 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.
• 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
• 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.
• 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:

• 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.