Finance Manager
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Job Location:
Monthly Salary:
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Job Summary
Key Responsibilities
Credit Management
Assess customer credit applications and creditworthiness using available information such as credit reports and payment history and provide recommendations to Management.
Monitor outstanding balances against approved credit limits and review limits where necessary.
Ensure credit control and collection policies are adhered to and develop clear standardized credit procedures to identify high-risk accounts and minimize bad debts.
Oversee the timely issuance of statements of accounts reminders and warning letters.
Accounts Receivable (AR)
Prepare weekly AR tracking and performance reports.
Supervise the monitoring of aging reports and ensure overdue balances are collected promptly.
Review cases where documents are released without payment and take immediate corrective action.
Lead and support the AR team in systematic follow-ups on outstanding accounts.
Ensure daily and timely updates of payment receipts.
Monitor debtor balances against KPI targets for overdue accounts.
Analyze AR trends and changes in customer payment behaviour addressing major collection issues in weekly AR meetings.
Coordinate closely with customers and internal teams including Sales and Marketing.
Accounts Payable (AP)
Review vendor payment requests against purchase orders and verify invoices before approval.
Ensure all vendor invoices are properly captured and recorded in the system.
Oversee timely processing of AP transactions and vendor payments in accordance with agreed terms.
Supervise AP team performance to ensure accuracy and timeliness.
Reconcile vendor statements and resolve discrepancies directly with vendors.
Prepare monthly AP aging reports and monitor outstanding payables to ensure timely resolution.
Coordinate with Operations to ensure unbilled expenses are accrued accurately each month.
Follow up on vendor rebates and commissions to ensure accurate and timely receipt.
Support internal audits and respond promptly to audit queries.
Agency Accounting & Financial Reporting
Ensure accounting records for assets liabilities revenue and expenses comply with MFRS IFRS and the Companies Act 2016.
Review and approve journal entries and general ledger postings ensuring expenses are captured accurately and on time.
Ensure timely preparation of monthly management reports in accordance with established guidelines and deadlines.
Oversee monthly balance sheet reconciliations and resolve discrepancies promptly.
Analyze financial performance against budgets explaining variances and profitability trends to Management.
Support the preparation of budgets and forecasts.
Coordinate statutory audit documentation and ensure timely responses to auditors.
Oversee the preparation of company tax returns and ensure compliance with statutory deadlines.
Advise Management on accounting and taxation matters including compliance procedures and optimization opportunities.
Ensure intercompany balances are accurately recorded and reconciled.
Requirements
Requirements
More than 6 years of working experience within finance functions with experience leading a team.
Self-motivated proactive and able to work independently in a fast-paced environment.
Strong interpersonal communication and negotiation skills.
Sound business acumen with strong problem-solving abilities.
Excellent time management and prioritization skills.
Proven leadership capability.
Strong analytical skills with high attention to detail.
Comfortable working with large data sets and financial analytics.
Precise accurate and detail-oriented.
Proficient in written and spoken English.
Benefits
Perks & Benefits
Outpatient medical coverage
Insurance coverage
Dental and optical benefits
Miscellaneous allowances
Performance-based bonus
Open and collaborative culture
Employee engagement activities
Required Skills:
Requirements More than 6 years of working experience within finance functions with experience leading a team. Self-motivated proactive and able to work independently in a fast-paced environment. Strong interpersonal communication and negotiation skills. Sound business acumen with strong problem-solving abilities. Excellent time management and prioritization skills. Proven leadership capability. Strong analytical skills with high attention to detail. Comfortable working with large data sets and financial analytics. Precise accurate and detail-oriented. Proficient in written and spoken English.
Company Industry
IT Services and IT Consulting
Key Skills
- Cognos
- Forecasting
- Hyperion
- Dealership Experience
- QuickBooks
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
