Job Description

Job Overview:
As a pivotal member of the leadership team, the Financial Lead will be responsible for managing the financial operations, ensuring compliance with financial regulations, and offering strategic financial insights to support the company's objectives.Responsibilities:Financial Planning and Analysis

• Lead bi-annual forecasting, budgeting, and variance analysis for all entities.
• Set financial targets and monitor progress.
• Control expenditures within budgetary limits to improve profitability.
• Implement cost-saving measures and enhance operational efficiency.
• Provide insightful financial analysis to support decision-making and identify operational improvement areas.
• Collaborate with department heads to align financial goals with business objectives.

Financial Reporting:

• Ensure accurate and complete management accounts, including income statements, balance sheets, reconciliations, and monthly cash flows.
• Approve journal entries in the management accounts.
• Provide clear and concise financial reports to senior management and external stakeholders.

Internal Controls and Compliance

• Implement and maintain robust internal controls to safeguard assets and ensure compliance.
• Oversee the audit process and act as the main contact for external auditors.

Cash Flow Management

• Monitor and manage the group's cash flow, optimizing working capital and liquidity.
• Oversee cash flow planning and ensure fund availability.
• Develop strategies to enhance cash management efficiency

Team Leadership

• Lead and mentor the finance team, fostering a culture of collaboration, accountability, and continuous improvement.
• Conduct regular performance reviews and provide professional development opportunities.

Risk Management

• Identify and assess financial risks, proposing and implementing mitigation strategies.
• Work closely with the executive team to evaluate potential business risks and provide financial insights.

Strategic Financial Planning

• Collaborate with the executive team to develop and execute strategic financial plans.
• Provide financial guidance on potential business initiatives, mergers, and acquisitions.

Requirements:

• More than 5 years' experience as a Financial Manager.
• Bachelor's degree in finance, Accounting, or related field; CPA or CMA designation preferred.
• Experience and proficient with Pastel Evolution or similar accounting system.
• Proficient in MS Office, with advanced Excel skills.
• Experience in preparation, completion, and review of management accounts.
• Experience in cashflow management.
• Knowledge of statutory returns and payments.

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