Deputy Manager Finance

Role & responsibilities

The Dy. Finance Manager will be responsible for establishing and leading the organizations finance function by designing and implementing robust financial systems, policies, and controls. This role will oversee the companys entire financial operations, ensuring compliance with statutory requirements, optimizing financial performance, and supporting informed business decision-making through accurate reporting and analysis

Preferred candidate profile

• Establishing the finance department involves designing and implementing robust financial systems, policies, and procedures to ensure effective financial management and compliance within the organization.
• Regularly review financial transactions and reports to ensure accuracy, compliance with Group financial policies, and alignment with internal controls and regulatory standards.
• Supervising and supporting the daily operations of the finance functions to ensure streamlined and proficient practices.
• To oversee the debtors collections, credit risk evaluations, and management of accounts receivable, ensuring timely follow-ups, accurate assessments of outstanding debts, and minimizing financial risk.
• To oversee accounts payable, ensuring accurate invoice processing, timely payments, and proper record-keeping and compliance with company policies.
• To prepare and maintain a full set of accounts, including financial statements, balance sheets, profit and loss statements, and cash flow reports, ensuring accuracy, compliance with accounting standards, and timely submission.
• To manage tax computation and ensure accurate VAT return submissions, WHT filings, and other tax submissions, complying with all relevant regulations and deadlines, while maintaining proper documentation
• To ensure compliance with statutory audit requirements and corporate regulations, overseeing the preparation of financial statements, liaising with auditors, and ensuring timely and accurate regulatory filings
• Continuously ensuring internal control policies are followed and proactively working to improve their effectiveness.
• Supervise and organize the month-end closing process, along with the preparation of management reports.
• Assisting in the development and execution of financial forecasts and annual budgets.
• Manage cash flow and working capital to ensure the organization has enough funds for daily operations and future growth.
• Ensure compliance with relevant financial regulations, legal requirements, and tax obligations.
• Collaborate with lawyers and bankers regarding financial matters.
• Implement and maintain up-to-date financial tools and systems to ensure efficient data flow and reporting, while supporting future growth.
• Provide training, coaching, and support finance team members, fostering development, excellence, and continuous improvement.
• Provide financial analysis and insights to management, enabling data-driven decision-making and ensuring financial objectives are met.
• Oversee cost control initiatives and identify opportunities to optimize financial processes and reduce expenditures.
• Lead internal and external audits, ensuring compliance with regulatory standards and best practices.
• Undertake any additional responsibilities or ad-hoc assignments as required by the management.