Finance Manager

Job Description For Finance Manager:

Role Overview:

We are seeking a Finance Manager whose primary responsibility will be the arrangement and collection of funds from banks and outstanding debtors. The ideal candidate will have a robust understanding of financial institutions, loan processes, and debt recovery. This role requires a strategic thinker with exceptional organizational skills and meticulous attention to the preparation of necessary documentation for securing funds.

Key Responsibilities:

Fundraising and Banking Relationships:

1.Develop and maintain strong relationships with banks and other financial institutions.

2.Negotiate and secure financing from banks, including loans and credit facilities, to support the company’s financial needs.

3.Prepare and present business cases to banks and financial institutions for securing funds.

Debt Management:

1.Proactively manage and collect outstanding debts from clients efficiently, maintaining positive client relationships.

2.Implement effective debt collection strategies and processes to minimize outstanding debts.

3.Coordinate with the sales and customer service departments to resolve disputes that may affect payment collections.

Documentation and Compliance:

1.Prepare, review, and ensure the accuracy of all financial documents required for fund collection from banks and managing debts.

2.Ensure compliance with legal requirements, banking regulations, and financial policies and procedures.

3.Keep abreast of financial regulations and legislation that may affect the company’s fundraising activities and debt collection practices.

Financial Analysis and Reporting:

1.Conduct financial analysis to assess the feasibility and risks associated with various funding options.

2.Prepare reports on funding and debt collection activities, including status updates and financial forecasts.

Other Responsibilities:

1. Taking care of Inter- Company transactions.

2.Co-ordinate with marketing team (BDM's) and clients and recover the over dues payment from debtors.

3.Taking care of all bank related issues or queries which needs to be solved on timely basis.

4. Managing Accounting Team for timely completion of work.

5. Maintain the financial health of the organization.

6. Lease with auditors to ensure appropriate monitoring of company finances is maintained.

7.Develop trends and projections for the firm’s finances.

8.Conduct reviews and evaluations for cost-reduction opportunities

9.Advise on investment activities and provide strategies that the company should take.

10.Any other task require will be discuss time to time.

Job Type: Full-time

Work Location: In person