Finance Specialist

Location:

Industry:

Experience Required:

Employment Type:

Job Objective:

To lead and manage the finance and accounts function for setting up a Factory in Angola. The incumbent will ensure compliance with international and local financial regulations, manage budgets, oversee audits, and establish financial controls and systems to support smooth operations.

Key Responsibilities:

1. Factory Setup & Financial Planning

• Develop and implement a financial framework to support factory establishment.
• Manage CAPEX budgeting, cost estimation, and financial planning for infrastructure setup.
• Coordinate with local consultants and government agencies for financial and regulatory compliance.

2. Accounting & Financial Management

• Establish and maintain accurate books of accounts in line with IFRS and Angola’s local GAAP.
• Monitor general ledger, fixed assets, cash flows, and inventory accounting.
• Prepare monthly, quarterly, and annual financial statements and reports.

3. Budgeting & Forecasting

• Develop and manage operating and capital budgets.
• Perform variance analysis and cost control; present financial insights to leadership.
• Monitor and forecast cash flow requirements for local operations.

4. Compliance & Taxation

• Ensure compliance with local tax regulations, including VAT, customs duties, corporate tax, etc.
• Liaise with local authorities for licensing, approvals, and audits.
• Handle external/internal audits, filings, and statutory submissions.

5. Banking, Treasury & Fund Management

• Manage banking relationships, fund transfers, and forex planning.
• Set up local bank accounts and monitor day-to-day transactions.
• Handle foreign currency exchange planning in coordination with HO Finance.

6. Controls & Risk Management

• Implement robust internal controls to prevent fraud, leakage, or regulatory issues.
• Set up SOPs and accounting workflows in SAP/Tally or preferred ERP.

Key Requirements:

• Qualification

  : Chartered Accountant (CA) / CMA / CPA / ACCA / MBA (Finance)

• Experience

  : Minimum 7-8 years in finance & accounts, with at least 2–3 years in manufacturing setup, preferably in international locations.

• Domain Knowledge

  : Prior experience in diamond, mining, gems, or high-value commodities preferred.

• Software

  : Proficiency in ERP systems (SAP, Quick books, Oracle, Tally) and MS Excel.

Skills

• Strong understanding of international taxation and compliance.
• Hands-on with budgeting, fund flow, audit, and costing.
• Good communication and stakeholder management.
• Ability to work in cross-cultural environments and remote geographies.