Finance Manager

Strategic

• Direct corporate strategic financial planning, capital allocation and performance measurement processes
• Work with leadership team to build quality forecasts and budgets, measure against forecasts, determine trends, variance analysis and highlight areas of opportunities
• Partner with the leadership team to drive financial and operational performance, ensuring appropriate financial regulations and controls are in place and used at all times
• Prepare annual estimates of revenue and expenditure in accordance with the Public Finance Management Act
• Review operational costs in relation to the prices being charged for room rentals and event planning services.
• Coordinate the preparation of the company’s budgets.

Operational

• Prepare and file annual tax returns and other financial information.
• Liaise with the various department heads to enhance operational efficiency through the use of information technology.

Financial

• Prepare or direct the preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
• Evaluate the financial aspects of product development, such as budgets, expenditures, research and development appropriations, return on investment and profit-loss projections.
• Manage cash resources and holdings to maximize returns on invested funds in accordance with required investment restrictions
• Liaise with the internal and external auditors to ensure timely completion of audits
• Lead other finance-related activities and projects based on the direction of the CEO

Administrative

• Direct the hiring, training, and performance evaluations of the accounting & inventory staff and oversee their daily activities.
• Monitor and evaluate the Finance Department’s staff performance to support growth and development through training and knowledge sharing and improve performance through coaching and performance improvement plans, when necessary
• Delegate administrative functions so that the mandate established by BCSL is met in a timely manner.

Technical

• Oversee the preparation of financial reports, general ledger posting, bank reconciliation and audit schedules.

Clerical

• Draft and review correspondence to the bank,  other financial institutions, suppliers, creditors, customers and any other parties on behalf of the accounts department.
• Preparation of financial board reports. 

Direct External Communication

• Communicate with the bank, regulatory authorities and other agencies in relation to financial matters.

Delegation of Duties

• Delegation of accounting, & inventory related duties to the members of the team.
• Delegate responsibilities to service providers and external agencies when necessary.

Supervisory

• Supervise the daily activities of the Accounts Department and the Inventory Officer.

Other

• Any other related duties that may be assigned from time to time.

Formal Education Skills:

Examples of use in your work

Language and communication

v  Draft correspondence and communicate with the media and general public on behalf of the organisation. 

v  Preparation of monthly departmental board reports.

v  Issuing directives to team.

v  Responding to departmental queries and communicating departmental and company plans to staff.

Mathematics

v  Using figures, graphs, charts and statistics to present and interpret information.

v  Preparation of budgets and financial reports.

v  Reviewing and updating variance reports.

Analysis and Interpretation

v  Logically analyse and interpret information presented in a technical format.

v  Reviewing of monthly statistics report.

Organizing and coordinating

v  Plan and coordinate accounting and audit schedules.

Counselling

v  Provide guidance on financial matters and support to the accounting team.

Research and Development

v  Reviewing pricing structure and operation costs.