Job Description
Roles & Responsibilities
Formulate and recommend financial policies and procedures and upon approval, ensure that they are appropriately implemented within the company.
Create a budget and annual business plan and consistently review, evaluate, & discuss plan-related issues to maximize returns on investment against objectives.
Consolidate all budgets and ensure integrity of budget preparation, control, and reporting process.
Share financial advice on the overall corporate financial position.
Coordinate and supervise all financial and accounting operations e.g. credits, expenditures, collection, etc.
Review the summary of comparative budgeting reports and suggest corrective action as necessary, based on the actual results achieved.
Ensure the adoption of all necessary measures to protect the company assets e.g. internal control and proper insurance coverage.
Conduct various financial and organizational studies in order to analyze and suggest optimal utilization of resources.
Coordinate with bankers, financial institutions, and insurance companies to resolve relevant matters and monitor the banks' credit and other collection facilities.
Supervise all finance functions and ensure adherence to approved policies and procedures.
Manage and ensure the preparation of periodic financial reports for submission to the direct supervisor.
Recommend accounting systems, policies and procedures for management review and possible approval to facilitate accounting transactions.
Maintain reliable and accurate accounting records for the company and produce accounts as necessary
Supervise the recording and posting of payables, receivables, fixed assets, general expenses and payroll transactions, generate periodic reports for monitoring, and control purposes.
Produce regular analyses of payables, revenue and receivables to assist direct supervisor in decision making.
Coordinate with the external auditors on the review of accounting records and ensure they are provided with required documents and files.
Establish a filing system for all docs in relation to accounting & ensure it is constantly updated.
Practice duties and roles in line with the authorities matrix as delegated
Perform other ad-hoc responsibilities and tasks as needed to manage all financial activities