General Finance Manager

June 22, 2022
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Job Description

JOB DESCRIPTION FOR GENERAL FINANCE MANAGER

Location: Accra

Reporting to: General Manager

Age: 38-45 years

We are looking for a reliable Financial Manager that will analyze everyday financial activities and subsequently provide advice and guidance to upper management on future financial plans.

The goal is to enable the company’s leaders to make sound business decisions and meet the company’s objectives.

Principal Job Responsibilities

Play a leading role in advising on the Company’s funding and investment strategy and long-term financial security.
Analyze the department’s finances and develop budgets that will keep the company’s costs down.
Develop a committed and high-performance workforce.
Job Outcome

The Financial Health of the Company continuously improved.
Statutory returns and other records accurate and produced within given deadlines.
Highly committed staff

Responsibilities

Strategy:

Set AO KRANOC finance strategies and objectives.
Play a pivotal role in proposals and business-model development for AO KRANOC
Lead in the timely preparation of the budgets for approval.
Advice on investment activities and provide strategies that the company should take
Take appropriate action to improve and maintain the financial health of the organization.
Analyze costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans.
Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met
Liaise with auditors to ensure appropriate monitoring of company finances is maintained
Undertake research into pricing, competitors, and factors affecting
performance

7 Correspond with various other department discussing company plans with agreeing on future paths to be taken
Supervise and manage the staff to achieve high-performance outputs
Produce long term business plans
Reporting & Analysis:

o Ensure all internal and external reporting requirements are met on time – including

preparation of monthly and quarterly accounts and Statutory Annual Financial

Statements.

o Prepare monthly project reports.

o Ensure timely, accurate, and comprehensive board reports for quarterly meetings.

o Generate weekly, monthly, quarterly, and annually liquidity reports and associated

mismatches.

o Prepare a monthly revenue maximization and cost minimization measures reports to

assist in decision-making.

o Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.

Examine financial and legal documents to verify accuracy and adherence to financial regulations and acceptable financial principles.

Finance administration:

o Facilitate timely discussion and raising of debts and other funding to support projects

executions to avoid delays.

o Manage taxation process for the Company.

o Serve as custodian of General Ledger, Chart of Accounts, and the central repository

for all Financial and Management information for the Company.

o Manage the liquidity of the company to ensure optimal use of funds sourcing and

utilization

o Manage the processing, payment, and reconciliation of all suppliers.

Liaise with auditors to ensure appropriate monitoring of company finances is maintained

o Monitor Balance sheet and Income Statement account movements and turn these into

actionable insight.

o Conduct reviews and evaluations for cost-reduction opportunities.

Person Specification

· Proven experience as a Financial Manager

· Experience in the construction sector with previous possible roles such as accounts officer

· Extensive understanding of financial trends both within the company and general market patterns

· Proficient user of QuickBooks software

· Strong interpersonal, communication, and presentation skills

· Able to manage, guide and lead employees to ensure appropriate financial processes are being used

· A solid understanding of financial statistics and accounting principles

· Working knowledge of all statutory legislation and regulations

· BSc/MA degree in Finance, Accounting or Economics

· Professional qualification such as ICA/ACCA or similar will be considered a plus