Job Summary:
We are seeking a reliable and detail-oriented Finance Team Lead to supervise and support our finance operations. This role involves financial planning, analysis, budget management, and compliance.
Key Responsibilities:
Financial Planning & Budgeting:
- Oversee the preparation of the company's financial plans, budgets, and forecasts.
- Analyze business performance and suggest adjustments to financial plans as necessary.
- Monitor and control budgets to ensure alignment with financial goals.
Financial Reporting:
- Prepare accurate and timely financial reports, including monthly, quarterly, and annual financial statements.
- Analyze financial results and report on key metrics and variances to senior management.
- Present financial reports to the Executive Committee, providing insights and recommendations.
Cash Flow Management:
- Oversee the company's cash flow to ensure sufficient liquidity for operations and growth.
- Develop cash flow forecasts and manage working capital.
- Monitor receivables, payables, and other financial commitments to optimize cash flow.
Account Receivable & Credit Control:
- Oversee the accounts receivable function, ensuring timely collection of outstanding payments.
- Lead the credit control process by establishing credit terms and pursuing overdue accounts.
- Collaborate with the sales and client management team to resolve disputes and maintain client relationships while ensuring timely payment.
Financial Analysis:
- Conduct financial analysis to identify opportunities for cost savings, revenue growth, and efficiency improvements.
- Develop and maintain financial models to assess profitability, cash flow, and capital investments.
- Provide decision support through financial analysis for projects, investments, and business initiatives.
Cost Management & Control:
- Monitor and manage operational expenses, ensuring adherence to budgets and identifying opportunities for cost reduction.
- Implement cost control measures and drive initiatives to improve financial efficiency.
- Evaluate and approve capital expenditures and ensure cost-effectiveness.
Compliance & Risk Management:
- Ensure the company's financial practices comply with relevant regulations, tax laws, and industry standards.
- Liaise with external auditors during financial audits and implement audit recommendations.
- Oversee risk management strategies, including insurance, investments, and currency exposure.
Tax Management:
- Manage tax planning and compliance for the organization, ensuring timely filing of tax returns.
- Work with external tax advisors to ensure all tax obligations are met and optimized for efficiency.
Team Management:
- Lead and mentor the finance team
- Develop team members skills through training, performance reviews, and professional development.
- Ensure the finance team provides accurate financial support to other departments.
Systems & Process Improvement:
- Oversee the implementation and use of financial software and systems.
- Continuously improve financial processes, reporting systems, and internal controls.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- 5+ years of experience in finance or accounting, with at least 2 years in a managerial role.
- Experience with financial planning, budgeting, and forecasting.
- Knowledge of tax laws, financial regulations, and compliance.
