The Finance Manager will be responsible for developing and managing the general accounting and finance practice of TAHC including daily oversight of all matters relating to finance, accounting & taxation, inventory & budget management, expense management, reporting internal controls and overall compliance with internal/external regulations.
Finance and Accounting:
Set up and maintain the Finance and Accounting function and ensure relevant structures needed for its operation are put in place including appropriate IT Software tools;
Responsible for maintaining the account ledgers including absolute accuracy in expenses and income entries across all TAHC Businesses;
Monitors financial transactions and ensures compliance with the Company’s Financial Regulations;
Ensures all accounting tasks and transactions are completed in a timely manner.
Open, manage and monitor the operation of Company Bank Accounts including accuracy of bank statements.
Financial Planning + Budgeting:
Plan, control and implements the annual budgeting process.
Prepare Annual Budget Document for Business Units
Prepare and maintain a rolling 3 – year Financial Plan for the Business
Taxation:
Coordinates the timely and accurate filing of applicable tax returns, insurance premiums and remittance of statutory fees.
Maintain a current awareness of the Company’s tax environment to ensure that it continuously takes advantage of lawful privileges and concessions;
Monitors expenditures, analyzes revenues and determine budget variances.
Cashflow Planning and Treasury:
Prepare rolling 3-year Cash Flow Forecast for the Company quarterly reviewed
Prepare Annual Borrowing Requirement Statements
Maintain an efficient operating cash flow position including ensuring that surplus funds are effectively managed
Manage the organisation liquidity and asset base by ensuring effective and thorough income and expenditure management.
Internal Control:
Establish and maintain an effective internal control environment including policies and procedures around the Company’s Finance and Accounting system.
Facilitate an annual review of Internal Controls to ensure that they are adequate, current and fit for purpose.
Reporting + Compliance:
Prepares monthly/quarterly management reports and accounts ensuring they are produced on a timely basis (include KPI reports, budget, variance analysis, statistical data, and trends).
Supervises the preparation of individual project profit and cash flow forecasts, analysis and reports.
Oversee the preparation of Company Year End Account and External Audit in a timely manner
Support periodic reporting to stakeholders.
Ensure financial reports are prepared in accordance with local and regulatory accounting principles and ensure compliance with the accounting policies and procedures of the company in line with the standards set by the Financial Reporting Council and IFRS;
Identify and propose improvement to ensure Financial & Management Information Systems are functional to support financial reporting
Others:
When required represent the company to financial partners, including financial institutions, investors, auditors etc.
Manage and appraise the performance of staff within the finance department.
Job Requirements
Required Education:
Candidate should be a full member of ACCA or ICAN and possess a Bachelor's Degree in Accounting or a similar qualification from a top-tier program
Required Experience:
Minimum of 10 years’ experience in an Accounting role in a reputable firm or company.
Work experience in a reputable audit firm and or real estate development company would be an added advantage.
Experience of statutory financial reporting and knowledge of GAAP, IFRS
Experience of using Accounting Software and setting up systems
Skills and Competencies:
Financial Monitoring & Analysis
Numerical Skills
Statutory and external financial reporting
Accounting and information analysis
Management Reporting
Communication and Interpersonal Skills
Budgeting and Forecasting
Account preparation
Ability to Multitask.
Application Closing Date
30th October, 2023.
How to Apply
Interested and qualified candidates should submit their CV to: stessymaly@yahoo.com using the job title as the subject of the email.