African Bagg
Competitive salary
21 Nov 2020
28 Nov 2020
Job role
Experience level
Job purpose:

The General Manager of Finance is responsible for ensuring the financial well-being of the Company by providing financial and accounting services by keeping proper books and ensuring that all company financial information is accurate and timely.

  • Develop finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction; establishing functional objectives in line with organizational objectives.
  • Establish financial operational strategies by evaluating trends; establishing critical measurements; determining revenue from the various sources, productivity, designing systems; resolving financial problems and implementing change.
  • Develop organization prospects by studying economic trends and revenue opportunities; projecting trading activities and expansion prospects in the sub-region; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion.
  • Develop financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; developing action plans.
  • Monitor financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
  • Maximize return on invested funds by identifying investment opportunities; maintaining relationships with the investment community.
  • Report financial status by developing forecasts; reporting results; analyzing variances; developing improvements.
  • Establish and maintain policies of profit and expense control
  • Prepare and review of monthly and quarterly cash flow projections.
  • Supervise the annual budget preparation process, monthly cash budget and budget monitoring.
  • Develop capital expenditure plans
  • Perform tax planning and strategy
  • Maintain integrity of the company's accounting system software, ensuring it remains effective and operational at all times.
  • Periodically review the entire accounting and financial management systems of the company to ensure efficient capturing and processing of financial data.
  • Supervise accounting staff to ensure the timely delivery of accurate and complete periodic financial reports and returns.
  • Produce, verify and submit relevant financial reports in compliance with stakeholders such as MD, Board of Directors, and lenders as needed
  • Supervise the production of annual financial statements in accordance with relevant accounting standards, working with the external auditor.
  • Supervise key functions such as payment of salaries and vendors and the maintenance of asset register

  • Requirements:

  • Bachelor' Degree in Engineering, Business Administration, Economics, Accounting
  • MBA or Masters in Finance, Accounting or Economics
  • Member of an accounting professional body such as ACCA, CPA
  • 10+ years in Corporate Finance, Audit, Accounting, Budget, Cost & Credit control, Forecasting an Treasury
  • At least 8 years must have been spent in a management position
  • Financial Planning and Strategy
  • Forecasting, Corporate Finance, Developing Budgets, Financial Skills, Dealing with complexity
    Managing Profitability, Strategic Planning, Vision and Quality Management
  • Promoting Process Improvement
  • Experience with ERP system is preferred
  • Excellent stakeholder management skills
  • Strong Communication Skills-oral, written and presentation