GROUP FINANCE MANAGER
Tanzania
SCOPE OF WORK
The Group Finance Manager will direct and oversee the financial activities of the corporation, direct the preparation of current financial reports and summaries, and create forecasts predicting future growth.
DUTIES, RESPONSIBILITIES & AUTHORITIES:
A) Duties:
– Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
– Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
– Reviews planning process and suggests improvements to current methods.
– Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.
– Works with the Managing Director and other executives to coordinate planning and establish priorities for the planning process.
– Studies long-range economic trends and projects their impact on future growth in sales and market share.
– Identifies opportunities for expansion into new product areas.
– Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
B) Responsibility:
– Drive the company's financial planning.
– Perform risk management by analyzing the organization's liabilities and investments.
– Decide on investment strategies by considering cash and liquidity risks.
– Control and evaluate the organization's fundraising plans and capital structure.
– Ensure cash flow is appropriate for the organization's operations.
– Supervise all finance personnel (controllers, treasurers etc.)
– Manage vendor relationships.
– Prepare reliable current and forecasting reports.
– Set up and oversee the company's finance IT system.
– Ensure compliance with the law and company's policies.
– Manage team of financial controllers and financial analysts.
C) Authorities:
– Full authority on finance department team
– Require the signature on every purchase and delivery order.
– Maintain daily financial reports.
– Require the signature / e-signature on all operation expenses.
Internal Dynamic
– Within the Department: (All departments – Finance)
– With other Departments: (All departments – Finance)
Working Conditions
– In and outside the office.
– No or very limited exposure to physical risk.
Requirements:
– Excellent management and supervisory skills.
– Excellent analytical and organizational skills.
– Proficient in database and accounting computer application systems.
– Excellent written and verbal communication skills.
– Master's degree in business administration, Accounting, or Finance required.
– Certified Public Accountant designation preferred.
– Eight to ten years of experience in financial management required.
Note:
To perform this job successfully, an individual must be able to perform each essential
Duty satisfactorily. The requirements listed above are representative of the knowledge, skill,
And/or ability required and are not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job.
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