Finance Manager

Overview

Accounting

• Ensure timely and accurate financial closing in compliance with IFRS standards on a monthly, quarterly, and annual basis, maintaining high levels of financial reporting integrity.
• Lead the audit process by liaising with both external and internal auditors, ensuring that all financial records and practices are in full compliance with regulatory requirements and audit standards.
• Ensure the accurate and timely recording and reconciliation of vendor payables, accounts receivables, and other key financial transactions to maintain the integrity of the general ledger.
• Monitor and manage the company’s cash flow, including the preparation of regular forecasts to ensure adequate liquidity and financial planning.
• Oversee
• project cost accounting
• activities to ensure that costs are accurately tracked, reported, and analyzed in line with project budgets and financial controls.
• Ensure the proper recording, classification, and control of all fixed assets, including regular audits of the fixed assets register to support compliance and reporting accuracy.
• Oversee inventory accounting, ensuring accurate valuation, recording, and controls to optimize stock levels and prevent discrepancies.
• Ensure the accurate
• recognition and reporting of revenue
• , adhering to applicable accounting standards and principles.
• Address and resolve any financial discrepancies or accounting issues promptly, adhering to agreed-upon service level agreements (SLAs) to maintain smooth financial operations.

Budget Controls

• Ensure that all transactions are following approved budgets. Provide early warning on budget overspend and produce information to allow for decision making.

Risk Management

• Conduct risk management to identify and mitigate risks including insurance and local regulatory framework.
• Develop and implement secure procedures to maintain confidential information

Tax Compliance

• Ensure the group is in compliance with all tax laws. File the returns regularly on a timely basis. Responsible for accuracy and completeness of information

Financial Reporting & General Ledger functions

• Lead each month’s FSCP and ensure course correction where necessary. Implement automation and setup Financial Statements framework on the ERP.
• Present key financial KPIs and ratios to top management on a monthly basis.
• Fixed Assets, Accounts Receivable and Accounts payable
• Oversee the accurate recording, monitoring, and reporting of the company's fixed assets. Ensure that all capitalized assets are tracked, depreciated appropriately, and aligned with IFRS standards.
• Conduct periodic reviews and reconciliations of the fixed asset ledger to confirm proper classification and valuation
• Manage the end-to-end accounts receivable process, including invoicing, collections, and reconciliation of customer accounts. Ensure timely and accurate processing of transactions, monitoring outstanding receivables, and implementing effective strategies to optimize cash flow and minimize delinquencies.
• Supervise the accounts payable function, ensuring that all vendor invoices are verified, approved, and processed for payment in a timely manner. Monitor the payment schedule to maintain strong supplier relationships, while ensuring adherence to company policies and compliance with IFRS.
• Conduct regular reconciliations of vendor accounts to maintain accuracy and resolve discrepancies efficiently.

Team Supervision

• Supervise a team of accountants, providing guidance and leadership

Resource Allocation

• Allocate resources efficiently and manage cash flows to ensure financial stability. This will include vendor management and internal stakeholder management such as procurement and Operations
• Automation and ERP implementation:
• Ensure all accounting activities are automated.
• Responsible for adopting modern processes including, for example, going paperless/digital and bring in dashboards,/Bots and AI technologies into accounting

Cost Management

• Recommend and implement cost-reducing solutions to enhance profitability by working closely with SFM, finance Director and HOD’s
• Prepare and present contract costs incurred vs Budget for Contracts for the month and contracts to date on a monthly basis
• Responsible for preparing Project Cost Accounting and reporting on Cost incurred VS budgets, Cost to complete arriving at Cost at completion of Projects.
• Present the same on monthly basis to Project Design &Development

Requirements

• :
• Bachelor Degree in Accounting
• +3 years experience in project accounting and contracting / construction company
• Chartered Accountant/CPA/ACCA
• In-depth understanding of cash flow management, Vendor and customer management liaison with banks, and bookkeeping
• Hands-on experience with budgeting and risk management
• Proficiency in accounting software ERP
• Solid analytical and decision-making skills
• Strong leadership abilities with experience managing accounting teams
• 10+ years of Proven work experience as a Head of Finance, or similar role in the field of Real estate development pr construction.