Senior Finance Manager

The Senior Manager oversees and manages the financial operations of MRO, ensuring that financial targets are met and financial risks are minimized.

include managing books of accounts and subprocesses of AR, AP, GL, FA, and Inventory.

The role also ensures compliance with financial regulations and manages relationships with external stakeholders such as auditors, investors, and lenders.

al cost management

***Minimum Qualifications:***

Bachelor's degree in Accountancy, Finance, or an equivalent discipline.

Relevant professional membership/certification/license, such as Certified Public Accountant (CPA), Chartered Accountant (CA), Certified Management Accountant (CMA), or Association of Chartered Certified Accountants (ACCA)

***Minimum Experience:***

Minimum of 10 years of progressive experience in finance.

Minimum of 5 years of experience in leading the finance function with a team size of 5 or more staff members.

***Job Specific Competencies:***

1.

Qualified Accountant: This competency signifies that the Senior Manager holds a recognized accounting qualification, such as CPA, CA, ACCA, or CFA.

He/she should have a deep understanding of accounting principles, practices, and regulations.

This competency also entails staying up-to-date with evolving accounting standards, ensuring accurate financial reporting, and compliance with relevant regulations.

The Finance Manager should be able to interpret and apply accounting standards effectively, especially in complex financial transactions.

2.

In-depth Knowledge of IFRS: International Financial Reporting Standards (IFRS) are a crucial aspect of financial reporting for many organizations, particularly those with international operations.

The Senior Manager must demonstrate expertise in IFRS, understanding the intricacies and nuances of these standards.

This includes the ability to navigate complex financial transactions, mergers and acquisitions, and reporting requirements under IFRS.

Staying current with updates and changes to IFRS is essential to maintain compliance.

3.

ERP Experience: Enterprise Resource Planning (ERP) systems are integral to managing financial operations efficiently.

This competency implies that the Senior Manager should be well-versed in utilizing ERP software to manage accounting, financial reporting, and financial planning and analysis.

Proficiency in ERP systems helps streamline financial processes, maintain accurate records, and generate meaningful financial reports for decision-making.

4.

Ability to Partner with Leadership and Other Functions: Collaboration is key in the modern business landscape.

The Finance Manager should have strong interpersonal and communication skills to effectively collaborate with leaders from various departments.

This competency involves building relationships, understanding the needs and goals of other functions, and aligning financial strategies to support broader organizational objectives.

The Senior Manager should be able to contribute to cross-functional projects and initiatives, offering financial insights and guidance.

5.

Financial Analysis and Decision Support: Financial analysis is a core competency for a Senior Manager.

This involves the ability to analyze financial data, identify trends, and extract meaningful insights.

The Senior Manager should be adept at providing decision support by translating complex financial information into actionable recommendations for senior leadership.

This includes evaluating the financial impact of different courses of action and making data-driven recommendations.

6.

Strategic Thinking: Senior Manager plays a pivotal role in shaping the financial strategy of an organization.

This competency involves the ability to think strategically, assess long-term financial implications, and align financial plans with the organization's strategic goals.

Strategic thinking encompasses risk assessment, capital allocation, and evaluating investment opportunities to maximize shareholder value.

7.

Leadership and Team Development: As a leader within the finance function, the Senior Manager should possess strong leadership skills.

This competency entails guiding and developing the finance team, setting performance expectations, and providing coaching and feedback.

Effective leadership promotes a motivated and high-performing finance team that can contribute effectively to the organization's success.

8.

Regulatory Compliance: Financial regulations are ever-evolving, and compliance is crucial to avoid legal issues and financial penalties.

The Senior Manager should have a deep understanding of financial regulations relevant to the industry and geographic region in which the organization operates.

This competency involves ensuring that the organization complies with tax laws, ESG (Environmental, Social, and Governance) reporting requirements, transfer pricing regulations, and other relevant financial regulations.

9.

Ethical Judgment: Upholding ethical standards is paramount in finance.

The Senior Manager should possess unwavering commitment to ethical conduct and integrity.

This includes promoting ethical behavior within the finance team and across the organization, making ethically sound financial decisions, and ensuring compliance with ethical guidelines and codes of conduct.

10.

Risk Management: Given the role's responsibility for financial operations and compliance, a strong understanding of risk management is critical.

This includes identifying financial risks, implementing risk mitigation strategies, and maintaining a robust internal control framework to safeguard the organization's assets and financial integrity.

11.

Communication and Presentation Skills: Effective communication, both written and verbal, is essential for conveying complex financial information to diverse audiences, including senior leadership, board members, and external stakeholders.

The ability to present financial data in a clear, concise, and persuasive manner is vital.

12.

Crisis Management: Senior Manager should be prepared to respond to financial crises or economic downturns.

Competency in crisis management involves developing contingency plans, assessing financial resilience, and making prudent financial decisions during challenging times.

13.

Data Security and Privacy: With the increasing importance of data security and privacy, Senior Manager should be aware of data protection regulations and best practices for safeguarding financial information.

This includes ensuring compliance with data privacy laws and implementing security measures to protect financial data.