Job Scope:
The Finance Manager is responsible for overseeing the entire spectrum of finance and accounting including steering the financial direction of the business, strategic financial planning and management of financial resources. S/He supports the stakeholders by providing timely MIS reporting and developing budgets maintaining healthy working capital requirements to run the business efficiently.
Main Duties and Responsibilities:
Technical and Operations
- Secure the financial health and stability of the company
- Oversee the overall accounting processes ensuring that proper books of accounts are maintained for effective financial control in accordance with corporate standards and local statutory requirements
- Conceptualize a smooth and efficient recovery plan to ensure that all debts are collected in a timely manner and coordinate with the sales and legal departments on credit actions
- Develop financial business modules based on need using adequate tools to assess project costs, profits and risks
- Oversee the annual budget preparation and periodic forecasts and prepare periodic financial analysis of the company financial situation supporting management decision
- Standardize accounting schedules and implement quality review processes
- Prepare and implement various accounting treatments as per IFRS
- Develop and review accounting policies and procedures to ensure compliance with IFRS
- Identify opportunities for optimizing financial and accounting operations and systems, consolidate operating improvements and processes at departmental level and drive the transformation with the IT department
- Ensure the timely preparation of monthly, quarterly and annual financial statements for the company and its related subsidiaries in compliance with IFRS and/or other guiding principles
- Lead and participate as the key finance stakeholder in cross functional teams
- Implement and drive the core financial processes and reporting activities including annual operating plans, long term plans and quarterly business reviews
- Lead ad hoc financial analysis and root cause investigations
- Oversee the accurate and timely reporting of government taxes
- Monitor financial performance indicators, analyze trends and causes on unexpected variances
- Oversee the company's regulatory and reporting requirements and implement risk mitigation strategies
- Coordinate with the top management on the treasury/cash flow requirements of the group
- Liaise with the Legal Department and auditors to properly establish new entities for the company in other countries
- Oversee and ensure compliance with local/international laws and Midis code of conduct
Talent Development
- Ensure that human capital and capabilities are aligned with the company HR strategy at a departmental level
- Act as an agent of change and challenge departmental structures and processes to accompany change initiatives
- Lead and coach the team cultivating empowerment and ownership
- Develop capabilities and secure a solid succession plan
Qualifications
- Bachelor's degree or higher in Finance or related field 5 - 7 years of relevant experience
- Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
- Detail-oriented and analytical
