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Job Description
- Develop policies and procedures, manage development projects as required and sign of changes proposed by subordinates/others, to support the ongoing development of accounting provision and standards
- Oversee the preparation of monthly Financial reports to ensure compliance with integrated forms provided by the regional office; review, analyze and discuss them with the Country Manager before submission to the regional office
- Ensure proper funds are available to run the operation, including proper cash flow management (on daily basis) and forecast to be able to identify ahead of time the Financial needs by amount and by type (Over Drafts, CIL, Term Loans, LGs, SBLCs, FOREX)
- Monitor hedging activities to ensure compliance with Group Treasurer recommendations always
- Update and maintain currency needs by monitoring the Purchase Orders placed by the Brand/Shop Managers and cover outstanding currency exposure, if any
- Manage payments/transfers to the suppliers to ensure they are executed on time (according to the franchise agreement or any other agreed upon terms), and notify the suppliers accordingly by sending swift copies of transfers
- Develop Financial reports, review and coordinate contributions of the team, encourage implementation of recommendations and manage to deliver results to quality, time and budget objectives
- Prepare the annual budget and business plan of the department
- Assist external auditors and tax investigators through the provision of required/ relevant data and/or Financial policy explanation to ensure compliance with the tax regulations and laws affecting the business; consult with tax Advisors, preferably the assigned auditor, in order to be up to date with newly published laws
- Recruit, train, motivate and evaluate his / her team to ensure that the department has the necessary skill base and that staff are optimally motivated and enabled to maximize their potential and contribution to the company
Job Requirements
- 8+ years of experience in a similar field
- Proficiency in MS Office
- Fluency in English
- Bachelor’s Degree in Business Administration with emphasis on Accounting or Finance; MBA or CPA is a plus
