Finance Manager

Purpose of the job

• The holder of this job shall maintain the financial health of the organization, produce financial reports and develop strategies based on extensive financial research.
• This position shall also contribute to guiding senior positions in making crucial business decisions in both the long and short term.

Accountabilities and Duties

• Provide financial reports and provide interpretation of financial information to managerial staff
• Coordinate with departments across the organization and advise on investment opportunities and provide strategies that the organization should follow
• Analyze costs, pricing, variable contributions, sales results and the organization’s actual performance compared to the business plans
• Conduct reviews and find solutions for cost-reduction opportunities
• Oversee operations of the Finance Department, set goals and objectives, and design a framework for how those are to be met
• Responsible for the preparation of the organization’s budget
• Maintain a documented system of accounting policies and procedures
• Responsible for forecasting cash flow positions and available funds for investment
• Ensure that sufficient funds are available to meet on going operational and capital investment requirements
• Report to management on variances from the established budget, and provide the reasons for those variances
• Engage in on-going cost reduction analyses concerning all departments of the organization

Key Results Areas

• Accurate financial reports
• Sufficiency of funds
• Proper forecasting of cash
• Effective cost reduction