Financial Manager

Purpose of the Job:

Responsible for managing, planning & executing the financial functions of the company, providing financial advice and support top management in financial decision making

Key Responsibilities:

 

• Establish and implement short and long-rang department goals , objectives polices and operations procedures
• Develop evaluate and coordinate the financial programs and supporting information system of the company to include budgeting, tax planning & asset management  .
• Establish and maintain appropriate internal control safeguard
• Controlling the approvals and processing of revenue, expenditure, department budgets, mass salary updates and profits, and account maintenance.
• Ensure financial records systems are maintained in accordance with departments standards
• prepare the financial statement, financial reports, special analysis and information reports.
• Monitor costs rates within the industry rates
• Keep a continues updates of the industry financial practices and news in order to leverage the company financial performance at the upmost position within the industry average  
• Analyze cash flow , cost controls and expenses to guide business leaders
• Examine financial statement to pinpoint potential weakness areas  
• Evaluate the overall finical position of the company & assesses risk of all financial transactions executed.
• Interact with managers to provide consultative support to financial planning initiative   through financial  analyses , report and recommendations
• Examine ,evaluate and processes treasury applications
• Raises capital as needed by company
• Compile financial data as required from CEO and governmental entities
• Review audit reports of internal and external auditors in order to monitor  adequacy of scope of reports or to discover specific weakness  in internal routines  
• Revise collections reports to determine the status of collections and the amount of outstanding balances.
• Implement company`s policies , procedures and practices concerning granting or extending lines of credit and commercial loans
• Establish and maintain strong relationships with banks and investors
• Provide oversight of the expenditures of funds and ensure that fund are expended according to company`s requirements
• Analyze investments and fund options , make recommendations for fund procurement  .
• Evaluate data in order to prepare budget
• Works with employees and management to ensure financial system is place which ensure that all major risks are identified and analyzed on an annual basis
• Perform all tasks related to finance staff , interviewing , evaluations and all other corrective and disciplinary actions