Finance / Accounting Manager

1. Financial Planning and Analysis: Responsible for developing and implementing financial plans, budgets, and forecasts. They analyze financial data to make informed decisions, set financial goals, and monitor progress toward achieving them.
2. Financial Reporting: Prepare and present financial reports to the company's executives, board of directors, and other stakeholders. These reports include income statements, balance sheets, cash flow statements, and other relevant financial metrics.
3. Risk Management: Asess financial risks and develop strategies to mitigate them. This may involve managing investments, debt, and insurance policies to protect the organization from unforeseen financial challenges.
4. Cash Flow Management: Ensuring that the organization maintains sufficient liquidity and manages its cash flow effectively is a crucial aspect of the role. Finance Managers may oversee working capital, cash reserves, and payment schedules.
5. Tax Management: Responsible for managing tax compliance, optimizing tax strategies, and ensuring that the organization meets all regulatory requirements related to taxation.
6. Financial Strategy: Contribute to the development of the organization's financial strategy, which involves long-term planning and decision-making to support growth and sustainability.
7. Cost Control: Monitor and control costs across the organization to improve efficiency and profitability. This may include cost analysis, cost reduction initiatives, and cost allocation.
8. Financial Compliance: Ensuring that the organization complies with all financial laws and regulations is a critical responsibility. Finance Managers must stay up-to-date with changing financial regulations.
9. Investment and Capital Allocation: They manage investments, assess the feasibility of capital projects, and allocate financial resources to various departments and initiatives.
10. Financial Team Management: Lead the team's performance, professional development, and overall productivity.
11. Stakeholder Communication: Interact with various stakeholders, including investors, creditors, auditors, and government agencies, to provide financial information and address inquiries.
12. Decision Support: Provide financial insights and recommendations to the organization's leadership team, helping them make informed decisions related to strategic planning, resource allocation, and risk management.

Resources:

Internal Reports and Data : Utilize internal reports and data generated by the organization to analyze financial performance.

Professional Networks : Build and maintain a professional newtwork by connecting with peers, mentors for insights and opportunities of collaboration.

Economic and Market Data : Stay informed about economic trends and market trends by accessing data from government sources, financial news outlets, and economic research institution.

Leads the budget preparation, consolidates and oversees that expenditures are within the approved limits at the same time implement cost-saving plans.

Regulatory and Compliance Resources : Keep current financial regulations, tax laws, and accounting standards. Resources such as government websites, industry associations

Culture:

Acts as a role model in demonstrating FEI core values as a way of life.

Develops an environment that encourages teamwork, promotes information sharing, commitments and celebrates milestones and victories of the team.

Promotes mentoring culture to all team members and mentor next-in-line leaders.

Team:

Collaborates with other units in the processes of monitoring stakeholder needs and feedback using research tools/instruments.

Assists and concurs with other units in the identification, development, preparation and delivery of skill-specific professional development programs.

Oversees team performance, identifies high potentials to be included in the succession table and ensures that proper learning and development programs are adhered upon to ensure readiness of high potential employees

Initiates programs that promote camaraderie and team spirit.

Sets departmental objectives, team deliverables and links KRAs/KPIs with Performance Management System.

Manages team p interactions, provides timely and constructive feedback, guides the subordinates in their work, addresses performance issues, and identifies training and developmental needs of the department.

Programs and Processes :

Budgeting and Forecasting : Develop and Maintain Annual Budget

Financial Reporting

Cash Flow Management : Monitor to ensure liquidity

Cost Control and Efficiency : Analyze cost and identify areas for cost reduction

Tax Planning and Compliance : Oversee tax filing and reporting

Team Management

Decision Support to the management and all FEI different units.

Ensure Data Security and Integrity

Audit and Compliance : Coordinate Financial Audits , both Internal and External Audit. Address audit findings and implement corrective actions.

10.  Financial Strategy: Contribute to the development of FEI'S financial strategy and long-term financial planning.

Governance:

Plans, leads, organize, and oversees financial implementation in accordance with the accounting standards.

Leads in the reporting of Financial Statement to the General Manager

Institutes improvements in the accounting process and financial reporting.

Regularly reports all current activities and programs of Finance Unit to the GM and or other stakeholders as applicable.

Performs othes tasks that might be assigned from time to time.