Finance Manager – Multifab

Responsibilities:

1- Financial Reporting:

– Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements

– Ensure timely and accurate financial reporting, adhering to relevant accounting standards and regulations

2- Budgeting and Forecasting:

– Collaborate with management to develop annual budgets and financial forecasts

– Monitor budget performance and provide variance analysis to identify areas of concern or improvement

3- General Ledger Management:

– Oversee the maintenance of the general ledger and ensure the accuracy of all financial transactions

– Review journal entries and account reconciliations to guarantee the integrity of financial data

4- Accounts Payable and Receivable:

– Supervise accounts payable and accounts receivable processes, ensuring timely and accurate processing of invoices and payments

– Monitor outstanding receivables and coordinate collections efforts as necessary

5- Cost Accounting:

– Implement and maintain a cost accounting system to accurately track manufacturing costs and product profitability

– Analyze cost data to identify cost-saving opportunities and improve operational efficiency

6- Internal Controls and Compliance:

– Establish and enforce internal controls to safeguard company assets and prevent fraudulent activities

– Ensure compliance with relevant accounting principles, tax regulations, and financial reporting standards

7- Financial Analysis and Decision Support:

– Provide financial analysis and insights to support strategic decision-making by management

– Assess the financial impact of potential investments, projects, or operational changes

8- Team Management:

– Supervise and lead the accounting team, providing guidance and support to foster their professional development

– Conduct performance evaluations and ensure the team’s productivity and effectiveness

9- Audit Coordination:

– Collaborate with external auditors during the annual audit process and respond to audit inquiries

– Implement recommendations from auditors to enhance financial controls and reporting

– Check banks’ reconciliations on periodically

– Audit VAT calculations on monthly prior to payments and reporting

10- ERP Systems and Process Improvement:

– Utilize and optimize the company’s Enterprise Resource Planning (ERP) system for efficient financial operations

 – Identify process improvement opportunities to streamline accounting workflows and enhance accuracy

Job Details

Preferred Candidate