Lifegain
The Finance manager position is accountable for the Finance and administration functions of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
Duties
Assist in formulating the company’s future direction and supporting tactical initiatives;
Monitor and direct the implementation of strategic business plans;
Develop financial and tax strategies;
Manage the capital request and budgeting processes
Develop performance measures that support the company’s strategic direction.
Participate in key decisions as a member of the executive management team
Maintain in-depth relations with all members of the management team
Manage the accounting, tax, and treasury and administration functions
Oversee the financial operations of the company
Manage any third parties to which includes accounting, or finance functions have been outsourced (Auditors and all consulting jobs)
Oversee the company’s transaction processing systems
Implement operational best practices
Oversee the issuance of financial information
Report financial results to management, board of directors and to the regulators timely
Corporate Budgeting
Lead external audit process
Understand and mitigate key elements of the company’s risk profile as it relates to the finance function
Monitor all open legal issues involving the company in liaison with the legal team to ensure company is not exposed.
Construct and monitor reliable control financial systems
Maintain appropriate insurance coverage for all items that need to be insured
Ensure that the company complies with all regulatory requirements
Ensure that record keeping meets the requirements of regulators and also external auditors
Report financial related risk issues to the audit committee of the board of directors
Maintain relations with external auditors and investigate their findings and recommendations
Provide monthly collection/liquity targets to Credit on all liquidity organisation team
Monitor Cash Balances and Cash Flow Forecasts on ongoing basis
Arrange for Debt Financing and Equity Financing facilities where needed
Ensure cash flow is appropriate for the organization’s operations
Decide on investment strategies by considering cash and liquidity risk before Funds are invested
Preparation of Monthly/quarterly management reports and presentation of the results to the CEO and management
Financial Reports
Ensure the end of year Financial Audit Report is concluded within 3 Months after the reporting period end
Reporting to the Board and relevant committees
Requirements
2-3 years work experience in a Micro- Finance Sector in a similar role
Grade 12 School Certificate with 5 credits including English and Mathematics
Bachelor’s degree in accountancy/finance
ACCA/CIMA qualification and membership with ZICA
Should be below 35years of age