Overview

Job Description

Job Brief:

On behalf of our Client, we are looking for a well experienced Finance Manager to join their dynamic team.  As the Finance Manager, you’ll be a key member of the Senior Management  Team, reporting directly to the Managing Director. This is not just a job; it’s an invitation to participate in groundbreaking projects, leveraging your forward-thinking approach to redefine the landscape of hospitality finance. Imagine a dynamic role where your financial expertise converges with innovation to shape the future of hospitality.

Your primary focus will be to lead in all day-to-day accounting operations, with functional responsibility for accounting, accounts payable, payroll, and grants administration in accordance with the organizational policies. You will be responsible for producing financial reports, proper maintenance of accounting records, accurate processing of financial transactions and preparation of budgets designed to mitigate business risk.

We look forward to welcoming you to the team, anticipating the incredible impact you’ll have on our client’s business!

Duties and Responsibilities:
As a Finance manager, you willl be responsible for the following duties:

  1. Management Responsibilities  
    • To liaise with Operations to understand and interpret management information to pro-actively support business activity
    • To form effective working relationships between Finance and other areas of the business
    • To influence and support the General Manager and to become the financial conscience of the company.
    • Work with the management team to identify and implement cost and sales initiatives.
    • Train accounts staff on proper IFAS’s
    • To continually review suppliers, ensuring the best price is paid through a tender process.
    • To participate in a variety of ad hoc financial scenarios as required.
    • To participate in ad-hoc needs by Management.
    • To keep up-to-date with the company’s accounting policies.
    • Align department operations with the organization’s mission, vision, and values to achieve strategic financial objectives
    • Provides financial analyses of assigned areas’ operations to assist management in making informed business decisions
  2. Accounting and Reporting Responsibilities 
    • To manage the production of key management accounts and board reports and subsequent analysis of the annual budget and monthly forecasts for all business entities of the company
    • Manage the annual budgeting process, including system maintenance and user training.
    • Responsible for monthly cash-flow forecast
    • Making sure that the G.P’s are done on weekly and monthly basis
    • To deliver accurate accounts consistent with the company’s accounting policies.
    • To ensure that all balance sheet accounts are reconciled monthly and that any material concerns are highlighted.
    • To improve financial control through shared best practice, ensuring that high standards of professional integrity are maintained.
    • To ensure ancillary services in the areas of payroll, accounts payable, inventory control and month end are delivered in accordance with company’s standards.
    • To maintain the fixed asset register for the company
    • To ensure the weekly, monthly and annual forecast is delivered within the relevant timescales, reporting any financial variances.
    • To audit and ensure compliance with all company security, including safe control and cash handling of floats and banking (including petty cash)
    • To manage the archiving material and records in line with legal and company obligations.
    • To support the validation of payroll and payroll accruals.
    • To work with the external stock takes, managing purchases to sales during the period.
    • Prepare and assist with developing audit schedules for the annual audit.
  3. Internal Control and Compliance
    • To protect the integrity of the business by the systematic application of the Company’s internal control procedures.
    • To liaise with internal and external audit staff in the performance of their duties.
    • To complete self-assessment monthly and quarterly checklists.
    • To liaise with the finance team to ensure accurate cross-billing and month end reconciliations.
    • To continually strive to eliminate avoidable costs across and deliver a quality financial service at least cost.
  4. Working Capital 
    • To manage working capital in the best interest of the company
    • To implement and ensure that the accounting policies with regard to stock taking are followed.
    • To ensure that the Company’s credit policy both in terms of granting of credit and collection of debt is in place and is adhered to throughout the company.
    • To pro-actively seek out high yielding opportunities for capital investment.
  5. People Management 
    • To lead the finance team for the hotel, ensuring that performance is monitored and that teams are motivated, trained and developed.
    • To take part in the recruitment of new staff within the finance department, as required.
    • To develop and implement departmental training plans, based on individual skills plans and career development.

Education: 

  • Completion of a recognized baccalaureate degree program in a relevant field.
  • Chartered Professional Accountant (CPA) designation required.
  • 3 to 5 years of progressively responsible leadership roles in corporate accounting
  • Previous experience in a managerial capacity within corporate finance, accounting, or budgeting is advantageous.
  • Demonstrated ability to collaborate effectively in diverse environments.
  • Computer literate with proficiency in email and Microsoft Office applications (MS Word, Excel)

Characteristics

  • Knowledgeable and accomplished professional with the ability to build credibility and trust at all levels of the organization.
  • Ability to work collaboratively and build cohesive professional teams.
  • An energetic leader committed to making a difference.
  • A leader of people and a builder of dynamic skilled teams.
  • Professional, approachable and customer-service oriented.
  • Leads by example, energized by a challenge, and will roll up the sleeves when required to get the job done.
  • Commitment to adding value to the organization, with a practical view of the big picture.

Remuneration 

MK750,000 – Gross

  • Submit your applications by Thursday, January 25, 2024, at 6pm CAT 

Expected Start date: As soon as possible

More Details
Employment Type: Full Time
Location: Lilongwe , N/A , Malawi
Experience Required: Mid-Senior Level
Date Published: 22 Jan 2024