Job Objective/Purpose

The primary purpose of this role is to lead and coordinate Budgeting, Reporting, and Analysis activities, which will contribute to the overarching business objectives and aid the organization in achieving its goals.

Key Responsibilities

Budgeting and Forecasting

• Lead the development and implementation of annual budgets, working closely with department heads to ensure alignment with organizational strategy.
• Coordinating budget training and consolidation of the organization’s budget.
• Oversee the forecasting process, analyzing financial data to identify trends and provide insights into potential risks and opportunities.

Financial Reporting

• Manage the preparation and presentation of monthly, quarterly, and annual financial reports for internal and external stakeholders.
• Ensure financial statements comply with accounting principles and regulatory requirements.
• Coordinate internal and external financial audits.

Team Leadership and Management

• Supervise and mentor a team of finance professionals, providing guidance and support in day-to-day activities and professional development.
• Foster a collaborative and high-performance work environment within the team.
• Strategic Financial Analysis
• Conduct in-depth financial analysis to support strategic decision-making, including cost-benefit analysis, variance analysis, and scenario planning.
• Collaborate with cross-functional teams to provide financial insights and recommendations.
• Business Process Improvement
• Identify and implement process improvements to enhance the efficiency and accuracy of budgeting, forecasting, and reporting processes.
• Stay abreast of industry best practices and technological advancements in financial planning and reporting.

Compliance and Risk Management

• Ensure compliance with relevant financial regulations accounting standards and company policies.
• Mitigate financial risks by implementing effective control measures and monitoring financial activities.

Fixed Asset Management

• Develop processes and implement policies and procedures for the acquisition, depreciation, and disposal of fixed assets.
• Collaborate with cross-functional teams to track and report on the performance of fixed assets, and ensure physical assets are reconciled to the fixed asset register.

Personal Specifications

• Bachelor’s degree in finance, accounting, or a related field. An advanced degree or certification is an added advantage
• Professional certification CPA, ACCA, or CFA
• Minimum of 5 years of experience in finance, with a focus on budgeting, forecasting, and financial reporting
• Strong analytical and strategic thinking skills, with the ability to translate financial data into actionable insights
• Excellent communication and presentation skills, with the ability to convey complex financial information to non-financial stakeholders
• Proficiency in financial modeling and advanced knowledge of financial software and ERP systems, knowledge of Oracle is a plus.