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Finance Executive JD
Finance Executive JD
Financial managers also do tasks that are specific to their organization or industry
General Responsibilities:
Provide support to Operations group, through information analyses (e.g. current
processes, actual performance vs. budget and prior year, budget, etc.), preparation of
operational data/analyses for publication to various constituents throughout company
(Management, Sales, Product Management, Operations, etc.) who rely on/benefit from
the information to make informed business decisions. Primary responsibilities will
include assisting Operations team in the Monthly Operations Review, identification
of areas for cost reductions and operational improvements, annual budget process,
periodic forecasting, and periodic analysis of operations performance.
Prepare monthly analysis of cost of food sold and operational expenses against prior
year and budget, providing explanations and business solutions to help mitigate the
risks.
Partner with Product Management and Purchasing Team in determining financial impact
due to product cost reductions, new product roll out, etc. and prepare periodic forecasts to
update management on projected results.
Analyze financial performance against key business metrics and document pertinent
financial highlights that will enable management to determine progress against budgets.
Fulfill responsibilities under OHSAS 18001, understand and fully support OHSAS 18001
system.
Advising on investment activities and provide strategies that the company should
take maintaining the financial health of the organization.
Analyze costs, pricing, variable contributions, sales results and the companys actual
performance compared to the business plans.
Oversee operations of the finance department, set goals and objectives, and design a
framework for these to be met.
Represents the finance department on the daily department heads meeting with the
general manager.
If any imbalance or difference found on the ledger then co-ordinate with the team to
resolving the same.
Follow up 30 days after the initial billing if payment has not been received.
Enters invoices into accounts payable system weekly after verifying a purchase
order was received from Supply Chain and obtaining General Manager's approval.
Forecasting cash payments and anticipating challenges arising from limited cash
flow.
Ensuring that cash flows are adequate to allow business units to operate effectively.
Maintain banking relationships and negotiating loans and merchant services for
business units.
Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
Working with executives and business heads to prepare budgets and track profit /
loss performance by business unit.
Requirements
Proven experience as a Financial Manager
Experience in the financial sector with previous possible roles such as financial
analyst
Extensive understanding of financial trends both within the company and general
market patterns
Able to manage, guide and lead employees to ensure appropriate financial processes
are being used
Analytical skills. Financial managers increasingly are assisting executives in making decisions
that affect their organization, a task for which these managers need analytical ability.
Communication skills. Excellent communication skills are essential because financial managers
must explain and justify complex financial transactions.
Detail oriented. In preparing and analyzing reports such as balance sheets and income
statements, financial managers must pay attention to detail.
Organizational skills. Financial managers deal with a range of information and documents and
so must stay organized to do their jobs effectively.