Our client based in Lesotho is looking for a Financial Manager to oversee the financial strategy of the business and manage all assets and resources in the most efficient manner, which promotes sound financial health of the business
Duties & Responsibilities
Education and Minimum Requirements
Bachelor's Degree in Accountancy with professional accountancy qualification such as ICAG, ACCA or CIMA; must be a professional member in good standing with the SIA
Added advantage: Master Business Administration in Finance
Ten (10) years accounting and financial management experience with at least 5 years of financial management experience within a multinational manufacturing business environment
Five (5) years in country (Lesotho) financial management experience
Business leadership skills, focused with proven track record of leading a winning team
Objective and open-mindedness in dealing with issues across the business
Excellent oral and written communication skills
Analytical with strong problem-solving ability
Good reputation for professional and technical competence, achievements, high integrity and trustworthiness
A strong team player with positive attitude
Proactive, innovative and ability to adapt to changing trends
Good change management experience and willingness to work with people from diverse background and experience
Proficiency in MS Excel, Work and PowerPoint
Good knowledge in accounting software such as Syspro and SAP
Strategic planning acumen and tenacity to drive implementation
Ability to think on one’s feet
Excellent organizational and time management skills that ensure timely execution of work in appropriate manner
Be the main financial advisor of the CMT on short, medium- and long-term investment opportunities that will benefit the business.
Offer commercial orientation and perspectives to the business leadership to drive value creation throughout the business.
Focus on key strategic priorities, and create capabilities within the finance team to drive and support initiatives that will enhance the achievement of those priorities.
Coordinate the strategic plan development and support the business leadership to evaluate alternative ideas and options in that endeavor.
Help the business leadership appreciate the value chain and support initiatives which enhance leveraging of strengths across various business processes.
Provide the business leadership with key financial measures which make it easy to understand the business performance as against Group benchmarks.
Drive ownership of good cost managements practices across various functions.
To provide cost effective and efficient accounting and financial management services to the Board, Audit Committee and all key stakeholders.
Design and implement sound accounting system which ensures best practices in book keeping and accounting for all transactions.
Maintain a competent finance team that provides up-to-date and accurate information to the business at all times.
Work closely with tax authorities to ensure full compliance and minimize exposures to the business.
Promote good capex management practices and reporting as per Group Policy.
Ensure good record keeping system for the business.
Ensure proper management of the treasury functions which guarantees efficient cash management practices.
Ensure that the IT systems are adequate and support the current and future needs of the business.
Lead the supplier management drive to ensure efficiency and promote continuous production.
Design and implement a credit policy for the business, which promotes good management of accounts receivables portfolio and reduce bad debts.
Ensure efficient working capital management practices are entrenched
Promote good corporate governance practices within the business which ensure that the business remains a viable and responsible entity.
Ensure that the company has sound internal controls which are adequate to address its needs.
Practice performance management to ensure the finance team is well engaged and that proper succession planning is entrenched to promote going concern.
Provide safe and sound work environment for the finance team and support initiatives that minimizes the business risk.
Promote key external stakeholder engagements which are necessary to enhance healthy business relationships and support business continuity.
Liaise with 3rd party legal service providers to ensure that the company’s legal challenges are adequately addressed.
Ensure risk management is entrenched.
Work closely with Insurance Brokers to ensure the business is adequately covered at all time
Analyze data; financial and non-financial, so as to inform management on macro-economic trends which underpins forecasts and budgets.
Co-ordinate the budgeting process and ensure budgetary controls are maintained.
Ensure best practices of costing, pricing and inventory management are followed.
Prepare and periodically review Bill of Materials (BOM) to ensure relevance and that the variances are within acceptable specifications.
Maintain healthy relationship with CCBSA Finance and Group Finance offices to ensure the operation is abreast with current developments and reporting requirements.
Ensure that all financial statements and reports are properly and timeously prepared, communicated and distributed as required.
Alignment with the CCBSA North Region Financial Managers deliverables
Preparation of reporting requirements for engagements for board meeting, local government and key stakeholders
Provide business support services to all departments.
Runs finance literacy programmes for other departments and depot to ensure that they are in line with finance requirements.
Assign finance staff to specific departments to ensure prompt response to their requests and queries
Provide strategic leadership to the finance team.
Create opportunities for the team to participate in continuous professional development (CPD) to be abreast with current industry and professional developments.
Promote good time management and reporting excellence.
Participate in community development activities using the Finance Week celebration as a vehicle