This job is no longer available
• Ensure preparation of financial accounts, detailed budgets and financial plans on a composite and unitary basis for approval from GM/CEO and distribute the same to all departments for effective implementation.• Review and compare results with approved budget levels and analyse deviations. Investigate variances with managers and recommend remedial actions where necessary • Ensure development and implementation of Financial and Accounting policies, procedures and systems and advice top management (GM / CEO) and senior managers on the interpretation and implementation of these policies. Financial Statements and Accounts.• Ensure preparation of financial statements and books of accounts of the group as per set accounting standards.
Direct resources and define timelines to ensure timely and accurate collection, consolidation and effective presentation of Company accounting and audit information for review to Senior Management monthly and quarterly meetings.
Budgeting & Cost Control: • Ensure preparation of the finance and accounting department budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential performance improvement opportunities are capitalised upon. • Also control and monitor various department budget and provide regular feedback on the performance to the departmental heads and the management • Develop Capital Budget, in consultation with GM/CEO and manage forecast and perform / provide inputs on financial feasibility of all capital investments. Cash Flow/ Working Capital Management: • Monitor and direct the preparation of daily cash flow and working capital statements, Utilisation of cash for procurement and assess budgeting impact on cash flow. • Effective management of recoverable / credit with special emphasis from retail perspective.
• Ensure effective systems and processes are developed and implemented to manage risk associated with both the businesses – Retail and Real Estate (from Insurance perspective in particular)
Candidate Profile: Qualified Chartered Accountant (CA), Degree in Finance or Accounting; MBA in Finance with a professional Accounting qualification e.g. ACA, CPA, or ACCA
Job-Specific Skills: Financial, Accounting and budgeting skills, Communication, team management and presentation skills, People management