Manager, Finance Department 16 views

POSITION DESCRIPTION

Job Title: Manager, Finance Department

Department: Office of the Finance Department

Reports to: Director of Resource & Services

Supervises

• Head, Budget Division
• Head, Cost Division
• Head, Disbursement and Collection Division

JOB SUMMARY

Finance Manager, with the supervision of the Director of Resource & Services , is responsible for financial management and reporting aspects of the business unit. The manager is responsible to Plan, organize, directs, coordinate and supervise the finance management and financial reporting activities of the business unit. The manager is expected to play a key role in ensuring that all financial transactions are in line with the country’s law and the company’s rules and procedures.

ROLE AND RESPONSIBILITIES

1. Plans, organizes, leads, coordinates, and supervises the activities of the department.
2. Prepare periodic reports and budgets concerning the activities of the department and share for respective bodies for information and further action as required.
3. With the approval of CEO, General Manager or Director, she/he opens& operates bank accounts of the business unit.
4. Develops good working relationships with key financial stakeholders such as bankers, auditors and tax authorities for the benefit of the company,
5. Monitors and supervises the business unit’s financial condition through the proper mplementation of accounting systems,
6. Provides an interpretation of financial information and determine the position of the business unit by analyzing the performance relative to competitors
7. Lead the establishment and maintenance of proper Accounting Information Systems in order for other divisions in the business unit to get information of their requirements,
8. Manages fund utilization (Reviewing, Approving, effecting payment) according to budget
9. Prepares and submits financial report to internal and external stakeholders as needed
10. Facilitate external audit services, at the end of each fiscal year, in order to get opinion on fair presentation of business unit’s financial position. Date: October 27, 2026
11. Provide technical assistance to other departments to strengthen their financial management awareness and to ensure their compliance with established rules.
12. Manages the business unit’s cash flow in order to ensure availability of optimum cash,
13. Works with internal and external auditors to facilitate their functions,
14. Trains and develops staff of the department,
15. Reviews cost reduction opportunities open to the business unit and propose for its implementation,
16. Ensures treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls,
17. Prepares and submit periodic performance reports of the department,
18. Ensures the periodic preparation of financial statements reports in accordance with the current reporting frameworks.
19. Analyze the financial performance of the business unit relative to its past performance, projected performance, competitors’ performance, and industry average.
20. Oversees proper management of the business unit’s cash flow in order to ensure liquidity.
21. Ensure the establishment proper accounting information system that can track performance and enable senior management to follow up financial performance on regular basis
22. Undertakes risk management activities to protect the business unit’s financial well-being.
23. Initiates the development of financial policies, procedures, formats and norms applicable in the business unit and in the business group
24. Analyzes financial performance and advises management on its implication together with possible course of action
25. Reviews cost reduction opportunities open to the business unit and propose for its implementation,
26. Performs other similar tasks as assigned by the immediate supervisor

POSITION REQUIREMENTS

Education: MA/BA in Accounting and Finance/ Management or related fields

Experience: 8/10 years of experience, with at least 3/4 years of experience in managerial positions in real estate business

Additional Training:

• IFRS or ACCA Training Certificate

Technical Skills/Competencies/ Personal attributes

• Demonstrate commitment to the vision, mission, core values, aims and principles of the company.
• Time management and Attention to detail,
• Knowledge of the company’s internal policies and procedures and
• Good understanding of international accounting systems, concepts, standards, and principles
• Ability to maintain confidentiality and foster trust and respect
• Being self-motivated and highly organized, detail oriented
• Being flexible and able to work well under pressure
• Having strong desire and skills to work with other as a team
• Having dependable research skill