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Finance Manager

xagroup · 30+ days ago
Negotiable
Full-time
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At the XA Group, we are seeking a highly experienced Finance Manager with a background in Big4 accounting firms and ACCA certification (desirable) to join our team. The Finance Manager will oversee all financial aspects of the organization, including budgeting, monthly reporting, projections, departmental budgeting, internal audits, and reporting. Additionally, the candidate will be responsible for other industry-specific responsibilities pertinent to our organization. The ideal candidate will have extensive experience in finance, excellent analytical skills, and the ability to communicate effectively with various stakeholders.

Responsibilities:

  • Develop and maintain annual budgets in collaboration with department heads and senior management.
  • Monitor budget performance and provide regular reports to management.
  • Identify areas of improvement and make recommendations for cost-saving measures.
  • Prepare accurate and timely financial reports for management review.
  • Analyze financial data and provide insights to support decision-making.
  • Ensure compliance with regulatory requirements and internal policies.
  • Develop financial projections based on historical data and market trends.
  • Collaborate with key stakeholders to validate assumptions and refine projections.
  • Monitor actual performance against projections and adjust forecasts as necessary.
  • Work closely with department heads to develop departmental budgets aligned with organizational goals.
  • Provide guidance and support to departmental managers in budget preparation and tracking.
  • Conduct regular reviews to ensure adherence to budgetary guidelines.
  • Plan and execute internal audits to assess financial controls and compliance.
  • Identify areas of risk and recommend corrective actions to mitigate them.
  • Prepare audit reports and communicate findings to senior management.
  • Generate ad-hoc financial reports as requested by management.
  • Present financial information in a clear and concise manner to facilitate decision-making.
  • Collaborate with external auditors and regulatory agencies as needed.
  • Manage cash flow to ensure the organization's liquidity needs are met.
  • Forecast cash requirements and optimize cash utilization.
  • Implement strategies to mitigate cash flow risks.
  • Identify and assess financial risks facing the organization.
  • Develop risk management strategies and policies to mitigate financial risks.
  • Monitor risk exposure and recommend appropriate actions.
  • Contribute to the development of financial strategies aligned with organizational objectives.
  • Provide financial insights and analysis to support strategic decision-making.
  • Evaluate investment opportunities and assess their financial viability.

Requirements:

  • Bachelor’s degree in finance, Accounting, CPA or related field; ACCA certification desirable.
  • Minimum of 10 years of experience in finance, with significant experience in Big4 accounting firms.
  • Proven track record in financial management and analysis.

Last updated on Oct 21, 2024

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