Financial Manager
Job Description
Financial Manager provides both operational and programmatic support to the organization.
Financial Manager assists the organization on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.
• Ensuring that proper books and records are kept and comply with generally accepted accounting principles and that Group policies are followed
• Ensuring full compliance with all local reporting requirements - prescribed by Company laws and/or the Regulator - including the accurate preparation and timely submission of periodic statutory reports, tax returns and annual financial statements
• Managing & controlling the monthly and quarterly close process, ensuring accurate results are reported as per Group / Regional reporting guidelines
• Providing sound financial analysis to accompany all results that demonstrate a sufficient level of understanding of the key driving factors behind the results in comparison to the budget and prior periods
• Controlling and being responsible for the Company’s financial planning process and budget management functions, under the direction of the ME CFO & General Manager, whilst ensuring that all stakeholders fully understand the financial implications of the business decisions that are set
• Leading the fiscal responsibility of the Company including the elevation of matters that should be brought to the attention of the ME CFO and or General Manager not limited to, deviations from policies, plans and/or budgets, extraordinary features revealed by the accounting records and suspected fraudulent activity
• Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets
• Ensure adequate cash flow to meet the organization’s need
• Implementing a financial control framework, including financial accountabilities and authorities to ensure that internal controls are in place to prevent and/or detect any irregularity in the safeguarding of Company assets.
• Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs. Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved, and all compliance issues are met, and the preparation of the annual financial statements is in accordance with U.S. GAAP and federal, state and other required supplementary schedules and information
• Monitor banking activities of the organization
• Assisting in setting the investment strategy of the Company and ensure its proper implementation in co-ordination with the ME CFO & Chief Investment Officer and General Manager
• Coordinate and act as the main point of contact for all other visits that are of a financial nature (e.g. tax assessments, Reserve adequacy reviews etc.) and ensure the timely implementation of all recommendations
• Ensuring full compliance will all matters related to taxation and to inform Management of tax issues as and when they arise
• Establishing and implementing short and long term departmental goals, objectives, policies and operating procedures
• Designing, establishing and maintaining an organizational structure and staffing to effectively accomplish the department’s goals and objectives.
Desired Skills & Experience
• FINANCIAL SERVICES EXPERIENCE is ESSENTIAL!!!!!!
• Fluency in English
• PC literate
• 5 - 10 years of financial experience and management experience with the day-to-day financial operations
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