Finance Manager at Food For Education

About the Role

The Finance Manager is responsible for overseeing the financial health of the organization by managing financial planning, budgeting, reporting, and analysis. This role involves ensuring that the company’s financial operations are efficient, compliant with regulations, and supportive of its strategic goals. The Finance Manager will provide financial insights to senior management, lead the finance team, and ensure accurate financial reporting and forecasting.

Key Duties & Responsibilities

Financial Planning and Analysis:

• Develop and maintain financial models to support budgeting, forecasting, and long-term financial planning.
• Analyze financial performance against key business metrics and provide insights and recommendations for improvement.
• Maintaining the reporting calendar, prepare and present financial report for various stakeholders, including variance analysis.
• Maintain and update the multi-year financial model with current assumptions and actuals to support financial planning and decision making.

Budgeting and Forecasting:

• Lead the annual budgeting process, working closely with department heads to ensure alignment with strategic goals.
• Identify areas for cost optimization and revenue enhancement.

Financial Reporting:

• Oversee the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP or IFRS.
• Ensure timely and accurate financial reporting to internal and external stakeholders, including investors and regulatory bodies.
• Manage the consolidation of financial statements for the organization and its subsidiaries.

Cash Flow Management:

• Monitor and manage cash flow, ensuring that the company has sufficient liquidity to meet its obligations.
• Develop cash flow projections and work with treasury functions to optimize cash management.
• Oversee the management of working capital, including accounts receivable, accounts payable, and inventory.

People Management:

• Align the efforts of the assigned team by translating the overall objectives and plans into actionable initiatives and effectively sensitizing the team on what needs to be done to ensure accountability and drive the execution of the financial plan.
• Coaching and Developing members of the team.
• Performance management for the team.

Qualifications

• Bachelor’s degree in finance from a reputable university.
• Over 10 years of experience in Finance with 5 in a management position.
• Professional qualifications form either CPA-K or ACCA.
• Conversant with ERP System {Sage}
• Strong business acumen and analytics.