Commercial Financial Manager at SMEC

Key Responsibilities

• MTD & YTD Performance Reporting
  • Should be able to review and approve PPR for Subsidiaries and SMEC International with the Corporate Financial Manager's approval.
  • Should ensure that transactions as per PPR are true and correct.
  • Should be able to review PPR with the Operation Manager & Functional Managers.
  • Should ensure all required journals are booked and all journals that require rebooking are rebooked.
  • Should adjust PPR results with Update IS for FX rates, FWD Rate adjustment, and bad debt provisions.
  • Should be able to develop their financial models and to achieve this. (Obtain financial data from our database and export into PowerBI).
  • Should develop automated reports as requested for analysis. (Migrate to PowerBI where possible)
  • Obtain list and values of projects replanned during the year (Obtain this from the system over the years)
  • Must be able to prepare Monthly Flash Report and develop own table to report in line with group report and Migrate to PowerBI
  • Must ensure timesheets are booked on time.
  • Must prepare monthly reports on time.
  • Utilisation report (Migrate reporting to PowerBI). Analyse. Update employee information to be allocated to correct codes.
  • Should clear timesheet clearing account monthly.
  • NWW analysis (Migrate reporting to PowerBI) and WIH analysis (Migrate reporting to PowerBI)
  • Must be able to close projects.
  • Must Complete Ad-Hoc reports as requested by supervisor and management.
• Debtors and WIP
  • Must obtain updates for Material Aged Debtors from the Operation Manager and Regional Managers.
  • Should be able to obtain updated comments for high-risk WIP.
  • Obtain comments for WIP+200K and Debtors+60days.
  • Review comments for reasonableness, accuracy, and appropriateness
  • Check if PM/OM/RM are delivering on their actions/promises from prior months.
  • Review long outstanding debtors/WIP for write-off
  • Update the debt &WIP provision monthly.
  • Should be able to reconcile progress to fees earned at a detailed project level.
  • Prepare a forecast for bad debt provision and identify significant debt that will reach 4+ years outstanding.
  • Must analyze the debt for recoverability by reviewing each invoice as per the invoice aging listing.
  • Prepare Debt and WIP monthly report: Actual, Budget vs Forecast.
  • Should be able to prepare provisions for bad debt, prepare provisions for WIP, and Prepare for bad debt w/o
  • Migrate WIP & Debt Reports to PowerBI
• Budgeting and forecasting
  • Must be able to prepare an annual budget.
  • Should be able to prepare quarterly forecasts.
  • Should be able to Liaise with the Operation Manager, Regional Manager, Functional Managers, and Regional Director to obtain inputs for the budget (Forecast/WIP/OH).

Key Qualifications and Experience

• Must have 3 years’ experience as a manager in the same position.
• Must have CPA (K) Qualifications
• Must have Proficiency in Data Management/Mining
• Preferred knowledge in Python/SQL/System implementation experience/SAP Experience.
• Must have exceptional knowledge and Experience in Excel and Finance Skills IF, Embedded IF, INDEX, MATCH, HLookups, VLookup, SumIFs, Macros, and visual basic Pivot.
• Must have strong Analytical, critical, problem-solving, math, team players, speaking truth to power, project management, driver, and tech languages.
• Must be familiar with the use of Reporting systems.
• Must be able to Coordinate with the system team/GSS and Group Finance.
• Must have strong communication and collaboration abilities.
• Must have the ability to work in a fast-paced environment and manage multiple projects simultaneously.