Finance Manager– Hospitality at Corporate Staffing

Key aims and objectives

• Sound Financial accounting and management
• Budget Preparation
• Financial Policies & Procedures development and management
• Preparation of monthly financial reports for all the business units within the company

Responsibilities

• Assessment of the company’s performance against both the annual budget (in line with the levers of control) and the company’s approved 5-year Plan.
• Develops tools and systems to provide critical financial and operational information to the Group CFO and provides actionable recommendations on both strategy and operations.
• Put the right mechanism in place to ensure business units pays all obligations on due date, stays Cash-Flow Positive throughout the period in line with the financial indicators in the plan
• “Responsible for the seamless and real-time running of the financial reporting processes to aid speed of service delivery to both internal and external parties.
• Report the actual financial Performance and compare with the Control Levers.
• Oversee payroll budgeting, monthly payroll and all related controls. Assist in the design, implementation, and timely calculations of salaries, incentives, and bonuses and ensure adequate cash flow for payroll payments.
• Periodic Key account reconciliation and Trial Balance review
• Put the right mechanism in place to meet all Suppliers obligations on due date, stays Cash-Flow Positive throughout the period in line with the financial indicators in the plan, and Code of Business Conduct.
• Perform management duties and actively contribute to business unit’s financial, operations and strategic plans
• Organize monthly budgetary control meeting with the departments and the budget control team
• Study monthly the variances of the budgetary control to find out the causes.
• Value the variances cause impact on the business.
• Implement action plan to correct the variances.
• Ensure the departmental budgets are consistent with budget objectives and business plan.
• Check all the variances with the history and value their impact on the budget
• Develop and maintain timely and accurate financial statements and reports that are appropriate for the users (directors) and in accordance with generally accepted accounting principles (GAAP)
• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
• Ensure that all statutory requirements of the organization are met including Withholding Payments (CPP, EI), Income Tax, Goods and Services Tax, PAYE, 
• Prepare all supporting information for the annual audit and liaise with the company’s external auditors as necessary
• Document and maintain complete and accurate supporting information for all financial transactions
• Review monthly results and implement monthly variance reporting
• Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
• Assist the Group CFO with the preparation of budgets for funding applications for growth and development expansion programs
• Maintain financial records for each project in a manner that facilitates management reports
• Monitor risk management policies and procedures to ensure that program and organizational risks are minimized
• Maximize income where possible and appropriate
• Negotiate with Bank for lines of credit or other financial services as required and appropriate
• Oversee the management of all leases, contracts and other financial commitments.
• Other duties that may be assigned by the Group – CFO

Qualifications

• University Degree – University Degree in Accounting, Finance or related field, Master’s degree in related field will be an added advantage. (auditing & accounting experience is preferred) 
• Professional qualification ACCA, ICAN, ICMA, ACA, etc
• 10 – 12 years’ work experience required preferably in QSR business
• Proficiency in Excel; ERPs; Ms Dynamics Navision is an advantage
• High Integrity, utmost confidentiality level 
• Good analytical skills
• Detail-oriented with expert knowledge of (GAAP) accounting procedures and financial reporting practices
• A professional certification in accounting or a related field highly desired. 
• Budgeting and budget management experience required.
• Proven ability to analyze reports or issues and to provide appropriate recommendations required.
• Availability to perform work assignments out of the country required.  
• Sound knowledge of local law in the areas of taxation and local regulatory reporting obligations is required
• Strong knowledge of effective management practices desired 
• Knowledge of the relevant public donors’ regulations will be highly desired