Senior Finance Officer at Reputable Company

A regional based recycling and composting company is looking to hire eligible applicant with the below qualities to fill the role of a Senior Finance Officer.

JOB TITLE:  SENIOR FINANCE OFFICER

Location:  WA/TAMALE/NARELUGU/MANKESSIM/TAKORADIE/KUMASI



Posted on:  August 16, 2024 



Closing Date: August 30, 2024



ROLE PURPOSE:



The Senior Account Officer will play a crucial role in managing financial operations, accounting processes, and regulatory compliance for the companies’ transactions. 



REPORTS TO:     OPERATIONS MANAGER 



KEY RESPONSIBILITIES:



Financial Management:



Oversee day-to-day financial operations, including accounts payable, accounts receivable, and general ledger activities.

Monitor cash flow, prepare cash forecasts, and manage banking relationships to ensure sufficient liquidity for business operations.

Review financial statements and reports to identify variances, trends, and opportunities for improvement.

Budgeting as part of the responsibilities

Stakeholder Management- Financiers, GRA, SSNIT, Banks, Sponsors





Financial Accounting:



Lead the accounting processes for all transactions, including acquisition, retirement, and sale, in compliance with relevant accounting standards and regulations.

Ensure accurate and timely recording of all transactions, reconciliations, and financial reporting for internal and external stakeholders.

Collaborate with cross-functional teams to streamline processes and improve efficiency in accounting procedures.





Financial Reporting and Analysis:



Prepare monthly, quarterly, and annual financial reports, including income statements, balance sheets, and cash flow statements, to support decisionmaking and strategic planning.

Conduct financial analysis and variance analysis to identify key drivers of performance and provide insights for business optimization and growth.

Assist in budgeting and forecasting processes, providing financial projections and recommendations to management.





Audit and Compliance:



Coordinate internal and external audits of financial statements and processes, ensuring compliance with accounting principles, regulations, and company policies.

Develop and maintain documentation of accounting policies, procedures, and internal controls to support audit requirements and regulatory compliance.

Stay updated on changes in accounting standards and regulations as well as providing guidance and recommendations for implementation.





Team Leadership and Development:



Supervise and mentor junior accounting staff, providing guidance, training, and support to foster their professional development and growth.

Foster a collaborative and high-performance team culture, promoting teamwork, accountability, and continuous improvement.

Lead by example in demonstrating commitment to the company's mission, values, and ethical standards.







KNOWLEDGE AND SKILLS REQUIRED:



1st Degree in Finance / Accounting /Commerce or related field.

Master’s degree in Finance/ Commerce/ Management is an advantage.

Part or full membership of ICA/ ACCA/ CIMA professional qualification is an advantage

5+ years of experience in accounting, finance or commerce.