TREASURY/ FUNDS MANAGEMENT
- Monitoring and supervision of cash flows, ensuring that sufficient funds are available to meet ongoing operational and capital investment requirements
- Investment of surplus funds in profitable schemes keeping in view the maturity and yield of investments.
- Forecasting and estimations of cash flow positions, related organization’s needs and available funds for investment
- Oversee the investment of funds, manage associated risks, supervise cash management activities, and execute capital-raising strategies to support the firm's expansion.
BUDGETING & FINANCIAL ANALYSIS
- Preparation and formulation of monthly analysis of revenues and operational expenses against the budget and prior year and recommendations for consideration of higher management and stakeholders.
- Establishing of developmental and operational company's budgets.
- Report to management on variances from the established budget, and the reasons for those variances
- Interpret the company's financial results to management and recommend improvement activities
- Create additional analyses and reports as requested by management
- Analysis of changes in cash flows, forecasting and estimation of future trends and formulation of recommendations and proposals for higher management.
- Prepares financial and business related analysis and research.
- Draft consolidated forecasts and budgets and analyzes trends in revenue, expense, capital expenditures and other related areas.
- Summarize and forecast on the state of the company's financial affairs.
- Preside over budgets to set and meet goals.
FINANCIAL ACCOUNTING AND REPORTING
- Preparation of company’s accounts in accordance with International Accounting Standards (IAS) and other applicable laws and regulations.
- Implementation and improvement of existing accounting and internal control policies and procedures.
- Preparation and submission of monthly financial accounts to management.
- Maintenance of fixed assets register of company’s assets.
- Maintain a documented system of accounting policies and procedures
- Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
- Ensure that all statutory requirements of the company are met regarding taxation, audit, employees social security, corporate governance etc.
- Prepare all supporting information/ material for the annual audit and the external auditors as necessary