Sr. Finance Officer

Job Summary: As a Senior Finance Officer you will play a pivotal role in managing the financial activities of the organization. Reporting directly to the Office Manager, you will be responsible for overseeing financial transactions, preparing financial reports, analyzing financial data, ensuring compliance with relevant regulations and standards, and managing tender pricing to support business development efforts.

Responsibilities:

1. Financial Reporting: Prepare, analyze, and interpret financial reports such as balance sheets, income statements, and cash flow statements. Provide insights and recommendations based on financial analysis to support decision-making.
2. Budgeting and Forecasting: Collaborate with senior management to develop annual budgets and forecasts. Monitor budget variances and provide explanations for deviations. Recommend adjustments to ensure financial goals are met.
3. Financial Operations: Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll processing, and expense management. Ensure accuracy and completeness of financial transactions.
4. Audit and Compliance: Coordinate internal and external audits. Ensure compliance with regulatory requirements and accounting standards. Implement internal controls to safeguard company assets and mitigate risks.
5. Financial Planning and Analysis: Conduct financial analysis to support strategic planning initiatives. Evaluate business performance, identify trends, and forecast future financial outcomes. Make recommendations for improving financial performance and operational efficiency.
6. Cash Management: Manage cash flow and liquidity to meet operational needs and financial obligations. Monitor banking activities and reconcile bank statements. Optimize cash utilization through effective cash flow forecasting and investment strategies.
7. Taxation: Ensure timely and accurate filing of tax returns, including corporate income tax, VAT, and payroll taxes. Stay abreast of changes in tax laws and regulations to ensure compliance and minimize tax liabilities.
8. Tender Pricing: Collaborate with business development and operations teams to prepare competitive tender pricing proposals. Conduct cost analysis, including labor costs, overheads, and other project expenses. Ensure pricing strategies align with profitability targets and business objectives.
9. Financial Systems and Processes: Evaluate existing financial systems and processes. Identify opportunities for automation, streamlining, and optimization. Implement improvements to enhance efficiency and effectiveness.
10. Financial Strategy: Contribute to the development of financial strategies aligned with organizational goals. Provide financial insights and recommendations to support strategic decision-making and business growth.
11. Stakeholder Communication: Communicate financial information, analysis, and recommendations to internal stakeholders, including senior management, department heads, and team members. Collaborate cross-functionally to achieve financial objectives.

Qualifications:

• Bachelor’s degree in Finance, Accounting or related field. Master’s degree or professional certification (e.g., CPA, CFA) is preferred.
• Proven experience in financial management, accounting, or related roles, preferably in the recruitment or staffing industry.
• Strong understanding of financial principles, practices, and regulations.
• Proficiency in financial analysis, budgeting, forecasting, and financial modeling.
• Experience in tender pricing and proposal preparation.
• Advanced Excel skills and experience with financial software/systems
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong communication and interpersonal skills.
• Ability to work effectively in a fast-paced environment and manage multiple priorities.
• Attention to detail and accuracy in financial reporting and analysis.
• Commitment to professionalism, integrity, and confidentiality.