Job Description

• Manage funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. • Ensure all the administrative task of the office and business is up to date • Maintain a documented system of accounting policies and procedures • Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions • Maintain banking relationships • Arrange for equity and debt financing • Manage the preparation of the company's budget • Report to management on variances from the established budget, and the reasons for those variances • Assist management in the formulation of its overall strategic direction • Engage in ongoing cost reduction analyses in all areas of the company • Review the performance of competitors and report on key issues to management • Interpret the company's financial results to management and recommend improvement activities • Review company bottlenecks and recommend changes to improve the overall level of company throughput • Compile key business metrics and report on them to management • Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis • Oversee the extension of credit to customers • Recording daily accounting document • Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs • Plan, modify, develop and implement the record keeping and accounting systems • Prepare, examine and analyze accounting records, financial statements and any related reports to evaluate accuracy, comprehensiveness and conformance to reporting and procedural standards • Supervision of the execution of financial accounting systems, credits and banking affairs, insurance and the ministry of finance; • Prepare monthly analysis of cost of goods sold and operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks • Handle and manage all activities and reports regarding payments, taxes, VAT, bank accounts, salaries, insurance, social security, etc. • Develop, control and report on budgets and preparing periodic and occasional reports on them, especially analytical reports to help the management in developing strategies and prioritizing activities and investments • Prepare balance sheets, statements, financial ratios, etc. • Plan, control, audit and analyze financial records and report on stores and branches • Control and report physical assets inventory • Provide internal and external audit services for businesses, individuals, branches or shareholders • Analyze business operations, trends, costs, revenues, profits, financial commitments and obligations and plan and project future performance and provide advice • Preparing sales reports seasonally and registering tax incurred costs