Financial Manager Job Job Details | O&L

PURPOSE OF POSITION

The Financial manager position is dedicated to delivering world-class finance and accounting services across multiple and diverse operations. It ensures accuracy, timeliness, and completeness of financial information, supporting the Group's vision and strategic objectives by providing reliable and value-added financial services.

QUALIFICATIONS & EXPERIENCE

• Post Graduate qualification in Finance or Accounting.
• Professional registration (CA).
• 10 years experience of which 5 years are at a Senior Leadership Level.
• Strong knowledge of financial and accounting principles, including IFRS and relevant regulatory requirements.
• Excellent analytical, strategic planning, and communication skills.
• Demonstrated leadership and team management abilities.
• Experience with financial modelling, forecasting, and risk management.
• Excellent communicator and great networking and people skills.

KEY ACCOUNTABILITIES

Day-to-Day and Management Accounting:

• Transactional Accounting:
  • Processing and recording daily financial transactions.
  • Managing accounts payable and receivable.
• Management Reporting:
  • Preparing monthly management accounts.
  • Providing financial insights and analysis to support business decision-making.

Financial Reporting:

• Periodic Reporting:
  • Preparing monthly, half-year, and year-end financial reports.
  • Reporting to Corporate Finance as per established timelines.
• Annual Financial Statements:
  • Preparing annual financial statements in compliance with accounting standards.
  • Coordinating external audits and ensuring timely completion.

Compliance and Regulatory Requirements:

• Tax Compliance:
  • Ensuring compliance with all tax regulations.
  • Preparing and submitting tax returns and other statutory submissions.
• Regulatory Reporting:
  • Managing compliance with other statutory requirements and submissions.

Cash Flow Management:

• Liquidity Management:
  • Monitoring and managing the Groups cash flow to ensure liquidity.
  • Preparing cash flow forecasts and reports.
• Banking Relationships:
  • Managing relationships with banks and financial institutions.
  • Negotiating and managing credit facilities.

Payroll Management:

• Monthly Payroll Review:
  • Reviewing and approving monthly payroll.
  • Ensuring compliance with payroll-related statutory requirements.

Budgeting and Forecasting:

• Annual Budgeting Process:

• Coordinating the annual budgeting process across the Group.
• Consolidating and analysing budgets from different OPCOs.

• Forecasting:

• Preparing periodic financial forecasts.
• Analysing variances between actual results and budget/forecast.

Closing date - 05.08.2024

O&L - a Great Place to Work.

Applicants meeting our requirements are invited to apply. O&L Group of Companies is an Equal Opportunity Employer.

"This position is subject to a pre-employment screening and vetting process, and by applying for this position, applicants acknowledge that they are aware that the Company reserves the right to carry out screening and pre-employment vetting for all shortlisted applicants. Certificate of Conduct issued by the Namibian Police (not older than 6 months) may be required from all shortlisted applicants."

Requisition ID: 4137