Position Overview:
The Finance Associate/Executive plays a critical role in managing financial operations, analysis and reporting to support strategic financial decision-making within the organization. ensuring the accuracy, integrity, and compliance of financial operations within the organization. This role involves managing various financial tasks, including procurement, inventory management, financial reporting & supporting the team in maintaining the accounts.
Key Responsibilities:
1. Financial Transactions:
• Responsible for procurement and expenses processing and assisting in project claims.
• Ensuring proper recording of transactions as per the financial governance guidelines for audit.
2. Budgeting and Forecasting:
• Assist in preparing the budget, supporting schedules, and financial forecasts.
• Monitor budget variances and provide insights to the management for effective cost control.
• Collaborate with HQ finance team to ensure adherence to budget guidelines
3. Internal Controls:
• Establish and maintain effective internal control processes to safeguard company assets and ensure accuracy in financial transactions, as well as support for Internal Audits.
• Conduct regular reviews of financial procedures to identify risks and implement necessary improvements
4. Financial Analysis:
• Perform financial analysis and prepare reports to support decision making, including budget analysis, profitability analysis, cost-benefit analysis, and financial modelling.
• Provide insights on financial performance and potential opportunities for growth and efficiency.
5. Process Improvement:
• Identify opportunities to streamline financial processes and enhance efficiency.
• Participate in implementing best practices in financial operations.
6. Records and Information Management:
• Develop and implement records and information management policies, procedures, and guidelines.
• Oversee the creation, classification, retention, and disposal of records in accordance with legal and regulatory requirements.
• Monitor and maintain the accuracy and integrity of records across the organization.
7. Vendor Management:
• Manage relationships with third-party vendors and service providers related to records management systems.
• Monitor service levels and negotiate contracts to ensure optimal value and performance.
Requirements:
• Diploma or bachelor’s degree in finance, Accounting, or a related field. CPA, CMA, or other relevant certifications are a plus.
• Several years of experience in finance and accounting roles, with progressive responsibility.
• Strong understanding of accounting principles, financial reporting, and budgeting processes.
• Proficiency in financial software and tools, including spreadsheet applications.
• Excellent analytical and problem-solving skills.
• Effective communication skills for interacting with cross-functional teams and external stakeholders.
• Attention to detail and accuracy in financial analysis and reporting.
• Leadership qualities with the ability to manage a team and drive results.
• Knowledge of relevant financial regulations and compliance standards.
