Senior Finance Manager

JOB PURPOSE/SUMMARY

The Senior Manager oversees and manages the financial operations of MRO, ensuring that financial targets are met and financial risks are minimized. Responsibilities include managing books of accounts and subprocesses of AR, AP, GL, FA, and Inventory. The role also ensures compliance with financial regulations and manages relationships with external stakeholders such as auditors, investors, and lenders.

KEY RESPONSIBILITIES AND ACCOUNTABILITIE

S1.Team Leadership (20% of time

• )
  Define key performance indicators (KPIs) for the finance team in alignment with company objective
• s.Develop individual development plans for team members, including succession plannin
• g.Monitor team performance against objectives and provide guidance and intervention as neede
• d.Encourage open communication and feedback within the tea

m.
2.Bookkeeping and Compliance (25% of tim

• e):Maintain accurate books of accoun
• ts.Ensure adherence to International Financial Reporting Standards (IFR
• S).Ensure COSO compliance across the organizati
• on.Oversee VAT and corporate tax complian
• ce.Manage ESG/ESR and TP compliance where applicab
• le.Ensure timely and smooth closure of internal and external audits, aiming for unqualified audit opinio

ns.
3.Financial Planning and Analysis & Reporting (10% of ti

• me):
  Facilitate budgeting and forecasting processes, leading accounting functions workstreams and creating decision support sys
• tems.Monitor financial performance and provide monthly reporting to stakeholders as requ
• ired.Analyze performance against the budget, identify key drivers, and create initiatives to preserve shareholder v
• alue.Evaluate recommendations and lead team on process and system optimization eff
• orts.Evaluate and lead the implementation of financial planning tools and reporting systems (e.g., Hyperion or equival

ent).
4.Treasury (10% of

• time):
  Maintain appropriate credit lines to support operations and
• growth.Manage the optimal debt str
• ucture.Manage shareholders expectations on PCR (Profit-Cash
• Ratio).Ensure timely settlement of debt oblig
• ations.Monitor and manage financial cov
• enants.Effectively manage working c

apital.
5.Financial Operations (20% o

• f time):
  Manage accounts payable and receivable functions, ensuring timely invoicing and collections. Ensure processes and systems support the timely processing of validated
• payments.Ensure OPEX is withi
• n budget.Oversee procurement processes, including complianc
• e checks.Review bookkeeping and monthly closure ac
• tivities.Ensure financial KPI targets
• are met.Manage inventory and fixed assets processes and
• modules.Maintain appropriate financial records and docum

entation.
6.Business Partnerships (15%

• of time):
  Partnership with key leaders across the functions to drive exc
• ellence in:Operational
• performanceCommercial tenders an
• d proposalsSystems o
• ptimizationDepartmental cost

management
QUALIFICATIONS, EXPERIENCE AND

COMPETENCIES
Minimum Qualifications: (Education/Certification/Licensure/Professiona

• l Membership)
  Bachelor's degree in Accountancy, Finance, or an equivale
• nt discipline.Relevant professional membership/certification/license, such as Certified Public Accountant (CPA), Chartered Accountant (CA), Certified Management Accountant (CMA), or Association of Chartered Certified Acco

untants (ACCA)
Mini

• mum Experience:
  Minimum of 10 years of progressive experi
• ence in finance.Minimum of 5 years of experience in leading the finance function with a team size of 5 or mor

e staff members.
Job Speci

fic Competencies:
1. Qualified Accountant: This competency signifies that the Senior Manager holds a recognized accounting qualification, such as CPA, CA, ACCA, or CFA. He/she should have a deep understanding of accounting principles, practices, and regulations. This competency also entails staying up-to-date with evolving accounting standards, ensuring accurate financial reporting, and compliance with relevant regulations. The Finance Manager should be able to interpret and apply accounting standards effectively, especially in complex finan

cial transactions.
2. In-depth Knowledge of IFRS: International Financial Reporting Standards (IFRS) are a crucial aspect of financial reporting for many organizations, particularly those with international operations. The Senior Manager must demonstrate expertise in IFRS, understanding the intricacies and nuances of these standards. This includes the ability to navigate complex financial transactions, mergers and acquisitions, and reporting requirements under IFRS. Staying current with updates and changes to IFRS is essential to m

aintain compliance.
3. ERP Experience: Enterprise Resource Planning (ERP) systems are integral to managing financial operations efficiently. This competency implies that the Senior Manager should be well-versed in utilizing ERP software to manage accounting, financial reporting, and financial planning and analysis. Proficiency in ERP systems helps streamline financial processes, maintain accurate records, and generate meaningful financial reports

for decision-making.
4. Ability to Partner with Leadership and Other Functions: Collaboration is key in the modern business landscape. The Finance Manager should have strong interpersonal and communication

skills to effectively
collaborate with leaders from various departments. This competency involves building relationships, understanding the needs and goals of other functions, and aligning financial strategies to support broader organizational objectives. The Senior Manager should be able to contribute to cross-functional projects and initiatives, offering financial

insights and guidance.
5. Financial Analysis and Decision Support: Financial analysis is a core competency for a Senior Manager. This involves the ability to analyze financial data, identify trends, and extract meaningful insights. The Senior Manager should be adept at providing decision support by translating complex financial information into actionable recommendations for senior leadership. This includes evaluating the financial impact of different courses of action and making data-

driven recommendations.
6. Strategic Thinking: Senior Manager plays a pivotal role in shaping the financial strategy of an organization. This competency involves the ability to think strategically, assess long-term financial implications, and align financial plans with the organization's strategic goals. Strategic thinking encompasses risk assessment, capital allocation, and evaluating investment opportunities to max

imize shareholder value.
7. Leadership and Team Development: As a leader within the finance function, the Senior Manager should possess strong leadership skills. This competency entails guiding and developing the finance team, setting performance expectations, and providing coaching and feedback. Effective leadership promotes a motivated and high-performing finance team that can contribute effectively to th

e organization's success.
8. Regulatory Compliance: Financial regulations are ever-evolving, and compliance is crucial to avoid legal issues and financial penalties. The Senior Manager should have a deep understanding of financial regulations relevant to the industry and geographic region in which the organization operates. This competency involves ensuring that the organization complies with tax laws, ESG (Environmental, Social, and Governance) reporting requirements, transfer pricing regulations, and other relev

ant financial regulations.
9. Ethical Judgment: Upholding ethical standards is paramount in finance. The Senior Manager should possess unwavering commitment to ethical conduct and integrity. This includes promoting ethical behavior within the finance team and across the organization, making ethically sound financial decisions, and ensuring compliance with ethical guide

lines and codes of conduct.
10. Risk Management: Given the role's responsibility for financial operations and compliance, a strong understanding of risk management is critical. This includes identifying financial risks, implementing risk mitigation strategies, and maintaining a robust internal control framework to safeguard the organization's ass

ets and financial integrity.
11. Communication and Presentation Skills: Effective communication, both written and verbal, is essential for conveying complex financial information to diverse audiences, including senior leadership, board members, and external stakeholders. The ability to present financial data in a clear, concise, an

d persuasive manner is vital.
12. Crisis Management: Senior Manager should be prepared to respond to financial crises or economic downturns. Competency in crisis management involves developing contingency plans, assessing financial resilience, and making prudent financial decis

ions during challenging times.
13. Data Security and Privacy: With the increasing importance of data security and privacy, Senior Manager should be aware of data protection regulations and best practices for safeguarding financial information. This includes ensuring compliance with data privacy laws and implementing security meas