Head of Accounts & Finance

Responsibilities:

Strategy, Planning, and Management:      

• Act as head of accounts & finance and strategic business partner to the senior executive leadership team.
• Assess and evaluate the financial performance of the organisation regarding long-term operational goals, budgets, and forecasts.
• Provide insight and recommendations to both short-term and long-term growth plans of the organisation.
• Identify, acquire, and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.
• Communicate, engage, and interact with the CEO and executive leadership team.
• Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
• Select and engage consultants, auditors, and investors.
• Recruit, interview, and hire finance, accounting, and payroll staff as required.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Implement policies, procedures, and processes as deemed appropriate by the senior leadership team.

Financial Analysis, Budgeting, and Forecasting:

• Prepare and present monthly financial budgeting reports, including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
• Review and analyze monthly financial results and provide recommendations.
• Identify, develop and execute analysis of business initiatives, and/or new service offerings.
• Develop and maintain the monthly operating budget and annual company operating budget.
• Manage the financial planning and analysis. Supervise the creation of reports, software implementation, and tools for budgeting and forecasting.
• Participate in conference calls with Lenders, Vendors, and the Executive Leadership Team.

General Ledger and Accounting Record:

• Plan, implement, and oversee day-to-day accounting operations
• Document Management - Ensure all accounting and financial-related documents are well captured, stored, and managed
• Monitor and analyse accounting data and ensure accuracy and timely postings
• Adhere to proper accounting methods, policies, and principles, and ensure employees adhere as well
• Ensure that all transactions are captured with source documents & posted into the ERP Software
• Daily review of all postings to ensure that postings, reconciliations, and corrections are done daily and accurately.
• Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
• Intercompany Accounts are posted correctly, and all company accounts are well-maintained.
• Oversee the preparation of monthly, quarterly, and annual financial statements.
• Review all month-end closing activities, including general ledger accounts, balance sheet accounts, and overhead cost allocation.
• Enhance and implement financial and accounting systems, processes, tools, and control systems
• Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

Financial Management:

• Manage the cash flow planning process and ensure funds availability.
• Oversee cash, investments, and asset management area.
• Explore new investment opportunities and provide recommendations on potential returns and risks.
• Maintain outstanding banking relationships and strategic alliances with vendors and business partners.

Financial Relations and Policies:

• Engage the CEO to develop short-term and long term plans, projections and budgets.
• Represent the company to banks, financial partners, institutions, investors, public auditors, and officials.
• Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management:

• Mentor and develop the finance team, managing work allocation, systems training, performance evaluations, and building an effective and efficient team dynamic.

Cash Management

• Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires, and ACHs
• Supervise Accounts Receivable management and provide guidance relating to the collection process.

Risk Management:

• Identify and manage key business and company risks and insurance requirements
• Maintain and ensure compliance with the documented system of finance policies and procedures across the group
• Responsible for audit reviews of business units, financial and management processes, and systems to ensure compliance with company policies and procedures.
• Supervise and coordinate the preparation and implementation of annual internal audit plans /programs and ensure adherence to plans.
• Lead audits/special reviews of operations and assessment of business risk, and provide recommendations for strengthening existing internal controls.

Reporting and Budgeting:

• Ensure Annual, Monthly and Weekly Budgets are properly done.
• Financial Projections and Planning - Project and plan for future cash requirements. Cash Plans and other payments should be accurately forecasted and planned for
• Accurate reporting for Management.

Other Finance Functions:

• Perform all other functions as may be directed by the MD/CEO.

Requirements:

• Bachelor’s degree in Accounting or Finance (minimum 2:1)
• ACA / ACCA / CPA – Mandatory
• MBA or Master’s degree (advantage),  Experience
• 8–12 years of accounting experience
• Minimum 5 years in manufacturing/production
• Minimum 3 years in senior accounting/finance leadership
• Strong internal controls and ERP experience (Odoo preferred)
• Audit background (Big 4 or reputable firm – advantage)
• Multi-currency and multi-entity experience

Technical Skills:

• Manufacturing cost accounting and variance analysis
• IFRS reporting
• ERP systems (Odoo, SAP, Oracle, or similar)
• Advanced Excel and financial analysis