Posted By
Posted in
Banking & Finance
Job Code
937483
Company : A Civil engineering company with USD 65 million construction projects on hand
Location : Lilongwe, Malawi (Africa)
Reporting To : Director Finance
Team : 3
Qualification : CA / ICWAI
Benefits :
- VISA for entire family
- Education for kids in International School
- Housing
- Vehicle
All the above cost will be taken care by the company
CTC : It will be paid both in USD and INR
Role Purpose :
- Responsible for financial management, including regulatory and financial reporting, closely work with FP&A team for budget and forecasts preparation, as well as development of internal control policies and procedures.
- Create opportunities through innovative methods that propel high operational efficiencies and better cash flow management on a long- and short-term basis.
- Implement world class methods and work practices that drives accuracy, agility and dynamism within the function.
- Be highly result oriented to achieve the overall purpose and direction of the business. Interface between Group and Business verticals of the function for better synergies in areas of Regulatory and statutory, Tax and Accounts.
- Ensure accountability of each function in line with the approved budgets and maintain the highest level of governance standards.
Key Responsibilities :
- Support FP&A team in yearly Business budgeting processing with a high degree of precision and timeliness also work closely with the various teams viz. Business development, Contract Administration, Techno-Commercial, operations, Sales and services.
- Cash flow and fund flow management, effective and efficient working capital management, coordination with central treasury, banks for fund and non-fund based limits operation
- Responsible to entire banking operation, follow and implement central treasury guidelines, policies and decision.
- Ensure zero idle fund, zero penal interest and 100% covenant compliance.
- Closely work with central treasury team, arranging all the desired information, business case for limits.
- Develop and circulate periodic cash flow & fund flow MIS.
- Ensure real time book keeping, book hygiene, effective and efficient internal financial control system
- Ensure account finalization with high accuracy.
- Represent in statutory audits and address audit observations promptly.
- Oversee periodic review of G/L to ensure accounting integrity
- Work closely with an objective to create a system for monitoring key parameters on daily / weekly / monthly basis.
- Support FP&A team for accurate MIS and circulated across individual sites/units and also on a consolidated basis.
- Based on the FP&A team's MIS, discuss and monitor with various teams on the parameters that have a major impact on the cash flow as well as expenses,
- Support Director Finance in business planning and strategic decisions in acquisitions and mergers.
- Guide and monitor all relevant stakeholders in terms of direct and indirect cost.
- Bring in efficiency of operations through better understanding of various financial parameters
- Ensure that revenues and expenses are booked in line with the accounting policies of the company and guidelines laid down by the Group Policies and that any changes in accounting rules and policies are promptly implemented in the Business
- Participate in account finalization of open items.
- Responsible to interact with statutory auditors and address audit observations promptly, oversee periodic review of G/L (or triggered by FP&A) to ensure high level of accounting integrity
- Interface with Corporate Secretarial in compliance matters.
- Ensure prompt notification of Secretarial events to the Corporate and BU Secretarial team and monitor satisfaction of compliance with statutory bodies.
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Posted By
Posted in
Banking & Finance
Job Code
937483