JOB PURPOSE:
- The Manager - Finance is responsible for effective and efficient management and maintenance of financial systems, practices, controls and reports in order to support achievement of the financial objectives of the company.
- The Finance Manager is responsible for the Company's finance compliance, financial planning, accountable for financial performance.
CORE COMPETENCIES:
Functional
- Oversees and monitors the scheduling, pricing, accounting and technical performance of various contracts, projects and programs.
- Coordinates the support of project requirements for Contracts, Subcontracts, Accounts Receivable, Finance, Human Resources and Accounts payable.
- Developing and implementing both commercial and strategic relationships with all the lenders handling two different structures of financing.
- Ensuring all financial resources to repay the loan and to support the operational activities.
- Supporting improvements in financial performance through improved financial practices and analysis.
- Develop local risk policy and best practice in debt and cash management.
- Responsible for analyzing and generating reports to determine the overall financial status of programs and projects.
- Foster the development and review of cost schedule baselines, develops and or reviews work completion, and possesses a complete understanding of related financial policies.
- Make sure that all Division-level business managers keep within their budget making sure that no one goes over before the crisis happens.
- Tracks all project deliverables and has responsibility for their timely delivery to and acceptance by the customers.
Behavioral
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Monitoring - Monitoring/Assessing performance of you, other individuals, or organizations to make improvements or take corrective action.
- Time Management - Managing one's own time and the time of others.
- Coordination - Adjusting actions in relation to others' actions.
- Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job.
KEY ACCOUNTABILITIES:
Description Performance Indicators
Innovative Financial Planning
- Treasury activities
- Cash flow analysis
- Cost controlling & bench marking
- Inventory management
- Financial performance - Percentage of derivative transactions that are accurately recorded.
- Percentage of recorded derivative transactions that represent assets or liabilities of the organization.
- Percentage of off-balance sheet derivative transactions that are recorded in the financial statements in the appropriate period.
- Cash and equivalents as a percentage of assets.
- Net Change in Cash
Innovative Commercial Planning
- Input for agreement negotiations and tariff setting
- Input over coal supply agreements
- Supporting commercial activities -
Definite compliance
- Monitoring investment cost
- Contingency budgeting -
Project Financing
- Updating financial bank models
- Financial covenants
- Operating budget & business plans
- Base case reconciliation
- Cash flow updating
- Dividend optimization
- Working capital analysis
- Foreign exchange hedging - After-tax Return on Equity (ROE).
- Pre-tax Return on Equity (ROE).
- Net present value (NPV) - excess or shortfall of cash flows, in present value (PV) terms, once financing charges are met.
- The internal rate of return (IRR) - Indicator of the efficiency of an investment
Financial Audit
- Planning & Risk Assessment
- Internal controls testing
- Substantive procedures
- Finalization -
Contract Financials
- Firm Fixed Price Contracts (FFP)
- Fixed Price Incentive Contracts (FPI)
- Fixed Price Level of Effort (FPLOE)
- Time and Materials Contract (T&M)
- Cost Plus Award Fee (CPAF)
- Cost Plus Fixed FEE (CPFF)
- Hybrid Contracts -
Risk Management
- Commodities
- Implementing the local risk policy
- Implementing rolling risk reports
- Implementing whole risk assessment
- Monitor and manage key financial & operational risks
Debt Management
- Lender relationship management
- Finalize and optimize funding
- Monitoring the correct executions
- Support lenders and stakeholders - The value of repeat business expressed as a percentage of turnover
- Debtor days are a measure of the average time payment takes.
- Creditor days are the average time that a company takes to pay its creditors.
- Percentage of bad debts against invoiced revenue.
JOB ZONE:
Education & Skills:
- Essential: Bachelor's Degree / Master's Degree in Commerce / Finance / Accounts
- Essential: Master's Degree in Financial management / MBA or equivalent
- Specialization : Financial Management
- Desirable: Exposure to Corporate Finance or similar software & Experience of GAAP
- Desirable Certification: CFA / MST
- Working knowledge of SAP and Hyperion to enable data extract and reconciliation
Experience:
- Minimum 10 to 15 years of exposure in financial management process in corporate environment in energy or EPC sector
- Proficiency with Microsoft Excel, PowerPoint, Word and hands on experience with accounting and tax systems software packages such as Thompson tax, Excel, Word, Outlook, Epicor or equivalent general ledger software.
- Experience with financial reporting for project financing.
Didn’t find the job appropriate? Report this Job