Finance Manager at Sheffield Steel Systems

Job Description (adsbygoogle = window.adsbygoogle || []).push({}); Sheffield Steel Systems was set up in with the aim of providing customized solutions suitable for the hospitality industry in Africa. Over the years the company has grown having installed over kitchens across Africa with some in Nigeria and Zambia. We have grown into a strong regional power house and now the leading supplier of commercial kitchen equipment and related solutions with a strong regional presence in Kenya, Uganda and Rwanda. Sheffield is ISO : certified and a Super Brand offering a broad range of Commercial Kitchen and laundry equipment along with Planning, Design CAD layouts, LPG Gas Pipeline Systems, HVAC , Exhaust Systems and Facilitates Maintenance & Services. The firm’s multidisciplinary approach offers clients comprehensive, cost-effective solutions to their most challenging situations.RESPONSIBILITIES Financial Reporting: Responsible for preparing and presenting timely financial reports to the Company’s Management, including financial statements, cash flow forecasts and budget reports.Accounting: Manage all accounting operations including Billing, Accounts Receivable, Accounts Payable, Inventory Management and Revenue Recognition. He / She will also ensure that all financial transactions are properly recorded and the financial statements are prepared in accordance with International Financial Reporting Standards.Cost Accounting: Develop and maintain a cost accounting system that accurately reflects the costs of the manufacturing process, and to ensure the Company is operating efficiently.Budgeting: Develop and maintain the Company’s budget, working with Senior Management to identify revenue and expense targets, monitoring actual performance against these targets and providing insightful analysis of variances against budget.Cash Flow Management: Ensure cash flow is appropriate to the Company’s operations, and provide guidance to Senior Management on possible investment strategies by considering cash & liquidity risks. Ensure timely submission of accurate daily reports on the cash position and weekly and monthly rolling cash flow forecasts to the Company’s Senior Management.Compliance: Ensure that the Company complies with all financial regulations including various tax laws and financial reporting requirements.Controls & Processes: Develop, improve upon and document business processes and accounting policies to maintain and strengthen internal controls, including those pertaining to the Company’s financial systems.Audit: Work with the external auditors to ensure that the financial audits of the Company are conducted in a timely and efficient manner.Financial Analysis & Risk Management: Provide regular financial analysis to the Company’s Senior Management, identifying trends and opportunities for improvement. Develop financial models and scenarios to support strategic decision making.Team Management: Manage a team of financial professionals and analysts, ensuring that they are appropriately trained and motivated to deliver high-quality services to the Company. SKILLS & QUALIFICATIONSAcademic/Professional Qualifications: Bachelor’s degree in finance or accounting.ACCA or CPA Member.Masters’ qualification in Finance / Accounting or MBA would be a plus. Experience: 10-12 years’ experience in accounting, with at least 3-5 years as Finance Manager in a trading / manufacturing entity. Technical Skills: Thorough knowledge of accounting principles and procedures.Experience with general ledger functions and month / year-end closing procedures.In-depth knowledge of tax laws and compliance requirements.Experienced in preparing management and financial accounting reports and dashboards.Excellent accounting software user and administration skills, particularly with SAP.Sound knowledge of data analysis and forecasting methods. Management Skills: Strong leadership and organizational skills.Excellent communication and people skills.Ability to strategise and solve problems. Personal Attributes: A person with a positive attitude and an effective team leader.High degree of integrity, confidentiality levels to be maintained.Good negotiation, conflict management, networking, mentoring and coaching skills