Manager – Finance
Location: Central Africa
Education: CA/ICWA
Experience: 8 to 10 years of work experience of Auto
Industry with knowledge of hire purchase and leasing and financing work.
The position will report to Business Head / CEO and
coordinates with Canada Office on regular basis.
KRA`s and Critical Tasks this person needs to perform:
Maintaining and updating the Books of accounts and reporting
on revenue, and cash/Bank collections to Business Head on daily basis. In
addition to and Specifically to Client operation the candidate is required to
perform, below mentioned tasks without fail:
Month to month situation of payable to the supplier and the
interest cost carried on overdue payments to Suppliers.
Reconciliation with the suppliers and buyers.
Reconciliation with groups inter-company transactions and Client`s
Inter-branch.
Month to month situation of receivables from customers and
the interest cost carried on overdue payments from them.
Keeping track of claims to be settled by our principal
Zahira and Claims payable to Zahira.
Regular follow-up of claims to be settled by Tata Motors.
Keeping the track of VAT situation on weekly basis.
Revenue comparison with Budgeted target-and reasons for
variance to come from operations head, COGS variance with Budget - and reasons
for variance
Direct and indirect expenses variance to budget and reasons
for variance
Qty details of revenue and comparison with the budget and
reasons for not meeting target, if any.
Collect and review the past records required for financial
analysis of the Business operations,
Prepares, Communicates and reviews the MIS report with all
the variances every month,
Review and monitor with the Business Heads, Qty details of
revenue and comparison with the budget and reasons for not meeting target, if
any.
Balance sheet review Debtors, Loans, & Advances and
Creditors aging Analysis, Shareholders fund movement including dividend
declaration and insisting on formal Board resolutions to support the dividend
payouts.
Review of cost to ensure the costs are all under control
Overheads / direct expenses analysis to establish costs control to achieve
profitability All movements in loan liabilities to be backed up by agreement
On need basis, preparing of financial projections is required
for submissions to private funding agencies or to the bankers
Reporting on Financial ratios such as Working Capital Ratio,
Current Ratio, Inventory Turnover Ratio, Net worth Ratio, the ratio analysis to
be part of MIS reporting package.
Interested candidate send resume
dharmendra@karmaasolutions.com
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