Group Financial Manager
Trinidad and Tobago
Full Time
Senior Manager/Supervisor
Job Description
Job Summary:
To provide oversight over the Finance Department towards the efficient management of the Group’s financial resources.
Direct Reports:
Accountants
Finance Team
Duties and Responsibilities:
Timelines:
Required Skills:
Working Conditions:
Physical Requirements:
| Job Title: | Group Finance Manager |
| Reporting to: | Chief Executive Officer |
| Location: | Head Office - Arouca |
Job Summary:
To provide oversight over the Finance Department towards the efficient management of the Group’s financial resources.
Direct Reports:
Accountants
Finance Team
Duties and Responsibilities:
- Design and development of suitable reports for management.
- Directly assisting on all strategic matters as they relate to budgets, management, cost benefit analysis, forecasting needs and the securing of new funding.
- Developing and implementing appropriate and relevant organizational policies as needed.
- Overseeing the financial operations/ activities of all related companies, both local and foreign operations.
- Preparation and review of monthly/quarterly Management Accounts and Annual Financial Statements for accuracy and timely submission to management/Board of Directors.
- Appraisal and management of Capital / Project Expenditure; including short- and long-term Cash Flows and Revenue and Expenditure budgets for all related companies.
- Maintenance and monitoring of daily/weekly/monthly cash balances and cash forecasts, as appropriate to ensure sufficient working capital is available to finance the Companies day-to-day operations and to meet its financial commitments.
- Ensuring that appropriate and complete monthly management accounts and Annual Financial Statements for all related companies are available at the specified timeline to assist management in making timely business decisions: and for other stakeholders of the companies eg Banks, Board of Inland Revenue, etc.
- Developing and or updating existing Financial/Accounting policies and procedures, as necessary in line with changes in the Companies operating activities.
- Preparing Financial Reports for all Subsidiaries and foreign operations. Preparing consolidated reports for the Group of Companies.
- Assisting in formulating the Company’s Strategic /Business and or Financing Plans, as appropriate for future guidance and direction.
- Contracting outsourced services for tax preparation, auditing, banking, investments and other financial needs.
- Developing appropriate performance indicators to support and interpret performance measurement that support the company’s strategic direction.
- Assisting the management team in implementing operational best practices.
- Assisting management in understanding and mitigating key elements of the company’s exposure to risks.
- Assist management in the Design, Implementation, and monitoring appropriate Internal Control Systems for all related companies and to monitor its effectiveness on a regular basis.
- Maintenance of a schedule of Insurances and ensuring the all of the Companies Assets are adequately covered, including workmen’s compensation, life insurance etc.
- Ensuring that the company compiles with all legal, statutory and regulatory requirements.
- Maintaining relations with external auditors and investigating their findings and recommendation.
- Arranging for debt and equity financing.
- Interpretation of Financial Statements ratios.
- Preparation of Annual Budgets for approval by the board.
Timelines:
- Monthly Management Accounts by the 7th of the following month.
- Annual Financial Statements by the 21st of the following month.
- Annual Budget by December 15th for the next financial year.
- Other information requested by management at specified date
- ACCA qualified
- Proficiency in Peachtree Accounting System and Microsoft Suite
- At least five (5) years’ senior accounting experience
- At least three (3) years’ experience performing in a managerial role
Required Skills:
- The ability to lead a team to achieve department and business finance demands
- An understanding of protocol when interacting with varying levels of personnel
- The ability to maintain a high degree of sensitivity and confidentiality.
- The ability to plan and prioritize workloads and demonstrate effective time management of work flow in order to meet accounting deadlines.
- The capacity to train and coach other members of the department
Working Conditions:
- May require working additional hours on weekdays or on weekends
Physical Requirements:
- No special requirements
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