GM/ DGM - Finance & Accounts - Ethiopia
Job Description
Title: GM/ DGM - Finance & Accounts - Ethiopia
Company Name: A Large Group of Companies
Vacancy: Not specific
Job Location: Ethiopia
Employment Status: Full-time
Educational Requirements:
∎ Post Graduate major in Accounts & Finance from a national / Foreign University with FCA / FCMA;
∎ Part qualified CA / CMA with adequate relevant experience may apply.
Experience Requirements:
∎ At least 15 year(s)
Job Responsibilities:
∎ Financial Controlling:
∎ Supervises, directs and reviews the work of accounting staffs (including, but not limited to, cash and bank reconciliations, Account statement reconciliations, check runs, accounts receivable & payable transactions, fixed assets activities, payroll, debt activities, recording of revenue & expenses, etc.);
∎ Implement appropriate Control Measures and Approval Process;
∎ Cash Flow Management and Following up Cash Forecast;
∎ Responsible for maintaining organized set of detailed records and files to document financial transaction;
∎ Responsible for timely preparation financial statements- Trial Balance, Income Statement and Balance Sheet;
∎ Formulate Budgeting and Reporting and Controlling Variance Analysis of the P&L;
∎ Implement timely internal Controls and proper Finance Workflow;
∎ Monitoring and Controlling Fixed assets, Inventories, AP, AR, Production and General accounting transactions.
∎ Financial Reporting:
∎ Facilitating Oracle Team to Implement ERP to implement Finance Module;
∎ Make sure to maintain Accuracy, Transparency and Control in Financial Reporting;
∎ Provide Monthly Finance Review.
∎ Banking and Financing:
∎ Maintain close relation with the bank and financial institution for smooth operating cash flow;
∎ Negotiate and monitor the Bank Interest and Charges;
∎ Satisfy the Lenders' requirements and liaise with Lenders and Institutions.
∎ Production and Cost Monitoring:
∎ Co-ordinate with Plant Management to validate basic assumption in compiling and preparing Annual Business Plan, monthly outlook and long term strategic plans of the plant operation, discuss with relevant management on financial impact;
∎ Monitor and involve in the Production Efficiency and co-relate Production Efficiency with Cash Forecast Efficiency;
∎ Involve and monitor the Capacity Planning and co-relate the Export Projection with the Cash Forecast;
∎ Monitor and co-ordinate monthly review of factory OPEX with the departments of the plant operation to ensure factory overheads remain within budget;
∎ Be able to do the pre-costing and compare with Post Costing with Variance Analysis for each Style;
∎ Be involved in the Waste Material Management and find tools to mitigate and manage wastage;
∎ Be involved and control the Machine deployment and movement;
∎ Ensure effective internal control and financial management in all areas of plant operation;
∎ To check the planned/ budgeted production of all products with the actual on a daily, weekly, monthly, quarterly, half yearly and yearly ascertaining the reason for shortfall in production;
∎ To analyze and report periodically (weekly, monthly, quarterly, half yearly and yearly) Man- Machine service cost & head count (Direct & Indirect, Supervision and Management);
∎ To analyze and report Standard Available Time (SAT) and Standard Minute Value (SMV) in terms of minutes & hours & cost per minute and hour (Direct & Indirect, Supervision and Management) per output/ production- goods, services, machines, documents and reports etc.
∎ Commercial:
∎ Monitor the Export Register and follow up the Payments from the Customers and reconcile the Ex-Factory with Export Invoices of the Sales;
∎ To monitor and close Import/ Local Margin L/C, BTB L/C and TT payment to compute landed costs for total materials and per unit materials producing landed cost sheet as well as recap report;
∎ Monitor and Control the Logistics and Demurrages and Port Handling Charges and monitor the Imports and Export Documentation and process;
∎ Negotiate the Commercial-related expenses and Charges with Comparisons.
∎ Stores Management:
∎ Co-ordinate with Supply Chain Management to prepare purchase budget and ensure purchase price are competitive and within the budget;
∎ Monitor the Inventory (physical and in the system) on a periodical basis and Assure and Control the Stores Documentation procedures;
∎ Slow moving and non- moving inventory shall be identified, controlled and reported to take appropriate action of liquidation;
∎ To check, verify and analyze WIP in accordance with input - output ratio of materials to produce fabrics and garments;
∎ Control and monitor the procedure of the additional Material Issues.
∎ Liaising with External Stake Holders:
∎ Liaising with Statutory Auditors, Lawyers and Government Institutions;
∎ Negotiations with Insurance Agents, C&F Agents, and all Service Providers and Suppliers.
Additional Requirements:
∎ Both males and females are allowed to apply
∎ At least 15 years of experience in relevant field out of which 2-4 years proven track record in leading and managing a large / Group of Industries;
∎ In-depth understanding of operational issues and policy work at state, national and international levels;
∎ Sound and up-to-date knowledge of development concepts, methodologies and techniques including demonstrated expertise;
∎ Excellent management leadership skills as well as facilitation and capacity building for inter-linkages between Senior Officials, Management / BOD, etc.;
∎ Conceptual, analytical, documentation and presentation skills;
∎ Proficiency in English language and acquainted with diverse work environment.
Salary: Negotiable
Application Deadline: October 24, 2019
Company Information:
∎ A Large Group of Companies
Category: Garments/Textile
Source: bdjobs.com
Deadline Expired on 24th Oct 2019
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