Job description

As a Finance Manager the role would be crucial in overseeing the financial health of the business and ensuring that financial strategies align with the company's overall objectives.

Job Description:

As the Finance Manager, you will be responsible for managing and coordinating financial activities. Your primary focus will be to ensure the financial stability and growth of the company while adhering to group-wide financial policies and procedures.

Key Responsibilities:

- Making sure the company's money is handled correctly.

- Handle all banking transactions such as visiting the bank for deposits, withdrawals, fund transfers, and other financial activities as required.

- Maintain accurate records of all transactions and reconcile bank statements regularly to ensure accuracy and integrity of financial data.

- Process incoming cheques by verifying details, ensuring funds availability, and depositing them into the company's bank account.

- Monitor cheque clearances and follow up on any discrepancies or issues that may arise during the process.

- Generate invoices, statements, and credit memos for customers in a timely manner.

- Monitor accounts receivable aging reports, follow up on overdue payments, and coordinate with customers to resolve any payment issues.

- Reconcile customer accounts, track payments, and update financial records accordingly.

- Process vendor invoices, verify accuracy, and ensure timely payment to vendors.

- Maintain vendor accounts, manage payment schedules, and address any discrepancies or billing errors.

- Prepare and review accounts payable aging reports, manage cash flow projections, and optimize payment processes to maximize efficiency.

- Implement a systematic reminder system to track payables and receivables, send notifications for upcoming due dates, and follow up on outstanding payments.

- Monitor cash flow requirements, forecast liquidity needs, and communicate with internal stakeholders to ensure timely payments and collections.

- Analyze payment patterns, identify trends, and propose strategies to optimize working capital management and improve financial performance

- Safeguard company