Finance Manager

Job Summary;
Maximise the company’s performance focusing on business performance especially major cost and income drivers; analyse the market trend, business trend and Human resources capacity, Strategic plan, Business channels, Asset management; control and manage departmental staff to achieve operational efficiency and delivery of services.

MAIN ACCOUNTABILITIES AND APPROXIMATE WEIGHTING

Accountability: Drive performance through business analysis weighting: 15 %

Outputs to deliver this accountability:

• Identify financial performance risks and help management to implement mitigating strategies.
• Analyse financial data and economic trends to monitor performance and provide critical areas of focus for regional management through charts and graphs drawn in Ms. Excel as well as other available software.
• Set standards of quality of data submitted from business units (Operating companies) and control compliance/adherence.
• Review and analyse trends in consolidated information to formulate a view on relevance, accuracy and consistency of data.
• Report on and explain areas of inconsistent performance to senior management not directly involved in your of responsibility.

Accountability: Contribute towards the formulation and implementation of
The company’s Strategic Plans Weighting: 15 %

Outputs to deliver this accountability:

• Assist in preparing medium (3 years) and short term (1 year) strategic performance plans for strategic plans across all business functions.
• Develop Strategic performance management tools that will allow information on which Board of Directors can base decision.
• Split up of SYSCORP GROUP support facilities budget into Finance, Human Resources, Microfinance Business and Group etc.

Accountability: Contribute towards business growth weighting: 15 %

Outputs to deliver this accountability:

• Evaluate new product and performance goals
• Ensure correct accounting treatment of all new products rolled out in the company
• Review and develop business cases for new expansions
• Participate in any mergers and acquisition for the Group



Accountability: Adhere to policies and procedures weighting: 15 %

Outputs to deliver this accountability:

• Ensure an effective filing system is maintained
• Adhere to the standard processes and procedures according to International Financial Reporting Standard (IFRS) for the Group companies, Tax and regulatory issues.
• Liaise with the Board Of Directors for the preparation of the monthly reports
• Engage other pillars of the business, ensuring that financial data are consistently applied.

Accountability: Managing career and personal development weighting: 15 %

Outputs to deliver this accountability:

• Take responsibility for all aspects around financial reporting, financial diligence, forecasting, strategic performance plan, cost management and control for the company’s regarding areas under your control.
• Meet training objectives as set out in personal training and development plan.
• Ensure sufficient updating of procedural changes taking place in the business.
• Undergo a top grading career path if qualified.



Accountability: Business management weighting: 15 %

Outputs to deliver this accountability:

• Allocate duties to team members in order to achieve operational targets including prioritisation and work schedules.
• Based on gaps identified, motivate requests to the manager for additional resources including people, budget and equipment.
• Obtain a thorough understanding of the business unit’s strategy and explain it to team members in such a way that they understand the contribution they have to make.
• Explain targets and take accountability for the monitoring and achievement of performance objectives in the Group in terms of employee satisfaction, customer experience, and cost performance, return on investments, risk, and compliance and governance requirements.
• Create quarterly and monthly plans to ensure delivery for the year.
• Manage departmental budgets including signing off of invoices and quotes within mandate. Escalate out of budgets or items higher than approved mandate to the next level manager.
• Rigorously monitor expenditure against approve budgets and put measures in place to address variances.
• Continuously identify areas for improved efficiency and reduced cost.
• Conduct basic statistical analysis to track performance variances and determine the root causes of errors.
• Make recommendations for productivity or process enhancements to process owners.
• Implement productivity improvement measures by coaching staff on any new processes or on their areas for improvement.
• Participate in the measurement and reporting of internal and external Service Level Agreements on a monthly basis.
• Address any process failures specific to the department under management.
• Perform all other duties as reasonably assigned.