Finance Manager Job Vacancy

Spencon Holdings Limited

Finance Manager
 - Rwanda
Department: Finance

Reports to: Group CFO (reporting line is anticipated to change once the business grows)

Line management responsibility:
Job Purpose

  • Support Group CFO in all aspects of developing Rwanda business
  • Proactive support to the Group management team through the provision of quality financial information.
  • Preparation of financial statements through effective co-ordination and review of all data.
  • Assist the business achieve budgeted profits and optimal working capital levels through proactive financial management and regular monitoring of results.
  • Develop a financial governance framework including forecasting and reporting systems.
  • Help management put together a realistic 3/1 annual Financial plans.
  • Support Marketing & Tender Teams in price and cost Analysis.
  • Managing local relations with the institutions relevant to finance e.g. banks
Scope of work
The incumbent will be required to:-
  • Perform Turnover analysis by project giving detailed commentary on material variances between actual certificates and budgeted/expected certificates.
  • Verification of the actual gross profit by project and comparing this with the budgeted gross profit and giving a commentary on any material variances between actual and budget for the country.
  • Verification for expenses for all the projects and the country office ensuring that the postings are correct.
  • Providing financial information support to the Head of Financial Accounting, Commercial Manager, Tender manager, and the respective Project Managers.
  • Ensure timely submission of accurate periodic data to Finance Group shared services through  ERP system and MS Excel as required
  • General management support
Essential Job Responsibilities
  • Monitors project progress on a daily basis in comparison with planned activities.
  • Circulates a Weekly analysis to aid reporting by Head of Commercial finance.
  • Supports management by putting together realistic 3 year country financial plans which guide the business on how to achieve its goals.
  • Ensures the integrity of financial data provided to users including corporate finance with an aim of safeguarding business assets and assisting management make informed decisions.
  • Monitors that overheads are kept within budgets and that projects are implemented effective with an aim of ensuring that the business achieves its targeted profits.
  • Monitors gross profits of the projects and investigate key variances from plan and suggest remedial actions with an aim of ensuring that the business delivers the budgeted profits.
  • Verifies the Tender prices to ensure that the prices quoted are not too low resulting in business making losses.
  • Prepares a monthly actual versus budget analysis to for the month and year to date and give explanations for major variances and suggests remedial action. This is to ensure that the management is well informed of all business trend.
  •  Preparing  country month on month forecasts 
  • Implements roll out plans set out by Head Office Finance for new systems or changes in systems.
  • Ensure timely, and accurate submission of period data into system
  • Manage relations with banking institutions, auditors, insurance companies, tax authorities, customers and suppliers and other relevant institutions.
  • Development of key business processes
  • Collection of receivables
Person Specification
  • Bachelor’s degree in Finance or relevant field
  • Professional Accounting certification/qualification (ACCA qualification preferred)
  • 7+ years’ experience in a similar role in a busy corporate office
  • Excellent oral and written communication skills
  • Good negotiation skills
  • Demonstrable ability to work in a matrix organization
Key Deliverables for the first 6 months
  • Support the Group CFO and ensures the organisation is fit for purpose.
  • Launch the growth of the business
  • Preparation of a 3 year country plan
  • Ensure accuracy and correct posting of the data in the system
  • Ensure all key system users in each project are well conversant with the system
  • Ensure consistency in the weekly and monthly reporting
  • Support Group Functions develop and implement strategic initiatives.
The job is strictly open to Rwandese nationals.

Application details

Interested and qualified applicants should send their applications letters and CV to no later than Friday 13th May 2016.