The Finance Manager is to oversee and manage the financial health of an organization. He/She plays a crucial role in ensuring the financial health and sustainability of the organization through strategic planning, effective financial management, and compliance with regulations. The primary responsibilities of a Finance Manager revolve around financial planning, reporting, analysis, and control

1. Financial Planning and Analysis (FP&A):
   • Develop and implement financial plans, budgets, and forecasts aligned with organizational goals.
   • Conduct financial analysis to provide insights into performance and support strategic decision-making.
2. Financial Reporting:
   • Ensure accurate and timely preparation of financial statements and reports in compliance with accounting standards and regulatory requirements.
   • Present financial information to senior management, board members, and stakeholders.
3. Cash Flow Management:
   • Monitor and manage cash flow to ensure liquidity and financial stability.
   • Implement strategies to optimize working capital and manage short-term financing needs.
4. Budgetary & Cost  Control:
   • Establish and monitor budgetary controls to ensure adherence to financial plans.
   • Analyze variances between actual and budgeted financial performance and recommend corrective actions.
   • Implement cost control measures and analyze cost structures to optimize operational efficiency.
   • Identify cost-saving opportunities without compromising quality or performance.
5. Risk Management:
   • Identify, assess, and manage financial risks, implementing strategies to mitigate potential adverse impacts.
   • Establish and monitor internal controls to safeguard financial assets.
6. Financial Compliance:
   • Ensure compliance with financial regulations, accounting standards, and reporting requirements.
   • Coordinate with internal and external auditors to facilitate audits and address audit findings.
7. Strategic Financial Decision-Making:
   • Provide financial insights and advice to support strategic business decisions.
   • Collaborate with other departments to align financial strategies with overall organizational objectives.
8. Tax Management:
   • Manage the organization's tax strategy, ensuring compliance with tax laws and optimizing tax efficiency.
   • Coordinate with tax professionals and authorities as necessary.
9. Financial Systems Management:
   • Oversee the implementation and management of financial systems and EGCO ERP
   • Ensure the integrity and security of financial data.
10. Relations with Financial Institutions:  Skillful utilization of a spectrum of financial instruments, strategic management of credit lines, and astute navigation of banking relationships to ensure optimal liquidity and financial stability for the organization
11. Team Leadership and Development:
    • Lead and manage the finance team, providing guidance, support, and training .
    • Foster a culture of high performance, ethics, and continuous improvement within the finance department.
12. Strategic Financial Projects:
    • Lead or contribute to strategic financial projects, such as mergers and acquisitions, capital investments, or process improvements.