Brightermonday UgandaKampala, Uganda

Finance Manager- Manufacturing

Description

1)Financial and operational planning for the company; Provide financial insights and analysis to support decision-making Develop accurate financial scenarios; analyze the potential impact of a variety of economic conditions on the company’s revenues and plans for positive and negative outcomes. Financial forecasting and modeling to create profit projections. Oversee the company’s financial activities; implement cost-effective administrative systems and ensure smooth operations of financial processes. 2)Overall planning, forecasting, and preparation of the annual company budgets. Lead the preparation of the company’s annual budget for review and approval by the Managing Directors and Board of Directors, respectively. Advise departmental managers on expenditure control. 3)Treasury Management

  • ensure that the company’s cash is well managed at all times. Cash flow forecasting and planning Managing relationships with current and prospective creditors and advising management Promoting a good working relationship with the company’s bankers Tracking receivables, credit limits, collections, terms of trade, and reporting any non- compliances on time Ensure strict and accurate debt collection mechanisms Inventory management and control: To ensure that Chromatic Paints Uganda Limited (CPUL) inventory is safeguarded from any form of loss or damage and that the stock levels are adequate to meet business needs at all times. Supervising the management accountant for up-to-date stock records on raw materials, work in progress, and finished goods stock Tracking stock levels and alerting management of any potential drop in inventory below the minimum stock levels Ensuring that stock records are up to date and that there are regular stock taking exercises. Investigate all abnormal stock variances and take appropriate action. 4)Develop and continuously update the Finance procedures manual, review and amend policies, and guides users. 5)Ensure timely and accurate financial reporting. Present periodic financial reports to Management and the Managing Director. Analyze financial statements and other performance indicators and provide the necessary feedback and recommendations. Ensure timely preparation of final accounts as well as external audits and close any audit queries/ implement recommendations. 6)Manage financial technologies/tools and recommend improvements to enhance efficient reporting and forecasting. Ensure the education of users and full adoption of financial technologies across the company. Oversee data integration. 7)Monitor and ensure full compliance with statutory obligations. 8)Responsible for managing the company’s financial risk exposure, identifying areas for improving efficiency and effectiveness, and improving financial performance. 9)Manage the appraisal of all new business proposals, projects, and partnerships and advise the Managing Director. 10)Coach, train, and motivate the Finance team Manage, coach, motivate, and support the Finance team; d

Skills

Compliance

Want AI to find more roles like this?

Upload your CV once. Get matched to relevant assignments automatically.

Try personalized matching