Senior Finance Officer

Reporting To General Manager (or Finance Director / CEO) Job Summary The Senior Finance Officer is responsible for overseeing and strengthening financial operations and control functions of Beka Food Manufacturing. This role ensures accurate financial reporting, robust internal and external controls, effective cash flow management, reliable inventory accounting, and timely reconciliations. The position supports leadership with sound financial analysis and insights to improve financial performance and compliance. 5. Key Responsibilities A. Financial Planning & Cash Flow Management Develop and monitor cash flow forecasts to ensure optimal liquidity. Manage daily cash balances, bank accounts, and payment schedules. Coordinate with operations and management to plan for expenditures, capital needs, and financial commitments. Provide monthly cash flow reports with analysis of variances and recommendations. B. Internal & External Financial Controls Implement and enforce strong internal financial controls across all finance functions. Review and update Finance Policies & Procedures to reflect best practices and compliance with local regulations. Coordinate external audits and compliance reviews; prepare audit schedules and respond to audit findings. Ensure compliance with tax laws, labor regulations, and corporate policies. C. Accounting & Reconciliations Oversee accurate recording of all financial transactions using Beka Food’s accounting system. Perform periodic bank reconciliations and resolve discrepancies timely. Lead reconciliation of supplier accounts, customer accounts, and intercompany balances. Prepare and review trial balances, profit & loss statements, and balance sheets monthly. D. Inventory & Cost Control Supervise inventory accounting processes including stock tagging, tracking, and valuation. Collaborate with Operations to ensure accurate recording of raw materials, work-in-progress, and finished goods. Monitor variances between physical counts and book balances; implement corrective actions. Analyze product cost components to support pricing decisions and reduce waste. E. Financial Reporting & Analysis Prepare accurate and timely monthly, quarterly, and annual financial reports. Analyze key financial metrics (e.g., gross margins, operating expenses, overhead variances). Present financial results to senior management with insights and recommendations. Support budgeting and forecasting processes with detailed analysis. Develop and maintain dashboards to track performance indicators. F. Team Leadership & Capacity Building Supervise finance officers, accountants, and support staff. Promote continuous training to improve accuracy, efficiency, and compliance. Coordinate interdepartmental collaboration to support data flow and shared objectives.