Department: Finance.
Reports To: Finance Coordinator
Job Description:
Chupa Chap, a dynamic player in the alcohol and beverage industry, is in search of a Finance Officer to join our team. Reporting directly to the Finance Coordinator, the Finance Officer will play a pivotal role in maintaining financial accuracy and contributing to the strategic financial goals of the organization.
Responsibilities:
Financial Reporting:
- Prepare accurate, fully reconciled timely financial statements including but not limited to income statements, statements of financial position, cash flow statements, and related financial reports.
- Collaborate with the Finance Coordinator department to analyze financial data for decision-making.
- Ensure compliance with accounting standards and regulatory requirements.
- Perform month-end and year-end close processes.
Accounts Payable and Receivable:
- Oversee the processing of invoices, payments, and reconciliation of accounts.
- Work closely with the Finance Coordinator to manage customer invoicing and collections.
- Monitor and analyze accounts receivable to minimize outstanding balances.
Budgeting and Forecasting:
- Support the Finance and management team in the development and monitoring of budgets.
- Contribute to the preparation of financial forecasts and variance analyses.
- Provide insights and recommendations to optimize financial performance.
Resource Management:
- Collaborate with department heads to track and manage company expenses and purchases.
- Implement cost control measures under the guidance of the Finance Coordinator.
- Conduct periodic expense reviews with department heads.
- Assist and advise on Safeguarding the company assets by ensuring proper fixed asset register, Stock accounts, bank, and cash accounts.
Financial Audits:
- Assist in the coordination and facilitation of internal and external audits.
- Ensure timely provision of financial information to auditors.
- Implement corrective actions based on audit recommendations, reporting to the Finance Coordinator.
Compliance and Regulatory Affairs:
- Stay informed about financial regulations and ensure company-wide compliance.
- Collaborate with the Finance Coordinator and legal team to address compliance issues.
- Implement and update financial policies and procedures under the guidance of the Finance Coordinator.
- Assist and advise on related compliance.
Cash Flow Management:
- Monitor and manage daily cash flows to ensure liquidity.
- Work with the Finance Coordinator to forecast future cash needs.
- Optimize cash management processes for efficiency.
Minimum requirements:
- Bachelor’s degree in Finance, Accounting, or a related field.
- Professional certification such as CPA (Certified Public Accountant), ACCA (the Association of Chartered Certified Accountants) or CMA (Certified Management Accountant) is highly desirable.
- 2-3 years’ work experience as an accountant.
Key Skills and Competencies
- Considerable knowledge of financial accounting systems and MS Excel.
- Ability to perform professional accounting work by the international “Generally Accepted Accounting and Auditing Principles” (GAAP), procedures and controls.
- Effective communication skills ability to present ideas clearly, both orally and in writing and to prepare comprehensive reports.
- Ability to identify and resolve problems promptly, gather and analyze information skillfully, develop alternative solutions, work well in groups, in problem-solving situations, and use reason even when dealing with emotional topics.
- Considerable knowledge of computerized information and financial management systems (ERPs), spreadsheets (Google Sheets and Excel), and computerized accounting systems.
- Demonstrate ability to meet deadlines, analyze financial and operational data and information, and think analytically and critically.
- Ability to maintain a high level of confidentiality, remain open to new ideas, and experiment with improved systems and proven methods.
- Ability and willingness to make consultative decisions, exhibit sound and accurate judgment, support and explain the reasoning for decisions, include appropriate people in the decision-making process, and make timely decisions.
Personal Attributes:
- High integrity levels.
- Confidentiality.
- Team player.
- Positive attitude.
- Initiative taker.
- Logical and detail-oriented.
- Good analytical and problem-solving skills.
- Highly committed and self-motivated.
Method of Application
Interested and qualified candidates shoInterested candidates are invited to submit their resume and cover letter to [email protected]. Please specify “Finance Officer Application – [Your Name]” in the subject line.
Chupa Chap is an equal-opportunity employer, and we encourage candidates from diverse backgrounds to apply.uld forward their CV to: [email protected]. using the position as subject of email.