Job Purpose
- The FinanceManager is responsible for managing the organization’s financial resources, ensuring optimal liquidity, effective cash flow management, and minimizing financial risk.
- The role oversees banking relationships, funding strategies, and compliance with financial policies to support business operations and growth.
Key Responsibilities
Cash Flow & Liquidity Management:
- Monitor daily cash positions and ensure sufficient liquidity for operational needs
- Prepare and manage short-term and long-term cash flow forecasts
- Optimize cash utilization across the organization
Banking & Relationship Management:
- Manage relationships with banks and other financial institutions
- Negotiate banking facilities, loan terms, and service agreements
- Oversee all banking transactions and ensure accuracy
Payments & Collections Oversight:
- Supervise all payments vendors, salaries, statutory obligations
- Ensure timely collections and proper cash application
- Maintain strong internal controls over disbursements
Financial Risk Management:
- Identify and manage financial risks including liquidity, interest rate, and foreign exchange risks
- Develop and implement risk mitigation strategies
- Ensure compliance with internal policies and regulatory requirements
Funding & Investment:
- Develop and implement funding strategies for working capital and capital projects
- Evaluate investment opportunities for surplus funds
- Monitor loan repayments and debt obligations
Treasury Operations & Controls:
- Establish and enforce treasury policies, procedures, and controls
- Ensure proper documentation and audit trails for all treasury activities
- Support internal and external audit processes
Reporting & Analysis:
- Prepare treasury reports including cash position, forecasts, and risk exposure
- Provide insights to management for strategic decision-making
- Support financial planning and budgeting processes
Team Leadership:
- Supervise and develop treasury staff
- Ensure high performance and continuous improvement within the team
Qualification and Experience
- Bachelor’s Degree in Finance, Accounting, Economics, or related field
- Professional certification e.g., ICAN, ACCA is required
- Must have 7–10 years’ experience in treasury or finance roles
- Experience in a manufacturing or pharmaceutical environment is mandatory.
