Job Summary
To achieve cost-effective utilisation of ITHorizons’ financial resources, through the definition of financial standards, policies and procedures
Responsibilities
Engages Executive Management and the appropriate Board Committee to develop short, medium, and long-term financial plans and projections.
Develops and utilises financial models and activity-based financial analysis to provide a basis for investment decisions and business planning.
Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations.
Develop and maintain financial policies, procedures, and controls to ensure efficient financial management.
Monitor third-party payments to ensure justification and alignment with approved budgets.
Prepare and communicate timely, accurate, and useful financial and management reports.
Raise funds as approved by the Board of Directors.
Implement a sound accounting framework in compliance with statutory provisions.
Develop and implement a robust financial reporting system.
Ensure accurate financial transactions and reporting.
Approve accruals and adjustments on erroneous financial transactions.
Liaise with statutory auditors to resolve queries.
Develop and manage relationships with external bodies.
Respond to requests from financial institutions.
Approve payroll along with Head, P&C.
Advise executive management on financial regulations, legislation, and government tariffs.
Manage treasury assets to achieve optimal sourcing, application, and growth of funds.
Provide technical training and guidance on financial accounting issues and trends.
Manage day-to-day accounting transactions and lead the Finance Department.
Manage staff performance in the Finance Department.
Review weekly financial reports and present timely reports to the CFO.
Coordinate the preparation of financial reports and statutory reporting process.
Oversee the preparation of regular financial and management accounts.
Perform other duties assigned by the CFO.