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Finance Manager

Prime Packaging PLC

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Finance

Accounting

Addis Ababa

3 years

1 Position

2023-07-11

to

2023-08-08

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Accounting

Accounting & Finance

Full Time

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Job Description

Prime packaging Plc is a new entrant to Ethiopia packaging and labeling industry. The company is aiming to be full-service solutions for any size project. We produce and supply – paper and plastic labels, flexible and rigid packaging materials and pouches. Our plant is based in Addis Ababa, Kilinto Industrial park.

Job Description

SUMMARY

As Finance Manager, your responsibilities will include overseeing end-to-end finance operations, financial planning and analysis, balance sheet reconciliations, looking to make improvements to procedures and controls, as well as ad-hoc projects and requests as and when they come up.

Key Performance Areas:

Financial:

  • Responsible for the accuracy of the monthly Management Accounts, including the company Reporting Pack. This will include a review of all financial issues such as General Ledger recons, Creditor recons and Age Analysis, Debtors Age Analysis & Fixed Assets Register.

  • Responsible for managing the finance team, including performance, deadlines & deliverables. Perform quarterly KPI reviews with the finance team.

 Preparation of key monthly reports:

  • Internal Management Accounts

  • Product Costing

  • Margin Analysis

  • Weekly Sales Reports

 Responsible for Cost Accounting functions:

  • Valuation of inventory

  • Product costings

  • Review of import costings

  • Responsible for inventory master data

  • Create/maintain product master data

  • Create/maintain manufacturing master data

  • Schedule monthly review meetings with other  department Managers to review performance

  • Scheduling of monthly stock counts & review of monthly stock variances

  • Preparation of Project Cost justification calculations

Operational:

  • Supplier contract management, including financial analysis of proposed purchases

  • Formalization of policies & procedures

  • Monitoring implementation of policies & procedures

  • Responsible for Fixed Assets Register

  • Responsible for Sales price master data

  • Monthly Payroll review and variance analysis.

  • Annual Budget preparation.

  • Monthly tax computation and Corporate tax submissions.

  • All Company tax compliance and submissions.

  • Daily cash flow management.

  • Oversight and super user for ERP System.

  • Cost tracking against budgets and implementation of corrective action.

  • Responsible for the execution and finalization of the annual financial audit

  Competencies Required:

Problem Solving:

  • You develop practical, feasible solutions

  • You anticipate problems and strategies to counteract the potential impact

  • You generate various solutions, options & contingency plans for problems

Action Orientation & Decisiveness:

  • You analyze alternatives before arriving at a decision but are able to make decisions without necessarily having all the information

  • You provide clear direction to the team

  • You are able to make speedy decisions that take into account the broader context & longer-term consequences

Planning & Organizing:

  • You are able to focus on tactical planning while not losing sight of short-term objectives

  • You can translate medium or long-term objectives into measurable plans, milestones & timescales

  • You are able to break down a bigger objective/issue into manageable components & delegate & communicate individual & team objectives, performance standards & timelines

Initiative & Enterprise:

  • You constantly look beyond tried-&-tested methods to generate creative solutions

  • You encourage creative thinking in team members, peers & direct reports

  • You demonstrate lateral thinking

Communication:

  • You ensure effective communication between teams & departments

  • You demonstrate sound presentation & facilitation skills & are able to maintain control

  • You are able to communicate both up-&-down the line as well as explain business & technical concepts

Knowledge & Skills:

  • Excel skills (Pivot, V-Look ups for data analysis)

  • Taxation knowledge & practical experience in submissions

Job Requirements

Requirements:

Qualification:

  • Minimum BA Degree in Accounting

Knowledge & Skills:

  • Excel skills (Pivot, V-Look ups for data analysis)

  • Taxation knowledge & practical experience of submissions

Experience:

  • Minimum three years’ experience as Financial Manager in a manufacturing environment

  • Minimum three years’ experience managing a Finance Team

How to Apply

We invite all candidates meeting the required qualifications to send (i) a cover letter, (ii) CV (maximum 3 pages) via CLICK HERE

Fields Of Study

Accounting

Accounting & Finance

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