• Conducting variance analysis at the departmental level on a month-to-month basis, offering insights into the reasons for variations.
• Effective management of daily cash balances and forecasting cash payments are crucial aspects of ensuring financial stability, especially in anticipation of challenges arising from limited cash flows. Responsibilities extend to overseeing receivables and payables, handling the issuance of cheques, maintaining thorough recordkeeping, and facilitating communication with banks.
• Compliance with taxation and statutory requirements, demonstrating a commitment to legal and regulatory obligations. Establishing and maintaining a system of policies and procedures at the site to control finance department activities is crucial for maintaining financial integrity.
• Establishing and maintaining a system of policies and procedures at the site to control finance department activities is crucial for maintaining financial integrity.
• Collaboration with external auditors to provide information and resolve any issues is part of the role, contributing to the overall transparency and accuracy of financial reporting.
• Preparation of quarterly and annual presentations for the Board of Directors, aiding informed decision-making.
• Flexibility to undertake any other relevant duties as assigned by management, reflecting a commitment to adaptability and organizational success.