Finance Controller for Mfi International Fze in Tanzania, Ghana & Uganda

The person will be required to work closely with the REGIONAL Finance Controller / FINANCE DIRECTOR and will be required to perform: 

BUSINESS PLANS


• Preperation of Divisionwise Peridocal business plans 
• Divisionwise, projectwise Profitabiulity Analysis and advising the Management
• Formulating business Expansion Plans and Startegy together with the Management
• Business Forecasting and sales Projections with the Sales and Senior Team
• Setting the Break even Point and analysis and advise to Management
• Oversee smooth and efficient running of the Financial Department


AR MANAGEMENT
• Overseeing and Ensuring Invoicing
• Overseeing and ensuring Timely collections 
• Ensuring compliances with WHT requirements
• Overseeing Customer account reconciliation


AP MANAGEMENT:


• Overseeing Procurement , Import clearing
• Negotiating with Local and Oversees suppliers for the better Prices and terms
• Implementing Measures for cost Savings
• Overseeing and ensuring Timely Payments to Suppliers
• Overseeing Supplier account reconciliation


BANKS / FINANCE /WORKING CAPITAL:


• Structuring and overseeing the Working Capital Limits from the Bank
• Planning the Working Capital and Term Loans
• Submission on Timely basis Cash flows and other documents required by the Bank
• Overseeing the Day to Day transactions at the Bank
• Overseeing handling of Letter of Credits and other relevent documents
• Arraning the Bank guarantees , Bonds and other documents
• Managing the Bank relationship
• Attend to the Facility Documentation and handling Bank queries
• Proactive Planning on Funds Requirements, Planning Interest and cost Reduction
• Managing the Forex Risk Mitigation plan


COMPLIANCE:


• Ensuring compliance with all Statutory requirements
• Handling Registrar of company Matters and filing
• Handling Forex Planning and complaince with Centrak Bank requirements
• Ensuring the complaince with Bank Covenents


TAX PLANNING AND COMPLIANCE:

• Handling VAT matters , overseeing filing and ensuring Compliance
• Handling Income tax and WHT matters , overseeing filing and ensuring Compliance
• Handling PAYE matters , overseeing filing and ensuring Compliance
• Handling other direct and Indirect TaxMatters
• Tax Planning and advise to the Management , adhering to best practice


BUDGETS:
• Planning and Managing Monthly and Annual Budhets for Opex, Staffex and Capex
• On an annual basis reconcile gross wages, group tax, payroll tax, and superannuation & workers compensation against general ledger for review.
• On ongoing basis review company expenditure to ensure compliance with FBT regulations, reporting inconsistencies immediately to MD.
• Planning and Managing exception and various approvals


BUSINESS PROCESS:


• Monitor and Evaluate business Process
• Suggest and Implement Changes in Business Process for control, increase efficiency and effectiveness
• Evaluation of Various Projects and the Profitability 
• Project Implementation Review and completion 


MIS REPORTS:


• Handling, Preparing and submitting Timely MIS Reports
• Overseeing End Month reports
• Preparing and Submitting Periodcal PL and BS, Division Wise, Segmentwise.
• Preparing and submitting periodcal Cash flows and c ash flow Projections


COSTING:
• Handling Product Costing and Profitability
• Handling Service Costing, Job Costing and Profitability
• Handling Project Costing and Profitability


LEGAL:


• Handling Registrar of compamny Matters
• Licencing, Local County and Government Matters
• Liaisioning with Company Advocates for Day to Day requirements
• Representing company in Legal Cases in the Counrt, as and when applicable.


ACCOUNTING/AUDIT:


• Overseeing Book keeping 
• Ensuring Timely complation of Statutory Audit and filing returns
• Attending Revenue audits for smooth completion
• Review of Financial Statements and advise to the Management
• Overseeing the Stock Take, Stock Valuation, Stock Recon and disposal of Variance


ASSET MANAGEMENT:
• Draft Capital Expenditure Plan
• Overseeing Maintenenance Asset Register
• Overseeing Asset Verification and audit
• Ensuring and advising Optimum usage of assets
• Overseeing maintenance of compoany assets
• Handling risk and insurance matters on all fixed assets


GENERAL:


• Coach, mentor, team members in assisting direct reports to develop in their positions.
• Ensure that relevant information is communicated to direct reports enabling them to effectively carry out their functions.
• Delegate tasks to direct reports inline with skill, knowledge and ability and where necessary identify skill gaps and training requirements.
• As required, become involved in relevant personnel matters including recruitment, termination and counseling.
• Ensure all reasonable steps are taken in order to achieve workplace harmony within the organization at all times
Qualification : Chartered accountant or Inter CA with 8+ years experience
Experience : 5-8 years in similar role in a Manufacturing / Trading / Service Company
Should have excellent Communication skill, command on English Language, Should be able to negotiate in Commercial Matter, Ready to Travel
Age: Between 30-38 years.

Perks / Benefits:
• Semi furnished accommodation
• Medical re-imbursement
• Free transport to and fro place of work
• Electirity / water paid by company
• Fare to home country once in two years, ( once in a year if bachelor status)


Recruiter Name:Mr. Prakash Nayak
Contact Email:uganda@groupmfi.com