Country Finance Manager, FMCG

Adexen Recruitment Agency was mandated by an international FMCG company to recruit an expatriate Country Finance Manager for its operations in Ghana. The position is based in Accra.

Responsibilities

• Develop the Annual Financial Budget and the 3-year Annual Operating Plan (AOP) for Ghana.
• Support the Managing Director in the creation and enhancement of shareholder value through the development and execution of business strategies.
• Implement and sustain finance processes and lead cost effective stewardship of the company’s assets and operations.
• Develop and monitor the capital expenditure plan for the group
• Forecast the funding requirements and assess impact on the balance sheet and cash flow
• Prepare the consolidated financial budgets and present to the Board of Directors of CB/MAK Holdings
• Develop financial planning analysis and justification for any major projects including items such as capital expenditures, acquisitions, new product or pack launches, capacity enhancement and cost reduction strategies
• Prepare and present the Monthly Operating Statement (MOS) and KPI’s for the management committee (MANCOM), highlighting areas of process improvements to reduce cost
• Provide timely monthly results reporting to CB/MAK Holdings
• Coordinate the preparation for both the half-year accounts prior to publication for the Board of Directors as well as the statutory audit of annual accounts
• Report in a timely manner sales and cash reconciliations as per SOP
• Ascertain that the company has appropriate insurance policies covering all areas of operations and is in compliance with statutory and commercial requirements
• Coordinate the Annual General Meeting
• Monitor the legal cases of the company
• Ensure tax planning and compliance with the tax administration authorities

• Must have good analytical & computer skills especially MS office.
• Quickly formulate and present different Financials models/pack profitability for innovations
• Must be expert of dealing with Audit firms & deal with regulatory requirement
• Improve and monitor the Internal Audit policies and procedures of the group on a regular basis
• Ensure the internal audit activities of all the regions and group companies is compliant with company SOPs
• Develop a tracking system to ensure proper stock and cash controls are being adhered to in the regions and at the depots
• Monitor compliance with the recommendations of the regional internal audit report(s)
• Develop and monitor cash flow forecasts
• Ensure strict adherence to policies on bank account reconciliations
• Negotiate with banks on pricing and tenure for working capital financing
• Ensure adequate lines of credit are maintained for CAPEX and on-going imports payments
• Monitor currency exposure and risk on a regular basis
• Monitor regional accounts receivable

Desired Skills and Experience

• Finance degree from an accredited business school/recognised university
• 15 years of work experience in various financial roles with at least 5 years in a Finance Manager role in a multinational company
• Experience in the soft drinks industry a plus
• Advanced Business Acumen
• Financial Analytical Skills
• Risk management
• Problem Solving & Decision Making
• Results Oriented
• Strong leadership skills
• Previous experience in Africa is a plus