Plan and supervise the overall finance function including:?
- Cash management
- Assets control
- Accounts receivable
- Inventory
- Accounts payable
Establish relationship with key customer finance heads?
Follow up with collectors for both Govt and Private payments. Follow up with sales / service teams to ensure all documents are correctly prepared for submission to Govt customers.
Manage and ensure compliance with the regulatory and legal requirements including tax, licensing and permits, audit, labor, social security and trade law etc.
Handle external auditors, insuring that financial statements are ready for audit on time.
Negotiate banking facilities and charges in line with business requirements and directives.
Advises the sales and service teams on margins, payment terms and set customer credit limits.
Analyze inventory aging, receivables aging, overdues and accounts reconciliations.
Regularly prepare the data required for the business reviews and report on deviations from the plan and recommend the corrective measures if required.
Set performance agreement for accounting personnel and review their performance periodically.
The achievement of the business plan financial parameters, examples:
