Job closed
Ref: OP788-60
Job description / Role
This is a unique opportunity to join a regional holding company which has ambitious expansion plans. The person will be involved in high level decision making on both operations and the long-term strategy of the group.
This position will report directly into the Chief Financial Officer of the group.
KEY RESPONSIBILITIES:
- To ensure all the Group policies and procedures are implemented properly, communicated to all staff, monitored regularly, adhered too in all instances and rolled out to any new employees.
- Where a policy or procedure is required but not yet developed, to develop such policy in the required format, obtain the necessary approvals and implement.
- To implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control.
- Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts and feasibility studies.
- Preparation of reports daily, weekly and monthly which include but are not limited to revenue analysis, debtors analysis, monthly management accounts.
- Preparation of annual budgets per business unit with quarterly updated rolling forecasts.
- Preparation and presentation of monthly Business Review Pack (BUR).
- Submission of a monthly Financial Managers report summarizing the performance of the businesses under your control, which includes a P&L, variance analysis against budget and forecast, balance sheet and cash flow, focus areas for the next month, control weaknesses and corrective actions.
- Management and control of all banking related transactions within the resaurant.
- Daily cash flow monitoring and management which includes the management of payables. - Monthly balance sheet reconciliation review and authorize.
- Preparation of accounts must be in line with IFRS.
- Overseeing and control of the purchasing department ensuring the right item is purchased at the most competitive price.
- Monitor supplier/customer agreements regarding respective revenue and cost associated with them.
- Use industry experience and initiative to identify areas for cost cutting and/or revenue improvement.
- Ensure all businesses and assets under your control are at all times properly insured through a reputable insurance company, claims are processed timely with appropriate.
- Risk management of assets, currency, credit and liquidity. - Ensure that all IT systems are being used in accordance with the business requirements and proper segregation of duties is implemented.
- Manage and coordinate internal and external audits.
- Strive to build a team culture by working together with the respective business and department heads in support of their strategies to achieve the business plan.
- Oversee the payroll
- Serve as advisor to key management regarding strategic projects and operational requirements.
- Provide leadership to your finance team members and strive to be industry leading in terms of accuracy, quality, timings, execution and delivery.
- Developing and monitoring KPIs and KPAs for the finance staff.
- Foster a performance driven environment with quarterly staff performance reviews, identifying training needs and mentoring/coaching staff.
- Be familiar with the labour law and HR practices in the business and industry.
Requirements
- 5 + years of experience
- Chartered Accountant or similar qualification
- Proven track record within the restaurant industry
About the Company
Oil and Gas exploration is evolving on a global scale, putting the need for specialist talent at the top of the agenda. Its a vast, political, complex, heavily candidate-lead market with the emphasis on dynamic, multiple project opportunities, rather than the pre-recession security of long-term positions.
For businesses, the need to innovate in emerging, competitive markets has put the pressure on and with major oil companies selling off their assets to smaller independent operators, the games gained plenty of new players too.