HTIC Global - Finance Manager

Finance Manager

About the Job:

Job Purpose:

- The Finance Manager is a critical role responsible for the financial health and strategic direction of the company.

- This position requires a highly motivated and experienced individual who can provide expert financial guidance, manage all financial aspects of the organization, and contribute to the overall success of the business.

- The Finance Manager will play a key role in financial planning, analysis, budgeting, forecasting, reporting, and ensuring compliance with financial regulations.

- This role involves close collaboration with senior management to develop and implement financial strategies that align with the company's goals and objectives.

- Required Experience: 2-4 years

Key Responsibilities:

Financial Planning & Analysis:

- Develop and maintain robust financial models and forecasts, providing insights into future financial performance.

- Analyze financial performance against budgets, forecasts, and prior periods, identifying key trends, variances, and opportunities for improvement.

- Prepare comprehensive financial reports and presentations to support business decisions, including variance analysis, profitability analysis, and cash flow projections.

- Conduct in-depth financial analysis to evaluate the financial implications of strategic initiatives, new product launches, and other business opportunities.

- Provide financial support and guidance to other departments, assisting them in developing business cases and evaluating investment opportunities.

Budgeting & Forecasting:

- Lead the annual budgeting process, collaborating with department heads to develop realistic and achievable budgets.

- Develop and maintain rolling financial forecasts, incorporating current business trends and anticipated changes in the market.

- Monitor budget adherence and financial performance throughout the year, providing timely feedback and recommendations to management.

- Implement and manage budget control processes, ensuring that expenditures are in line with approved budgets.

Financial Reporting:

- Prepare and present accurate and timely financial statements (monthly, quarterly, and annually) in accordance with applicable accounting standards (GAAP, IFRS).

- Ensure compliance with all relevant accounting standards, regulations, and reporting requirements.

- Manage the month-end and year-end close processes, ensuring timely and accurate completion of all financial reporting activities.

- Coordinate with external auditors during the annual audit process.

Cash Flow Management:

- Monitor and manage cash flow, ensuring sufficient liquidity to meet operational needs and strategic objectives.

- Develop and maintain cash flow forecasts, anticipating future cash needs and identifying potential funding sources.

- Oversee accounts payable and receivable functions, optimizing working capital and minimizing bad debt.

- Manage banking relationships and negotiate credit facilities as needed.

Internal Controls & Compliance:

- Implement and maintain a strong internal control framework to safeguard company assets and ensure the integrity of financial information.

- Ensure adherence to financial regulations, policies, and procedures, minimizing financial risk and ensuring compliance with all applicable laws.

- Conduct periodic reviews of internal controls and procedures to identify areas for improvement.

Team Management:

- Supervise and mentor finance team members, providing guidance, support, and development opportunities.

- Conduct performance reviews and provide feedback to team members, fostering a positive and productive work environment.

- Delegate tasks effectively and empower team members to take ownership of their responsibilities.

Strategic Initiatives:

- Support strategic planning and decision-making processes, providing financial insights and analysis to senior management.

- Participate in financial due diligence for mergers, acquisitions, or other business initiatives.

- Contribute to the development of long-term financial plans and strategies.

Stakeholder Communication:

- Liaise with external auditors, tax advisors, and other financial partners.

- Present financial information to senior management, the board of directors, and other stakeholders.

- Communicate effectively with other departments within the organization, providing financial support and guidance as needed.

Qualifications:

- Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.

- 2-4 years of progressive experience in financial management.

- Strong understanding of accounting principles, financial reporting, and internal controls.

- Proficiency in financial modeling, budgeting, and forecasting.

- Excellent analytical, problem-solving, and decision-making skills.

- Strong communication and interpersonal skills.

- Ability to work independently and as part of a team.

- Proficiency in relevant financial software and ERP systems.