The Finance Business Partner - Commercial, plays a pivotal role in steering financial strategies and operations while leading and mentoring a team across various functions including accounts receivable, accounts payable, treasury, and payroll. With a strong emphasis on leadership and team development, this role drives growth and excellence within the organization.
Direct Reports: Accounting Officer, Payroll Officer, Credit Controller, Accounts Payable Supervisor
Responsibilities:
Financial/Reporting:
- Partner with the CFO and Senior Managers to provide strategic recommendations supported by financial analysis and projections.
- Develop, implement, and monitor financial and accounting strategies, policies, and procedures.
- Design and implement a framework to drive financial acumen and accountability across the organization.
- Advise on contract negotiations from a financial impact perspective.
- Ensure timely and accurate preparation of monthly, quarterly, and annual financial reports.
Accounts Receivable (AR) and Accounts Payable (AP):
- Manage and supervise the Accounts Receivable (AR) function, ensuring timely and accurate processing of customer invoices, collections, and reconciliations.
- Oversee the Accounts Payable (AP) function, ensuring accurate and timely processing of vendor invoices, payments, and reconciliations.
- Develop and implement policies and procedures to optimize cash flow, minimize credit risk, and improve collections efficiency.
Treasury:
- Manage treasury activities including cash flow forecasting, banking relationships, and investment strategies.
- Monitor and analyze market trends, interest rates, and currency fluctuations to inform treasury decisions and mitigate financial risk.
Payroll:
- Lead the payroll function, ensuring accurate and timely processing of payroll transactions, tax filings, and compliance with regulatory requirements.
- Collaborate with HR and other departments to address payroll-related inquiries, resolve issues, and implement process improvements.
Intercompany Transactions:
- Oversee intercompany transactions, reconciliations, and settlements to ensure accuracy, compliance, and timely resolution of discrepancies.
- Collaborate with cross-functional teams to streamline intercompany processes and mitigate risks.
General Ledger (GL) Management:
- Maintain the integrity of the General Ledger (GL) by overseeing journal entries, account reconciliations, and month-end close processes.
- Ensure compliance with accounting standards, internal controls, and regulatory requirements related to GL activities.
Other Responsibilities:
- Assist in monthly/annual stock taking as needed.
- Liaise with external customers/contractors/suppliers as necessary.
