Job Description
• Prepare and analyze monthly, quarterly, and annual financial statements (P&L, Balance Sheet and Cash Flows).• Ensure accurate and timely financial reporting in accordance with IFRS and company policies.• Present financial results and insights to BU manager and corporate finance.• Lead the budgeting process for the business unit, coordinating with department heads to develop financial plans.• Monitor budget performance and provide variance analysis to identify trends and areas for improvement.• Update forecasts regularly to reflect changes in the business environment.• Conduct in-depth financial analysis to support strategic decision-making.• Assess the financial implications of business decisions, investments, and operational changes.• Identify opportunities for cost reduction and revenue enhancement.• Ensure compliance with financial regulations and internal control policies.• Implement and maintain financial policies and procedures to safeguard company assets.• Coordinate internal and external audits, addressing any findings or recommendations.• Prepare annual budget & quarterly forecasts in collaboration with BU manager (operational, overhead costs and capital expenditures, project capital assets employed). • Prepare profitability analysis reports for all segments of the business unit’s operations. • Ensure billings, are prepared on a timely basis and prompt collection of receivables.• Report on the status of accounts receivable and unbilled revenues and ensure proactive follow-ups.• Analysis of Trial Balance.• Liaise and coordinate with corporate treasury with respect to all treasury matters.• Liaise and coordinate with corporate accounting shared services on payables including follow up on the suppliers payments priority list, taxation and accounting matters.• Prepare accurate & reliable monthly cash flow forecast in coordination with BU management.• Ensure monthly financial review of the BU performance (regular review of billings, actual earned revenues, actual cost, and overheads).• Highlight problems and issues on projects to BU management and corporate finance on a timely basis.• Assist BU management and staff with the use/understanding of ERP and assist the operational personnel in the use of a cost control and accumulation tools in compliance with the standards of SISCO Group.• Verify and approve all cost effect transactions.• Apply revenue recognition method that complies with IFRS.• Identify potential risks in conjunction with the BU management team and ensure remediation plans are developed for deficiencies identified and ensure these plans are put into place.• Prepare the reconciliation analysis for unbilled revenue on monthly basis.• Ensure that financial controls are adequately implemented on all BU sites.• Manage and mentor the finance staff within the business unit.• Foster a collaborative environment that encourages professional development and continuous improvement.• Support cross-functional teams with financial insights and analysis.
