Currently, “FINCA Azerbaijan” Non-Bank Credit Organization is looking for a Finance Manager.
Essential Duties include the following.
- Responsible for timely and accurate preparation of financial reporting (primarily monthly and annual) according to IFRS and regulatory requirements (CBAR).
- Responsible for timely presentation of reports based on timeline set by HQ.
- Analyze client's data, review, and prepare analysis as requested with explanations of main trends and recommendations to the management for effective decision making.
- Ensure completeness, accuracy and control of data and reports in the system.
- Liaising with internal and external audits as well as CBAR and HQ as required.
- As a member of Reporting and SW Committee member to attend committee meetings once per week and participate in approval for development of or modification to reports.
- Handle requests that directly works HQ IT team and if needs more information providing and explanation of requests.
- Assist CFO on managing lender relationship.
- Liaison with lenders during due diligence process, providing required data and reports and hold meetings with them.
- Ensure timely and accurate lender reports.
- Review, timely and accurate calculation of covenants as per debt agreements and update CFO on status of compliance with covenants.
- Lead the annual budgeting and forecasting process during the year. Ensure budget is prepared based on srategc vision of the company and operational plan.
- Monthly review of actual results vs budgeted, review variances and report to CFO of material variances and trends, recommend correctie actions.
- Send monthly reports to budget holders regarding budget implementation.
- Review PO to ensure they are planned and in cse of overbudgets ensure approval of CEOand CFO is in place.
- Gather OPEX monthly plans within 5 working days from budget holder to ensure predictable and controlled budget usage.
- Oversee liquidity, cash management and cash flow planning.
- Monitor cash levels and provide daily treasury report to CFO.
- To prepare weekly, monthly and annual cash flow and recommend corrective action to CFO
- Close communication with Business leads to plan liquidity necessary for sale on weekly basis
- Keep updated payment schedules to ensure timely and accurate payments
- Assist CFO to maintain FINCA Azerbaijan Finance Manual and Accounting Manual and prepare updated versions as necessary in collaboration with the department members.
- Notify and obtain approval from CFO for any needed changes in operating procedures, policies, forms, etc., for assigned area.
Qualifications
- Minimum 5 years of progressive experience in an reporting/finance related environment
- Minimum 2 years of experience managing or coaching staff
- Substantial knowledge of IFRS and Local Accounting Standards
Education & Experience
- Bachelor’s Degree in Finance/Accounting or related field
- Professional Finance degree (Qualified/Partly Qualified) ACCA or CFA
Language Skills
- Fluent in Azerbaijani, English is required and Russian language preferred.
Computer Skills
- Advanced knowledge of Microsoft Office (Excel, MS Word, Power Point)
Perks and Benefits
- Medical insurance (covering the employee)
- International working environment
Interested candidates can apply by clicking the link provided in the "Apply" button.