Senior Finance Supervisor

The Senior Finance Supervisor supports the Group Finance Director in overseeing the routine accounting functions, financial and management reporting, audit, taxation, treasury management.

The Senior Finance Supervisor supports the Group Finance Director in overseeing the routine accounting functions, financial and management reporting, audit, taxation, treasury management, ensuring efficient property, tenant and general administration, high occupancy rates, effective personnel management and the timely and accurate discharge of all functions and external reporting for the organization and its subsidiaries. The SFS may be required from time to time, to support the Group Finance Director and the Managing Director.

Key Result Area: Accounting

• Manage a team of finance assistants and supervisors by recruiting, selecting, orienting, training, assigning, scheduling, coaching, counselling and disciplining employees’ communicating job expectations; planning, monitoring, appraising and reviewing job contributions’ planning and reviewing compensation actions; enforcing policies and procedures.

• Oversee the company’s accounts payable function ensuring that all payments are properly authorized, adhere to payment terms and ensuring that GP is updated on a timely basis and relevant sub ledgers agree to the GL and that books and records reflect a true and fair view of the assets, liabilities, income and expenses of the companies.

• Oversee the payroll function ensuring salaries, wages and related payments are processed on an accurate and timely basis while maintaining strict confidentiality.

• Oversee and coordinate the annual budgeting process to ensure budgets are submitted to the Board for approval on a timely basis for DPL and relevant subsidiary companies.

• Prepare individual and consolidated P&L, balance sheet, cashflow and CAPEX budgets/projections for submission, ensuring approved P&L budgets are uploaded to GP and submitted to Group Finance within the established timelines.

• Prepare, analyse and present monthly individual and consolidated management accounts to senior management, quarterly reports to the Board commenting on the key business metrics and performance indicators and quarterly consolidation packs to Group Finance.

• Develop annual marketing plans and budgets to meet the goals and objectives of the company.

Result Area: Budgeting

• Oversee and assist in the annual budgeting process to ensure that Facilities Management and Property Administration submits information to prepare budgets in accordance with the established deadlines.

• Review the revenue and CAPEX budgets and projected cash flow statements and any others as may be required from time to time for submission to Group Finance for consolidation.

• Prepare the consolidated budgets, cash flow statements and CAPEX budgets for presentation to Directors and for external submission as required.

• Monitor progress and changes and keep senior leadership abreast of the organization’s financial status, including recommendations for budget in light of fundamental changes in the internal business or external economic environment.

• Assist management in the formulation of its overall strategic direction.

• Prepare budgets and rolling estimates within the prescribed timelines, using and developing systems and models to support the process.

• Liaise with operational Managers on their performance against budget/forecasts and provide specialist financial management advice on budget control and forecast outcome.

• Manage the capital planning and expenditure process in accordance with the CAPEX Approval Policy and reporting on on-going expenditure as well as post implementation evaluation on projects.

Key Result Area: Financial & Management Reporting & Analysis

• Ensure accurate and timely preparation of individual and consolidated quarterly and annual financial statements in accordance with International Financial Reporting Standards.

• Review and approve management accounts to be submitted to Financial Institutions and its subsidiaries.

• Monitor the performance and provide reports and analysis to the Board of Directors.

• Consolidate, analyze and present monthly management reports to the Board, reporting on variances between actual performance and budget performance, recommending corrective action.

• Prepare ad hoc Group level reports as required and main Group level financial reports.

• Oversee the collection and collation of data, ensuring alignment with the financial statements.

Key Result Area: Treasury and Investment Management

• Oversee the preparation of weekly, monthly and annual cash projections to ensure that funds are available to enable effective operations.

• Forecast and model future events, identifying potential challenges if cash flow is limited.

• Assist the Finance Manager in raising new funds by providing information, business plans and analyses to support funding requests.

• Monitor all financial and other covenants required by lenders for compliance.

Requirements 
• Professional Accounting/Finance Designation e.g. ACCA, CA,CFA or its equivalent.
• Master’s degree in Finance or an MBA with a Finance specialty, would be considered an asset.

• 3+ years of Management experience with demonstrated track record of success.
• Experience working with medium to large scale computerized accounting and or ERP systems, experience with Microsoft Great Plains Dynamics would be considered an asset.
• Expert knowledge of International Financial Reporting Standards.
• General knowledge of banking products and treasury operations.
• Knowledge of the principles of project management would be an asset.