Head / Finance Manager

Summary: To monitor and control actual activities against budget. To prepare monthly and annual accounts and cost centre reports. To maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within country. To prepare monthly and annual accounts as well as cost centre reports. To provide and interpret financial information. To develop financial management mechanisms that minimise financial risk. To be abreast on changes in financial regulations and legislation within country. To conduct reviews and evaluations for cost-reduction opportunities. Liaising with auditors to ensure annual monitoring is carried out.

Principal Accountabilities include, but are not limited to the following:

General AccountingReview the general ledger, receipts, payments, general and standing journalsEnsure the monthly financial statements including income statement, cash flow and balance sheet are properly recordedEnsure timely month-end and year-end closingPerform continuous assessment of the close process and process re-engineering to reduce the timing to close the financial periodAssist in assuring lowest possible operating costs and proper cost control for business operated in-countyApprove standard journal entries and maintain Invoice RegisterPrepare variance reporting in support of the financial statementsEnsure compliance with Angolan & Bumi Armada’s Accounting standards, statutory regulations and taxation lawsEnsure the statutory asset register, including asset depreciation charges as per the policy are being maintainedVerify and approve the calculation / reconciliation of the amounts to be paid / claimed to vendors, debtors, staff and crewVerify accuracy, and ensure timeliness in payment of withholding taxes, income taxes and payment to Government agencies or Statutory BodiesWork with specific business unit teams to analyze and monitor OPEX across business in-country, asset types and other relevant ratiosPrepares cost estimates, tracking and control procedure and continuously look at the ways of improving processes and revise procedure accordinglyBudgets and ForecastingFacilitate the annual budget and budget preparations, reporting and compilation in consultation with the Country Manager and appropriate departments.

Perform cost analysis and advise Operations/Management on cost over-runs in a timely manner so the corrective actions can be taken. Advise Business Unit management and operations on cost matters, preparing the appropriate metrics to support. . Treasury / Fixed AssetsWork with specific business unit teams to input CAPEX costs and estimates for docking, special surveys and others as required. Manage the day-to-day cash flow requirements, calculating the monthly Debts Cover Ratio and advice HQ Finance of the status. Liaise with the bankers on application of Letter of Credits and Bank Guarantees and escalate the status to HQ Finance whenever required.

Ensure that the fixed asset register are properly maintained and updated every month. Ensure assets cost are capitalized and recorded accurately. Statutory RequirementsComplete the various statistical surveys as required by the relevant authorities. Prepare documentation for change of banks signatories each year, as required. Statutory AccountsLiaise closely with the external auditors on the preparatory to and during the audit program. Quality Management SystemsIdentify and recommend to the management if systems currently in place need to be amended to improve efficiency. OthersSupervise and recommend training to accounting staffQuarterly review and analysis Vendor spending in country.

Review with Operation/Management in headquarters on each spending and provide implementation. Review the crew cost and work with Fleet HR team to understand the monthly spending in country. This will enhance Chartering/Management to decide and select the New Chartering parties. Conduct other duties that may be specified from time to time by the Country Manager & HQEnsure familiarization and compliance with the current and subsequent policy. Requirements: 10 years of experience in related field. Knowledge of general accounting principles, practices, procedures and account receivable. Excellent interpersonal and communication skills, both verbal and written.

Attention to detail and ability to cope with several tasks simultaneously, and be deadline oriented. Initiative and analytical skills are mandatory. Demonstrate skills in the utilization of automated financial systems including report generation. PC literate and knowledge in SAP. English and Portuguese proficiency.