Job Description
F77 Botswana 283B
Job Title: Finance Manager
Position: Finance Manager
Location: Gaborone, Botswana
Employer: Confidential (through Freedom 77 Recruitment)
Employment Type: Permanent
Industry: Mining and Minerals
Salary Guide: To be discussed in the interview
Positions Available: 1
Important Note: Please ensure your CV is not scanned. Only Microsoft Word documents or original PDF versions will be accepted.
Job Description
Our client, a well-established company operating within Botswana’s diamond industry, is seeking an experienced and commercially focused Finance Manager to lead its finance function.
The Finance Manager will be responsible for financial planning, reporting, budgeting, compliance, internal controls, treasury management and the overall financial administration of the organisation. The successful candidate will provide accurate financial information and strategic guidance to senior management while ensuring that the company complies with applicable accounting standards, tax legislation and regulatory requirements.
The role requires a strong understanding of financial management within a manufacturing, diamond, mining, luxury goods or similarly regulated environment. The Finance Manager will also be expected to oversee inventory accounting, production costs, foreign currency transactions, audits and the development of effective financial controls.
Key Responsibilities
- Lead and manage the company’s finance and accounting function.
- Prepare accurate monthly, quarterly and annual management accounts and financial statements.
- Coordinate the annual budgeting, forecasting and financial planning processes.
- Monitor organisational performance against approved budgets and provide detailed variance analysis.
- Provide financial analysis, recommendations and commercial insights to senior management.
- Ensure that financial statements are prepared in accordance with International Financial Reporting Standards and applicable company policies.
- Oversee the general ledger, accounts payable, accounts receivable, fixed assets, payroll accounting and bank reconciliations.
- Manage cash flow, banking relationships, working capital and treasury activities.
- Monitor foreign currency exposure and assist in managing exchange-rate risks.
- Oversee inventory accounting, stock valuations, production costs, cost allocations and inventory reconciliations.
- Ensure that diamond inventory and other high-value assets are accurately recorded, controlled and reconciled.
- Work closely with operations and production teams to monitor manufacturing costs, operational expenditure and profitability.
- Establish and maintain effective financial controls, policies and procedures.
- Identify financial and operational risks and recommend appropriate mitigating controls.
- Coordinate internal and external audits and ensure that all audit requirements are addressed within agreed timelines.
- Ensure compliance with Botswana Unified Revenue Service requirements, including corporate income tax, Value Added Tax, Pay As You Earn and other statutory obligations.
- Ensure compliance with transfer-pricing requirements and maintain appropriate supporting documentation where applicable.
- Prepare and submit statutory, regulatory and group financial reports within prescribed deadlines.
- Support the preparation of financial information required by shareholders, directors and other stakeholders.
- Review contracts, procurement commitments and major expenditure requests from a financial and risk perspective.
- Monitor capital expenditure and ensure that approved projects remain within budget.
- Maintain accurate financial records and ensure the integrity and confidentiality of financial information.
- Manage, mentor and develop employees within the finance department.
- Establish performance objectives for finance team members and monitor their progress.
- Support the implementation and improvement of accounting systems, Enterprise Resource Planning systems and financial reporting tools.
- Participate in strategic planning, business improvement and cost-optimisation initiatives.
- Perform any other finance-related responsibilities assigned by senior management.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, Commerce, Business Administration or a related discipline.
- A recognised professional accounting qualification such as ACCA, CIMA, CA, CPA or an equivalent qualification.
- Membership in good standing with the Botswana Institute of Chartered Accountants or eligibility for membership.
- Sound knowledge of International Financial Reporting Standards.
- Strong knowledge of Botswana’s tax legislation, statutory reporting requirements and financial regulations.
- Proficiency in Microsoft Excel and recognised accounting or Enterprise Resource Planning systems.
Preferred Qualifications
- Master’s degree in Finance, Accounting, Business Administration or a related discipline.
- Professional training in taxation, risk management, internal audit, corporate governance or financial modelling.
- Knowledge of transfer pricing, foreign currency management and group financial reporting.
- Experience working with multinational organisations or companies with international reporting structures.
- Understanding of diamond valuation, diamond inventory controls or precious commodities accounting.
Skills
- Strong financial reporting and management accounting capabilities.
- Excellent budgeting, forecasting and financial modelling skills.
- Strong analytical, problem-solving and decision-making abilities.
- Excellent knowledge of internal controls, risk management and audit processes.
- Strong understanding of inventory, manufacturing and cost accounting.
- High level of accuracy and attention to detail.
- Strong commercial awareness and business acumen.
- Excellent leadership, supervisory and team-development skills.
- Ability to communicate complex financial information clearly to non-financial stakeholders.
- Strong written and verbal communication skills.
- Excellent organisational and time-management abilities.
- Ability to manage competing priorities and meet strict reporting deadlines.
- High level of integrity, professionalism, confidentiality and ethical judgement.
- Ability to work effectively with senior executives, auditors, regulators, banks and operational teams.
- Advanced proficiency in Microsoft Office, particularly Microsoft Excel.
- Ability to identify process improvements and implement effective financial solutions.
Relevant Experience
- A minimum of eight years of progressive experience in accounting, financial management or a related finance function.
- At least three years of experience in a finance management, financial controller or senior accounting position.
- Demonstrated experience preparing management accounts, budgets, forecasts and statutory financial statements.
- Experience managing audits, taxation, treasury, cash flow and regulatory reporting.
- Experience supervising and developing finance professionals.
- Previous experience within the diamond, mining, manufacturing, luxury goods, jewellery or precious commodities industry would be highly advantageous.
- Experience working in a multinational organisation or within a group reporting environment would be an added advantage.
Application Deadline: This job is open for applications until further notice.
How to Apply:
- We only accept applications done via our online Job Portal.
- Applications done via email will automatically be rejected.
- Simply Upload your Cover Letter and CV on our Job Portal.
- No need to upload Certifications or References. (we will request them at a later stage before you attend the interview)
Contact Information:
- Website: www.freedom77.org
- Email: info@freedom77.org
- We only accept applications done via our online Job Portal.
Disclaimer:
Applying for this job does not guarantee placement nor does it guarantee placement of the specific job post applied for.
This job position has previously been requested in the job market.
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We will keep you posted if you are successful to be invited for an initial interview.
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