Finance & Procurement Manager - Prebbie Properties

 

Job Title: Finance & Procurement Manager

Job Category: Level III - Frontline/Middle Management

Subsidiary Company: PREBBiE Properties

Job Location: Dansoman, Accra (On-site)

Job ID: PP/01/2025/S008

Job Posted: November 13, 2024

Application Due Date: November 19, 2024

Monthly Gross Salary Range: GH₵ 7,095.40 – GH₵ 9,444.50

Job Summary

The Finance Manager shall be responsible for managing the financial health of the company in order to promote success and growth while maintaining legal financial practices. The job holder’s duties shall typically include financial planning to determine how to pay off liabilities and grow the business, reviewing financial documents to ensure tax-compliance and collaboration with other departments to achieve monetary goals.

Key Responsibilities

Financial Planning & Budgeting

• Develop and implement comprehensive financial plans and budgets for the company and its departments.
• Conduct market research and analyze industry trends.
• Collaborate with department managers and Head, Property Development & Operations to establish financial goals.

Financial Reporting & Analysis

• Prepare and review financial statements (balance sheet, income statement, cash flow) with supervision from the Head, Finance & Procurement.
• Analyze financial performance, identifying areas for improvement.
• Develop and maintain financial dashboards.

Accounting & Treasury

• Oversee accounting operations, ensuring compliance with GAAP and regulatory requirements.
• Manage cash flow, accounts receivable, and accounts payable.
• Ensure accurate financial records and reporting.

Financial Modeling & Forecasting

• Develop financial models for new projects for the departments.
• Conduct sensitivity analyses and scenario planning with support from the Head, Finance & Procurement.
• Forecast revenue and expenses.

Compliance & Risk Management

• Ensure compliance with financial regulations and laws including Social Security & National Insurance Trust and Ghana Revenue Authority for CIT, VAT, PAYE etc.
• Identify and mitigate financial risks.
• Maintain internal control procedures with clear directives from the Head, Finance & Procurement.

Other Responsibilities

• Provide financial guidance to managers and other talents.
• Collaborate with internal and external auditors.
• Ensure the implementation and enforcement of financial policies.

Key Performance Indicators

Financial Planning and Analysis

• Target: Develop and implement a comprehensive financial plan that aligns with the company's strategic objectives.
• Metric: Financial plan alignment with company objectives / 100

Budgeting and Forecasting

• Target: Achieve a budget variance of less than 5% and a forecasting accuracy of 90% or higher.
• Metric: Budget variance / Forecasting accuracy

Cash Flow Management

• Target: Maintain a cash flow positive position and ensure timely payment of debts.
• Metric: Cash flow positivity / Debt payment timeliness

Financial Reporting and Compliance

• Target: Ensure accurate and timely financial reporting, with 100% compliance with regulatory requirements.
• Metric: Financial reporting accuracy and timeliness / Compliance rating

Cost Control and Optimization

• Target: Achieve a cost savings of 10% or higher through efficient financial management.
• Metric: Cost savings / Total costs

Financial Risk Management

• Target: Identify and mitigate financial risks, with a risk management rating of 90% or higher.
• Metric: Financial risk management rating / 100

Process Improvement and Automation

• Target: Implement process improvements and automation that result in a 20% increase in efficiency.
• Metric: Process improvement and automation efficiency gain / 20%

Other Conditions of Assessment

All talents are expected to demonstrate adherence to PREBBiE Properties's core values, code of conduct, and the Group’s policies. This includes maintaining confidentiality, respecting intellectual property, and upholding professional standards. Talents will be evaluated on their teamwork and collaboration, communication skills, adaptability to change, and willingness to learn and develop new skills. 

Additionally, talents are expected to comply with all applicable laws, regulations, and best practices, and to report any potential conflicts of interest or ethical concerns. Talents will also be assessed on their attendance, punctuality, and overall commitment to the company's goals and objectives. 

Furthermore, talents are expected to maintain a safe and healthy work environment, report any incidents or hazards, and participate in training and development programs as required. Overall, talents will be evaluated on their ability to contribute to a positive and productive work environment, and to embody the values and principles of PREBBiE Properties and the Group Culture.

Minimum Requirements

• Postgraduate or Master’s degree or Bachelor’s Degree in Finance, Accountancy, Banking or equivalent qualifications.
• More than 5 years of business finance or relevant experience in the Property Development field is a MUST.
• A minimum of 3-5 years work experience as a Finance Manager or similar role.
• A professional certification Chartered Accounting Bodies. (ACCA, CPA, or equivalent).
• Experience in handling a full set of accounts in real estate is preferred.
• Knowledge of IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles).

Key Competencies

• Sound quantitative skills and a strong foundation in Finance and Financial analysis.
• Knowledge of Odoo or SAP systems or any accounting software are preferred.
• Ability to interpret and interrelate data as well as develop good and integrated business analysis and projections to support the Head, Finance & Procurement in decision making.
• Ability to communicate and deal with various parties involved in a project.
• Possess high level of integrity and is meticulous with good analytical and reporting skills.
• Computer literate and familiar with Excel spreadsheets and PowerPoint.
• Proficiency in Microsoft Office, IFCA.net, SQL, etc.
• Good command in written and spoken English.
• Enthusiastic, passionate, disciplined and meticulous.
• Responsible, independent, positive working attitude and able to work in a team.
• Able to work with minimum supervision.
• Strong communication, interpersonal, and problem-solving skills.
• Analytical and financial management skills.
• Flexibility and adaptability.

Conditions of Service

PREBBiE Properties  shall be responsible for the provision of transport, office support and other material requirements to facilitate the work of the Finance Manager. The job holder shall be assessed based on the KPIs. Other conditions of service can be found in the Talent Handbook.

At PREBBiE Group, we are committed to Diversity, Equity & Inclusion. United by our strong Group values and the LEARN culture, we thrive on the diversity of who we are, where we come from, what we’ve experienced and how we think. We are committed to nurturing an inclusive environment where people can truly be themselves, grow to their full potential and feel they belong. #BetterTogether #ExcellingTogether

What We Offer

• Competitive salary and benefits package.
• Opportunity to work with a dynamic and growing company.
• Collaborative and supportive team environment.
• Professional development and growth opportunities.

All applications submitted via email at humancapital@prebbiegroup.com should indicate the Job ID and Job Title in the subject of the email. No application will be considered after the closing date. Applicants are advised to attach a recent CV/Resume in a PDF version to their email. Only shortlisted applicants will be contacted.