About the Role :
The role will be responsible for managing key financial functions including Banking & Treasury, Accounts Receivable & Collection, Costing, Budgeting & Financial Planning, and Cash Flow & Working Capital Management.
The ideal candidate will combine strong financial knowledge with hands-on experience in Corporate Banking, Credit, Bank Relationship Management, Financial Analysis, Cash Flow Management, and Working Capital.
This is a hands-on management role for a finance professional who can understand the numbers, challenge assumptions, identify risks, and translate financial information into practical business actions.
Key Responsibilities :
Banking & Treasury
- Manage day-to-day banking activities and maintain strong relationships with banks and financial institutions.
- Monitor bank balances, facilities, financing requirements, maturities, and utilization.
- Prepare and monitor daily and weekly cash positions.
- Prepare short- and medium-term cash flow forecasts.
- Follow up on loans, credit facilities, export financing, letters of credit, and bank guarantees.
- Coordinate with banks regarding transfers, financing, documentation, and facility requirements.
- Monitor financing costs, interest expenses, and bank charges.
- Identify potential liquidity gaps and recommend appropriate actions.
Accounts Receivable & Collection
- Manage the Accounts Receivable and Collection function.
- Monitor customer balances, aging, overdue receivables, and collection performance.
- Develop and monitor collection targets and forecasts.
- Analyze customer payment behavior and credit exposure.
- Coordinate with Sales and Commercial teams to resolve collection issues.
- Monitor customer credit limits and payment terms.
- Develop action plans for overdue and high-risk accounts.
- Drive improvements in DSO and overall working capital performance.
Costing & Profitability
- Manage product costing and ensure accurate cost information.
- Analyze raw materials, packaging, labor, utilities, storage, logistics, and other production-related costs.
- Monitor actual costs versus budgeted or standard costs.
- Analyze production and cost variances and identify key cost drivers.
- Monitor product profitability and contribution margins.
- Support pricing and commercial decisions through accurate cost and margin analysis.
- Identify opportunities for cost optimization and operational efficiency.
- Prepare profitability analysis by product, customer, market, or business segment when required.
Budgeting & Financial Planning
- Coordinate the annual budgeting process across the organization.
- Prepare operating budgets, cash flow budgets, CAPEX plans, and financial forecasts.
- Review and challenge budget assumptions.
- Prepare monthly Budget vs. Actual analysis.
- Identify significant variances and provide clear explanations and recommendations.
- Maintain rolling forecasts based on actual performance and business developments.
- Support scenario analysis and financial modeling for business decisions.
- Evaluate the financial impact of new projects, investments, and business initiatives.
Cash Flow & Working Capital
- Monitor and improve the company’s working capital position.
- Prepare rolling cash flow forecasts and monitor actual performance against forecast.
- Analyze the relationship between collections, supplier payments, inventory, and financing requirements.
- Identify opportunities to improve the company’s cash conversion cycle.
- Monitor inventory levels and their impact on liquidity.
- Work closely with relevant departments to improve cash conversion and liquidity.
Financial Analysis & Management Reporting
- Prepare financial analysis and management reports to support decision-making.
- Analyze profitability, liquidity, working capital, financing costs, and business performance.
- Develop financial models, scenarios, and forecasts.
- Identify financial risks, trends, opportunities, and performance gaps.
- Provide clear and actionable financial insights to management.
Qualifications & Experience :
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
- 8+ years of relevant experience in Finance, Banking, Credit, Treasury, or Financial Management.
- Strong previous experience in Corporate Banking / Credit / Bank Relationship Management is highly preferred.
- Proven experience dealing with companies, credit facilities, financing structures, and banking requirements.
- Strong knowledge of cash flow management and working capital.
- Solid understanding of financial analysis, costing, budgeting, and forecasting.
- Experience in manufacturing, FMCG, food production, export, or a similar industry is an advantage.
- Strong Excel and financial modeling skills.
- ERP experience is preferred.
- Excellent analytical and problem-solving skills.
- Strong organizational and time-management skills.
- High attention to detail and accuracy.
- Strong communication and negotiation skills.
- Ability to work under pressure and manage multiple priorities.
