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Manager Financial and Procurement

Responsibilities:

Budget:

§  Preparation and distribution of the budget process document.

§  Construction and distribution of the budget time table.

§  Distribution of input sheet to managers, collation of departmental submissions, as well as review of the submissions.

§  Preparation of the financials (Profit and Loss Accounts, Balance Sheet and Cash flow Statement) and presentation of the budget to the Senior Management.

Generating a periodic report showing the Budget-Actual comparison for the departments Budget:

§  Preparation and distribution of the budget process document.

§  Construction and distribution of the budget time table.

§  Distribution of input sheet to managers, collation of departmental submissions, as well as review of the submissions.

§  Preparation of the financials (Profit and Loss Accounts, Balance Sheet and Cash flow Statement) and presentation of the budget to the Senior Management.

§  Generating a periodic report showing the Budget-Actual comparison for the departments and also meeting with other managers to discuss variances in both revenue and expenses.

GL Control:

§  Review of GL transactions and balances to correct wrong postings in the accounts.

§  Analyzing monthly trial balance to identify and regularize inconsistencies.

Management Information Reporting:

§  Monthly management reporting communicating the management accounts and departmental reports (financial analysis inclusive).

§  Monthly reporting on all the company’s ongoing Projects showing the profitability reports at the end of the month.

Procurement and Inventory Process Management:

§  Cost of Sales (COS) management including budgeting for COS items (equipment, bandwidth and collocation). Also to ensure that actual COS is favorable compared to budget.

§  Negotiation on all company procurement ensuring the company gets the best deal in all supplier transactions with respect to price, quality of service and payment terms

§  Vendor management – supplier database management, new supplier controls (including documentation and verification), job completion certification 

§  Ensure adherence to procurement controls (including approval controls) and initiate further controls to limit the company’s risk exposure.

§  Contract management to ensure that the company is adequately protected in all vendor contracts.

§  Overseas procurement including shipment and logistics

§  Monthly review of all open POs to ensure closure and reconciliation

§  Process enhancement strategies like computerization of procurement process and staff training .

§  Inventory management  including inventory process enhancement and supervision of Inventory Officers

§  Management of equipment transfers across the country

§  Regional warehouse management. Operational management and periodic stock take in all the regional warehouses

§  Monthly procurement and inventory reporting to Senior Management.

§  and also meeting with other managers to discuss variances in both revenue and expenses.

GL Control:

§  Review of GL transactions and balances to correct wrong postings in the accounts.

§  Analyzing monthly trial balance to identify and regularize inconsistencies.

Management Information Reporting:

§  Monthly management reporting communicating the management accounts and departmental reports (financial analysis inclusive).

§  Monthly reporting on all the company’s ongoing Projects showing the profitability reports at the end of the month.

Procurement and Inventory Process Management:

§  Cost of Sales (COS) management including budgeting for COS items (equipment, bandwidth and collocation). Also to ensure that actual COS is favorable compared to budget.

§  Negotiation on all company procurement ensuring the company gets the best deal in all supplier transactions with respect to price, quality of service and payment terms

§  Vendor management – supplier database management, new supplier controls (including documentation and verification), job completion certification 

§  Ensure adherence to procurement controls (including approval controls) and initiate further controls to limit the company’s risk exposure.

§  Contract management to ensure that the company is adequately protected in all vendor contracts.

§  Overseas procurement including shipment and logistics

§  Monthly review of all open POs to ensure closure and reconciliation

§  Process enhancement strategies like computerization of procurement process and staff training .

§  Inventory management  including inventory process enhancement and supervision of Inventory Officers

§  Management of equipment transfers across the country

§  Regional warehouse management. Operational management and periodic stock take in all the regional warehouses

§  Monthly procurement and inventory reporting to Senior Management.

Experience:

Minimum of 5-7 years experience in Finance

DIRECTION: Every application should be submitted to vacancy@rs-hunter.com

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