District Finance Manager – Africa
Full time @ZIM posted 3 years ago in Automotive & Aviation Shortlist Email JobJob Detail
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Job ID 5004
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Career Level Mid-Level
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Experience 5 Years
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Qualifications Other
Job Description
Managerial overview of financial performance in the District
- Overview all financial performance of all agents and subsidiaries in the Area
- Make sure agents work according to Company’s best practice
- Communicate to countries finance related HO policies, procedures and instructions
- Attend and prepare information for BOD meetings
- Approve customer credit/apply information to HO
- Monitor yearly budget preparation process
- Gather information and explanation for HO for ad-hoc requests
- Perform or overview yearly audits for selected countries
- Maintain agency agreements
Meeting/exceeding the financial budget & other KPI’s targets
- Monitor local budget (monthly countries P&Ls) for owned agencies & district P&L
- Monitor on a monthly basis that SAP agents meet the financial KPIs
- Set improvement work plan for KPIs for which the target wasn’t met, and monitor improvement
Reducing the AR and improving countries Aging
- Monitor on an on-going basis countries AR and aging reports
- Monitor overdue ratio for all countries
- Push countries to meet the yearly AR reduction target
- Set up special work plan for the countries when required, and monitor improvement
- Submitting doubtful and bad debt information to HO
Demurrage & Detention finance overview
- Participate in District’s demurrage committee
- Overview the monitoring and the collection of AR relating to D&D
- Review on a monthly basis billing reports, get explanations for material deviations from previous periods
- On a quarterly basis – review budget VS actual analysis
- Monitor special analysis when required (e.g. potential reports)
Monitor collection levels
- Monitor weekly reports of countries collections
- Approach countries when collection reduces
Monitor Accounts payable
- Review vendor’s aging reports on an on-going basis
- Approve on a quarterly basis the ZIMAPS for the district
- Review on a quarterly basis the missing expenses submitted to HO and BU for provisions (includes also rebates and demurrage)
- Monitor quarter closing processes (e.g. GRIR)
- Set up action plan for payments to vendor when required
Monitor financial reports
- Review quarterly reporting package sent to HO for owned agencies
- Review yearly audited report
Requirements:
- A must BA in Finance, CPA
- Minimum 5 years of managerial experience with big teams and overall +15 in finance in a Global company
- Solid knowledge of financial systems and process – a must; Knowledge of SAP – an advantage
- SOX knowledge – an advantage
- Ability to develop tailored solutions
- Strong analytical skills
- Work experience abroad (especially in Africa) – an advantage
