About this role
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.