Finance Manager

Currently, “FINCA Azerbaijan” Non-Bank Credit Organization is looking for a Finance Manager.

Essential Duties include the following.

• Responsible for timely and accurate preparation of financial reporting (primarily monthly and annual) according to IFRS and regulatory requirements (CBAR).
• Responsible for timely presentation of reports based on timeline set by HQ.
• Analyze client's data, review, and prepare analysis as requested with explanations of main trends and recommendations to the management for effective decision making.
• Ensure completeness, accuracy and control of data and reports in the system.
• Liaising with internal and external audits as well as CBAR and HQ as required.
• As a member of Reporting and SW Committee member to attend committee meetings once per week and participate in approval for development of or modification to reports.
• Handle requests that directly works HQ IT team and if needs more information providing and explanation of requests.
• Assist CFO on managing lender relationship.
• Liaison with lenders during due diligence process, providing required data and reports and hold meetings with them.
• Ensure timely and accurate lender reports.
• Review, timely and accurate calculation of covenants as per debt agreements and update CFO on status of compliance with covenants.
• Lead the annual budgeting and forecasting process during the year. Ensure budget is prepared based on srategc vision of the company and operational plan.
• Monthly review of actual results vs budgeted, review variances and report to CFO of material variances and trends, recommend correctie actions.
• Send monthly reports to budget holders regarding budget implementation.
• Review PO to ensure they are planned and in cse of overbudgets ensure approval of CEOand CFO is in place.
• Gather OPEX monthly plans within 5 working days from budget holder to ensure predictable and controlled budget usage.
• Oversee liquidity, cash management and cash flow planning.
• Monitor cash levels and provide daily treasury report to CFO.
• To prepare weekly, monthly and annual cash flow and recommend corrective action to CFO
• Close communication with Business leads to plan liquidity necessary for sale on weekly basis
• Keep updated payment schedules to ensure timely and accurate payments
• Assist CFO to maintain FINCA Azerbaijan Finance Manual and Accounting Manual and prepare updated versions as necessary in collaboration with the department members.
• Notify and obtain approval from CFO for any needed changes in operating procedures, policies, forms, etc., for assigned area.

QUALIFICATIONS

•    Minimum 5 years of progressive experience in an reporting/finance related environment

•    Minimum 2 years of experience managing or coaching staff

•    Substantial knowledge of IFRS and Local Accounting Standards

Education & Experience                     

•    Bachelor’s Degree in Finance/Accounting or related field

•    Professional Finance degree (Qualified/Partly Qualified) ACCA or CFA

Language Skills

Fluent in Azerbaijani, English is required and Russian language preferred.

Computer Skills

Advanced knowledge of Microsoft Office (Excel, MS Word, Power Point)