Finance Manager

Greeno Corporation Pvt Ltd Verified

Karachi , Pakistan

Posted Aug 27, 2018 1482 views Report Job

PKR. 80,000 - 125,000/Month

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Job Description

Management,

·         Focus on the Health and Safety of the workforce

·         Plan, evaluate and improve the efficiency of business processes and procedures to enhance speed, quality, efficiency and output. Develop a competent and superior workforce and department with the aim to of continuous improvement in mind.

·         Make business decisions that are financially responsible, accountable, justifiable, and defensible in accordance with organization policies and procedures.

·         Establish and maintain relevant controls and feedback systems to monitor the operation of the department.

·         Review performance data that includes financial, sales, and activity reports and spreadsheets, to monitor and measure departmental productivity, goal achievement, and overall effectiveness.

·         Manage the preparation and maintenance of reports necessary to carry out the functions of the department. Prepares periodic reports for management, as necessary or requested, to track strategic goal accomplishment.

·         Communicate regularly with other managers, directors and/or other designated contacts within the organization as per the need of the business.

·         Maintain a documented system of accounting policies and procedures

·         Manage outsourced functions

·         Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives

 

Funds Management,

·         Forecast cash flow positions, related borrowing needs, and available funds for investment

·         Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

·         Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions

·         Maintain banking relationships

·         Assist in determining the company's proper capital structure

·         Arrange for equity and debt financing

·         Invest funds

·         Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

 

Budgeting,

·         Manage the preparation of the company's budget

·         Report to management on variances from the established budget, and the reasons for those variances

·         Assist management in the formulation of its overall strategic direction

 

Financial Analysis,

·         Engage in ongoing cost reduction analyses in all areas of the company

·         Review the performance of competitors and report on key issues to management

·         Engage in benchmarking studies to establish areas of potential operational improvement

·         Interpret the company's financial results to management and recommend improvement activities

·         Review company bottlenecks and recommend changes to improve the overall level of company throughput

·         Participate in target costing activities to create products that meeting predetermined price goals

·         Assist in the determination of product pricing in relation to features offered and competitor pricing

·         Compile key business metrics and report on them to management

·         Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis

·         Create additional analyses and reports as requested by management

 

Taxation,

·         Responsible for all Direct and Indirect Tax processes and compliance, including corporate tax, transfer pricing, ICDS and withholding tax of group companies.

·         To ensure that all taxation filing deadlines of the business are met.

·         To collate relevant information to compute taxable profits.

·         To prepare computations of taxable profit.

·         To liaise with the Treasury department to ensure sufficient cash flow for the tax payment made before the deadline.

·         Responsible for timely calculation and deposition of Advance Tax.

·         Responsible for proper tax filing and tax documents in relation to Direct tax compliance.

·         Timely preparation and submission of reply to notices received from Income Tax Authorities.

·         Advise and provide updates to internal departments within the organization related to new development in direct tax laws and changes in regulation of direct tax.

·         Discussion with Managements for Tax Planning, Risk, litigation and area of Improvements required in the organization.

·         Preparation of tax audit schedule and coordination with tax auditors to finalize tax audit.

·         Review of Day to Day Taxation Accounting and reconciliation with tax returns.

·         Provide MIS related to taxation matter on monthly basic ad risk assessments.

·         Preparation of transfer pricing audit schedule and coordination with auditors to finalize transfer pricing audit.

·         Tax reporting to group

 

Additional Accountabilities,

·         Oversee the extension of credit to customers

·         Perform other duties and responsibilities, as assigned by the Company.

Job Details

Industry:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Full Time/Permanent
Job Location:
Gender:
No Preference
Minimum Education:
Masters
Career Level:
Department Head
Minimum Experience:
10 Years
Apply Before:
Sep 27, 2018
Posting Date:
Aug 27, 2018
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Greeno Corporation Pvt Ltd

Food & Beverages · 11-50 employees - Karachi

Driven by the lack of a juice bar that is enjoyed by taste palates; satisfies health conscious consumers from all walks of life and meets international hygiene standards, greeno is a brainchild of partners who firmly believe that concept of juicing in Pakistan needs to be taken a step further tha ...Read More

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