Finance Assistant

Summary

This role serves as a vital support function within the finance team, dedicated to overseeing daily operational expenditures and maintaining strict adherence to established budgets. The position plays a key part in financial planning, reporting, and process optimization by analyzing costs, managing cash flow, and facilitating accurate record-keeping to support management decision-making.

Responsibilities

• Track daily operational spending and verify alignment with approved budgetary limits.

• Contribute to the development of budgets, monitor actual expenditures, and engage in financial planning initiatives.

• Draft financial reports, schedules, and executive summaries for management review.

• Analyze operational costs to pinpoint areas for expense reduction and enhanced efficiency.

• Oversee cash flow monitoring and generate periodic cash flow statements.

• Coordinate vendor payments and validate all associated financial documentation.

• Supervise procurement spending to ensure compliance with established financial protocols.

• Collaborate with relevant departments to manage inventory levels and perform stock reconciliations.

• Maintain precise financial records and ensure all documentation is organized and accessible.

• Facilitate financial audits, uphold internal control standards, and meet compliance obligations.

• Collaborate with the Accounting Assistant to guarantee the accuracy of financial data and reporting.

• Execute additional finance-related or administrative tasks as directed by management.

Requirements

• Demonstrated ability to monitor and manage operational expenses within budgetary constraints.

• Experience or strong aptitude in budget preparation, expenditure tracking, and financial planning.

• Proficiency in preparing detailed financial reports and summaries for leadership.

• Skill in identifying cost-saving opportunities and improving operational efficiency.

• Competence in monitoring cash flow and generating periodic financial reports.

• Knowledge of supplier payment processes and financial documentation verification.

• Understanding of procurement procedures and compliance requirements.

• Experience in inventory management and stock reconciliation activities.

• Ability to maintain accurate, organized, and compliant financial records.

• Familiarity with internal controls, audit processes, and regulatory compliance.

• Strong collaborative skills for working with accounting teams and other departments.

• Flexibility to perform various finance and administrative duties as assigned.