Job Purpose:

Reporting to the Finance Manager, the jobholder will be responsible for providing financial advice and support to management. He/she is responsible for establishing and maintaining financial systems as well as ensuring Branch’s compliance with all regulatory requirements with all local laws and Samsung’s financial procedures.

Key Duties & Responsibilities

Financial Reporting

• Develop and present financial reports to enhance management decision making processes;
• Support management by providing business advice to budget holders as needs including financial modeling, scenario planning, detailed investigation of cost drivers and benchmarking;
• Responsibility of Branch accruals and prepayments, posting journals, fixed assets, variance analysis, funding and reporting.

Budgeting

• Develop and present financial reports to enhance management decision making processes;
• Support management by providing business advice to budget holders as needs including financial modeling, scenario planning, detailed investigation of cost drivers and benchmarking;
• Responsibility of accruals and prepayments, posting journals, fixed assets, variance analysis, full P&L and Balance sheet and reporting.

Compliance Management

• Ensure that appropriate financial regulations and controls are in place and in use at all times;
• Ensure that the company complies with the tax and reporting regulations of the various countries in which it is involved;
• Ensure that the appropriate levels of insurance are adhered to by the company;
• Ensure the procurement of assets is done in a cost-effective manner;
• Provide market intelligence reports with regards to trends, benchmarking, competitor comparison measurements;
• Recommend process and systems improvement to enhance quality and efficiency within the business;
• Prepare periodic (weekly, monthly, quarterly etc.) management and ad hoc reports.

Operations Management

• Maintain day-to-day financial control of all expenditure to ensure that all business units stay within budget
• Maintain appropriate relations with all stakeholders and provide required reports as to ensure compliance with the financial terms and conditions of all contracts;
• Support the Country Leader to manage the Branch operations on all administrative issues

Key Relationships

Internal

• Management
• Branch Accountants
• All other staff

External:

• Auditors
• Tax Consultants
• Tax Authorities
• Company Lawyers
• Company Secretary
• Key vendors

Knowledge; Skills and Experience required for this Role:

• A Bachelor’s Degree or Masters in Finance/Accounting from a reputable institution.
• Minimum of 3 years’ experience in a similar role;
• Professional Certification e.g. ACCA
• Experience in providing financial reports to senior management;
• Experience with computerized accounting system;
• Advanced skills in MS-Office suite (Excel, Access, PowerPoint, Word)
• Financial Management Knowledge
• Tax Knowledge
• Member of Accounting Professional body

Competencies required for this Role

• Drive for Results - Individual Contributor
• Creative intelligence - Individual Contributor
• Navigating organizations - Individual Contributor
• Building Best teams - Individual Contributor
• Inspiring others - Individual Contributor