About the job Finance Manager
Base Location: Colombo, Sri Lanka
Overview
At OSOS, we are committed to securing every person's immediate and long-term financial goals, including our own. We're searching for a qualified finance manager to join us in providing a balanced combination of professional investment management and personalized financial planning. The ideal candidate shares our commitment to carefully guide decision-making for SAAS origination management, investment planning, overhead minimization, risk management, budgeting, charitable giving, asset purchases, and sales. As a leader of the finance team, the manager will work with like-minded professionals and continually focus on sharpening their knowledge and skills so that we remain at the top of our industry.
Job Responsibilities
- Manage a team that develops financial and valuation models, materials, and recommendations for executive decision-making by conducting comprehensive analyses and utilizing appropriate methods
- Coordinate strategic financial planning for the company and its clients, including expenses, income, insurance coverage, objectives, tax status, and risk tolerance
- Focus on daily and month-end accounting to determine results, including P&L activity (management fees, fee splitting, gross-ups, classes), balance sheet activity (deferrals, accruals), and accounts-receivable cash application, in compliance with GAAP
- Prepare and present accurate and timely financial reports to senior management.
- Collaborate with department heads to monitor and manage departmental budgets.
- Manage cash flow to ensure liquidity and optimize working capital.
- Implement strategies to mitigate financial risks.
- Support finance partners in implementing valuation models, measuring results, tracking performance vs. expectations, and providing recommendations for corrective action
- Provide insights about spending trends, cost-savings initiatives, and margin opportunities
- Defining with key stakeholders the scope of work, cost/budget, resources required, schedule, and detailed
Work Allocation
- Sees the overall impact of scope changes and actively negotiates as they arise in the project's best interest
- Plan critical path, monitor, and control project activities to maximize cash flow
- Coordinate/negotiate with major vendors to improve pricing and delivery
- Coordinate with internal departments to assist in accomplishing collection.
- Collaborate with other departments to align financial strategies with overall business goals.
- Work closely with the executive team to provide financial guidance.
Job Requirements
- Bachelor's degree in Finance and Accounting with a minimum of 5 years experience in a Management role.
- Management experience with SAP, Oracle, Microsoft, IFS, or any other Tier 1, 2, or 3 ERP vendors or other IS platforms.
- AccA, FCA, CII, DipFA, or CISI certification desired.
- Minimum 2 years of professional experience in investment finance funding.
- Knowledge of the securities, insurance, and mutual fund industries
- Experience with financial planning and forecasting.
- Analyze costs, pricing, variable contributions, sales results, and the companys actual performance compared to the business plans.
- Conduct reviews and evaluations for cost-reduction opportunities.
- Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
- Experience in the technology sector and IT product companies is essential.