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.