Finance Manager
CAREER141 · Colombo, Western Province, Sri Lanka
Tailor my CV for this job — freeCLIENT : Leading Pharmaceutical CompanyPOSITION: Finance ManagerPACKAGE: Gross LKR 500,000 – 600,000LOCATION: ColomboOVERVIEW:A leading pharmaceutical company is seeking a fully qualified Finance Manager who will oversee financial accounting, management accounting, banking operations, financial planning, and compliance while leading the finance team. This role offers an opportunity to take ownership of the finance department, strengthen financial processes, and provide strategic financial insights to senior management.KEY RESPONSIBILITIES:1. Financial AccountingOversee day-to-day financial accounting operations and general ledger management.Ensure accurate and timely preparation of financial statements, reconciliations, and month-end and year-end reports.Maintain the accuracy and integrity of financial records.Ensure compliance with applicable accounting standards and financial reporting requirements.2. Management Accounting & Financial PlanningLead budgeting, forecasting, and financial planning activities.Monitor financial performance, operating costs, and cash flow.Conduct variance analysis and provide insights into financial results.Support management in cost control, resource allocation, and financial decision-making.3. Banking & Treasury ManagementManage banking operations, including Letters of Credit (LCs), bank negotiations, and bank guarantees/bonds.Maintain relationships with banks and other financial institutions.Monitor cash flow, working capital, and banking facilities.Ensure timely execution and proper documentation of banking transactions.4. Compliance, Audit & Internal ControlsEnsure compliance with statutory requirements, tax regulations, and applicable financial regulations.Coordinate internal and external audits and liaise with auditors.Establish and maintain effective financial controls, policies, and procedures.Identify financial risks and implement appropriate control measures.5. Team Leadership & Department ManagementLead and supervise the finance department, comprising two finance professionals and eight junior-level employees.Allocate responsibilities, monitor team performance, and support employee development.Establish efficient workflows and improve departmental productivity.Oversee the transition of finance activities from external consultants to an in-house finance function.6. Strategic Financial SupportReport financial performance, key financial risks, and operational matters to the Deputy Chairman.Provide financial analysis and recommendations to support strategic business decisions.Identify opportunities for cost optimization and improved financial efficiency.Support business planning and contribute to the company's overall financial objectives.PRE-REQUISITESFully qualified Chartered Accountant (CA) or equivalent qualification.Strong expertise in financial accounting, with sound knowledge of management accounting.Hands-on experience in Letters of Credit (LCs), bank negotiations, and bank guarantees/bonds.Proven ability to lead a finance department and manage a team.Strong knowledge of financial reporting, budgeting, cash flow management, and internal controls.Excellent analytical, problem-solving, leadership, and communication skills.Previous experience in an audit firm is highly preferred but not mandatory.