Assistant Financial Manager

Job Description

The Assistant Financial Manager is a key member of the Finance team, reporting to the Head of Finance, and plays a critical role in overseeing the financial health, and financial compliance within the telecommunications industry. They will work closely with the Head of Finance to ensure accurate financial reporting, budgeting, and compliance with financial regulations. The successful candidate will provide strong leadership, vision, and guidance to the finance team, driving financial growth and operational efficiencies.

 

Roles and Responsibilities 

Financial Reporting and Analysis

• Prepare monthly management accounts and assist with the preparation of the annual financial statements in compliance with industry standards.
• Analyse financial data to identify trends and variances.
• Assist Head of Finance with preparing financial results and recommendations for presentation to the executive team and board, articulating financial performance and key metrics in an understandable format.

Operational Financial Management

• Oversee accounts payable and receivable.
• Reconcile financial records and bank statements.
• Ensure timely processing of invoices, payments and collections.
• Maintain the control environment and ensure policies, procedures and compliance are maximised.

Regulatory Compliance and Governance

• Esnure compliance with financial regulations and standards specific to the telecommunications industry, including IFRS, and other regulatory frameworks.
• Assist in external audits by providing necessary documents and explanations.
• Manage tax compliance, policies and procedures.

Cost Control and Expense Management

• Identify cost-saving opportunities and efficiency improvements.
• Help in expense tracking and ensuring budget adherence.

Team Leadership and Development

• Lead, mentor, and develop high-performing finance team, fostering a culture of accountability, excellence, and continuous improvement.

Stakeholders

• Act as the primary point of contact for financial matters with internal and external stakeholders.
• Serve as key liaison for financial matters, alongside the Head of Finance, in interactions with both internal and external stakeholders.

Skills Requirements and Personal Attributes

• A degree in Accounting. Audit articles highly advantageous.
• 5+ years of experience in a finance role, preferably within the telecommunications or technology industry.
• Strong analytical and numerical skills, with a solid understanding of accounting principles and financial regulations including telecommunications regulatory frameworks.
• Proficient in financial software and ERP systems, with key attention to detail and accuracy and excellent teamwork abilities.
• Good written and verbal communication skills, with the ability to convey complex financial data to non-financial stakeholders.