Manager – Financial Accounting

Mabati Rolling Mills Limited (MRM), a member of the Safal Group, is a manufacturing company founded in 1962, specializing in steel products.

The Manager – Financial Accounting at Mabati Rolling Mills will be responsible for leading the financial management function, ensuring precise accounting practices, timely financial reporting, and efficient tracking of transactions. This role is crucial for establishing robust internal controls to protect company assets, ensure regulatory compliance, and provide essential financial insights for strategic decision-making. The position reports directly to the Chief Finance Officer and involves overseeing the daily operations of the accounting department, improving departmental controls, and preparing various financial reports and budgets.

1. Evaluate, develop, and enhance departmental controls, systems, and procedures to boost accuracy and efficiency.
2. Oversee daily accounting department activities, ensuring all major projects, month-end, and year-end reports are completed accurately and on time.
3. Prepare monthly, quarterly, and annual P&L consolidations and financial reports in line with GAAP and company policy.
4. Analyze financial data and generate reports for management, stakeholders, and external parties like vendors or lenders.
5. Maintain precise and complete financial records, participating in audits or reconciliations as required.
6. Support other departments in developing strategies, setting objectives, and making decisions with potential financial implications.
7. Establish internal controls and guidelines for accounting transactions and budget preparation.
8. Supervise the preparation of business activity reports, financial forecasts, and annual budgets.
9. Coordinate with internal and external auditors to ensure compliance with policies and regulations, providing necessary information for annual external audits.
10. Present recommendations to management regarding short-term and long-term financial objectives and policies.
11. Provide financial analysis, focusing on capital investments, pricing decisions, and contract negotiations.
12. Assess the adequacy of reserves and the overall financial reporting.
13. Ensure adequate training and oversight for all finance personnel to meet business requirements for account reconciliations.
14. Establish, monitor, and maintain a system of internal controls to safeguard company assets and ensure the integrity of financial transactions.
15. Stay informed about the latest developments in the finance industry.
16. Perform other related duties as assigned.

1. Hold a Master’s degree in MBA or an equivalent qualification.
2. Possess CPA (K) or ACCA certification (an added advantage).
3. Be professionally registered with ICPAK.
4. Have a minimum of 15 years of general work experience.
5. Possess at least 10 years of experience specific to this position.
6. Demonstrate strong analytical skills and financial acumen.
7. Be proficient in computer literacy, including MS Office packages and SAP (FICO).
8. Exhibit excellent communication and interpersonal skills.
9. Uphold a high standard of ethics and integrity.
10. Possess strong problem-solving, planning, and organizing skills.
11. Show high initiative and ability to manage ambiguity.
12. Have strong business acumen and techno-commercial skills.
13. Be techno-savvy.