FINANCE MANAGER

  • Location:
  • Salary:
    negotiable
  • Job type:
    Full-Time
  • Posted:
    1 day ago
  • Category:
    Accounting, Services, Transport & Logistics
  • Deadline:
    November 27, 2024

Overview

The Finance Manager oversees the financial operations of the logistics company, ensuring accurate financial reporting, strategic planning, and effective cost management. This role involves maintaining financial health, optimizing cash flow, managing risk, and supporting key business decisions that drive profitability and efficiency within logistics operations.

Key Responsibilities:

  1. Financial Reporting and Analysis
    • Prepare, analyze, and present monthly, quarterly, and annual financial statements.
    • Monitor and report on key financial performance indicators (KPIs) and metrics specific to logistics, such as cost-per-mile, cost-per-delivery, and fuel efficiency.
    • Conduct variance analysis and develop forecasts to support data-driven decision-making.
  2. Budgeting and Forecasting
    • Lead the annual budgeting process, aligning the budget with company goals and logistics-specific targets.
    • Conduct periodic reviews and reforecasting to adapt to changes in the logistics market or operational demands.
  3. Cash Flow Management
    • Manage cash flow to ensure adequate working capital for day-to-day logistics operations.
    • Implement processes to optimize accounts receivable and payable cycles, particularly with shipping, warehousing, and transport vendors.
  4. Cost Control and Optimization
    • Analyze cost structures in logistics and recommend ways to reduce costs, improve profitability, and increase efficiency.
    • Develop strategies for managing fuel costs, fleet maintenance expenses, and operational overheads.
  5. Compliance and Risk Management
    • Ensure compliance with local, state, and federal financial regulations, including tax obligations and financial reporting standards.
    • Identify and mitigate financial risks related to logistics, such as fluctuations in fuel costs, currency risks, and supplier dependencies.
  6. Financial Strategy and Support
    • Work closely with senior management to develop financial strategies that support long-term growth and stability.
    • Evaluate investment opportunities, capital expenditures, and pricing models to optimize return on investment.
  7. Team Leadership
    • Manage, train, and develop the finance team, fostering a collaborative environment.
    • Provide guidance on best practices in financial management within the logistics industry.
  8. Collaboration with Operations
    • Partner with logistics, operations, and procurement teams to align financial planning with operational strategies.
    • Monitor project costs and support pricing strategies for logistics services.

Qualifications and Skills:

  • Bachelor’s degree in Finance, Accounting, or a related field; CPA, CFA, or an MBA is preferred.
  • Proven experience as a Finance Manager or similar role, ideally in logistics, transportation, or a related field.
  • Strong understanding of financial regulations, accounting principles, and cost management in the logistics sector.
  • Excellent analytical skills, with proficiency in financial modeling and analysis.
  • Strong communication and interpersonal skills for cross-departmental collaboration.
  • Familiarity with logistics software and financial ERP systems.

 

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