Finance Manager Eton Institute

Overall Responsibilities

The Finance Manager will be responsible for planning, directing, and managing all financial and accounting functions. This includes overseeing financial reporting, budgeting, forecasting, auditing, and ensuring healthy cash flow and compliance. The Finance Manager supports strategic decision-making by preparing and analyzing financial data, while constantly reviewing and improving processes for efficiency, accuracy, and sustainability. The role involves cost control, profitability tracking, ROI evaluation, variance analysis, and automation of financial tasks, as well as strong collaboration across departments to maintain accurate and timely financial operations.

Key Accountabilities

• Maintain monthly cashflow by managing receivables, payables, vendor payment terms, and collection processes.
• Prepare and submit weekly, monthly, and yearly profit and loss reports and cashflow forecasts
• Generate accurate and timely financial reports including income statements, balance sheets, and stress tests when required.
• Manage annual budgets and forecasts, track actual performance, and take corrective action for variances.
• Track and analyze revenue streams and profit margins to ensure financial sustainability.
• Monitor and control expenses, identifying cost-saving opportunities and reducing unnecessary expenditures.
• Provide detailed performance analysis and ROI assessments for marketing, training, and product initiatives.
• Evaluate B2B and B2C revenue progress weekly and take proactive steps to improve outcomes.
• Oversee accounts receivable process and implement strategies to minimize overdue payments.
• Process accurate and timely payroll for all staff including sales commissions.
• Conduct quarterly internal audits and lead the preparation and coordination of the year-end external audit.
• Ensure compliance with VAT requirements and manage related filings.
• Approve financial agreements, contracts, MOUs, and coordinate with HR for insurance-related matters.
• Supervise and monitor finance team output and ensure strong responsiveness to internal department requests.
• Drive automation and system improvements to enhance efficiency and data accuracy.

Competencies

• Excellent analytical and planning skills
• Strong communication and interpersonal abilities
• High attention to detail and accuracy
• Goal-oriented and proactive
• Strong organizational and problem-solving skills
• Positive team spirit and leadership qualities