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Finance Manager

LOTI BRICK
1. Preamble
Loti Brick (PTY) LTD a Manufacturer of clay brick
products is looking for a qualified, experienced and
hands on Finance Manager. The main function of
this position would be to plan, manage, coordinate
and direct all the financial and accounting activities
and practices of Loti Brick to ensure keeping of
proper books of accounts, provision of annual
financial statements which accord with the Generally
Accepted Accounting Practice (GAAP), provision of
relevant and reliable periodic management accounts,
and effective financial management and planning.
2. Key Performance Areas
(i) To oversee the preparation of timely, relevant
and reliable monthly management accounts.
(ii) To Plan, coordinate and manage Loti Brick
Budgetary process.
(iii) To Project cash flow requirements and ensure
that there is adequate cash to meet planned
company payments.
(iv) To develop a costing model to ensure proper
costing of all products to, in turn, inform proper
product pricing which enables realization of
profit from each product line.
(v) To ensure that all the financial reporting meet
the regulatory and legal requirement including
taxation, dividends and annual accounts.
(vi) To ensure timely preparation of annual financial
statements for audit and facilitation of external
audit of the same.
(vii) To review the company’s existing systems,
policies and procedures and assess their
effectiveness, adequacy and appropriateness.
(viii) To develop, recommend and implement well
documented and up-to-date financial systems,
policies, processes and procedures to ensure
effective internal controls.
(ix) To Advice management on investment
decisions to ensure that only viable investments
are carried out.
(x) To perform secretarial services to the Board of
Directors.
(xi) To coordinate the activities of the Finance and
administration department.
3. Competency requirements for the position
• Must be a Chartered Accountant (CA). with
three years relevant experience; or
• B.Comm plus General Accountant with four
years relevant experience; or
• Relevant Masters Degree with five years relevant
experience. The Masters Degree holder should
have covered Financial Accounting, Financial
Management, Management Accounting and
Taxation as core courses.
• Competence in SAGE X3 is highly essential.
4. Key attributes for the position
• Personality: Hands-on- approach, analytic
and results-oriented individual with a positive
outlook and a clear focus on goals and business
profit. A natural forward planner who critically
assesses own performance. Mature, credible,
and comfortable with always demanding
more from own employees. Reliable, direct
communicator and a team player with the
ability to lead and motivate others.
• Ability to work under pressure.
• Excellent interpersonal and people
management skills.
• Excellent communication and leadership skills.
• Self-starter and well motivated individual.
• Excellent numerical and analytical skills.
• Computer literacy and statistical techniques
skills.
• Familiar with the International Accounting
Standards and other GAAP.
• Commercial business acumen in a profit driven
organization
• Honest and trustworthy
• Good practical knowledge of accounting
• High business acumen.
If you are interested and meet the specified
minimum competency requirements, please forward
your motivational letter, CV, certified copies of your
certificates and two reference letters to; The Human
Resources Manager P.O.BOX 1038 Maseru. 100.
Lesotho. OR email them to m.motseko@lotibrick.co.ls
For more enquiries please call the Human Resources
Manager at; 00266 22314225 OR 22325156.
5. Deadline for submission of applications is
Tuesday the 21ST July 2015.
6. Only shortlisted candidates will be contacted.

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