Summary

The Finance Manager will oversee all financial operations of the microfinance institution (MFI), ensuring compliance with local regulations and industry standards. This role is responsible for strategic financial planning, financial forecasting, budgeting, reporting, and managing cash flow to ensure sustainable growth and profitability. The Finance Manager will also ensure adherence to the Financial Regulatory Department (FRD) guidelines, tax laws, and microfinance-specific financial policies.

Financial Planning & Forecasting

• Lead the preparation of financial forecasts, cash flow projections, and long-term financial models to support business growth and sustainability.
• Continuously update forecasts based on portfolio performance, funding needs, and market conditions.
• Support senior management in evaluating strategic initiatives, branch expansion, or new financial products using financial projections.

Financial Management & Reporting

• Develop and manage annual budgets, forecasts, and financial plans in alignment with the company’s strategic objectives.
• Prepare accurate and timely financial statements, management reports, and regulatory submissions (e.g., FRD reporting).
• Monitor key financial metrics, such as Portfolio at Risk (PAR), loan portfolio growth, and operational sustainability.
• Conduct variance analysis, providing insights and recommendations to senior management.
• Oversee the preparation of monthly, quarterly, and annual tax filings, ensuring compliance with Myanmar tax laws.

Cash Flow & Treasury Management

• Manage cash flow to ensure adequate liquidity for loan disbursements, operational expenses, and debt servicing.
• Oversee bank relationships, loan agreements, and collateral management.
• Support fund-raising efforts by preparing financial data for investors, lenders, and development partners.

Compliance & Risk Management

• Ensure compliance with FRD regulations, Myanmar Companies Law, and other relevant legal requirements.
• Monitor financial risks, implement internal controls, and conduct periodic audits to safeguard company assets.
• Ensure compliance with donor/grant reporting requirements, where applicable.

Team Management & Development

• Supervise and mentor finance and accounting staff, ensuring accuracy and timeliness in all accounting processes.
• Support capacity building by providing training to branch accountants and finance officers.
• Coordinate with operational teams to ensure accurate loan portfolio and repayment data.

Strategic Planning

• Contribute to strategic decision-making by providing financial analysis and forecasting for new products, branch expansions, or technology upgrades.
• Lead initiatives to optimise cost structures and improve operational efficiency.

Other

• Other finance related tasks within the Group Company
• Other duties if required

Education & Experience

• Bachelor’s degree in Accounting, Finance, Economics, or related field
• Professional accounting qualifications (CPA, ACCA, or equivalent) are an advantage.
• Minimum 5–7 years of relevant experience, including at least 3 years in a managerial role.Proven experience in the microfinance, banking, or financial services sector in Myanmar is strongly preferred.

Technical Skills

• Strong understanding of microfinance operations, portfolio management, and financial performance metrics (e.g., PAR, OLP). Expertise in financial forecasting, budgeting, and financial modelling. Knowledge of Myanmar’s tax regulations, FRD requirements, and financial compliance. Proficiency in accounting software and MS Excel (advanced).Strong analytical, problem-solving, and financial modelling skills.

Soft Skills

• Excellent leadership, team management, and communication skills.High level of integrity, attention to detail, and ability to work under pressure.Fluency in English and Myanmar (written and spoken) is required