Finance Manager
Company: Retail Park
Location: Tirana, Albania
Deadline: 17 Jul 2024

JOB OPENING

FINANCE MANAGER

 

Retail Park is a commercial facility development & management company established in 2020. Following its construction in 2022, the company operates West Park, Albania’s premier retail park in Korça, housing a diverse array of large-format retailers such as supermarkets, home interior, toys, fashion, and electronics stores. Part of BALFIN Group, Retail Park aims to expand these pioneering retail spaces in commercial zones strategically positioned on the outskirts of urban areas in Albania and North Macedonia.

Position:         Finance Manager

Location:        Lobby Offices, Tirana

Reports to:    CEO of Retail Park and CFO of Balfin Group

 

Summary of the Position

The Finance Manager is responsible for managing the entire financial aspect of the company. Reports to the management of the company’s financial situation, provides leadership and coordination in administrative issues, business planning, accounting and budgeting of the company.

 

Main responsibilities:

STRATEGIC TASKS

  • Assists senior management in achieving the company objectives. Supports and collaborates with other departments’ managers to provide essential financial information necessary to understand the performance of the company and facilitating its operational progress.
  • Works closely with the CEO of Retail Park and CFO of Balfin Group in fostering a culture focused on performance, both financially and operationally.  Acts as a key business partner to the management team, advising and contributing to the company’s overall leadership.
  • Development of internal strategies and procedures to improve workflow and financial results.

 

 

 

MANAGERIAL DUTIES

  • Responsible for ensuring the internal control of the company, conducts regular assessments to ensure compliance and effectiveness. When necessary, in special cases initiates requests for internal audit for more detailed control.
  • Manages company funds to maximize benefits and oversees liquidity control and coordination within the company.
  • Maintains relationships with the financial institutions that the company interacts with and ensures that all the necessary information and documentation for these institutions, as well as financial funding needs, are prepared according to company requirements.
  • Oversees internal control processes to protect company assets and ensure accuracy of financial reporting.
  • Manages the process of managerial reporting to the CEO, the CFO of the Balfin Group and management team, in accordance with the internal policies, procedures and directives of the company and the Balfin Group.
  • Manages the preparation of financial certifications, financial reports, special analyzes and informative reports.
  • Leads the process of preparing the annual budget of the company, coordinates the process with other departments/companies and consolidating the final information.
  • Leads the process of preparing business plans for new projects of retail parks, as well as various investments according to the needs of the company.

 

OPERATIONAL DUTIES

  • Ensures compliance with legal and tax reporting requirements in accordance with the accounting standards applied in the Republic of Albania and by Balfin Group.
  • Ensures timely preparation and control of the reports required within the company and the Balfin Group, including cash flow, cost reports, monthly reports, group reporting package etc.
  • Develops and implements financial and accounting procedures.
  • Creates and maintains appropriate measures for internal controls/audit referring to the internal group policies/procedures.
  • Analyzes and conducts risk assessments and oversees cost and expense control to advise business leaders.
  • Creates and implements short-term and long-term plans for the well- functioning of the department, objectives and operating procedures.
  • Assists in planning and policy-making of commissions within company.
  • Analyzes the flow and structure of accounting transactions to propose solutions that enhance accuracy and effectiveness in accordance with financial and management reporting standards.
  • Coordinates and collaborates with other finance departments and/or investment firms to coordinate relevant information and reports.
  • Prepares the necessary materials for the execution of penalties according to the terms of contracts with clients, contractors, etc.
  • Preparation of annual financial statements and tax declarations.
  • Follow-up of relations with external and internal auditors.
  • Other tasks assigned by the supervisors.

 

Requirements & Work Experience

  • Hight experience in finance/accounting.
  • Minimum of 5 years’ experience in similar financial positions and at least 2 years of experience in staff management/ functional management responsibility.
  • Experience in project management and project accounting.
  • High technical skills in financial control, accounting (project), managerial reporting, performance management.

 

Other skills

  • Bachelor’s degree and/or master’s degree Business Administration or Finance required.
  • Must be familiar with reporting according to international accounting standards.
  • High analytical skills.
  • Self-motivator, capable of leading and motivating staff.
  • Good written and verbal communication skills.
  • Good interaction skills with other departments within the company, business units in group companies and with third party partners/clients.
  • Very good knowledge of the English language, knowledge of any other language is an advantage.

 

Benefits:

Work conditions: BALFIN Group offers an attractive benefit package, including a fair remuneration based on merit and performance evaluation.

 

Application Procedure: To apply for this position, please submit a detailed CV, before 17/07/2024 at the email address: hr@retailpark.al

* All applications will be treated with strict confidentiality according to the law No. 9887 set by the Albanian Parliament for the “Protection of Personal Data”. Only the selected candidates will be notified.