Financial Manager

Gold Water Plastic Manufacturing Company was established in 2017 as a national, Afghan-owned enterprise operating in the plastic manufacturing sector. The company specializes in the large-scale production of High-Density Polyethylene (HDPE) pipes, ranging from 16mm to 800mm in diameter with pressure ratings from PN6 to PN20. These pipes are used for water supply systems, irrigation networks, sewage and drainage, industrial fluid transport, telecommunication conduits, and gas distribution. The company operates on a procurement-to-production-to-sales model, importing HDPE resin and granules as raw materials, processing them through large-scale extrusion and molding, conducting in-house quality control for pressure tolerance and material consistency, and distributing finished products through direct sales and authorized dealers. Key customers include government entities such as the Ministry of Rural Rehabilitation and Development and the Ministry of Water and Energy, international NGOs, private construction contractors, wholesalers, retailers, and agricultural clients. The company is registered with the Afghanistan Investment Support Agency (AISA) and the Afghanistan Chamber of Commerce and Industries (ACCI), with head office and factory located in Afghanistan.

Sales Revenue & Receivables Management

• Establish and enforce revenue recognition policies in line with IFRS or local GAAP
• Oversee sales invoices, collection, and daily reconciliation of sales proceeds with bank deposits and cash collections
• Review Accounts Receivable (AR) aging reports (0-30, 31-60, 61-90, 90+ days)
• Lead monthly AR review meetings with Sales Department to follow up on overdue accounts
• Calculate and monitor Days Sales Outstanding (DSO) as a key performance metric
• Approve bad debt provisions and write-offs per company policy

Procurement & Payables Management

• Establish procurement-to-payment (P2P) cycle controls
• Review and approve supplier payment batches based on agreed payment terms
• Ensure three-way matching of Purchase Order (PO), Goods Received Note (GRN), and Supplier Invoice
• Maintain and review Accounts Payable (AP) aging and payment schedules
• Calculate and monitor Days Payable Outstanding (DPO)

Cash & Treasury Management

• Prepare and maintain daily cash position reports and weekly/monthly cash flow forecasts
• Ensure segregation of duties between cash handling, recording, and reconciliation
• Review and approve all bank reconciliations
• Manage bank relationships including account openings, signatories, and facility negotiations
• Authorize electronic fund transfers (EFTs) and check issuances within approved limits

General Accounting & Chart of Accounts

• Maintain and periodically review the Chart of Accounts (COA)
• Oversee month-end closing process with a defined closing calendar
• Review journal entries including accruals, prepayments, depreciation, and provisions
• Maintain fixed assets register with depreciation calculations
• Review trial balance for accuracy and completeness

Inventory & Cost of Goods Sold (COGS) Accounting

• Establish inventory valuation policy (FIFO,LIFO, weighted average, or specific identification)
• Ensure accurate recording of stock-in (raw materials, finished goods) and stock-out (sales, transfers)
• Calculate and review Cost of Goods Sold (CGS) monthly using formula: Opening Inventory + Purchases - Closing Inventory
• Coordinate with Stores/Warehouse for periodic physical stock counts
• Reconcile financial inventory value with physical stock count and investigate variances
• Calculate inventory turnover ratio and days of inventory on hand

Financial Reporting & Management Information

• Prepare and present to CEO/Board monthly Income Statement (P&L) with budget vs. actual variance analysis
• Prepare and present Balance Sheet with supporting schedules
• Prepare and present Cash Flow Statement (direct or indirect method)
• Prepare management dashboards with key financial KPIs (gross profit margin, net profit margin, current ratio, quick ratio, working capital)
• Prepare quarterly and annual financial statements
• Provide ad-hoc financial analysis for decision-making (pricing, supplier selection, discount impact)

Budgeting, Forecasting & Cost Control

• Lead annual budgeting process in coordination with all departments
• Consolidate departmental budgets into master budget (P&L, Balance Sheet, Cash Flow)
• Prepare monthly budget vs. actual variance reports with explanations for variances
• Prepare rolling forecasts (quarterly) to reflect changing business conditions
• Establish cost approval authority matrix

Taxation & Statutory Compliance

• Ensure timely and accurate calculation of Corporate Income Tax (CIT), Sales Tax/VAT, Withholding Tax (WHT), and customs duties on imported raw materials
• Prepare and review tax returns before submission to tax authorities
• Maintain tax payment schedules and ensure payments before deadlines
• Manage tax audits and provide required documentation

Internal Controls, Risk Management & Audit

• Develop, document, and implement Standard Operating Procedures (SOPs) for all financial processes
• Establish segregation of duties matrix and approval limits
• Conduct periodic internal control testing (surprise cash counts, spot checks)
• Identify financial risks (liquidity risk, credit risk, currency risk, fraud risk) and develop mitigation plans
• Act as primary point of contact for external auditors
• Implement audit recommendations and track corrective actions

Team Supervision & Capacity Development

• Assign tasks to finance team members and review work outputs
• Conduct monthly one-on-one meetings with direct reports
• Prepare and deliver annual performance appraisals for finance team
• Identify training needs and arrange technical capacity building

Education

• Bachelor’s degree in finance, Accounting, Economics, or Business Administration
• Master's degree (MBA Finance, M.Com, or equivalent)
• Professional certification (CPA, ACCA, CMA, CA - partial or full)

Experience

• Minimum 5-7 years of progressive experience in finance or accounting
• Minimum 3 years in a supervisory or managerial role
• Preferred: Experience in manufacturing, trading, distribution, or sales-driven companies
• Preferred: Experience with ERP or accounting software implementation

Technical Competencies

• Working knowledge of IFRS or local Generally Accepted Accounting Principles (GAAP)
• Ability to prepare and interpret financial statements (P&L, Balance Sheet, Cash Flow)
• Hands-on experience with budget preparation and variance analysis
• Knowledge of Corporate Income Tax (CIT), Sales Tax/VAT, Withholding Tax (WHT), and customs duties
• Ability to design and test internal control procedures
• Advanced Excel proficiency (pivot tables, VLOOKUP, formulas, basic macros)
• Experience with accounting software (QuickBooks, SAP, Tally, or similar)

Behavioral Competencies

• High ethical standards and confidentiality (integrity)
• Analytical thinking to interpret numbers and identify trends
• Attention to detail in reviewing documents and reports
• Problem-solving ability to resolve discrepancies and find solutions
• Clear written and verbal communication for reporting to management
• Leadership to guide, motivate, and develop a team
• Time management to meet strict reporting deadlines (month-end closing within 7 days)

Language Requirements

• English: Fluent (reading, writing, speaking) - required for financial reporting and external communication
• Dari or Pashto: Fluent - preferred for internal coordination with factory, warehouse, and local stakeholders

Other Requirements

• Must be an Afghan national (company is 100% Afghan-owned)
• Willing to work occasional overtime during month-end closing, budgeting season, and audit periods
• Willing to travel occasionally to factory/warehouse location or tax offices
• Clean record with no history of financial misconduct or fraud

• Updated CV or Resume (maximum 4 pages)
• Cover letter

Note: Send all documents in PDF format (single PDF or multiple attachments)

Send to this email: hr@gwpmc.com , cc : ceo@gwpmc.com