Chief Financial officer

1. Investor and Stakeholder Relations:

• Represent the company to prospective and existing investors.
  
• Communicate the companys financial performance strategies and goals effectively.
  
• Coordinate with stakeholders such as shareholders board members and regulatory bodies.
  

2. Regulatory Compliance and Coordination:

• Liaise with regulatory bodies relevant to the industry such as labor departments and industryspecific regulatory agencies.
  
• Ensure compliance with labor laws taxation regulations and other relevant statutes.
  
• Coordinate with industry associations and trade unions as necessary.
  

3. Financial Management:

• Oversee the internal accounting and finance team.
  
• Establish and maintain robust accounting processes and ensure adherence to them.
  
• Develop and implement financial strategies to optimize profitability and operational efficiency.
  

4. Audit Management:

• Plan and execute internal audits to ensure accuracy compliance and operational effectiveness.
  
• Coordinate with external audit firms for annual audits and regulatory compliance.
  

5. Knowledge of Manpower Outsourcing Industry:

• Stay informed about industry trends market dynamics and regulatory changes affecting the staffing and manpower outsourcing sector.
  
• Utilize this knowledge to inform financial strategies business decisions and risk management practices.
  

6. Financial Relationship Management:

• Manage relationships with banks financial institutions and other funding sources.
  
• Negotiate favorable terms for financing arrangements and explore avenues to reduce financial costs.
  
• Optimize working capital management to minimize interest outflow and improve liquidity.
  

7. Risk Management:

• Develop and implement risk management policies and procedures to identify assess and mitigate financial risks.
  
• Monitor and manage credit risk associated with clients and vendors.
  
• Establish and maintain a debtors/credit policy to optimize cash flow and minimize bad debt exposure.
  

8. Debtors/Credit Policy and Cash Flow Management:

• Establish and maintain a debtors/credit policy to optimize cash flow and minimize bad debt exposure.
  
• Monitor and manage accounts receivable to ensure timely collection and minimize days receivable.
  

Requirements

As a CFO in this context the primary focus would be on financial management regulatory compliance risk mitigation and stakeholder relations specific to the staffing and manpower outsourcing industry

Benefits