Finance Director
Finance Director
Posted on :
10-12-2024
Employer Active
1 Vacancy
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Job Description
We are looking for a Finance Director who will play a pivotal role in driving the financial success and sustainability of the organization. This seniorlevel position oversees all financial operations ensuring compliance with legal requirements implementing effective financial controls and developing strategies that support growth and operational efficiency. The Finance Director is responsible for aligning financial planning with the companys vision and longterm goals while managing risks and ensuring robust financial health.
What does the job involve
- Financial Strategy and Leadership:
- Develop and execute comprehensive financial strategies that align with organizational objectives.
- Provide strategic recommendations to the executive team and the board based on financial analysis and projections.
- Monitor industry trends and market conditions to adapt financial strategies proactively.
- Drive organizational transformation by aligning financial practices with strategic business goals.
- Financial Planning Budgeting and Analysis:
- Lead the development of annual budgets ensuring alignment with strategic priorities.
- Oversee forecasting processes analyzing variances and implementing corrective measures.
- Conduct scenario analysis to support decisionmaking under varying market conditions.
- Present detailed financial reports to stakeholders offering insights into key metrics such as profitability liquidity and solvency.
- Financial Reporting and Compliance:
- Ensure timely preparation of statutory financial reports including balance sheets profit and loss statements and cash flow forecasts.
- Ensure compliance with International Financial Reporting Standards (IFRS) or other relevant standards.
- Liaise with auditors and oversee external audits addressing any findings.
- Stay updated on local tax regulations and ensure timely and accurate filings.
- Risk Management and Internal Controls:
- Design and maintain a robust internal control framework to prevent fraud and mitigate financial risks.
- Identify and manage financial risks including currency fluctuations credit risks and liquidity risks.
- Develop and implement risk management policies to safeguard assets and investments.
- Treasury and Cash Flow Management:
- Oversee treasury functions ensuring efficient cash flow management to meet operational and strategic needs.
- Manage banking relationships and optimize debt financing structures.
- Develop investment strategies to maximize returns on surplus cash while minimizing risks.
- Cost Optimization and Efficiency:
- Drive costreduction initiatives without compromising quality or performance.
- Analyze operational expenses and recommend measures to improve financial efficiency.
- Evaluate capital expenditures and ensure alignment with ROI expectations.
- Team Leadership and Development:
- Lead and mentor a highperforming finance team fostering professional growth.
- Establish performance metrics and hold team members accountable for delivering results.
- Create a collaborative environment ensuring crossdepartmental financial alignment.
- Stakeholder Management:
- Build and maintain relationships with external stakeholders including banks auditors tax authorities and investors.
- Represent the organization in financial negotiations ensuring favorable terms.
- Communicate financial results and strategic initiatives to the board and investors in clear and actionable terms.
Qualifications
- A Bachelors degree in Finance Accounting Economics or a related field (A Masters degree in Finance Business Administration or a related field is a plus).
- Chartered Financial Analyst (CFA) Certified Public Accountant (CPA) or ACCA certification required.
- 7 years of progressive experience in financial management roles with at least 3 years in a senior leadership capacity
- Proven track record of driving financial transformation and delivering measurable results.
- Deep understanding of financial regulations taxation and corporate governance.
- Expertise in financial software and ERP systems (e.g. ApprovalMax Xero QuickBooks).
- Strong proficiency in financial modelling and data analysis tools (e.g. Excel Power BI).
Benefits
- Comprehensive benefits package.
Employment Type
Full Time
Key Skills
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