Job Description
Job Summary : Responsible for a business’s money transactions, including income and expenses, a finance executive makes sure that their organization is profitable. They manage cash-flow statements, budgeting and tax planning. They also determine ways for the company to cut costs to maximize profits.
Key Responsibilities:
- Financial Management: Oversee and manage the financial operations of the organization, including financial reporting, budgeting, forecasting, and financial analysis. Ensure compliance with accounting principles, financial regulations, and internal policies.
- Financial Reporting: Prepare and review financial statements, reports, and presentations for internal and external stakeholders. Provide accurate and timely financial information to support strategic and operational decision-making.
- Budgeting and Forecasting: Develop, monitor, and analyse budgets and forecasts. Provide guidance and recommendations on financial targets, resource allocation, and cost optimization. Monitor actual performance against budget and forecast, and take corrective actions as needed.
- Financial Analysis: Conduct financial analysis to identify trends, opportunities, and risks. Provide insights and recommendations to senior management for strategic planning, investment decisions, and risk management.
- Risk Management: Identify, assess, and mitigate financial risks, including market, credit, operational, and regulatory risks. Implement and maintain effective internal controls to safeguard company assets and ensure compliance with financial policies and regulations.
- Cash Flow Management: Manage cash flow, liquidity, and working capital. Optimize cash flow processes and forecasting to ensure adequate liquidity for the organization’s operations and strategic initiatives.
- Relationship Management: Build and maintain strong relationships with internal and external stakeholders, including senior management, auditors, banks, investors, and other financial partners. Provide financial guidance and support to other departments and business units.
- Continuous Improvement: Identify opportunities for process improvement, automation, and optimization in financial processes. Implement best practices, systems, and tools to improve efficiency, accuracy, and effectiveness of financial operations.
- Ad hoc Projects: Participate in special projects, financial initiatives, and ad hoc analyses as required by senior management or the board of directors.
Qualifications:
- Bachelor’s Degree, Post Graduate Diploma or Professional Degree in finance, accounting, or related field.
- Proven experience (typically 4 years) in financial management, accounting, or related roles.
- Strong knowledge of financial accounting principles, financial analysis techniques, financial regulations and advanced motivational and negotiation skills
- Excellent analytical, problem-solving, and critical-thinking skills with keen attention to detail.
- Strong communication and presentation skills, both verbal and written, with the ability to convey complex financial concepts to non-financial stakeholders.
- Ability to lead and develop a team, manage multiple tasks, and meet deadlines in a fast-paced environment.
- Strong interpersonal skills with the ability to build and maintain relationships with internal and external stakeholders.
- Proficiency in financial software and Microsoft Office.
- Knowledge of industry-specific financial practices and regulations may be required, depending on the industry in which the organization operates.