Job Summary:
The Chief Financial Officer is responsible for the strategic management of the organization’s financial operations. The role involves overseeing financial planning, risk management, record-keeping, financial reporting, and ensure compliance with applicable laws and regulations.
Key Responsibilities:
- OPTIMIZATION:
- Full optimization of financial and accounting modules of the SAP ERP.
- PLANNING
- Assist in formulating and implementing the company’s strategic business plans and supporting tactical financial initiatives.
- Develop financial and tax strategies.
- Supervise the budgeting processes.
- Develop financial performance measures and monitoring systems to support the Company’s strategic direction.
- OPERATIONS
- Participate in key decisions as a member of the executive management team.
- Maintain in-depth relations with all members of the management team.
- Oversee the accounting, business partner relations, tax, and treasury transactions.
- Oversee the financial operations of subsidiary companies.
- Oversee the company’s transaction processing and reporting systems.
- Implement operational accounting best practices.
- FINANCIAL INFORMATION
- Oversee the issuance of financial information.
- Review and approve all financial regulatory forms.
- Report financial results to Executive Management of the Company.
- REPORTING
- Oversee finance and accounting department, set goals and objectives, and design a framework for these to be met.
- Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
- Develop trends and projections for the firm’s finances.
- Conduct reviews and evaluations for cost-reduction opportunities.
- RISK MANAGEMENT
- Understand and mitigate key elements of the company’s risk profile & report relevant issues.
- Implement and monitor control systems.
- Ensure that the company complies with all legal and regulatory requirements.
- Ensure that record keeping meets the requirements of auditors and government agencies.
- Maintain relations with external auditors, investigate their findings and issue report with appropriate recommendations.
- TREASURY
- Oversee the Treasury functions.
- Monitor cash balances, cash forecasts and treasury details.
- CORPORATE FINANCE
- Oversee financial analysis for investments (expansion of existing business or venture into new businesses).
- Build financial models to aid investment appraisals.
- Provide information for use by the Investment Committee.
- Facilitate the engagement and liaison with 3rd party financial advisers for major fundraising initiatives.
- Liaise with financial advisers during investment road shows.
- STAKEHOLDERS
- Ensure team growth and development.
- Maintain banking relationships.
- Ensure internal and external customer satisfaction.
Qualifications & Experience:
- Bachelor’s degree in Finance, Accounting, Economics, or related field (required)
- Master’s in Business Administration (MBA) or related advanced degree (preferred)
- Professional certifications such as CPA, ACCA, or CFA (strongly preferred)
- Minimum 15 years of progressive experience in finance, with at least 5 years in a senior leadership role.
- Proven track record of strategic financial management in a complex business environment.
- Experience in corporate governance, risk management, and regulatory compliance.
- Industry-specific experience (e.g., banking, manufacturing, nonprofit, etc.), if applicable