Executive - Finance

The Finance Executive plays a crucial role in overseeing and managing financial activities within an organization . This role involves financial analysis, budgeting, financial reporting, and supporting strategic decision-making . The Finance Executive collaborates with cross-functional teams, provides financial insights, ensures compliance with regulations, and contributes to the overall financial health of the organization . Responsibilities : Financial Planning and Analysis : Assist in the development and implementation of financial plans, budgets, and forecasts . Conduct financial analysis, including variance analysis, trend analysis, and key performance indicators (KPIs), to support decision-making . Monitor and analyze financial data, identifying areas for improvement and cost-saving opportunities . Collaborate with other departments to gather financial information and provide insights for business planning and strategy . Financial Reporting and Compliance : Prepare and review financial statements, including balance sheets, income statements, and cash flow statements . Ensure timely and accurate financial reporting, adhering to accounting principles and regulatory requirements . Monitor compliance with internal controls, policies, and procedures . Support external audits and coordinate with auditors to provide necessary financial information . Budgeting and Cost Management : Assist in the preparation and monitoring of budgets, providing analysis and recommendations to optimize resource allocation . Monitor and control expenses, identifying cost-saving measures and efficiency improvements . Track and analyze budget variances, providing explanations and recommendations for corrective actions . Cash Flow Management : Monitor and manage cash flow, ensuring sufficient liquidity for operational needs and financial obligations . Prepare cash flow forecasts and projections, identifying potential cash flow gaps or surpluses . Manage working capital, including accounts receivable and accounts payable, optimizing cash flow cycles . Financial Systems and Processes : Contribute to the development and improvement of financial systems, processes, and controls . Implement and maintain financial software and tools to support efficient financial operations . Identify opportunities for automation and streamlining of financial processes . Financial Risk Management : Identify financial risks and develop risk mitigation strategies . Monitor and manage financial risks, including credit risk, liquidity risk, and market risk . Develop and implement internal controls to safeguard assets and ensure compliance with regulations . Stakeholder Communication and Relationship Management : Collaborate with internal stakeholders, such as management, department heads, and business partners, to provide financial insights and support decision-making . Present financial analysis, reports, and recommendations to stakeholders, including senior management and the board of directors . Foster effective relationships with external stakeholders, such as banks, auditors, and regulatory bodies . Continuous Improvement : Stay updated with industry trends, best practices, and regulatory changes in finance . Continuously evaluate and improve financial processes, systems, and controls . Identify opportunities for process automation, efficiency gains, and cost savings . Qualifications : Bachelor's degree in Finance, Accounting, or a related field . Professional certifications such as CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst) are desirable . Proven experience in finance roles, with a focus on financial analysis, financial reporting, or financial planning and analysis . Strong understanding of financial principles, accounting standards, and financial regulations . Proficiency in financial analysis techniques, financial modeling, and budgeting . Advanced skills in MS Excel and financial software applications . Knowledge of financial systems and tools such as ERP (Enterprise Resource Planning) systems . Familiarity with financial risk management and internal control frameworks . Excellent analytical and problem-solving skills, with attention to detail . Strong communication and presentation skills, with the ability to convey complex financial information to non-financial stakeholders .