Chief Financial Officer - Manufacturing (12-15 yrs)

The CFO of the Algeria subsidiary is responsible for overseeing all financial operations, ensuring compliance with local regulations, and aligning with the strategic and financial goals set by the India-based parent company. This role involves close collaboration with the Parent company's CFO, the local leadership team, and external stakeholders to drive financial performance, manage risks, and support business growth in Algeria.

Key Responsibilities:

1. Financial Strategy and Planning:

- Develop and execute financial strategies that align with the Parent Company's goals and the subsidiary's business objectives.

- Provide financial forecasts, budgets, and strategic plans to guide decision-making.

- Monitor key performance indicators (KPIs) and recommend actionable measures.

2. Financial Reporting and Compliance:

- Ensure accurate and timely financial reporting in accordance with local GAAP, IFRS, and Parent company guidelines.

- Liaise with auditors, tax authorities, and regulatory bodies to ensure compliance with local laws and international standards.

- Prepare financial statements and reporting packages for submission to the parent company.

- Implement robust internal controls to safeguard the company's assets and financial integrity.

3. Treasury and Cash Flow Management:

- Manage the subsidiary's treasury operations, including cash flow planning, banking relationships, and working capital optimization.

- Ensure efficient currency management and compliance with foreign exchange regulations.

4. Cost Optimization and Operational Efficiency:

- Drive cost control initiatives to optimize profitability and improve operational efficiency.

- Analyze cost structures and identify opportunities for value creation and process improvement.

5. Collaboration with Parent Company:

- Act as a key liaison between the Algeria subsidiary and the India-based parent company's finance team.

- Align financial processes, policies, and reporting standards with the parent company's requirements.

- Provide regular updates and insights to the parent company's CFO regarding financial performance and challenges.

6. Leadership and Team Development:

- Lead and mentor the local finance team to build a high-performing department.

- Foster a culture of accountability, collaboration, and continuous learning.

7. Strategic Business Partnering:

a. Collaborate with local business leaders to support strategic initiatives and business growth.

b. Provide financial insights to support decision-making on investments, expansions, and other key projects.

Qualifications and Experience:

Education: Chartered Accountant (CA), Certified Public Accountant (CPA), MBA in Finance, or equivalent qualification.

Experience:

- Minimum of 12-15 years of experience in finance, with at least 5 years in a senior leadership role.

- Experience in multinational companies, preferably in the manufacturing or pharmaceuticals sector.

- Familiarity with Algerian financial regulations and international reporting standards.

Skills:

- Strong financial acumen and strategic thinking.

- Excellent communication and interpersonal skills to engage with cross-functional teams and global stakeholders.

- Proficiency in ERP systems (SAGE) and financial tools.

- Fluency in English and French (preferred).