Chief Financial Officer

Chief Financial Officer

The Chief Financial Officer (CFO) shall be responsible for planning & managing the finances of the group company & its subsidiaries, by leading a team of professionals reporting to the position.

The Chief Financial Officer shall act as a strategic business partner to the executive leadership team.

Assess and evaluate financial performance of the organization with regard to long-term operational goals, budgets and forecasts.

Provide insight and recommendations to both short-term and long-term growth plan of organization.

Identify, acquire and implement systems and software to provide critical financial and operational information.

Evaluate departments and make suggestions for automating processes and increasing working efficiency.

Communicate, engage and interact with Board of Directors, CEO, COO and the Executive Leadership Team.

Create and establish yearly financial objectives that align with the company's plan for growth and expansion.

Select and engage consultants, auditors and investors.

Recruit, interview and hire finance, accounting and payroll staff as required.

Serve as a key member of executive leadership team and in the discussion panel.

Participate in pivotal decisions as they relate to strategic initiatives and operational models.

Implement policies, procedures and processes as deemed appropriate by senior leadership team.

Role & Responsibilities

Financial Analysis, Budgeting and Forecasting

Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.

Develop and maintain monthly operating budget and annual company operating budget.

Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.

Participate in periodic conference calls with Lenders, Vendors and Executive Leadership Team.

Accounting, General Ledger, Administration and Operations

Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software.

Provide regular maintenance and backup of all accounting systems and supervise company financial staff.

Review and ensure application of appropriate internal controls, compliance and financial procedures.

Work with Human Resources to ensure appropriate legal compliance.

Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies

Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.

Financial Management

Manage cash flow planning process and ensure funds availability.

Oversee cash, investments and asset management area.

Explore new investment opportunities and provide recommendations on potential returns and risks.

Maintain outstanding banking relationships and strategic alliances with vendors and business partners.

Utilize forward-looking models and activity-based analyses to provide financial insight into the organization's plans and operating budgets. Financial Relations and Policies

Engage finance committee and/or board of directors to develop short term and long term plans, projections and budgets.

Represent company to banks, financial partners, institutions, investors, public auditors and officials. Finance and Accounting Team Management

Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.

Mentor and develop a team of senior managers by managing work allocation, systems training, performance evaluations, and the building of an effective, efficient and dynamic team.

Cash Management

Oversee weekly cash management approve relevant payables.

Supervise Accounts Receivable management and provide guidance relating to the collection process

Education Qualification & Experience

• Certified Chartered Accountant, with Bachelors or Masters degree in Accounting
• 15 plus years of experience in senior management position required.
• In depth knowledge of corporate financial law and risk management practices
• Excellent knowledge of data analysis and forecasting methods
• Proficient in the use of MS Office and financial management software (e.g. SAP)
• Ability to strategize and solve problems
• Strong leadership and organizational skills
• Excellent communication and people skills
• Decision-making and problem-solving skills
• Leadership skills with the ability to delegate, motivate and inspire team members
• Honesty and integrity
• Strong written and verbal communication skills