Develop and implement robust financial strategies that align with the company's long-term objectives.
Lead the budgeting process, ensuring that all departments have accurate and achievable financial plans.
Forecast financial performance, adjusting strategies to accommodate changing market conditions and business needs.
Financial Analysis and Reporting:
Conduct detailed financial analysis, including trend analysis, variance analysis, and scenario planning, to support strategic initiatives.
Prepare comprehensive financial reports, including balance sheets, income statements, cash flow statements, and executive summaries.
Present financial results to senior management, highlighting key insights, risks, and opportunities for improvement.
Accounting and Compliance:
Manage day-to-day accounting operations, ensuring compliance with International Financial Reporting Standards (IFRS) and local regulations.
Oversee the preparation of financial statements, ensuring accuracy and timely submission.
Ensure all tax filings are accurate and submitted on time, maintaining compliance with relevant tax laws.
Financial Control:
Implement and enforce stringent internal controls to safeguard company assets and prevent fraud.
Conduct regular audits and financial reviews to identify and mitigate risks, ensuring operational efficiency.
Develop and update financial policies and procedures to reflect best practices and regulatory changes.
Budgeting and Monitoring:
Oversee the preparation of annual budgets, collaborating with department heads to ensure realistic targets.
Continuously monitor budget adherence, identifying and addressing variances in a timely manner.
Provide monthly and quarterly budget reviews, offering insights and recommendations to senior management to optimize resource allocation.
Commercial Agreements:
Review and validate all commercial agreements, including contracts, purchase orders, and supplier invoices, ensuring they meet financial and legal standards.
Provide financial advice during contract negotiations, securing favorable terms and minimizing financial risk.
Monitor compliance with all contractual obligations, ensuring timely payments and receipts.
Regulatory Compliance:
Ensure the company adheres to all financial regulations, including statutory reporting, tax compliance, and corporate governance standards.
Coordinate with external auditors and regulatory bodies to address any issues, ensuring full compliance with all requirements.
Management Information Systems (MIS):
Implement and maintain advanced MIS to provide real-time financial data and analytics to decision-makers.
Ensure the accuracy, reliability, and security of financial data across all systems, facilitating data-driven decision-making.
Customize reports to meet the specific needs of various stakeholders, providing clarity on financial performance and operational efficiency.
KPI Tracking and Sales Team Performance Monitoring:
Develop and monitor key performance indicators (KPIs) for the finance department and the broader organization.
Implement KPI tracking systems specifically for the sales team, analyzing performance data to identify trends, strengths, and areas for improvement.
Collaborate with sales leadership to align financial goals with sales targets, providing financial insights that drive sales strategies and incentive programs