Executive - Finance

Job highlights

• Qualifications: . Bachelors degree in Finance,Accounting,or a related field . Professional certifications such as CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst) are desirable .

• 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 stakeholder