
Finance Strategist
3 days ago
The role of a Financial Management Specialist is crucial in leading the financial management, reporting, and control functions of an international organization.
\This position requires a highly skilled finance professional with experience in establishing robust financial audit systems, implementing world-class financial systems, and ensuring compliance with international accounting standards and relevant regulatory requirements.
\The selected candidate will be responsible for safeguarding the organization's financial assets, providing strategic financial guidance to senior management, and contributing to the organization's mission of promoting solar energy deployment globally.
\Key Responsibilities and Accountabilities:
\- Develop and implement the organization's financial and audit strategy in alignment with the overall strategic objectives.\
- Provide strategic financial advice and guidance to the COO and or the Director-General on financial planning, resource allocation, and investment decisions.\
- Monitor financial performance against budgets and strategic plans, identifying and addressing potential risks and opportunities.\
- Establish a comprehensive audit framework and design policies aligned with international best practices.\
- Conduct regular risk assessments to identify key areas of financial risk and develop a risk-based audit plan that prioritizes high-risk areas.\
- Audit execution and reporting: conduct independent internal audits of financial transactions, processes, and systems to assess compliance with policies, procedures, and regulatory requirements.\
- Follow-up and remediation: monitor the implementation of audit recommendations and track progress in addressing identified deficiencies.\
- Continuous improvement: regularly review and update the internal audit framework and processes to ensure they remain effective and aligned with evolving business needs and regulatory requirements.\
- Implement world-class financial systems and manage ongoing maintenance and upgrades.\
- Manage cash flow and investments, ensuring optimal liquidity and returns while minimizing risk.\
- Ensure compliance with all relevant laws, regulations, and accounting standards.\
- Develop and maintain internal controls to safeguard the organization's financial assets and prevent fraud.\
- Oversee all aspects of financial accounting, including general ledger maintenance, accounts payable and receivable, and fixed asset management.\
- Prepare accurate and timely financial statements in accordance with International Financial Reporting Standards (IFRS) or other relevant international accounting standards.\
- Prepare and present financial audit reports to stakeholders, providing clear and concise explanations of financial performance.\
- Support the COO with the annual budgeting process, working collaboratively with departments to develop realistic and achievable budgets.\
- Develop and maintain financial forecasting models to project future financial performance and support strategic decision-making.\
- Monitor budget performance throughout the year, identifying and addressing variances and implementing corrective actions as needed.\
- Establish and maintain robust financial controls for grants and project funding, ensuring compliance with donor requirements.\
- Prepare financial reports for donors and other funding agencies.\
- Lead, mentor, and develop a high-performing finance team, fostering a culture of collaboration, accountability, and continuous improvement.\
- Build and maintain effective relationships with relevant stakeholder groups, including personnel responsible for Voluntary Contribution, donors, partners, and financial institutions.\
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