
Chief Financial Officer Role
8 hours ago
The role of Financial Director involves overseeing the preparation and finalization of financial accounts, ensuring compliance with regulatory requirements. Responsibilities include strategic planning, analysis, reporting, and day-to-day financial operations such as invoicing, collections, banking, and budget management.
Key Responsibilities:
- Strategic Planning and Analysis:
- Develop comprehensive financial plans, manage working capital and cash flow.
- Identify cost-saving measures and implement efficient systems.
- Conduct profitability analysis (entity/region/branch/customer-wise) and budget management.
- Analyze and provide insights on new business opportunities.
Operational Finance:
- Manage accounting and control processes, including invoicing and collections.
- Oversee debtor management and credit control to ensure timely receivables.
- Monitor revenue, ensure timely invoicing, and manage accounts payable.
Reporting and Compliance:
- Provide regular reports and inputs for operating plans.
- Maintain accurate financial records per Generally Accepted Accounting Principles (GAAP).
- Ensure timely completion of audits and statutory submissions.
Strategic Contributions:
- Develop strategic plans for cost-effective operations.
- Prepare and monitor business models for annual budgeting.
- ERP and Inventory Management:
- Utilize ERP tools to monitor inventory movements and financial activities.
This is a key position in the organization's financial team, requiring strong leadership and technical skills.
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