
Financial Leadership Professional
20 hours ago
Job Overview:
The Financial Leadership Professional is responsible for overseeing the overall financial management and control functions of an organization.
Key Responsibilities:- Develop and implement a comprehensive financial strategy aligned with the organization's overall strategic objectives.
- Provide strategic financial guidance to senior management on financial planning, resource allocation, and investment decisions.
- Monitor financial performance against budgets and plans, identifying and addressing potential risks and opportunities.
- Internal Audit System Development & Implementation
- Establish a robust internal audit framework, designing and implementing policies aligned with international best practices.
- Risk-based audit planning: 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.
- World-class financial systems implementation and management
- Lead the evaluation, selection, and implementation of an integrated, world-class financial management system meeting current and future needs.
- Oversight of data migration and integration: oversee the migration of financial data from legacy systems to the new financial system, ensuring data accuracy and integrity.
- Treasury and cash management
- Manage cash flow and investments, ensuring optimal liquidity and returns while minimizing risk.
- Establish and maintain banking relationships, negotiating favorable terms and conditions.
- Compliance and risk management
- Ensure compliance with all relevant laws, regulations, and accounting standards.
- Develop and maintain internal controls to safeguard financial assets and prevent fraud.
- Financial accounting and reporting
- Oversee all aspects of financial accounting, including general ledger maintenance, accounts payable and receivable, and fixed asset management.
- Prepare accurate and timely financial statements according to International Financial Reporting Standards (IFRS) or other relevant international accounting standards.
- Budgeting and forecasting
- Support senior management 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.
- Grants and project financial management
- Establish and maintain robust financial controls for grants and project funding, ensuring compliance with donor requirements.
- Team management and development
- Lead, mentor, and develop a high-performing finance team, fostering a culture of collaboration, accountability, and continuous improvement.
- Education:
- Masters degree in Accounting, Finance, Business Administration, or a related field is required. Professional accounting certification is highly desirable.
- Experience:
- Minimum of 10-15 years of progressive experience in a combination of auditing, finance, and accounting roles, with at least 5-7 years in a senior management position.
- Demonstrated experience in establishing robust financial audit systems and implementing world-class financial systems.
- Skills:
- Technical skills:
- Expert knowledge of financial accounting principles and practices.
- Proficiency in using financial management systems.
- Strong analytical and problem-solving skills.
- Excellent budgeting and forecasting skills.
- Leadership skills:
- Strategic thinking and planning.
- Strong leadership and team management skills.
- Excellent communication and interpersonal skills.
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