Chief Financial Officer
Full time
Posted On 11.19.2024
Expire On 12.04.2024 Employer
Description
Responsibilities and Job Description
Basic Responsibilities: The Chief Financial Officer position is responsible for financial planning, administrative control and risk management operations of the Company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of information and control systems designed to preserve Company assets and report accurate financial results.
Principal accountabilities are:
Planning
- Assist in formulating the Company's future direction and supporting tactical initiatives
- Monitor and direct the implementation of strategic business plans
- Develop financial and tax strategies
- Manage the capital request and budgeting processes
- Develop performance measures that support the Company's strategic direction
- Ensuring that adequate technological and support information systems are in train for current and future financial operations.
- Participate in key decisions as a member of the executive management team
- Maintain in-depth relations with all members of the management team
- Manage the accounting, tax, treasury and stock functions/departments
- Oversee the Company's transaction processing systems
- Implement operational best practices
- Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
- Ensuring proper financial information systems are in place and are compatible with other technological operations systems.
- Oversee the issuance of financial information
- Personally review and approve all statutory filings, requests, communications and payments
- Report financial results to the board of directors on a regular basis
- Must be conversant with all financial and control information systems across the whole Company.
Risk Management
- Understand and mitigate key elements of the Company's risk profile
- Modify and/or Construct and monitor reliable control systems
- Maintain appropriate insurance coverage
- Ensure that the Company complies with all legal and regulatory requirements
- Ensure that record keeping meets the requirements of auditors and government agencies
- Report risk issues to the board of directors
- Maintain relations with external auditors and investigate their findings and recommendations
- Monitor cash balances and cash forecasts in accordance with the appropriate cash flow projection systems
- Arrange for debt and equity financing
- Manage pension funds
- Maintain banking relationships
- Maintain Supplier, Creditor and Debtor relationships in good standing
- Maintain relationships with the major Insurance Companies
Qualifications/Accreditation
- The applicant should be suitably qualified/accredited in any of the following qualifications: CA, ACCA, CIMA or other accredited finance/accounting institution, or alternatively he/she should be able to demonstrate proven track record in Financial Planning and Control with appropriate working experience and responsibilities.
Remuneration
- The Company offers an attractive remuneration package which includes Health Insurance, Life Insurance and pension plan benefits.
- The actual salary which is for a Senior Level Management position will be commensurate with actual qualifications and work experience.
- The Company also boasts excellent working conditions with a complement of several professionals and a highly trained staff of over 180.
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Job Requirements
- The applicant should be suitably qualified/accredited in any of the following qualifications: CA, ACCA, CIMA or other accredited finance/accounting institution, or alternatively he/she should be able to demonstrate proven track record in Financial Planning and Control with appropriate working experience and responsibilities.
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