Overview
1. Financial Reporting:
– Prepare and present monthly, quarterly, and annual financial reports in accordance with local accounting standards and corporate requirements.
– Ensure timely and accurate reporting of financial statements, including balance sheets, income statements, and cash flow statements.
2. Compliance and Risk Management:
– Ensure compliance with all local regulatory requirements, including tax filings, audits, and financial disclosures.
– Develop and maintain internal controls to safeguard company assets and ensure financial accuracy.
3. Budget Management:
– Monitor and control budgetary expenditures, ensuring alignment with approved budgets.
– Identify and address variances between actuals and budget, providing explanations and corrective actions.
4. Cash Flow Management:
– Oversee cash flow planning and ensure availability of funds as needed.
– Manage relationships with banks and other financial institutions to optimize cash management strategies.
5. Team Leadership:
– Lead, mentor, and develop the finance team to enhance their skills and performance.
– Foster a culture of continuous improvement and professional development within the team.
6. Strategic Support:
– Collaborate with senior management to support strategic initiatives and business development activities.
– Provide financial insights and analysis to support decision-making processes.