Executive Finance Director

1 week ago

Faisalabad City Tehsil, Pakistan beBee Careers Full time
Job Summary

We are seeking an experienced Director Finance to lead our financial management team. The ideal candidate will have a strong background in finance, excellent leadership skills, and the ability to develop and implement effective financial strategies.

Responsibilities
  • Financial Planning and Analysis:
    • Develop and Implement Financial Strategies: Create and execute long-term financial plans that align with the company's goals and objectives.
    • Manage Budgets and Forecasts: Lead the budgeting process and prepare annual budgets and financial forecasts.
    • Conduct Financial Analysis: Analyze financial data to identify trends, variances, and opportunities for improvement.
  • Financial Reporting:
    • Prepare and Present Financial Statements: Oversee the preparation and presentation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
    • Ensure Regulatory Compliance: Ensure compliance with all financial regulations and standards.
    • Provide Internal Reports: Provide regular financial reports to the executive team and board of directors.
  • Treasury Management:
    • Manage Cash Flow: Oversee cash management, ensuring optimal liquidity to meet the company's operational needs.
    • Negotiate Banking Relationships: Manage relationships with banks and financial institutions to secure favorable terms and conditions.
    • Develop Investment Strategies: Develop and implement investment strategies to maximize returns on excess cash while managing risk.
  • Risk Management:
    • Identify and Assess Risks: Identify and assess financial risks, including market, credit, and operational risks.
    • Mitigate Financial Risks: Develop and implement strategies to mitigate financial risks and protect the company's assets.
    • Oversee Insurance Programs: Oversee the company's insurance programs to ensure adequate coverage and cost-effectiveness.
  • Audit:
    • Oversee Audit Process: Oversee the audit process, including the selection and management of external auditors.
    • Implement Internal Controls: Ensure the implementation and maintenance of effective internal controls to safeguard the company's assets and ensure the accuracy of financial reporting.
    • Monitor Compliance: Monitor compliance with all relevant financial regulations and standards.
    • Work with Audit Committee: Work closely with the Audit Committee to address any audit findings and implement corrective actions.
Requirements
  • Leadership: Experience in leading and motivating teams to achieve common goals.
  • Strategic Thinking: Ability to develop and implement long-term financial strategies that align with the company's vision and objectives.
  • Financial Acumen: Proficiency in financial principles and practices, with the ability to manage budgets, forecasts, and financial reports.
  • Operational Excellence: Dedication to enhancing financial efficiency and effectiveness through innovative solutions and best practices.
  • Communication: Excellent verbal and written communication skills, with the ability to convey complex financial information effectively to various stakeholders.
  • Problem-Solving: Strong analytical and problem-solving abilities, with a proactive approach to identifying and addressing financial issues.
  • Change Management: Proven ability to drive change and improve financial operations.

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