Finance Head (Chartered Accountant)

Role Definition

Finance Head is a senior leadership role tasked with shaping the strategic financial direction of the company. This position is responsible for overseeing all financial activities, ensuring compliance with regulations, and promoting financial sustainability while driving growth and profitability. The role requires strong analytical skills, leadership capabilities, and effective communication with executive management and other stakeholders.

Key Responsibilities and Deliverables
• Strategic Financial Planning
Develop and implement long-term financial strategies aligning with business objectives and market conditions. Conduct comprehensive financial analyses, including forecasting and modelling, to support decision-making at the executive level.
• Financial Oversight
Oversee the budgeting, forecasting, and financial reporting processes, ensuring accuracy and timeliness. Monitor cash flow, analyse financial risks, and develop strategies to optimise financial performance.
• Team Development
Lead and develop the finance team, establishing clear performance expectations and fostering a culture of excellence and accountability. Conduct regular performance reviews, provide constructive feedback, and facilitate professional development opportunities for team members.

Tasks and Activities
• Collaborate with senior leadership to define financial goals.
• Create and revise financial models and forecasts.
• Analyze historical financial data to project future performance.
• Prepare scenario analyses to assess the impact of strategic decisions.
• Present findings and recommendations to the executive team.
• Set performance goals and objectives for the finance team.
• Provide mentorship and guidance to team members.
• Facilitate team-building activities to enhance collaboration.
• Organize training sessions and workshops for skill enhancement.
• Evaluate team performance using key metrics and provide actionable feedback.
• Support career development plans for team members.
• Lead the annual budgeting process, coordinating with department heads.
• Review and approve monthly financial reports and ensure they meet internal standards.
• Implement rolling forecasts to adapt to changing market conditions.
• Maintain daily cash flow analysis to ensure liquidity.
• Identify potential financial risks and develop mitigation strategies.
• Implement cost control measures to enhance profitability.