Financial officer
6 days ago
The Financial Officer is responsible for managing the organizations financial operations including budgeting forecasting financial reporting and ensuring compliance with financial regulations. This role plays a critical part in maintaining the financial health and sustainability of the organization.
Key Responsibilities Financial Management- Oversee daily financial transactions including accounts payable accounts receivable and payroll.
- Manage cash flow to ensure sufficient funds are available for operational needs.
- Prepare financial forecasts and budgets.
- Prepare accurate financial statements including income statements balance sheets and cash flow statements.
- Generate monthly quarterly and annual reports for management and stakeholders.
- Ensure compliance with local regional and international financial regulations and standards.
- Support external and internal audits by providing necessary documentation and analysis.
- Provide financial insights to support strategic decisionmaking.
- Monitor financial performance and identify areas for cost optimization.
- Assess financial risks and develop mitigation strategies.
- Implement and maintain internal controls to safeguard company assets.
- Work closely with department heads to develop budgets and financial plans.
- Liaise with external entities such as banks auditors and tax authorities.
- Bachelors degree in Finance Accounting Economics or a related field. A masters degree or professional certifications such as CPA CFA or ACCA is a plus.
- Minimum of 57 years of experience in financial management or a similar role.
- Proficiency in financial software (e.g. QuickBooks SAP or Oracle).
- Strong analytical and problemsolving skills.
- Advanced knowledge of Microsoft Excel and financial modeling.
- Excellent communication and interpersonal skills.
- High attention to detail and organizational skills.
- Ability to work under pressure and meet deadlines.
- Timeliness and accuracy of financial reporting.
- Adherence to budgets and forecasts.
- Compliance with financial regulations.
- Efficiency in managing cash flow and reducing operational costs.
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