Job Summary:

The Head of Finance will be responsible for financial reporting, budgeting, forecasting, cash flow management, and financial analysis. He/She will also manage the audit & tax process, ensure financial compliance, and support other departments in achieving business objectives.


Key Responsibilities:


Financial Planning and Analysis:

  • Develop and manage the company’s financial plans, financial model, budgets, and forecasts.
  • Monitor and report to senior management on key financial metrics, including revenue, expenses, and profitability.

Accounting Management:

  • Oversee the preparation and maintenance of accurate financial records and reports.
  • Ensure compliance with accounting standards, IFRS and regulations.
  • Manage Accounts payable and receivable processes, Fixed Assets, General Ledger, Bank Reconciliation, Period Close, including invoice processing and collections in the ERP software.
  • Approval of PO, Vendors, Customers, Invoices in the ERP

Financial Reporting:

  • Prepare and present monthly, quarterly, and annual financial statements and reports.
  • Conduct variance analysis and provide explanations for discrepancies.

Cash Flow Management:

  • Monitor and manage cash flow to ensure adequate liquidity for operational needs.
  • Develop and implement cash management strategies to optimize cash reserves.

Internal Controls:

  • Establish and maintain effective internal controls to safeguard company assets and ensure accuracy in financial reporting.
  • Conduct regular reviews and audits of financial processes and systems.

Compliance and Risk Management:

  • Ensure compliance with relevant laws, regulations, and company policies.
  • Identify and manage financial risks and implement appropriate risk mitigation strategies.
  • Lead the management and administration of VAT, Corporate Tax, WHT ensuring that reporting and filing are done timely and accurately.
  • Lead the preparation of the annual Audit File and coordinate with external auditors to finalize Audited accounts for the Annual General Meeting.

External & Internal Stakeholder management

  • Develop and maintain strong relationships with banks, auditors’ vendors, and customers.
  • Coordinate with the Audit Committee and Board of Directors for financial and operational reporting.
  • Share relevant financial information with other organizational support functions.

Team Management:

  • Supervise and mentor accounting and finance staff, including hiring, training, and performance evaluations.
  • Foster a collaborative and productive work environment.


Qualifications & Experience:

  • Bachelor’s degree in accounting, Finance, or a related field; CA, ACCA, CPA, CFA certification preferred.
  • Minimum of 8-10 years of experience in accounting and finance, with at least 3-5 years in a managerial role.
  • Experience in Real Estate Industry, Construction & Project Management will be beneficial.
  • Strong knowledge of accounting principles, financial analysis, and reporting.
  • Proficiency in accounting software (e.g. SAP, Oracle, Yardi, Tally) and Microsoft Office Suite (Excel, Word, PowerPoint).
  • Excellent analytical, organizational, and critical thinking skills.
  • Strong leadership and team management abilities.
  • Effective communication and people skills, with the ability to present financial information.

Post date: 14 October 2024
Publisher: LinkedIn
Post date: 14 October 2024
Publisher: LinkedIn