The Head of Finance is responsible for overseeing all financial aspects of the company's operations. He /She plays a crucial role in developing and implementing financial strategies, ensuring compliance with regulatory requirements, and providing accurate and timely financial information to support decision-making processes. He /She is responsible for leading the company’s finance professionals and also working closely with other departments to drive financial performance and growth

Responsibilities

1. Financial Strategy and Planning:

• Develop and implement the company's financial strategy in alignment with its overall business objectives.

• Conduct financial analysis, forecasting, and budgeting to support strategic decision-making.

• Identify areas for cost reduction, revenue enhancement, and operational efficiency improvement.

2. Financial Reporting and Analysis:

• Prepare and present accurate financial statements, reports, and analysis to the management team, board of directors, and stakeholders.

• Monitor and analyze financial performance, identifying trends, risks, and opportunities.

• Ensure compliance with accounting principles, regulations, and local statutory requirements.

3. Cash Flow Management:

• Oversee cash flow planning and ensure availability of funds for day-to-day operations.

• Implement effective working capital management practices, including monitoring receivables, payables, and inventory levels.

• Develop and maintain relationships with banks and financial institutions to optimize financing options.

4. Risk Management:

• Identify and mitigate financial risks through robust internal controls and risk management processes.

• Monitor market conditions and economic factors that may impact the company's financial performance.

• Implement strategies to manage foreign currency exchange risks, interest rate risks, and other financial exposures.

5. Team Leadership and Development:

• Lead and mentor the finance team, fostering a culture of continuous learning and professional growth.

• Set performance objectives, conduct regular performance reviews, and provide coaching and feedback.

• Foster effective cross-functional collaboration with other departments to achieve company goals.

6. Audit and Compliance:

• Coordinate and manage the external audit process, ensuring compliance with auditing standards and regulations.

• Maintain strong internal controls and ensure adherence to company policies and procedures.

• Liaise with external stakeholders, including auditors, tax authorities, and regulatory bodies.

7. Systems and Technology:

• Evaluate and implement financial systems and technology solutions to improve efficiency and accuracy.

• Stay updated with emerging trends and best practices in financial management and reporting.

Accounting, finance, banking, insurance Jobs in Africa

HEAD OF FINANCE

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Graduate Trainee Program - Finance

Junior Accounting Specialist (Cashier) Band 3A

Senior Accountant

Chief Accountant - Financial Management

Top cities with open vacancies

Companies hiring now

Country / Region

Fuzu

HEAD OF FINANCE

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Job Summary

Responsibilities

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Accounting, finance, banking, insurance Jobs in Africa

Top jobs

HEAD OF FINANCE

Accountant

Internal Auditor

Chief Financial Officer

INTERNAL AUDIT ASSISTANT

Deputy Credit Controller

Graduate Trainee Program - Finance

Junior Accounting Specialist (Cashier) Band 3A

Senior Accountant

Chief Accountant - Financial Management

Top cities with open vacancies

Companies hiring now

Country / Region

Fuzu

HEAD OF FINANCE

Job Requirements

Job Summary

Responsibilities

Tags

Check out the following blog posts to support your job search