Job Summary
Maintain the financial health of the organization, supporting strategic decision-making, ensuring compliance, and providing accurate and insightful financial information to drive business success.
Job Details
Leadership
Maintain financial stability
provide accurate and insightful financial information
contribute to the organization’s growth and success through strategic financial management.
Core/Technical
Financial Reporting and Analysis:
Prepare and present accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
Analyse financial data to provide insights into the company’s financial performance, trends, and areas for improvement.
Monitor key financial metrics and KPIs to ensure the company’s financial goals are met.
Budgeting and Forecasting:
Develop and manage the company’s budgeting process, collaborating with various departments to create realistic financial plans.
Create financial forecasts that help guide strategic decision-making and anticipate future financial needs.
Cash Management:
Manage the company’s cash flow, ensuring that there’s enough liquidity to cover operational expenses and financial obligations.
Implement cash management strategies to optimize working capital and minimize the risk of cash shortages.
Risk Management:
Identify financial risks and implement strategies to mitigate them, such as interest rate risks, foreign exchange risks, and credit risks.
Maintain an understanding of industry regulations and compliance requirements to ensure the company’s financial activities remain compliant.
Financial Strategy and Planning:
Collaborate with senior management to develop financial strategies that align with the company’s goals and objectives.
Provide insights and recommendations on investment opportunities, mergers and acquisitions, and other strategic financial decisions.
Cost Control and Expense Management:
Analyse costs and expenses across the organization and identify areas for cost reduction or optimization.
Implement cost control measures to ensure efficient resource allocation.
Financial Systems and Technology:
Oversee financial software systems and tools, ensuring accurate data entry, maintenance, and reporting.
Identify opportunities to leverage technology for process automation and increased efficiency.
Internal Controls and Auditing:
Establish and maintain strong internal controls to safeguard company assets and ensure accurate financial reporting.
Coordinate with internal and external auditors to facilitate audits and ensure compliance with financial regulations.
Capital Management:
Manage the company’s capital structure, including debt and equity financing, to optimize the balance between risk and return.
Evaluate investment opportunities and recommend capital allocation strategies.
Financial Decision Support:
Provide financial insights and analysis to support various departments in making informed business decisions.
Participate in cross-functional teams to assess the financial impact of different projects and initiatives.
Requirements
B.A/B.Sc. Finance and Accounting
M.Sc. is an added advantage
Minimum of 15 years in similar role within similar industry.
ACCA, ICAN & other relevant accounting certificate
Apply via :
oilservcareers.seamlesshiring.com
