The Group CFO manages all accounting & financial processes of the group by planning, directing and conducting accounting activities within the Finance Department by performing the following duties, personally or through subordinates; Responsibility in overseeing all accounting functions, such as general ledgers, financial statements & cost control systems, ensuring that all reporting and bookkeeping is accurate and in compliance with financial regulations.
Oversee the preparation and communication of monthly, quarterly, and annual financial statements.
Ensure timeliness and accuracy of financial and management reporting data.
Oversee the preparation and timely filing of all statutory taxes.
Oversee the month-end closing process, constantly reviewing procedures while eliminating inefficiencies.
Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocations.
Regularly examine financial statements to ensure they are accurate and free of any errors Prepare and present month budget vs. actual reports for ownership entities.
Prepare and present monthly cash flow reports for each ownership entity.
Analyse accounting reports and make formal recommendations for improvements to reduce costs and increase profits.
Access & evaluate the financial performance of the organization with regards to goals, budgets and forecasts.
Provide insight and recommendations.
Review and ensure application of appropriate internal controls and financial procedures.
Assure conformity with professional accounting standards and best practices.
Serve as a key point of contact for external auditors; manage the preparation and support of all external audits.
Ensure the proper usage of all financial software.
Encourage the usage of financial software's to provide financial and operational information.
Make suggestions for automating processes and increasing efficiency.
Manage ad-hoc Projects related to financial software's, such as Change Requests and requirements for integration.
Stay abreast of industry changes and current tax/accounting laws.
Determine accounting and tax implication for all material business decisions.
Represent the Finance Department at Board Meeting and present Financial Reports to Board of Directors.
Implement new financial policies, procedures and processes as deemed appropriate.
Coordinate and strategize methods to attain team goals and initiatives within the finance department.
Mentor and develop the finance department team members; managing work allocation, systems training, performance evaluation and the building of an effect and efficient team dynamic.
Skills and Qualifications; Bachelor's Degree in Accounting & Finance plus either one of CPA, CMA, or ACCA Certified Public Accountant with 10 or more years related experience Skills in financial applications such as MS AX Dynamics, Oracle Financial Netsuite or equivalent Proficiency in Microsoft Office especially in MS Excel.
Language skills with ability to read, analyse and interpret relevant technical journals, financial reports and legal documents.
Ability to respond to common inquiries or complaints from customers, regulatory agencies, or co workers.
Ability to effectively present information to top management, and boards of directors.
Strong leadership skills & Detail Orientated