Job Description
Duties and Responsibilities
Financial Planning and Analysis
- Assist in developing and implementing financial strategies, plans, and budgets aligned with the company's goals and objectives.
- Conduct financial analysis and modeling to support business planning and decision-making processes.
- Prepare and present financial forecasts, variance analyses, and performance reports to senior management.
Budgeting and Forecasting
- Support the annual budgeting process, working closely with department heads to develop accurate and realistic budgets.
- Monitor and analyze budget performance, identifying variances and recommending corrective actions.
- Update financial forecasts on a regular basis to reflect changes in business conditions and strategic initiatives.
Financial Reporting
- Ensure the timely and accurate preparation of monthly, quarterly, and annual financial statements in accordance with accounting standards and regulatory requirements.
- Assist in the consolidation of financial reports for different business units and subsidiaries.
- Coordinate with external auditors for the annual audit process and address any audit findings.
Cash Flow Management
- Monitor and manage the company's cash flow to ensure adequate liquidity for operational needs and investment opportunities.
- Develop and implement cash management policies and procedures to optimize cash utilization.
- Prepare cash flow forecasts and manage working capital requirements.
Risk Management and Compliance
- Identify and mitigate financial risks, including currency, interest rate, and credit risks.
- Ensure compliance with financial regulations, accounting standards, and internal controls.
- Assist in developing and maintaining effective internal control systems to safeguard company assets and ensure the accuracy of financial records.
Team Support and Development
- Support the finance team in achieving their goals and provide guidance as needed.
- Assist in setting performance goals and providing regular feedback and evaluations for team members.
- Promote professional growth and development opportunities within the team.
Strategic Support
- Provide financial insights and recommendations to support strategic initiatives and business growth.
- Participate in strategic planning sessions and contribute to the development of long-term business plans.
- Collaborate with other departments to ensure alignment of financial goals with overall business objectives.
Education:
Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or MBA is preferred.
Licensure and/or Certification Required:
Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is highly desirable.
Experience:
- Minimum of 5 years of experience in finance or accounting, with at least 2 years in a supervisory or assistant managerial role.
- Strong knowledge of financial principles, practices, and regulations.
Behavioral Competencies:
- Excellent analytical, problem-solving, and decision-making skills.
- Proficiency in financial software and Microsoft Office Suite.
- Exceptional communication and interpersonal skills.
Key Competencies:
- Financial Acumen
- Analytical and Critical Thinking
- Attention to Detail
- Leadership and Team Support
- Communication and Presentation Skills
- Risk Management
- Strategic Thinking and Planning
