Job Summary
The Finance and Accounts Head is responsible for managing the company’s financial health, overseeing the preparation and analysis of financial reports, budgets, and forecasts. This role ensures compliance with financial regulations and contributes to strategic financial planning.
Key Responsibilities
- Financial Planning & Analysis:
- Lead the financial planning, budgeting, and forecasting processes.
- Analyse financial data and provide insights to senior management for decision-making.
- Monitor cash flow and advise on financial strategies to maintain liquidity.
- Accounting Operations:
- Oversee day-to-day accounting activities, including accounts payable, accounts receivable, and payroll.
- Ensure timely and accurate preparation of financial statements, balance sheets, and profit and loss statements.
- Ensure compliance with accounting standards, tax regulations, and internal policies.
- Reporting & Compliance:
- Ensure compliance with local and international financial regulations, tax laws, and corporate governance practices.
- Prepare financial reports for internal stakeholders (e.g., CEO, CFO, board members).
- Coordinate external audits and manage relationships with auditors and tax consultants.
- Risk Management & Internal Controls:
- Identify and mitigate financial risks, including credit, operational, and market risks.
- Establish and maintain robust internal controls and processes to safeguard company assets and ensure accurate financial reporting.
- Team Leadership & Management:
- Lead and manage the finance and accounting team.
- Provide guidance, training, and mentorship to team members to ensure professional growth and development.
- Set performance objectives, monitor team performance, and implement improvements as needed.
- Strategic Decision Support:
- Work closely with senior management to align financial strategy with business objectives.
- Provide insights and recommendations for investment opportunities, cost-saving initiatives, and financial growth strategies.
- Assist in merger and acquisition (M&A) activities, due diligence, and post-merger integration.
- Cash Flow Management:
- Manage liquidity and optimize the capital structure.
- Oversee short-term and long-term investment strategies.
Required Skills And Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s or CPA preferred).
- Minimum of 10-15 years of experience in financial management, with at least 7 – 9 years in a senior leadership role.
- Strong knowledge of accounting principles, financial regulations, and tax laws.
- Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks).
- Experience with financial modelling, budgeting, and forecasting.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
- Leadership and team management experience.
- Ability to work under pressure and meet deadlines.
Desirable Attributes
- Strategic thinker with the ability to align financial operations with business goals.
- Proactive and results-oriented.
- Strong ethical standards and a commitment to compliance and transparency.
Working Conditions
- Office-based, with occasional travel if required for audits or meetings.
Flexible working hours or hybrid model may be available depending on company policy.