OVERVIEW: Will work directly to the President with the goal of the preparation of financial plans, budgets, forecasts, and analysis to support strategic decision-making. Shall oversee the finance department, ensuring accurate financial reporting, and providing financial guidance to the management.
RESPONSIBILITIES:
1. Financial Reporting and Analysis:
* Prepare financial statements (income statement, balance sheet, cash flow statement)
* Analyze financial data to identify trends and risks
* Create financial reports and interpret financial information for management
2. Financial Planning and Budgeting:
* Prepare financial forecasts
* Conduct cost-benefit analysis to evaluate business decisions
3. Financial Compliance:
4. Ensure adherence to accounting standards and tax regulations
5. Manage internal controls to safeguard financial assets
6. Financial Operations:
* Manage accounts payable and receivable
* Maintain accurate accounting records
7. Strategic Financial Management:
*Develop strategies to improve profitability
8. Leadership and Management:
*Lead and motivate the finance team
*Manage relationships with external stakeholders (banks)