Accounting Matters>
- Overseeing the preparation of financial reports, such as balance sheets and income statements
- Managing cash flow and forecasting, ensuring the company's financial stability
- Supervising the accounting staff and ensuring accuracy in financial transactions and record-keeping
- Assisting with the development of budgets and financial plans
- Ensuring compliance with regulatory requirements and financial laws
- Participating in financial audits and implementing audit recommendations
<Strategic Matters>
- Developing financial strategies and plans to support the company's growth objectives
- Identifying and managing financial risks and opportunities
- Building relationships with banks, investors, and other financial institutions
- Leading the finance team and developing internal control policies and procedures
- Advising on investment activities and providing strategies that the company should take
- Contributing to strategic decision-making as part of the executive leadership team
Required Competencies
The following competencies are required:
<Strategic and Tactical way competencies>
- Assess key business factors and drive value through strategic planning, development, and execution
- Evaluate alternative decisions using analytical techniques and make recommendations
- Identify cost drivers and perform cost modeling to enhance organizational decision-making
- Analyze long-term investment alternatives using quantitative and qualitative techniques and make recommendations
- Identify, assess, and manage risks within an organization
- Project financial and operational resources needed to develop a financial plan in line with the organization’s strategic goals
- Manage a company’s short-term and long-term financing needs
- Design performance management systems, evaluate the success of strategic and tactical initiatives and recommend corrective actions where appropriate.