Financial Planning and Analysis:

• Develop and implement financial strategies, budgets, and forecasts.

• Analyze financial data to identify trends, variances, and opportunities for improvement.

• Provide financial insights and recommendations to senior management for strategic decision-making.

Budget Management:

• Prepare, monitor, and manage the organization’s budget.

• Ensure that spending aligns with the budget and identify areas for cost control.

• Report on budget performance and address variances.

Financial Reporting:

• Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

• Ensure compliance with accounting standards and regulations.

• Coordinate and manage the financial audit process.

Cash Flow Management:

• Monitor and manage the organization’s cash flow to ensure liquidity.

• Forecast future cash flow positions based on projected revenues and expenses.

• Implement strategies to optimize cash flow.

Cost Control and Efficiency:

• Identify cost-saving opportunities and implement measures to reduce expenses.

• Evaluate financial processes and systems to enhance efficiency and effectiveness.

• Conduct cost-benefit analyses for projects and investments.

Risk Management:

• Assess financial risks and develop strategies to mitigate them.

• Ensure the organization has appropriate insurance coverage and risk management policies.

• Implement internal controls to safeguard assets and ensure financial accuracy.

• Compliance and Regulatory Reporting:Ensure compliance with financial laws, regulations, and reporting requirements.

• Stay updated on changes in financial legislation and implement necessary changes.

• Liaise with regulatory bodies and ensure timely submission of reports.

Investment Management:

• Oversee the organization’s investment portfolio and develop strategies to maximize returns.

• Conduct investment analysis and provide recommendations.

• Manage relationships with banks, financial institutions, and investors.

Team Leadership and Development:

• Lead and mentor the finance team, fostering a culture of high performance and continuous improvement.

• Provide training and development opportunities for team members.

• Conduct performance evaluations and provide feedback.

Stakeholder Communication:

• Communicate financial information to internal and external stakeholders clearly and effectively.

• Work with other departments to provide financial support and guidance.

• Prepare and present financial reports to the board of directors and other key stakeholders.

Strategic Support:

• Support strategic planning initiatives by providing financial insights and analysis.

• Participate in business development activities and assess the financial viability of new projects.

• Collaborate with senior management to develop long-term financial goals and plans.