
Chief Financial Strategist
4 days ago
The Finance Director plays a pivotal role in overseeing the finance function, encompassing budgeting, financial reporting, compliance, procurement, and strategic financial planning.
Key Responsibilities- Leads the finance team, collaborating with other departments to ensure efficient allocation of financial resources.
- Ensures effectiveness and efficiency of policies and internal control processes.
- Manages the organization's financial position and monitors performance against approved plans.
- Implements programs and policies to safeguard and steward financial and physical resources.
- Ensures compliance with donor and government requirements.
- Oversees sourcing, purchasing, and negotiation of goods and services.
- Reviews and decides on significant organizational issues as part of the senior management team.
- Oversees investment of funds to maximize return at an acceptable risk level.
- Assesses and evaluates financial performance and provides analysis to the senior management team.
- Provides valuable financial insights to inform strategy and decision-making.
- Ensures implementation of internal and external audit recommendations.
- Establishes and implements financial standards, policies, and processes.
- Oversees tax functions and ensures compliance with regulatory requirements.
- Coordinates audits with regulatory agencies.
- Enhances and implements financial systems, policies, procedures, and tools.
- Interprets rules to ensure compliance.
- Develops operating budgets and ensures programmatic success through cost analysis and compliance.
- Reviews and ensures application of internal controls and financial procedures.
- Advises on project feasibility and reviews proposed projects.
- Oversees fiscal reporting activities, including internal and external reports.
- Monitors banking activities and maintains organizational accounts.
- Develops and implements procurement strategies to optimize cost savings and operational efficiency.
- Oversees the procurement process, including requisition, sourcing, purchasing, and delivery.
- Collaborates with stakeholders to understand procurement needs.
- Stays abreast of market trends and regulatory changes.
- Leads and mentors the procurement staff.
- Participates in the development, management, and monitoring of annual and long-term strategic business plans.
- Prepares the annual organizational operating plan in collaboration with the senior management team.
- Collaborates with relevant departments in monitoring the annual plan and provides recommendations for adjustments.
- Develops and manages an annual plan for the finance function.
- Provides critical financial analysis and updates to the senior management team.
- Regularly performs risk assessments and contributes to the organization's risk assessment.
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Chief Financial Strategist
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