Retail Finance Director
2 days ago
Company Overview
The head of a finance department plays a crucial leadership role in overseeing and managing the financial activities within an organization. Their main functions include:
- Strategic Financial Planning: They develop and execute the company's financial strategy, ensuring that it aligns with overall business goals and objectives.
- Budgeting and Forecasting: They create and manage budgets, monitor financial performance, and forecast future financial trends to guide decision-making.
- Financial Reporting: They ensure accurate and timely financial reporting, including balance sheets, profit and loss statements, and other financial statements to senior management and stakeholders.
- Cash Flow Management: They monitor and manage the company's cash flow, ensuring that there is enough liquidity to meet operational needs and growth opportunities.
- Risk Management: They identify financial risks and work to mitigate them through strategies such as hedging or insurance.
- Compliance and Controls: They ensure that financial practices comply with regulations and industry standards, while implementing internal controls to prevent fraud and errors.
- Team Leadership and Development: They manage and develop the finance team, ensuring that they have the necessary skills and resources to perform effectively.
- Stakeholder Communication: They communicate financial information to stakeholders, including investors, regulators, and senior management, providing insights and recommendations for business decisions.
Requirements
- Financial Management or related course
- Must have at least five years (5) managerial work experience from retail companies and related industries.
- Technology savvy, must be proficient in using financial software.
- With above-average oral and written communication skills
- Numerate, must be analytical and with good problem-solving skills
- Can think logically and pay keen attention to details
- Must be a team player with good interpersonal skills
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