finance head

Responsibilites:

• Develop and implement financial strategies, policies, and plans aligned with the organization's goals, objectives, and vision.
• Provide leadership and direction to the finance team, including financial managers and accountants, to achieve departmental and organizational objectives.
• Oversee all financial operations, including budgeting, financial reporting, cash flow management, and risk management.
• Manage the annual budgeting process, working closely with department heads and senior management to develop and review budgets and financial plans.
• Monitor financial performance against budget, forecast, and key performance indicators (KPIs), analyzing variances and trends and providing insights and recommendations to improve financial results.
• Ensure timely and accurate preparation of financial statements, reports, and disclosures in accordance with accounting principles, regulatory requirements, and internal policies.
• Coordinate and liaise with external auditors, tax authorities, and regulatory agencies to ensure compliance with financial reporting and tax obligations.
• Develop and maintain effective internal controls, policies, and procedures to safeguard assets, mitigate risks, and ensure integrity and accuracy in financial reporting and operations.
• Assess and manage financial risks, including currency exchange risk, interest rate risk, credit risk, and market risk, and implement strategies to mitigate and manage these risks effectively.
• Lead financial analysis and modeling initiatives to support strategic decision-making, investment evaluation, and business planning processes.
• Evaluate and optimize capital structure, financing options, and investment opportunities to maximize shareholder value and support growth initiatives.
• Provide financial insights and guidance to senior management and the board of directors, presenting financial performance, forecasts, and recommendations at meetings and presentations.
• Lead mergers and acquisitions (M&A) activities, including due diligence, valuation, negotiation, and integration efforts, to support strategic growth and expansion initiatives.
• Stay updated on industry trends, market developments, and regulatory changes affecting the organization's financial operations and performance.
• Foster a culture of accountability, transparency, and continuous improvement within the finance department, promoting teamwork, professional development, and excellence in performance.

Requirements:

• Bachelor's degree in accounting, finance, economics, or a related field; master's degree in business administration (MBA) or finance is preferred.
• Professional certification, such as Certified Public Accountant (CPA) is highly desirable.
• Proven experience in finance leadership roles, with a track record of success in financial management, strategic planning, and business performance improvement.
• Deep knowledge of financial principles, accounting standards, taxation, and regulatory requirements applicable to the organization's industry and geographic locations.
• Strong analytical and problem-solving skills, with the ability to analyze complex financial data, identify trends and insights, and develop actionable recommendations.
• Excellent communication and interpersonal skills, with the ability to articulate financial concepts and insights to non-financial stakeholders effectively.
• Leadership qualities, including vision, integrity, strategic thinking, and the ability to inspire and motivate teams to achieve excellence.
• Experience in managing cross-functional teams and collaborating with stakeholders at all levels of the organization, including senior executives and board members.
• Experience in Power Plant is an advantage.