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Purpose of the Job: 

The Head of Finance contributes to the overall success of the organization by effectively managing all financial tasks for the organization.

Key Responsibilities & Duties: (Minimum 4 and maximum 8) 

  • Drive the financial planning of the company by analyzing its performance and risks
  • Retain constant awareness of the company’s financial position and act to prevent problems
  • Analyze the financial climate and market trends to assist  in creating strategic plans for the future
  • Negotiate with Bank for lines of credit or other financial services as required and appropriate
  • Ensure that all of the company's financial practices are in line in statutory regulations and legislation
  • Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the Executive
    Director and Treasurer and/or Finance Committee

  • Advise the organization's leadership on appropriate insurance coverage for the organization and the Board of Directors
  • Evaluate the need for new technology to meet the organization's financial data processing, control, and reporting requirements
  • Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally
    accepted accounting principles (GAAP)

Key Relationships

  • Internal 
    • All departments of FFL
  • External
    • Vendors, Tax firms, Ministry of commerce, Financial forums, regulaory authorities

Key Experiences 

  • 10 -15 years of relevant experience in FMCG Sector .
  • Masters Degree in Finance, Accounting or Business with strong Accounting experience
  • Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
  • Knowledge of automated financial and accounting reporting systems.
  • Small and large project/program orientation

 Knowledge 

  • In-depth knowledge of corporate finance and accounting principles,  laws and best practices
  • Solid knowledge of financial analysis and forecasting

Leadership Framework 

  • Foster Competetive Intensity
  • Inspire the Organization
  • Develop & Exceute Strategy
  • Create an Inclusive Culture
  • Embrace & Lead the Change

 Competencies (Other than the FFL values and Leadership framework)

  • Strong Commitment to inclusion and change development issues.
  • Commitment to and understanding of team work and collaboration working.

  • High grip on financial matters
  • Strong Leadership Skills.
  • A good Finance head should be able to communicate well on all levels.

  • A good Finance head needs to be able to assess risks and take precautions before there is a negative impact on the company.

 





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