Head Finance - Financial Business

A Head of Finance is a senior leadership role responsible for overseeing all financial activities of an organization. This position requires a blend of strategic thinking, technical accounting expertise, and strong leadership skills.

Key Responsibilities:

Financial Planning & Analysis (FP&A): Developing and managing the organization’s budget, forecasting financial performance, analyzing variances, and providing insights to senior management to inform strategic decision-making. This involves building complex financial models, conducting sensitivity analyses, and identifying areas for cost optimization and revenue growth.
Accounting & Reporting: Ensuring the accuracy and integrity of the organization’s financial records. This includes overseeing the general ledger, managing accounts payable and receivable, preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS), and coordinating audits.
Treasury Management: Managing the organization’s cash flow, investments, and debt. This involves optimizing cash balances, negotiating financing arrangements, mitigating financial risks, and ensuring compliance with relevant regulations.
Tax Compliance: Overseeing the organization’s tax planning and compliance activities. This includes ensuring timely and accurate filing of tax returns, managing tax audits, and identifying opportunities to minimize tax liabilities.
Risk Management: Identifying and mitigating financial risks facing the organization. This involves developing and implementing internal controls, monitoring key financial metrics, and ensuring compliance with regulatory requirements.
Team Leadership: Leading and developing the finance team. This includes hiring, training, and mentoring staff, setting performance goals, and fostering a culture of collaboration and continuous improvement.
Strategic Partnership: Serving as a strategic advisor to the CEO and other senior leaders on financial matters. This involves providing financial insights to support strategic decision-making, evaluating potential mergers and acquisitions, and advising on capital allocation.
Investor Relations (potentially): Depending on the organization’s structure, the Head of Finance may also be involved in investor relations activities, communicating financial performance and outlook to investors and analysts.

Skills and Qualifications:

Bachelor’s degree in Accounting, Finance, or a related field; MBA or other advanced degree preferred.
Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is highly desirable.
Significant experience in a senior financial leadership role, preferably in a similar industry.
Deep understanding of accounting principles, financial reporting, and tax regulations.
Strong analytical and problem-solving skills.
Excellent communication, interpersonal, and leadership skills.
Proficiency in financial modeling and analysis tools.
Experience with enterprise resource planning (ERP) systems.

The Head of Finance is a critical role in any organization, responsible for ensuring financial stability, driving profitable growth, and providing strategic financial guidance to senior leadership. The individual in this position plays a key role in shaping the organization’s future success.