Finance Director Job Description

The Finance Director (FD) is a crucial leadership role responsible for overseeing all financial activities of an organization. This individual is a strategic partner to the executive team, providing financial insights and guidance to drive business growth and ensure long-term financial health.

Key Responsibilities:

• Financial Planning & Analysis: Developing and implementing financial strategies, budgets, forecasts, and long-range financial plans. Analyzing financial performance against key performance indicators (KPIs) and providing recommendations for improvement. Conducting variance analysis to identify trends and opportunities.
• Financial Reporting: Overseeing the preparation and accuracy of financial statements, including income statements, balance sheets, and cash flow statements. Ensuring compliance with generally accepted accounting principles (GAAP) and relevant regulations. Preparing reports for internal stakeholders, investors, and regulatory bodies.
• Accounting & Control: Managing the accounting function, including accounts payable, accounts receivable, general ledger, and payroll. Implementing and maintaining strong internal controls to safeguard company assets and prevent fraud. Ensuring compliance with tax laws and regulations.
• Treasury Management: Managing cash flow, investments, and debt financing. Developing and maintaining relationships with banks and other financial institutions. Forecasting cash needs and optimizing working capital.
• Risk Management: Identifying and mitigating financial risks, including credit risk, market risk, and operational risk. Developing and implementing risk management policies and procedures.
• Team Leadership: Leading and developing a team of finance professionals. Providing mentorship, training, and performance feedback. Fostering a positive and collaborative work environment.
• Strategic Leadership: Providing financial insights and recommendations to the executive team to support strategic decision-making. Participating in mergers and acquisitions (M&A) activities, including due diligence and integration. Evaluating potential investments and business opportunities.
• Compliance: Ensuring compliance with all applicable laws, regulations, and accounting standards. Managing audits and working with external auditors.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field is required; Master’s degree preferred.
• Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is highly desirable.
• Minimum of 7-10 years of progressive experience in finance, with at least 3-5 years in a leadership role.
• Strong knowledge of GAAP, financial reporting, and internal controls.
• Proven ability to develop and implement financial strategies.
• Excellent analytical, problem-solving, and communication skills.
• Proficiency in financial modeling and analysis tools.
• Experience with enterprise resource planning (ERP) systems.
• Ability to work independently and as part of a team.

The ideal candidate will possess strong leadership skills, a strategic mindset, and a proven track record of success in managing financial operations. They will be a highly motivated and results-oriented individual with a passion for driving financial excellence.