Group Chief Financial Officer (Group CFO)
Job Responsibilities
- Financial Planning:
- Plan and develops financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and directing staff;
- Develop organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects;
- Analyze organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion;
- Plan the financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans;
- Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place, business insurance plans and health care coverage analysis;
- Strategic Operations:
- Participate in key decisions as a member of the executive management team;
- Lead and organize finance strategies by contributing financial and accounting information, analysis;
- Lead the budget process and the development of the annual operating and capital budgets of the Group;
- Recommend strategic thinking and establish functional objectives in line with organizational goal;
- Monitor financial performance by measuring and analyzing results, initiate corrective actions and minimizing the impact of variances;
- Prepare timely and accurate analyses, summaries, and reports of financial data on the operating progress of the company;
- Create a reliable cash flow projection process and reporting structure that includes minimum cash threshold to meet operational needs;
- Maximize return on invested funds by identifying investment opportunities and maintain relationships with the investment community;
- Reports financial status by developing forecasts, reporting results, analyzing variances, and developing improvements;
- Accomplishes finance by completing related results as needed and improve efficiency related to billing, reporting, revenue recognition, payments, receivable, etc.;
- Risk Management:
- Understand and mitigate key elements of the company's financial risk profile;
- Construct and monitor reliable control systems and ensure that the company complies with all legal and regulatory requirements;
- Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits;
- Manage record keeping to meet the requirements of stake holders and concern regulatory authorities
- Report risk issues to the Management Committee as well as the Board of Directors;
- Management Reports & Analytics:
- Coordination of all fiscal reporting activities for the organization including organizational revenue/expense and reports to funding agencies, development and monitoring of organizational contract;
- Prepare and represent monthly, quarterly and yearly financial reports with all applicable Financial Accounting Standards, Internal Revenue Service and other relevant regulations;
- Research revenue opportunities and economic trends, analyze internal operations, identify areas of cost reduction and process enhancement;
- Analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives;
Apply For This JOB
Industry :
Functional Area :
Financial Accounting And Reporting
Location :
DHAKA , BANGLADESH
Salary :
Negotiable
Gender :
Any Gender
Work Type :
Full Time
Age :
45-50
Education :
Graduate
Years of Experience :
0-20
Apply By :
20 of Nov 2022
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