Purpose of Job:
A Finance Manager holds a critical leadership role in any organization, responsible for overseeing its financial operations and strategy. The key duties and responsibilities of a Finance Manager typically include:
- Financial Planning and Strategy:
- Develop and implement financial strategies and plans.
- Forecast financial results and prepare budgets.
- Identify and manage financial risks.
- Financial Reporting and Analysis:
- Oversee the preparation of financial statements and reports.
- Ensure compliance with accounting standards and regulatory requirements.
- Analyze financial data to guide executive decisions.
- Budget Management:
- Manage the organization's budgeting process.
- Monitor and control expenditures to ensure alignment with budgets.
- Implement cost-saving initiatives.
- Investment Management:
- Oversee investment activities and manage the organization's investment portfolio.
- Evaluate and recommend investment opportunities.
- Treasury and Cash Flow Management:
- Manage the organization's cash flow and ensure adequate liquidity.
- Optimize the organization's capital structure.
- Risk Management:
- Identify financial risks and develop mitigation strategies.
- Implement internal controls to safeguard assets and ensure financial integrity.
- Strategic Leadership:
- Provide financial insights and guidance to the CEO and the board of directors.
- Participate in strategic planning and decision-making processes.
- Align financial goals with the organization's overall strategy.
- Compliance and Governance:
- Ensure adherence to financial laws and regulations.
- Oversee internal audits and implement corrective actions when necessary.
- Maintain transparent financial practices and reporting.
- Team Leadership and Development:
- Lead and mentor the finance team.
- Develop and implement training programs to enhance the skills of financial staff.
- Foster a culture of continuous improvement and professional development.
- Stakeholder Relations:
- Manage relationships with investors, banks, and other financial institutions.
- Communicate financial performance and strategies to stakeholders.
- Handle mergers, acquisitions, and other corporate transactions.
Qualifications
- Minimum 8-10 years experience on similar role.
- Chartered Accountant.
- Basic Knowledge and experience of Maritime Operation & Management.
- Basic Knowledge and experience of Real Estate Activities.
- Can advise and handle Personnel Investment Portfolio
- Hands-on experience with ERP software.
- Experience of handling Group Companies
- Advanced MS Excel skills with aptitude for numbers and quantitative skills.
- Extremely organized with strong multi-tasking and management skills.
- Follow policies, procedures and work instructions.
