Chief Financial Officer
- Recruiter
- Confidential Company
- Location
- Beirut, Lebanon
- Salary
- Competitive salary
- Posted
- 30 Sep 2020
- Closes
- 23 Nov 2020
- Ref
- 4242920
- Job role
- CFO
- Sector
- Accounting - Public practice
Financial Planning and Analysis
• Works with the CEO and other executives to coordinate planning and establish priorities for the planning processand develops operating budgets relevant to the department and other areas of operations.
• Analyzes operations to identify areas in need of improvement and provide suggestions /advice to CEO or BoD
• Assists with the development of the Company’s business plan for future years and overviews its implementation
Financial Systems and Reporting
• Oversees preparation of monthly, quarterly, annual, and other financial reports including income statements, balance sheets, shareholder reports, tax returns, and other statements as requested
• Deals with tax enquirers and processes
• Provides support and assistance to internal and external audits of the Company's processes
• Ensures that statutory filings are accurate and timely
• Directs the maintenance and upgrade of the Company's financial and accounting records
• Coordinates timely and accurate reporting requirements of the Group
• Assists with Actuarial reserving processes
• Overviews the application of new IFRS’s as they become effective
• Reports to HQ on a monthly /quarterly basis on the KPIs of the Company as set up in its Business Plan.
Strategy and Business
• Executes established operational goals and coordinates their implementation
• Provides leadership through effective goal setting, delegation, and communication.
• Conducts regular staff meetings to ensure that personnel are well informed of changes in programs, policies, and procedures
Controlling and Compliance
• Establishes and maintains internal accounting controls and oversees preparation and submission of statutory filings
• Participates in developing policies and procedures and ensures that they support and complement Company-wide strategic goals
• Conducts periodic reviews of existing policies to ensure effectiveness; ensures that policies are updated and are in accordance with evolving regulations, legal requirements, and industry trends
• Make sure reports to the Board are provided on a timely basis, accurate and relevant
Profitability and Cashflow
• Studies long-range economic trends and projects their impact on future growth in sales and market share.
• Identifies areas which are loss making
Funding
• Oversees investment of funds and works with investment and financing advisors to raise additional working capital required for expansion.
Collection
• Make sure debtors’ collections are in line with the approved Company’s policy as well as approved business plan.
Risk Management
• Oversees and reviews the department exposures and takes measures to mitigate them.
• Provide advice to CEO for mitigating financial risks in any possible transaction.
• Manage Foreign exchange exposure
Supervisory responsibilities
• Oversees Accounting department, budget preparation, and audit functions.
• Works with other department heads to monitor each department and make recommendations.
• Works with the CEO and other executives to coordinate planning and establish priorities for the planning processand develops operating budgets relevant to the department and other areas of operations.
• Analyzes operations to identify areas in need of improvement and provide suggestions /advice to CEO or BoD
• Assists with the development of the Company’s business plan for future years and overviews its implementation
Financial Systems and Reporting
• Oversees preparation of monthly, quarterly, annual, and other financial reports including income statements, balance sheets, shareholder reports, tax returns, and other statements as requested
• Deals with tax enquirers and processes
• Provides support and assistance to internal and external audits of the Company's processes
• Ensures that statutory filings are accurate and timely
• Directs the maintenance and upgrade of the Company's financial and accounting records
• Coordinates timely and accurate reporting requirements of the Group
• Assists with Actuarial reserving processes
• Overviews the application of new IFRS’s as they become effective
• Reports to HQ on a monthly /quarterly basis on the KPIs of the Company as set up in its Business Plan.
Strategy and Business
• Executes established operational goals and coordinates their implementation
• Provides leadership through effective goal setting, delegation, and communication.
• Conducts regular staff meetings to ensure that personnel are well informed of changes in programs, policies, and procedures
Controlling and Compliance
• Establishes and maintains internal accounting controls and oversees preparation and submission of statutory filings
• Participates in developing policies and procedures and ensures that they support and complement Company-wide strategic goals
• Conducts periodic reviews of existing policies to ensure effectiveness; ensures that policies are updated and are in accordance with evolving regulations, legal requirements, and industry trends
• Make sure reports to the Board are provided on a timely basis, accurate and relevant
Profitability and Cashflow
• Studies long-range economic trends and projects their impact on future growth in sales and market share.
• Identifies areas which are loss making
Funding
• Oversees investment of funds and works with investment and financing advisors to raise additional working capital required for expansion.
Collection
• Make sure debtors’ collections are in line with the approved Company’s policy as well as approved business plan.
Risk Management
• Oversees and reviews the department exposures and takes measures to mitigate them.
• Provide advice to CEO for mitigating financial risks in any possible transaction.
• Manage Foreign exchange exposure
Supervisory responsibilities
• Oversees Accounting department, budget preparation, and audit functions.
• Works with other department heads to monitor each department and make recommendations.