Chief Financial Officer at Elvaridah

Job Summary

• As the Chief Financial Officer, you are responsible for directing and overseeing the financial actions of the company, this includes; tracking cash flow and financial planning, analyzing the company’s financial strengths and weaknesses, preparing financial reports and performing effective risk management.
• Your ability in Finance Management will contribute to the Company’s growth.

Key Responsibilities
Financial Strategy Development

• Formulate and execute the company’s financial strategy aligning with the overall company’s objectives
• Assess the financial implications of business decisions and provide strategic financial guidance.
• Identify opportunities for revenue growth, capital efficiency.

Budgeting and Forecasting:

• Oversee the creation of budgets, financial models, and forecasts for informed decision making
• Ensure alignment of budgetary goals with the overall financial strategy.
• Analyze trends, market conditions, and internal factors to make accurate predictions
• Regularly assess actual financial performance against budgeted and forecasted figures.

Risk Management:

• Identify and mitigate financial risks, ensuring resilience against market fluctuations and regulatory changes
• Establish risk management policies and procedures to guide the organization
• Develop contingency plans to respond effectively to identified risks.

Financial Reporting:

• Ensure accurate and timely financial reporting, adhering to accounting standards and regulations
• Clearly communicate financial performance, risks and opportunity.
• Ensure the accuracy and integrity of financial data throughout the reporting process

Audit Oversight:

• Coordinate with internal and external auditors to ensure accurate financial records and compliance with auditing standards.
• Facilitate communication and information exchange throughout the audit process.
• Review Financial statements to ensure they accurately represent the financial position of the company

Treasury Functions:

• Oversee treasury operations, managing investments, debt, and foreign exchange exposure.
• Implement hedging strategies to mitigate the impact of exchange rate fluctuations
• Implement treasury management systems for efficient cash and risk management.

Cash Flow Management:

• Manage cash flow, working capital, and financial obligations to ensure liquidity
• Develop and maintain accurate cash flow forecasts to anticipate future financial needs.
• Implement strategies to optimize working capital, including managing receivables, payables and inventories.

Capital Structure Management:

• Evaluate and optimize the company’s capital structure to support business goals.
• Evaluate the cost of capital and its impact on the overall financial health.
• Evaluate the financial risks associated with the current capital structure.
• 9. Financial planning and analysis
• Conduct in-depth analysis of financial data and market trends to provide strategic insight.
• Translate strategic goals into financial plans and initiatives.

Requirements

• Professional Accounting qualifications with a recognized body and at least 6 years post qualifying experience
• Proficiency in financial fore-casting and budgeting.
• Familiarity in implementing risk management strategies.
• Proven ability to evaluate and optimize the company’s capital structure.
• Experience in debt management, equity financing, and cost of capital analysis.
• In-depth knowledge of financial reporting
• Strong Leadership and Management skills
• Strategic mindset with the ability to align financial initiatives with broader business strategies.
• Excellent communication and interpersonal skills
• Proficiency in using financial software and analytical tools.