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Title

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Head of Finance Department

Description

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We are looking for a highly skilled and experienced Head of Finance Department to lead our finance team and oversee all financial operations within the organization. The ideal candidate will be responsible for developing financial strategies, managing budgets, ensuring compliance with financial regulations, and providing insightful financial analysis to support decision-making at the executive level. This role requires strong leadership capabilities, excellent analytical skills, and a deep understanding of financial management principles. The Head of Finance Department will collaborate closely with other departments to align financial goals with overall business objectives, drive financial performance, and mitigate risks. Responsibilities include managing financial reporting, supervising accounting activities, overseeing audits, and maintaining relationships with financial institutions and stakeholders. The successful candidate will have a proven track record in financial leadership, exceptional communication skills, and the ability to adapt to a dynamic business environment.

Responsibilities

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  • Develop and implement financial strategies aligned with company goals.
  • Manage budgeting, forecasting, and financial planning processes.
  • Oversee financial reporting and ensure accuracy and compliance.
  • Supervise accounting and finance staff, providing guidance and support.
  • Coordinate audits and liaise with external auditors.
  • Monitor cash flow and manage financial risks.
  • Ensure compliance with financial regulations and standards.
  • Provide financial analysis and insights to support executive decisions.
  • Manage relationships with banks, investors, and other stakeholders.
  • Lead continuous improvement initiatives within the finance department.

Requirements

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  • Bachelor's degree in Finance, Accounting, or related field; MBA preferred.
  • Proven experience in a senior financial management role.
  • Strong knowledge of financial regulations and accounting standards.
  • Excellent leadership and team management skills.
  • Proficiency in financial software and ERP systems.
  • Exceptional analytical and problem-solving abilities.
  • Strong communication and interpersonal skills.
  • Ability to work under pressure and meet tight deadlines.
  • High level of integrity and ethical standards.
  • Experience with financial risk management and compliance.

Potential interview questions

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  • What financial management systems are you proficient in?
  • Can you describe your experience with budgeting and forecasting?
  • How do you ensure compliance with financial regulations?
  • Describe a time you led a financial turnaround or improvement.
  • How do you manage and motivate your finance team?
  • What strategies do you use for risk management in finance?
  • How do you handle tight deadlines and pressure in financial reporting?
  • Explain your experience with audits and liaising with auditors.