Chief Financial Officer

 Job Summary:

The CFO is responsible for directing the fiscal functions of the corporation in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, the Securities and Exchange Commission, and other regulatory and advisory organizations and in accordance with financial management techniques and practices appropriate within the industry.

Responsibilities: 

•   Responsible for the direct supervision of the controller and the indirect supervision of all employees in the accounting and finance department. 

•   Plans, develops, organizes, implements, directs and evaluates the organization's fiscal function and performance. 

•   Participates in the development of the corporation's plans and programs as a strategic partner. 

•   Spearheads the public listing initiative 

•   Evaluates and advises on the impact of long range planning, introduction of new programs/strategies and regulatory action. 

•   Develops credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO/Chairman, the Board and other senior executives in performing their responsibilities.

•   Manages the entire public listing process and facilitates all negotiations with underwriting and audit firms to negotiates the best corporate listing price 

•   Develops and implements corporate governance in alignment with the requirement of the Stock Market Authority.

•   Assesses strategic and financial merits and risks of potential and currently operational projects.

•   Manages external stakeholders

•   Manages investor communications

•   Partners with non-financial areas of the business on growth initiatives and internal expansion

•   Provides executive management with real-time financial data and analysis

•   Presents the CEO and Board with the organizations’ financial position relating to the period which has been over, and the period which has to come, that is the financial position attained and the financial projection( i.e. where the organization will be.)

•   Enhances and/or develops implements and enforces policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation. (I.e. Delegation of Authorities Matrix, Financial Policies and Procedures Manual)

•   Establishes credibility throughout the organization and with the Board as an effective developer of solutions to business challenges. 

•   Provides technical financial advice and knowledge to others within the financial discipline. 

•   Continually improves the budgeting process through education of department managers on financial issues impacting department budgets. 

•   Provides strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments. 

•   Optimizes the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position. 

•   Develops a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs. 

•   Is an advisor, from the financial perspective, on any contracts into which the corporation may enter. 

•   Evaluates the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals