Chief Financial Officer

İşin təsviri

Accounting and reporting:

• Manages and ensures the generation of financial statements according to local accounting standards.
• Manages and ensures the generation of financial statements according to GAAP or IFRS.
• Manages and ensures the timely reporting to relevant local authorities (central bank, tax office, others).
• Manages and ensures the timely reporting to FINCA.
• Manages and ensures the timely reporting and proactive communications to creditors and donors.

Financial analyses:

• Creates/develops appropriate reports: financial ratios; liquidity report; currency gap report; various credit reports; breakdown by branches/regions; breakdown by products; plan-fact comparison; historic development; others as required/appropriate.
• Analyzes financial data and develop financial analysis as a key management tool with the aim of optimizing the organization's activities: identify risks, inefficiencies, negative tendencies, and propose measures that reduce risks, improving efficiency, reverse negative tendencies.

Creating/modifying regulations, procedures for finance activities:

• Creates/modifies procedures such that they are low-risk and efficient.
• Analyzes existing procedures for adequacy and making changes, if necessary.

Risk and Compliance:

• Ensures compliance of the organization's finance activities with the Charter/bylaws of the affiliate; FINCA and affiliate policies, procedures, plans and agreements; decisions of affiliate governing bodies as well as headquarter and regional office supervisor(s).
• Maintains good coordination with regional office, headquarters, and governing bodies.
• Ensures compliance of the organization with financial covenants in agreements with creditors and donors.
• Supports and reinforces an effective RCSA (risk control self-assessment) program for all key business processes related to the employee's work area, including adopting control improvements when needed and actively contributing to meet all RCSA corrective action plan commitments.

Treasury and liquidity management:

• Creates cash flow forecasts and drives execution across the organization.
• Ensures availability of sufficient resources for lending in the required currency.
• Ensures investment policy follows ALCO guidelines (Asset Liability Committee) and FINCA policy.
• Responsible for ensuring all financial conditions are met as required by creditors, banks, donors for all transactions.

Planning, budgeting (together with the Management Team):

• Responsible for the financial planning and budgeting process of the organization according to guidelines set by BOD and FINCA.
• Participates in completion of business plans for expansion into new regions.

Coordination of external audit:

• Responsible for coordinating and executing timely the external audit of the organization for local statutory purposes as well as for global FINCA consolidation purposes.

Coordination with IT:

• Uses possibilities of IT most efficiently.
• Proposes modifications to IT programs/procedures that increase efficiency and/or lower risk.
• In case of changes to the IT structure/software that affect finance activities, participates in a/the leading role in the investigation, decision making and implementation process of the new/modified structure/software.

Participation in general management of FINCA xxx:

• As a member of the Management Team/Board, participates in the organization's general management as defined by the Charter and the Regulation on Management Team/Board (if existing).
• Is informed about all important activities and developments at the organization.
• Keeps all Management Team/Board members informed about relevant issues/developments in the organization's finance activities and department.
• Presents relevant finance issues to the Management Team/Board for information, discussion, decision making.
• Participates/votes in decision-making on relevant 'finance' and 'non-finance' issues.

Overseeing the procurement process:

• Ensures maintenance of a comprehensive fixed asset register.
• Ensures purchase and maintenance of all fixed assets is carried out in compliance with donor and FINCA policies.
• Identifies fixed asset needs, sources them through the prescribed procedures, and develops a recommendation for approval as per the purchase policy.
• Carries out the logistics for the physical purchase of the item, after written approval, and ensures that taxes are not paid where legal exemptions are in place.

Insurance policies:

• Ensures that fixed assets, liquid assets, personnel and other activities are insured in accordance with policy.
• Reviews all insurance policies annually and ensures proper purchasing procedures are followed in selecting policies.
• Ensures proper care and use of assets, and safe procedures are in place in all activities as the best insurance claims.
• Approves and submits all insurance against loss or damage.
• Oversees any life, accident, disability or portfolio insurance programmes (i.e.: excluding the health insurance programme) maintained by the organization for the benefit of its clients.

People and Leadership:

• Provides leadership, management and strategic direction for the organization's employees.
• Cultivates a high-performance working environment, sense of belonging ('team spirit'), and affinity to FINCA's mission and brand values among the work force.
• Supervises and develops all finance staff.
• Anticipates staffing needs, participates in recruitment efforts for subordinated staff, attracts the right people in support of growth and outreach plans.
• Retains, motivates and maximizes productivity of staff through effective leadership, mentoring, transparent communication, performance management, and career planning.
• Sets and successfully communicates performance measurements and targets to staff in a way that drives business growth, provides positive motivation for staff, and aligns with FINCA's corporate strategy.

Job Requirements:

Qualifications:

• Degree in Accounting with CPA/ACCA or Chartered Accountancy Equivalent is required;
• Master's Degree in related field is preferred.

Experience:

• At least 10 years of experience is required;
• Exposure working in the region is an asset, international experiences is an asset;
• Extensive experience in best practice financial management of a company, desirably a financial institution;
• Experience working for the 'big 4' audit firms is an asset;
• The individual requires highest standards of attention to details, strong analytical skills and knowledge of accounting, financial and taxation standards and appropriate software.

Knowledge and Skills:

• Strong knowledge of Financial Management principles;
• Strong command of accounting software;
• Risk Management;
• Knowledge of commercial orientation / business acumen;
• Tax Planning;
• Managing performance of team;
• Planning and organizing skills;
• Decision-making skills;
• Negotiation, influencing and presentation skills;
• Excellent analytical and reporting skills;
• Strong communication skills;
• Strong command of Microsoft suite;
• Detail-oriented

Language Skills:

• Fluency in English required;
• Knowledge of other local language can be required in specific subsidiaries.

Travel requirements:

• Availability to travel 20-25% of the time.

Physical Demands:

• Ability to travel in economy class when traveling by air or rail.

İşəgötürənin reytinqi

FINCA Azerbaijan tərəfindən digər vakansiyalar

• Kredit Satışı üzrə Mütəxəssis (Naxçıvan filialı)
• Kredit Satışı üzrə Mütəxəssis (Cəlilabad)
• Kredit Satışı üzrə Mütəxəssis (Şəmkir)
• Kredit Satışı üzrə Mütəxəssis (Ağdaş filialı)
• Müştəri Xidmətləri Təmsilçisi (Əlaqə mərkəzi)