Director Finance Lan
hace 3 días
CFO LAN is senior executive which acts as a finance business partner who work with the business to track financial performance and provide financial information, forecasting and analysis to help guide decision making and set strategy. Finance business partners both support and challenge the business to continually ensure that its strategies align with financial goals.
**Responsibilities**
Provide the business with insight and analysis to drive decisions. For example, might perform competitor rate benchmarks to support pricing decisions. Some of the ways to do this include:
- Financial Planning
- Performing risk management by analyzing the organization’s liabilities and investments
- Deciding on investment strategies by considering cash and liquidity risks
- Streamlining data analysis for the business, ultimately minimizing irrelevant data
- Communicating in an intuitive way to the business to clearly build a trusted and open relationship
- Demonstrating thought leadership by presenting alternative recommendations to existing approaches.
- Tracking cash flow, analyzing strengths/weaknesses in the company’s finances and overseeing all aspects of its financial success.
- Control and evaluate the organization’s fundraising plans and capital structure
- Ensure cash flow is appropriate for the organization’s operations
- Supervise all finance personnel (controllers, treasurers etc.)
- Manage vendor relationships
- Prepare reliable current and forecasting reports
- Set up and oversee the company’s finance IT system
- Ensure compliance with the law and company’s policies
- Manage team of financial controllers and financial analyst
**Requirements**:
- Proven experience as CFO, finance officer or relevant role
- In depth knowledge of corporate financial law and risk management practices
- Excellent knowledge of data analysis and forecasting methods
- Proficient in the use of MS Office and financial management software (e.g. SAP)
- Ability to strategize and solve problems
- Strong leadership and organizational skills
- Excellent communication and people skills
**Soft skills**
- Insight — use business data to assess the existing decisions and identify areas of improvement.
- Influence — help business leaders to understand and consider the broader financial implications of their decisions.
- Impact — demonstrate improved ROI on operational decisions.
CFO can increase the impact on business decision making by providing rigorous but targeted analysis and data, for example, competitor or industry benchmarking, FBPs are able to drive business leaders to make more profitable or positive operating decisions.
By upskilling business partners in their decision making, finance business partners can ensure that margins and profits aren’t lost because of financially unsound decisions.
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