Head Of Finance Job Description
Head of finance
provides disclosure guidance and produce financial disclosures for SEC (10Q/10K), Regulatory (FR Y9C, FR Y11, Pillar III) and Legal entity filings (US GAAP/IFRS).
Head Of Finance Duties & Responsibilities
To write an effective head of finance job description, begin by listing detailed duties, responsibilities and expectations. We have included head of finance job description templates that you can modify and use.
Sample responsibilities for this position include:
Functionally align with local/regional finance teams and/or accounting officers to understand, interpret, and provide global direction and support, driving towards global consistency and common frameworks
Ensure compliance of the applicable Accounting Standards and regulatory rules and regulations internal policies and requirements
Books and records for the legal entities are in-line with global finance requirements and all recognized accounting standards, and monthly reporting to group finance is timely and accurate
Effective systems of internal accounting controls are maintained and developed to ensure reported financial information is accurate, adequately supported and in compliance with local laws and group policies
This role will be responsible for perform Accounting and Finance related functions for the branch and liaise with other branches
Finally, you will also prepare for annual corporate income tax filling, including transactional forms for related parties and transfer pricing documentation and perform monthly tax reconciliation between the head office, local regulatory and tax accounting as well
Establish and maintain an appropriate control environment within the Finance teams
Work with global and regional Finance functions to improve the efficiency and quality of the work within the responsibility of the Australian teams
Proactively manage offshored or outsourced services, to ensure that they are meeting the standards set out in the respective SLAs, seeking ways to make these relationships more effective and higher quality
Provide leadership across the Finance teams in Australia and build relationships with cross functional teams to enhance working relationships and improve analytical review on legal entities
Head Of Finance Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Head Of Finance
List any licenses or certifications required by the position: SOX, ISO, IATF, TS, IIA, CPA, AAF, CIMA, ACCA
Education for Head Of Finance
Typically a job would require a certain level of education.
Employers hiring for the head of finance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, MBA, Business, Economics, Business/Administration, Graduate, Education, Engineering, Management
Skills for Head Of Finance
Desired skills for head of finance include:
Accounting
GAAP
Enterprise-level financial planning systems
SAP
US GAAP
ERP systems
IFRS
MS Office applications is needed
TM1 and Hyperion desired
US GAAP and IFRS
Desired experience for head of finance includes:
Lead the preparation of all annual plans, being a key contributor to the development of strategic plans and analysis of opportunities for inorganic growth
Provide thought leadership and guidance to stakeholders globally (e.g., appropriate operating models based on the nature and maturity of activity)
Provide financial and operating support to North America executives
Align various business business finance and shadow finance organizations into cohesive cost efficient structure delivering consistent, timely and accurate financial analytics
Implement management information framework, providing key financial and non financial information to business to support achievement of strategy
Participate as a member of North America Executive Committee and various supporting committees
Head Of Finance Examples
1
Head Of Finance Job Description
Job Description Example
Our company is looking for a head of finance. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for head of finance
- Implementing a robust reporting and internal controls process for the business
- Attending board meetings, managing senior stakeholders, delivering commercial insight to help increase profitability and maintain growth
- Production of the monthly and quarterly analysis, management accounts and statutory accounts
- You will also liaise with regulators and Tax Bureau and take full responsibility for accurately preparing and timely submitting all relevant fillings/reports
- Besides, one of the key responsibilities is to prepare P&Ls and assist with budget and forecast preparation and analysis
- Participate in the company's critical analysis & decision making, provide business operation with financial support
- Participate in the planning, budgeting, and setting up of company's investment activities, critical business operation
- Responsible for the budgeting and forecasting process within the business
- Responsible for the reporting of the analysis, providing the business key insight into performance, budgets and accuracy of information
- You will manage a team of up to 10 reports, including the management accountants, accounts payable & receivable and payroll
Qualifications for head of finance
- Candidate must have at least 12 years of experience in a finance demonstrating strong technical and analytical skills and a track record of success working in team-based and matrix environments
- To be considered for this position you must have strong strategic expertise with proven industry experience in a Senior Finance position
- Due to the business facing focus of this role it is essential that you feel comfortable and confident managing teams and discussing technical issues face to face
- In return you will get the opportunity to work for a highly successful banking group that offers not only technical challenge but also an excellent working environment
- Native Mandarin and fluency in English is a must
- Must ensure the active use of Client Vision (CV)–which includes quality CAO’s, wallet sizing, Client profile especially for the LC segment
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Head Of Finance Job Description
Job Description Example
Our company is growing rapidly and is hiring for a head of finance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for head of finance
- Prepare business analysis, SWOT for review by AGM, Admin
- Collect all financial forecast information the proper systems/controls to support the business
- Ensure adherence to all Compliance/KYC regs
- Develop staff to continue to exceed requirements, and diversify roles and backup with regular counselling and cross training for staff
- Work with deal teams and teams at Head Office level, especially the products- and structuring team, to ensure seamless and efficient delivery and transaction execution
- Be the “go to” person in terms of understanding the overall performance of Digital, issues, comparisons between brands and with our competitors, in order to be able to brief the Board (monthly) and Senior Management on the state of the Digital business and crucially the requirements and opportunities for investment
- Providing strategic financial input and leadership to the EASTERN EUROPE Team to drive business performance and ensure appropriate return on investment
- Leading a rigorous monthly financial review process for EASTERN EUROPE
- Preparation of the annual budget, and long range strategic planning for the EASTERN EUROPE Clusters
- Preparation of the annual budget, and long range strategic planning for Portugal
Qualifications for head of finance
- Strong verbal and written presenter and communicator with an ability to liaise across all levels of the business, both with finance and non-finance teams external non-executive Boards, is essential for success in this role
- Formulating and implement investment strategies for the subsidiary
- Taking a leadership role in decision making on investments and divestments in income producing properties located in the Asia Pacific region
- Monitoring, analyzing and reporting on asset transactional evidences and performances metrics, macro trends in target markets, including economic, legal, financial and political climate and risks
- Identifying, evaluating and recommending potential acquisitions and divestments, through feasibility studies, financial modelling, competitive analysis, market and asset life cycles analysis of target markets
- Structuring, negotiating and executing transactions to ensure that the investment strategies are well implemented and investment objectives are met
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Head Of Finance Job Description
Job Description Example
Our company is searching for experienced candidates for the position of head of finance. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for head of finance
- Advise Schools and Academies on procuring fit for purpose computer-based financial and management accounting systems
- Operational Accounting - Working with Quality Assurance Team ensure suitable internal controls and business processes are in place to appropriately account for financial transaction activity
- Monitoring of Permanent Supervision controls execution and anomalies reporting in GPS tool
- Perform a key role in enabling the Finance & Corporate Services (FCS) organization to realize its transformational objectives of being a valued service provider and business partner
- Lead and direct all aspects of Global FCS systems strategy and support
- Develop and articulate FCS technology strategy, roadmap and initiatives
- Develop and continually enhance the FCS technology strategy and roadmap to ensure technology plans and initiatives are well aligned to the FCS business strategy and plans
- Identify, organize, and lead programs and initiatives in support of the FCS systems strategy and roadmap
- Lead systems initiatives in support of company’s Finance Transformation identifying business optimization priorities and initiatives
- Identify system support and resourcing requirements and developing the teams and skills to provide this support
Qualifications for head of finance
- Managing a team of professionals to source, analyse, acquire, finance, manage and dispose assets
- Technical knowledge to structure schemes and organize transactions, deliver solutions in trade finance area
- Able to lead and direct team strategically towards achieving FMG and organisational goals
- Report to the local management the head office on a regular basis
- Ability to multi-task and must be well organized
- Masters or comparable degree
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Head Of Finance Job Description
Job Description Example
Our growing company is looking to fill the role of head of finance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for head of finance
- Directly involved in the preparation of General Ledger close reporting to ensure adequate completeness, accuracy, timeliness, accessibility and consistency to corporate policies and GAAP
- Collaborate with country, regional and Corporate Accounting and Controlling functions
- Work with the Financial Planning & Analysis team to identify and develop a management and profitability reporting systems roadmap and solution and developing the business case to seek funding for a new systems initiative
- Ensure the FCS technology book of business is well aligned and prioritized with the FCS technology strategy and roadmap
- Maintain a culture and program of continuous improvement and technology innovation, proactively identifying and implementing cost beneficial, leading practices in systems capabilities and support
- Partner with FCS leadership, IT and other business functions
- Provide value added services and support to enable superior results
- Proactively seek feedback to inform all aspects of global FCS system support
- Develop, manage and maintain effective and efficient global FCS systems support
- Collaborate with IT to ensure appropriate governance, policies, processes, and procedures covering all aspects of FCS systems support and to ensure appropriate systems performance and business recovery capabilities
Qualifications for head of finance
- International background - having ideally spent some time studying or working abroad
- Minimum of 10 years experience across the Banking industry
- Management of Trade Finance Operations team
- Minimum 7 year Trade Finance Operations experience in Commercial Bank based in Japan is must
- Must be able to interact and communicate effectively with show runners, talent, network executives
- An in-depth understanding of complex contracts negotiating with customers in person
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Head Of Finance Job Description
Job Description Example
Our company is growing rapidly and is hiring for a head of finance. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for head of finance
- Proven capacity to bring clarity to complex financial and accounting arrangements
- Solid technical accounting & control skill set
- Develop and maintain effective and efficient FCS systems support processes including risk management and Sox 404 compliant controls
- Ensure an appropriate and effective global support and staffing model
- Lead, manage, and motivate the global FCS systems support team
- Ensure appropriate focus and commitment to attracting, retaining, and engaging talent and developing future leaders
- Lead programs to develop FCS systems support team capabilities and skills and maintain appropriate support service levels and business continuity
- Manage finance systems production and project support
- Plan and direct the activities of group of Business Analysts, Team leads and Managers who will work with their internal FCS customers to define customer requirements and to design, develop and implement efficient business processes and application systems
- Managing and monitoring the R2R process performance meeting the SLA and defined KPIs
Qualifications for head of finance
- Mature, proactive, meticulous and tenacious, flair for numbers and hands-on
- High degree of integrity and ability to challenge the views of others in a constructive manner
- Based in Yangon
- Knowledge of business processes and systems the underlying commercial drivers
- Advance Degree in Finance /or MBA Level
- At least 5 years’ experience of Business Planning in MNCs