Comptroller (CFO)

Job Summary:

The Comptroller (CFO) is a senior financial executive responsible for overseeing the financial operations of the organization, ensuring the integrity of financial reporting, and providing strategic guidance to the executive team. This role involves financial planning, budgeting, forecasting, reporting, risk management, and leadership in developing financial strategies to achieve organizational goals. The Comptroller (CFO) works closely with senior leadership to drive financial performance, optimize resources, and ensure compliance with financial regulations.

Key Responsibilities:

• Financial Management and Strategy:

  • Lead the development and execution of financial strategies that align with the organization's long-term objectives.
  • Oversee the preparation of financial statements, including income statements, balance sheets, and cash flow reports.
  • Analyze financial data to identify trends, areas of improvement, and opportunities for growth and cost savings.
  • Provide strategic recommendations to senior leadership regarding financial planning, budgeting, and resource allocation.

• Budgeting and Forecasting:

  • Develop and manage the organization’s annual budget and financial forecasts.
  • Monitor budget performance and identify areas for cost control and efficiency improvements.
  • Coordinate with department heads to ensure alignment of financial goals with operational objectives.
  • Revise financial forecasts regularly based on changing business conditions and strategic initiatives.

• Financial Reporting and Compliance:

  • Ensure accurate and timely financial reporting in compliance with applicable accounting standards (e.g., GAAP, IFRS).
  • Oversee the preparation of financial reports for external stakeholders, including investors, auditors, and regulatory agencies.
  • Maintain internal controls and ensure compliance with financial regulations, tax laws, and corporate governance standards.

• Cash Flow and Risk Management:

  • Manage cash flow and liquidity to ensure the organization has sufficient resources to meet operational needs.
  • Monitor working capital and manage investments and financing strategies.
  • Identify financial risks and implement strategies to mitigate them, including insurance, hedging, and diversification.

• Leadership and Team Management:

  • Lead, develop, and mentor the finance team, ensuring effective collaboration and skill development.
  • Foster a culture of continuous improvement within the finance department to enhance efficiency and effectiveness.
  • Build strong relationships with other senior executives to influence decision-making and achieve organizational goals.

• Audit and Internal Controls:

  • Oversee the internal and external audit process, ensuring the organization’s financial practices comply with all regulatory requirements.
  • Establish and enforce strong internal controls to safeguard company assets and ensure the accuracy of financial data.
  • Coordinate with auditors to ensure timely and successful completion of audits.

• Tax and Regulatory Compliance:

  • Oversee the organization’s tax planning, ensuring compliance with all relevant tax laws and regulations.
  • Coordinate with external tax advisors to optimize tax strategies and minimize liabilities.
  • Stay updated on changes in tax laws and regulatory requirements that affect financial operations.

• Mergers, Acquisitions, and Capital Structure:

  • Lead financial due diligence for mergers, acquisitions, and other business transactions.
  • Develop strategies for capital raising, investment decisions, and optimizing the organization’s capital structure.
  • Provide financial insights and recommendations during negotiations for potential mergers, acquisitions, or partnerships.

Qualifications:

• Education:

  • Bachelor’s degree in Accounting, Finance, Economics, or a related field (required).
  • Master’s degree in Business Administration (MBA) or related advanced degree is highly preferred.
  • Professional certifications such as CPA (Certified Public Accountant), CFA (Chartered Financial Analyst), or CMA (Certified Management Accountant) are a plus.

• Experience:

  • 7–10 years of experience in senior financial leadership roles, with at least 3–5 years in a CFO or Comptroller position.
  • Proven experience in managing complex financial operations, including budgeting, forecasting, reporting, and financial analysis.
  • Strong understanding of financial regulations, accounting standards, and tax laws.
  • Experience in corporate finance, strategic planning, and risk management.

• Skills:

  • Strong leadership and management skills with the ability to inspire and lead a team.
  • Exceptional financial analysis, forecasting, and budgeting skills.
  • Excellent communication skills to convey complex financial concepts to non-financial stakeholders.
  • Proficiency with financial software and tools (e.g., SAP, Oracle, QuickBooks, Microsoft Excel).
  • Strong problem-solving abilities and attention to detail in financial decision-making.

Key Competencies:

• Strategic thinking and the ability to align financial goals with broader business objectives.
• Ability to manage financial risks and identify opportunities for cost savings and revenue growth.
• High level of integrity and ethics in handling confidential financial data.
• Strong interpersonal and negotiation skills to work with senior management, board members, and external stakeholders.
• Ability to thrive in a fast-paced environment and manage multiple projects simultaneously.