Finance Director Job Description

Job Description: Director of Finance

Position: Director of Finance
Location: [Location]
Reporting to: Chief Executive Officer (CEO) / Chief Financial Officer (CFO)
Department: Finance
Salary: [Salary Range]
Type: Full-time, Permanent

Overview:

We are seeking a strategic and highly skilled Director of Finance to lead and manage the financial operations of the company. The Director of Finance will be responsible for overseeing financial planning, analysis, budgeting, forecasting, and compliance. This role is critical in driving the company’s financial performance, ensuring sound financial management, and providing strategic financial guidance to support the company’s growth and long-term goals.

Key Responsibilities:

• Financial Strategy & Planning:
  • Develop and implement financial strategies aligned with the company’s overall business goals.
  • Lead financial planning and analysis (FP&A) processes, including budgeting, forecasting, and long-term financial planning.
  • Provide financial insights and recommendations to senior management and the board of directors to drive business growth and profitability.
• Budgeting & Forecasting:
  • Oversee the annual budgeting process, ensuring accuracy, timeliness, and alignment with strategic objectives.
  • Monitor and analyze financial performance against budget and forecast, identifying variances and recommending corrective actions.
  • Prepare financial forecasts and scenario analysis to inform business decisions.
• Financial Reporting & Analysis:
  • Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
  • Ensure compliance with accounting standards (e.g., GAAP, IFRS) and regulatory requirements.
  • Provide detailed financial analysis and reporting to management, highlighting key performance indicators (KPIs) and trends.
• Cash Flow & Risk Management:
  • Manage cash flow, ensuring the company has adequate liquidity to meet its obligations and support growth initiatives.
  • Oversee risk management processes, including managing foreign exchange risk, credit risk, and interest rate risk.
  • Collaborate with the treasury team to optimize working capital, investment strategies, and debt management.
• Cost Management & Profitability:
  • Implement cost control measures to enhance profitability and operational efficiency.
  • Analyze cost structures and identify areas for savings or operational improvements.
  • Develop strategies to improve margins while maintaining high standards of service and product delivery.
• Compliance & Regulatory Oversight:
  • Ensure compliance with all financial regulations, tax laws, and reporting requirements.
  • Lead internal and external audit processes, ensuring that financial controls and procedures are robust and effective.
  • Stay updated on changing financial regulations and implement necessary changes within the organization.
• Team Leadership & Development:
  • Lead, mentor, and develop the finance team, fostering a culture of excellence, accountability, and continuous improvement.
  • Oversee the recruitment, training, and performance management of finance staff to ensure a high-performing finance department.
  • Promote collaboration across departments to ensure financial alignment with business operations.
• Investment & Capital Management:
  • Advise on investment strategies, capital allocation, and financing opportunities to support the company’s growth initiatives.
  • Work with senior leadership to evaluate mergers, acquisitions, and other strategic financial decisions.
  • Monitor capital expenditures and ensure investments align with long-term business objectives.

Key Qualifications:

• Proven experience in a senior financial leadership role, such as Director of Finance, Head of Finance, or similar.
• Strong understanding of financial management principles, accounting practices, and regulatory requirements.
• Experience in financial planning, budgeting, analysis, and reporting at a high level.
• Excellent leadership, communication, and interpersonal skills, with a proven ability to lead and develop teams.
• High level of integrity and dependability, with a strong sense of accountability and ownership.

Education & Experience:

• Bachelor’s degree in Finance, Accounting, Economics, or related field (Master’s degree or MBA preferred).
• Professional qualifications such as CPA, ACCA, or CFA are highly desirable.
• Minimum of [X] years of experience in finance leadership roles, preferably within [industry or sector].
• Strong proficiency in financial software, ERP systems, and advanced Excel skills.

Key Competencies:

• Financial Planning & Strategy Development
• Leadership & People Management
• Budgeting & Forecasting Expertise
• Analytical & Data-Driven Decision Making
• Regulatory Compliance & Risk Management
• Communication & Stakeholder Management

Benefits:

• Competitive salary and bonus structure.
• Comprehensive benefits package, including health insurance, retirement plans, etc.
• Opportunities for professional development and career advancement.
• The chance to play a key role in shaping the financial future of the organization.

How to Apply:
Please submit your CV and cover letter outlining your experience and suitability for the role to [email address] by [application deadline].

This job description outlines the key duties and responsibilities but may evolve as the company adapts to changing financial goals and market conditions.