Job Description
Report to – Finance Director
Job Summary: The Finance Manager will be responsible for managing all financial activities of the organization, including financial planning and analysis, budgeting, forecasting, financial reporting, and risk management. The role requires strong analytical skills, attention to detail, and the ability to provide strategic financial guidance to senior management.
Responsibilities :
Key Responsibilities:
1. Financial Planning and Analysis (FP&A):
• Develop and maintain financial models to support strategic planning and decision-making.
• Conduct financial analysis, including variance analysis, trend analysis, and scenario modeling, to identify areas of improvement and opportunities for cost optimization.
• Prepare regular financial reports and presentations for senior management and stakeholders.
2. Budgeting and Forecasting:
• Lead the annual budgeting process, working closely with department heads to develop accurate and achievable budgets.
• Monitor budget performance and provide ongoing analysis and recommendations to ensure financial targets are met.
• Prepare rolling forecasts and long-term financial projections to support business planning and resource allocation.
3. Financial Reporting:
• Oversee the preparation and distribution of timely and accurate financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards and regulatory requirements, and liaise with external auditors as needed.
• Analyze financial data to identify trends, anomalies, and areas for improvement.
4. Cash Flow Management:
• Manage cash flow, including monitoring cash balances, forecasting cash needs, and optimizing cash flow processes.
• Implement strategies to improve working capital management and liquidity, such as optimizing accounts receivable and accounts payable processes.
5. Risk Management:
• Identify financial risks and develop strategies to mitigate them, including currency risk, interest rate risk, and credit risk.
• Monitor and evaluate internal controls to ensure compliance with policies and procedures, and implement improvements as needed.
6. Stakeholder Management:
• Collaborate with internal stakeholders, including senior management, department heads, and cross-functional teams, to provide financial insights and support decision-making.
• Build and maintain relationships with external stakeholders, including banks, investors, and regulatory authorities.
Requirements :
Qualifications and Skills:
• Bachelor's degree in finance, accounting, or a related field; ACCA preferred.
• Proven experience in a finance management role, with a strong understanding of financial principles, practices, and regulations.
• Big 4 experience is a strong advantage.
• Excellent analytical skills, with the ability to interpret complex financial data and provide actionable insights.
• Advanced proficiency in budgeting and forecasting.
• Strong leadership and interpersonal skills, with the ability to communicate effectively with stakeholders at all levels.
• Detail-oriented with a focus on accuracy and timeliness.
• Ability to thrive in a fast-paced environment and manage multiple priorities effectively.
• Min 3 years’ experience
• Azerbaijan & English fluent.