Chief Financial Officer at Adexen

Responsibilities

• Responsible for the Finance operations of the companies, to include but not limited to; Financial and Working Capital Measurement, Planning, Budgeting and Controlling, Governance and Compliance, Risk Management, Business and Strategic Support, Taxes, Internal and External controls/audits and Resource Management.
• He/She will also oversee HR administration.
• Assume full responsibility for all financial operations and functions within the department.
• Ensure all transactions are reviewed on a regular basis, balance sheet accounts are managed & cleared, reconciliations and controls are performed, outstanding purchase orders are followed up and irregularities and potential problems are reported.
• Analyze and present financial reports in an accurate and timely manner
• Update and implement all necessary business policies and accounting practices
• Contribute to the development and amelioration of financial systems/models
• Ensure that funds and cost centres are set up and maintained to support the unit operations and specific requirements
• Coordinate and lead the annual audit process, liaise with external auditors.
• Communicate, co-ordinate and manage the relevant processes to ensure all financial year-end and other administration requirements are met timeously, e.g. Prior Year Reserve calculations for all areas and distribution thereof.
• Maximize Working Capital by; Speed up and improve billing, minimize accounts receivable and DSO, minimize stock holdings and Maximize 3rd party accounts payables and DPO.
• Prepare monthly, quarterly and annual management accounting reports
• Oversee and lead annual budgeting and planning process in conjunction with the Regional Office; administer and review all financial plans and budgets
• Provide innovative financial advices to operational managers to improve performance, increase cash and reduce risks.
• Ensure tax, legislative and statutory requirements are met.
• Look for opportunities to minimize tax liabilities of the BU.
• Understand and mitigate key elements of the company’s risk profile
• Monitor all open legal issues involving the company, and legal issues affecting the industry
• Oversees HR activities

Desired Skills and Experience

• Bachelor's Degree in Accounting or Business Administration from a recognised university
• Minimum of 7 years of progressively responsible experience for a major company or division of a large corporation
• Proven experience with financially managing industrial projects
• SAP FI/CO experience
• Enjoy working in a multi-cultural team, drive to continually improve processes and seek new challenges
• Knowledge of multi-national accounting and tax practices and experience with international operations.
• Operationally/Commercially oriented, strategic thinker, who can play a key role in driving the strategic direction of the company