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  • Posted: May 25, 2016
    Deadline: Not specified
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    HRS provides integrated employee management services to small and medium businesses across Bulgaria. We are the experts in recruiting qualified, professional and skilled people across a wide range of specialised industries and professions. We operate across the private and public sectors, dealing in permanent positions, contract roles and temporary assign...
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    Chief Financial Officer (CFO)

    Job Description

    • The Chief Financial Officer is a member of the board and serves as the company’s lead financial executive overseeing and representing all its financial and accounting operations.

    Specific Duties and Responsibilities

    • Develop and implement strategy of the company's financing, financial, accounting, taxation and risk management functions.
    • Work with senior management to develop and plan company’s goals, objectives and strategies.
    • Lead debt and equity financing discussions with internal and external stakeholders in connection with the company's broader project financing strategy, including evaluating, structuring and negotiating any project financing arrangement and, once approved, executing such arrangements.
    • Develop individual department budgets which consolidate into an overall corporate budget and become a part of the corporate business plan.
    • Oversee the development of the annual and multi-year business plans and forecasts for operating and capital expenditures.
    • Provide guidance and assistance to individual departments during the annual planning cycle and forecasts.
    • Develop and maintain a financial reporting package for the senior management team which provides useful and timely information to evaluate the company's performance.
    • Monitor capital and operating expenditures to ensure project cost, financing costs, cash flow and return on investment remain on target.
    • Develop a timely and accurate process of monitoring cash flow.
    • Develop a program of risk management designed to minimize insurance costs and limit the company's risk exposure.
    • Assist senior management during strategic financial negotiations ensuring outcomes derive highest value for the company.
    • Develop and maintain an internal governance and control structure that ensures that the integrity of information is maintained in the areas of receivables, payables, revenues, inventory, fixed assets and financial reporting and complies with applicable regulatory requirements.
    • Coordinate tax planning strategies to minimize tax liabilities.
    • Ensure compliance with Federal, State, and local income tax regulations.
    • Provide counsel and advice to the senior management and other members of the company's senior management team regarding business opportunities and financial responsibilities.
    • Ensure that long and short term financial goals are achieved.
    • Travel locally and internationally (up to 40% of the time).
    • Other related tasks as assigned.

    Minimum Qualifications and Experience

    • Master's Degree in Accounting or Finance.
    • Five years as certified professional accountant by ICAN, ACCA or CPA.
    • Ten years of senior management level experience including three as CFO.
    • Five years of real estate development experience.
    • Five years of construction accounting experience.
    • Seven years of strategic level experience including assessing potential development opportunities and partnering with senior management on investment decisions.
    • Strong ability to communicate effectively in English, both verbally and in writing.
    • Demonstrable ability to communicate in one local language/dialect.
    • Proven ability to write and present accurate and impactful reports to investors, employees, and the board.
    • Superior judgment and abilities in problem solving and decision-making, on a consistent basis.
    • Strong ability to initiate, foster, interact, and maintain relationships with diverse groups.
    • Strong ability to interact with diverse and non-finance audience with respect and professionalism.
    • Ability to maintain the highest degree of confidentiality regarding all aspects of work at all times.
    • Strolng role model, mentor and coach, able to live and share the values of the company.
    • Ability to work hard and consistently conduct self honestly and with integrity.

    Method of Application

    Applicants should forward their CVs/resume to: jobs@HRSNG.com referencing Vacancy CFOAC 2016.

    Note: Only candidates we deem qualified will be shortlisted and contacted so PLEASE NO CALLS OR EMAIL.

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