Finance Head – Job DescriptionKey Responsibility Areas (KRA)Financial Planning &
- Budgeting· Prepare annual financial plans and budgets. · Define revenue targets and expense limits. · Monitor financial performance against budget. · Support management in financial decision-making.
Cash Flow
Management· Monitor company cash inflow and outflow. · Maintain sufficient liquidity for operations. · Plan fund allocation for salaries, vendor payments, and expenses. · Monitor cash flow forecast regularly. Receivable &
- Payable Control· Monitor outstanding receivables from clients. · Ensure collections happen according to payment terms. · Track vendor payables and payment schedules. · Ensure healthy balance between receivables and payables.
Monitoring· Track profitability of each project. · Compare estimated vs actual project costs. · Identify cost overruns. · Provide margin analysis for management review. Cost Control &
- Expense Monitoring· Monitor company expenses regularly. · Identify unnecessary expenses. · Recommend cost optimization strategies. Compliance &
- Audit Management· Ensure compliance with financial regulations. · Coordinate internal and external audits. · Maintain statutory financial records.
Financial Risk
Management· Identify financial risks in operations. · Monitor large financial commitments. · Ensure financial controls are followed.
Strategic Financial
Support· Support management in expansion planning. · Evaluate investment opportunities. · Assist with funding or capital planning if required.