Finance Division Head (Re-advertised) 34 views

TAF Oil P.L.C is seeking an experienced and professional Finance division Head from and within internal source. This position will play a key role in the organizations.

Responsibilities

Management

• Maintain a documented system of accounting policies and procedures
• Manage outsourced functions
• Oversee the operations of the divisions, including the design of an organizational structureadequate for achieving the department’s goals and objectives
• Present potential scenarios and outcomes to management team
• Manage the preparation and publication of departmental and organization financial documents
• Examine financial and legal documents to verify accuracy and adherence to financial regulations and acceptable financial principles
• Develop or recommend solutions for problems or situations

Funds Management

• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Use hedgingto mitigate financial risks related to the interest rates on the company’s borrowings, as well as on its foreign exchange positions
• Maintain banking relationships
• Assist in determining the company’s proper capital structure

Budgeting

• Manage the preparation of the company’s budget
• Report to management on variances from the established budget, and the reasons for those variances
• Assist management in the formulation of its overall strategic direction

Financial Analysis

• Engage in ongoing cost reduction analyses in all areas of the company
• Engage in benchmarking studies to establish areas of potential operational improvement
• Interpret the company’s financial results to management and recommend improvement activities
• Review company bottlenecksand recommend changes to improve the overall level of company throughput
• Perform a variety of advanced financial analyses to determine present and forecasted financial health of the company
• Create additional analyses and reports as requested by management

Job Requirements

Required skills and knowledge

• A creative mindset with an ability to suggest improvements
• Strong leadership and decision making skills
• Strong skills and confidence to lead and motivate a team
• Strong ability to manage own workload and supervise the work of others concurrently
• Excellent time management skills and ability to multi-task and prioritize work under pressure
• Attention to detail and problem solving skills
• Excellent interpersonal, oral and written communication skills
• Strong organizational and planning skills
• Familiarity with email scheduling tools, like Email Scheduler  and proficiency in MS Office  (MS Word, Excel and PowerPoint)
• Familiarity with ACCPAC is a plus

How to Apply

Interested applicants who fulfill the requirements can submit non returnable copies of their CV, application letter and other testimonial documents within 6 calendar days of this announcement to HR department in person through the following  Address: –

Wollo Sefer, TAF Oil Head Quarter, in Front of Tebaber Berta Building

Tel:- 0115- 580686/87 Ext-139 or 0911718788