Duties and Responsibilities
1. Financial Leadership
- Assist the GHOF and establish an effective organizational structure aligned with business objectives.
- Assist GHOF on capital structure, funding strategies and investment decisions.
- Improvise financial policies, procedures and internal control frameworks.
2. Financial Reporting & Compliance
• Oversee preparation of monthly, quarterly and annual financial statements (consolidated and
standalone).
• Ensure compliance with applicable accounting standards and regulatory requirements.
• Prepare management, regulatory and Board-level reports for GHOF
• Oversee external audits for all subsidiaries and the Holding Company, ensuring timely completion.
3. Budgeting & Performance Management
• Lead annual budgeting and periodic forecasting processes across the Group.
• Monitor financial performance against budget and report variances with actionable insights.
• Evaluate divisional performance and identify key financial risks and improvement opportunities.
• Indentify cost optimization initiatives and financial efficiency programs.
4. Treasury & Cash Flow Management
- Manage cash flow forecasting and consult GHOF.
- Ensure availability of funds for operational and capital expenditure requirements.
- Maintain and strengthen banking relationships.
5. Risk Management & Controls
- Identify, analyze and classify financial risks and recommend mitigation strategies.
- Establish procedures for safeguarding assets, loan collateral, securities and financial records.
- Review and enhance financial reporting systems, accounting procedures and collection processes.
6. Operational Oversight
- Oversee Accounts Payable and Receivable functions ensuring timely payments and collections.
- Review collection status and outstanding balances regularly.
- Reconcile major supplier and bank accounts monthly.
- Ensure effective coordination with subsidiaries’ finance teams and external stakeholders.
7. Team Management & Development
- Mentor and develop finance team members.
- Plan, direct and coordinate departmental activities.
- Appraise performance and build team capability.
8. Additional Responsibilities
- Prepare ad-hoc financial analyses and strategic reports as required by GHOF.
- Undertake any other duties as assigned in line with business requirements.