Job Openings Finance Manager

About the job Finance Manager

Our client a leading Manufacturing company based in Iraq, is actively seeking a dynamic and strategic individual to join their team as a "Finance Manager." This role involves overseeing the financial operations of the company, ensuring adherence to regulatory standards, and contributing to the overall financial health and growth of the organization.

Job Description:

  • Develop and execute financial plans, budgets, and forecasts that align with the company's short-term and long-term goals.
  • Analyze financial data, industry trends, and market conditions to provide insights and recommendations to the executive team.
  • Ensure the accurate and timely preparation of financial statements, including balance sheets, income statements, and cash flow statements, according to accounting principles and regulations.
  • Coordinate external audits and manage relationships with auditors to ensure compliance with financial reporting standards and legal requirements.
  • Stay updated with relevant accounting and financial regulations, ensuring the company's adherence to all applicable laws and guidelines.
  • Conducted financial analysis, forecasted financial trends, and provided recommendations to senior management for effective decision-making.
  • Oversee the preparation, review, and management of budgets across various departments.
  • Monitor actual performance against budgets, identify cost-saving opportunities, and implement effective cost control measures.
  • Prepare accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other financial metrics.
  • Present these reports to executive leadership, the board of directors, and stakeholders to ensure transparency and compliance.
  • Ensure compliance with all financial regulations, accounting principles, and industry standards.
  • Stay up-to-date with changes in accounting regulations and IFRS and assess their impact on the company's financial reporting and operations.
  • Identify financial risks and develop strategies to mitigate them.
  • Implement internal controls and risk management processes to safeguard company assets and maintain financial integrity.
  • Manage the company's cash flow, working capital, and liquidity requirements.
  • Optimize cash management strategies, including investments and financing options, to support business operations efficiently.
  • Collaborate with top management in developing the company's financial strategy and long-term financial planning.
  • Evaluate potential investment opportunities, mergers, and acquisitions to support business growth and expansion.
  • Work with tax advisors to develop effective tax planning strategies, ensuring compliance with tax regulations, and optimizing tax positions for the company.
  • Utilize financial modeling techniques to assess the financial impact of various business decisions and scenarios, providing insights into potential outcomes.
  • Manage and mentor the finance team, fostering a culture of collaboration, continuous improvement, and professional development.
  • Manage the company's cash flow, including short-term liquidity requirements and long-term investment strategies.
  • Optimize working capital management, ensuring the company's operational needs are met efficiently while maintaining appropriate liquidity levels.
  • Led the finance and accounting team, fostering a culture of excellence, and collaboration.
  • Recruit, develop, and retain talented financial professionals to support the company's financial operations.

    Qualifications:
  • Bachelor's degree in Accounting or Finance.
  • Strategic planning skills.
  • Leadership skills and the ability to manage work teams.
  • Reporting and time management skills.
  • Effective communication skills.
  • Ability to work under pressure and computer use skills.