JD of The Chief Financial Officer

The Chief Financial Officer is subordinated to the Chief Executive Officer, answers to him and regularly
reports to him.
To regulate, supervise and implement a timely, full and accurate set of accounting books of the firm
reflecting all its activities in a manner commensurate with the relevant legislation and regulation in the
territories of operation of the firm and subject to internal guidelines set from time to time by the Board
of Directors of the firm.
To implement continuous financial audit and control systems to monitor the performance of the firm, its
flow of funds, the adherence to the budget, the expenditures, the income, the cost of sales and other
budgetary items.
To timely, regularly and duly prepare and present to the Board of Directors financial statements and
reports as required by all pertinent laws and regulations in the territories of the operations of the firm
and as deemed necessary and demanded from time to time by the Board of Directors of the Firm.
To comply with all reporting, accounting and audit requirements imposed by the capital markets or
regulatory bodies of capital markets in which the securities of the firm are traded or are about to be
traded or otherwise listed.
To prepare and present for the approval of the Board of Directors an annual budget, other budgets,
financial plans, business plans feasibility studies, investment memoranda and all other financial and
business documents as may be required from time to time by the Board of Directors of firm.
To maintain a working relationship and to develop additional relationships with banks, financial
institutions and capital markets with the aim of securing the funds necessary for the operations of the
firm, the attainment of its development plans and its investments.
To alert the Board of Directors and to warn it regarding any irregularity, lack of compliance, lack of
adherence, lacunas and problems whether actual or potential concerning the financial systems, the
financial operations, the financing plans, the accounting, the audits, the budgets and any other matter
of a financial nature or which could or does have a financial implication.
To collaborate and co-ordinate the activities of outside suppliers of financial services hired or contracted
by the firm, including accounts, auditors, financial consultants, underwriters and brokers, the banking
system and other financial venues.
KRAs
Consolidation of Balance Sheets
Heading a team of Chartered Accountants.
Transfer pricing data preparation and audit and preparation and submission of TP returns.
Preparation and finalization of Balance Sheet & Profit & Loss Account.
FBT,VAT, BPP, DTC Audit,Advance Tax calculations and planing.
Compliance of all accounting Standards.
Liaisoning with Bank & Financial Institutions.
Project appraisal, C.C. renewal, CMA, QIS & QMR preparation and submission.
STRATEGIC FINANCE
CORPORATE FINANCE
IMPLICATION OF MERGERS,TAKE OVER ETC
Maintaining accounts & stock records.

CFO JOB DESCRIPTION
Chief Financial Officer (CFO) job description
Overview
Job description of CEO include contents such as:
1. Job purpose
2. Key duties/tasks
3. KRAs
4. KPIs
5. Job standard
6. Job spec…
I/ Key job tasks of Chief Financial Officer - CFO job description
1. Strategy
 As a true business partner to the CEO and divisional presidents, assess organizational
performance against both the annual budget and company’s long- term strategy.
 Develop tools and systems to provide critical financial and operational information to the
CEO and make actionable recommendations on both strategy and operations.
 Engage the board finance, audit, and investment committees around issues, trends, and
changes in the operating model(s) and operational delivery.
 Assist in establishing yearly objectives and meeting agendas, and selecting and engaging
outside consultants (auditors, investment advisors).
 Oversee long-term budgetary planning and costs management in alignment with company
National Nonprofit’s strategic plan, especially as the organization considers sponsorships,
potential acquisitions, and collaborations with external organizations.
2. Executive Management
 Serve as a member of executive leadership team

 Participate in key decisions pertaining to strategic initiatives, operating model and
operational execution
3. Financial Planning and Analysis
 Prepare and maintain regular financial planning reports; Monthly profit and loss forecast
by division (vs. budget); Weekly 13 week cash flow forecast.
 Complete analysis of financial results; Develop recommendations (strategic and tactical).
 Develop and execute analysis of various business initiatives (e.g., opening new
operations, asset acquisition, new service launches).
 Develop and maintain capital budget.
 Assist in development of financial planning and analysis exercises/reports.
 Participate in calls with Lenders.
4. Finance
 Oversee cash flow planning and ensure availability of funds as needed.

 Oversee cash, investment, and asset management.
 Oversee financing strategies and activities, as well as banking relationships.
 Develop and utilize forward-looking, predictive models and activity-based financial
analyses to provide insight into the organization’s operations and business plans.
5. Planning, Policy, and Investor Relations
 Coordinate the development and monitoring of budgets.

 Develop financial business plans and forecasts.
 Participate in corporate policy development as a member of the senior management team.
 Engage the finance committee of the board of directors to develop short-, medium-, and
long-term financial plans and projections.
 Represent the company to financial partners, including financial institutions, investors,
foundation executives, auditors, public officials, etc.
 Remain up to date on nonprofit audit best practices and state and federal law regarding
nonprofit operations.
6. Accounting and Administration
 Oversee the accounting department to ensure proper maintenance of all accounting

systems and function; supervise company nonprofit’s finance staff.
 Ensure maintenance of appropriate internal controls and financial procedures.
 Ensure timeliness, accuracy, and usefulness of financial and management reporting for
federal and state funders, foundations, and company nonprofit’s board of directors;
oversee the preparation and communication of monthly and annual financial statements.
 Coordinate audits and proper filing of tax returns.
 Ensure legal and regulatory compliance regarding all financial functions.
7. Team Management
 Mentor and develop a direct team of four, managing work allocation, training, problem
resolution, performance evaluation, and the building of an effective team dynamic.
 Guide larger, cross-divisional teams outside of direct span of control within the five main
company national nonprofit program areas.
8. Accounting Activities
 Oversee preparation of month-end, quarter-end and year-end financial statements

 Review all month-end closing activities including general ledger maintenance, balance
sheet reconciliations and corporate/overhead cost allocation
 Enhance and implement financial and accounting systems, processes, tools and control
systems
 Serve as final point of escalation for Accounts Receivable/Accounts Payable issues
 Develop and manage accounting staff
 Serve as a key point of contact for external auditors; Manage preparation and support of
all external audits
9. Cash Management
 Oversee weekly cash management; Approve weekly payables; Execute check signing
 Oversee AR management and provide support to collections activities
10. Corporate Development
 Represent company in efforts with investment bankers and potential investors

 Prepare various analyses and reports required by corporate development efforts
11. Insurance/Real Estate/Legal Affairs
 Manage the company’s insurance program

 Manage the company’s real estate affairs consisting of leases and sub-leases with various
landlords; Negotiate new leases or lease renewals; Coordinate with real estate counsel
 Manage the company’s legal affairs in the areas of cargo claims, bankruptcies and other
small claims matters
II / Job specification of Chief Financial Officer - CFO job description
1. A minimum of a BS; a CPA and/or MBA would be a plus.

2. At least five years experience as CFO or equivalent, preferably in a nonprofit
organization with a budget of at least $10 million.
3. Deep knowledge and understanding of the Office of Management and Budget Circular
A133 audit.
4. Experience working with information technology staff to manage finance and accounting
software packages.
5. Excellent written and oral communication skills.
6. Demonstrated leadership ability, team management, and interpersonal skills.
7. Excellent analytical and abstract reasoning skills, plus excellent organization skills.
8. Experience in a senior financial-management role, partnering with executive staff,
resulting in the development and implementation of creative financial management
strategies.
9. Significant experience in or knowledge of nonprofit accounting, including sophisticated
fund and grant accounting, compliance, and reporting.

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The Chief Financial Officer is subordinated to the Chief Executive Officer, answers to him and regularly

Consolidation of Balance Sheets

Heading a team of Chartered Accountants.

Compliance of all accounting Standards.

Liaisoning with Bank & Financial Institutions.

IMPLICATION OF MERGERS,TAKE OVER ETC

Maintaining accounts & stock records.

Chief Financial Officer (CFO) job description

Job description of CEO include contents such as:

I/ Key job tasks of Chief Financial Officer - CFO job description

 Serve as a member of executive leadership team

3. Financial Planning and Analysis

 Oversee cash flow planning and ensure availability of funds as needed.

5. Planning, Policy, and Investor Relations

 Coordinate the development and monitoring of budgets.

6. Accounting and Administration

 Oversee the accounting department to ensure proper maintenance of all accounting

 Oversee preparation of month-end, quarter-end and year-end financial statements

10. Corporate Development

 Represent company in efforts with investment bankers and potential investors

11. Insurance/Real Estate/Legal Affairs

 Manage the company’s insurance program

II / Job specification of Chief Financial Officer - CFO job description

1. A minimum of a BS; a CPA and/or MBA would be a plus.

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