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 companys shortterm and longterm 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 companys adherence to all applicable laws and guidelines.
- Conducted financial analysis forecasted financial trends and provided recommendations to senior management for effective decisionmaking.
- Oversee the preparation review and management of budgets across various departments.
- Monitor actual performance against budgets identify costsaving 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 uptodate with changes in accounting regulations and IFRS and assess their impact on the companys 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 companys 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 companys financial strategy and longterm 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 companys cash flow including shortterm liquidity requirements and longterm investment strategies.
- Optimize working capital management ensuring the companys 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 companys financial operations.
Qualifications: - Bachelors 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.