Lead the organization’s Finance Division as a demutualized self-regulatory organization, ensuring compliance with all applicable acts, rules and directives.
Oversee all financial operations, including taxation, VAT, regulatory filings, and external audit requirements.
Ensure adherence to International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), and the Companies Act, 1994.
Ensure accurate and timely financial reporting (internal and statutory), maintain compliance with applicable financial regulations and standards (e.g., IFRS, GAAP) and liaise with external auditors and regulatory bodies.
Design and implement robust MIS and ERP-integrated financial control systems. Oversee implementation of financial systems. (ERP, BI tools), leverage data analytics for better financial decision-making and ensure cybersecurity and integrity of financial data.
Ensure integration of technology, cybersecurity, and digital transformation aspects within the accounting and financial framework. Support the organization’s digitalization initiatives by embedding technology-focused control practices.
Support digitalization and modernization of financial systems aligned with the organization’s strategic roadmap.
Monitor internal financial controls, drive audit preparedness, and ensure transparency in financial disclosures.
Advise the Managing Director and Board on financial risks, investment decisions, and capital utilization. Also provide support to the Audit Committee and Risk Management Committee with timely and accurate financial information, internal control updates, and risk assessments. Serve as a key member of the executive team and advisor to the MD/Board, lead the finance and accounts teams and support corporate governance, especially in audit, remuneration, and risk committees.
Establish and monitor a whistleblower and ethical compliance mechanism that safeguards against conflict of interest, interference by market participants, or compromise of management independence.
Monitor and manage cash flow to ensure the company can meet its obligations, optimize working capital and funding sources as well as develop treasury policies and oversee investments & financing
Identify financial risks (credit, liquidity, market, operational) and implement mitigation strategies, ensure appropriate insurance and risk transfer mechanisms and oversee internal controls and audit processes.
Lead cost reduction initiatives without compromising performance, analyze financial performance and identify areas for efficiency improvement and partner with business units to align operations with financial targets.
