Vacancy Announcement for Head Corporate Finance

JOB TITLE: HEAD CORPORATE FINANCE

JOB PURPOSE

To implement the financial policies with reference to financial management and accounting. To exercise cost control initiative, review of finances of associate companies (domestic), and oversee tax , internal insurance and audit affairs.

RELATIONSHIPS

Direct : GCFO (Scope: Domestic Investments), CFO for Mfg. (Scope: F&B, B&C, Elect) 

Upper: President and Managing Director/ ED (for domestic projects)

Lateral : BUHs, Business Associates and partners (domestic), Advisors and consultants , 

Downwards: Head – Commercials, Internal Auditors, Internal Insurance Resource, Members-Corporate Finance Team 

Application Deadline: 28th February 2014

KEY VALUES

Proactive, bold, tactful, integrity, Truthful, self propelling, Confidential and trustworthy, reliable 

JOB RESPONSIBILITIES

Managerial

1. Formulate & implement the strategies for the finance function of the organization.

2. Work towards maximizing profit and returns on investments for the organization. 

3. Be the company’s face for domestic investments thereby maintaining professional relationships as well as monitoring performance . 

4. Ensure all necessary compliance and audits as per calendar. 

5. Implement new systems and bring innovations in the field of financed and accounting. 

6. Facilitate learning and development for all the team members in the division and ensure secession planning. 

7. Any other task as assigned by the management.

Operational

1. Review financial performance of all Nepal businesses and CGFI & Implement cost control  measures for the company & Business Units

2. Finalization of Company accounts including the sign off from the statutory auditors.

3. Consolidation of Financial statement for the group.

4. Consolidation / Custodian of MIS

5. Finalization and tracking of corporate budgets

6. Monthly monitoring of budgets with the actual & suggesting corrective actions. 

7. Constantly monitor weighted expenditure & take corrective actions. 

8. Capital investment / Project investment authorization and control (Note: Final sanctions by PMD)

9. Get involved in operational financial issues of cross functional nature & suggest solutions for the same. 

10. Mobilize funds for the company including negotiations with financial institutions.

11. Plan long term & short term financial requirements and raising the requisite finances. 

- Working capital management for the Group

- Withdrawals,

- Inter unit transfers

- Monitor Cash Flows

- Monitor Debtors and recoveries 

- Timely payment of creditors

12. Improve the investor perception of the company for domestic investments 

13. Diligently track and monitor performance of domestic investments and maintain professional relationships with partners , associates. 

14. Ensure timely audits and take all necessary follow up and actions. 

15. Oversee Internal Insurance affairs.

16. Necessary agreements/ MOUs drafting , negotiating and review for the group 

17. Evaluation of new projects, cash planning for new and existing projects for domestic investments.

18. Scan for opportunities of investments and plan and propose to the management accordingly 

19. Maintaining all necessary government relations through GR/PR Department

20. Develop appropriate systems of corporate governance

21. Ensure a proper system of corporate governance

22. Monitor overall financial performance of the Group.

23. Any other task as assigned by the management.

Interested Candidates who meets the above criteria are requested to submit their resume to: ujjwal.bista@chaudharygroup.com   by 28th February 2014.