Chief Financial Officer for our Pharma Client
il y a 2 jours
We have a good opportunity for Chief Financial Officer with our Pharmaceutical Client to be based in Oran, Algeria.
Position:
Chief Financial Officer (CFO)
City:
Oran, Algeria
Reports to:
CFO of the India-based parent company and GM Algeria.
Job Description-
Key Responsibilities:
1. Financial Strategy and Planning:
- Develop and execute financial strategies that align with the Parent Company's goals and the
- subsidiary's business objectives.
- Provide financial forecasts, budgets, and strategic plans to guide decision-making.
- Monitor key performance indicators (KPIs) and recommend actionable measures.
2. Financial Reporting and Compliance:
- Ensure accurate and timely financial reporting in accordance with local GAAP, IFRS, and Parent company guidelines.
- Liaise with auditors, tax authorities, and regulatory bodies to ensure compliance with local laws and
- international standards.
- Prepare financial statements and reporting packages for submission to the parent company.
- Implement robust internal controls to safeguard the company's assets and financial integrity.
3. Treasury and Cash Flow Management:
- Manage the subsidiary's treasury operations, including cash flow planning, banking relationships, and working capital optimization.
- Ensure efficient currency management and compliance with foreign exchange regulations.
4. Cost Optimization and Operational Efficiency:
- Drive cost control initiatives to optimize profitability and improve operational efficiency.
- Analyze cost structures and identify opportunities for value creation and process improvement.
5. Collaboration with Parent Company:
- Act as a key liaison between the Algeria subsidiary and the India-based parent company's finance team.
- Align financial processes, policies, and reporting standards with the parent company's requirements.
- Provide regular updates and insights to the parent company's CFO regarding financial performance and challenges.
6. Leadership and Team Development
- Lead and mentor the local finance team to build a high-performing department.
- Foster a culture of accountability, collaboration, and continuous learning.
7. Strategic Business Partnering:
- Collaborate with local business leaders to support strategic initiatives and business growth.
- Provide financial insights to support decision-making on investments, expansions, and other key projects.
Qualifications:
- Education: Chartered Accountant (CA), Certified Public Accountant (CPA), MBA in Finance, or equivalent qualification.
Experience:
- Minimum of 12-15 years of experience in finance, with at least 5 years in a senior leadership role.
- Experience in multinational companies, preferably in the manufacturing or pharmaceuticals sector.
- Familiarity with Algerian financial regulations and international reporting standards.
Skills:
- Strong financial acumen and strategic thinking.
- Excellent communication and interpersonal skills to engage with cross-functional teams and global stakeholders.
- Proficiency in ERP systems (SAGE) and financial tools.
- Fluency in English and French (preferred).
Key Relationships:
- Reports to: CFO of the India-based parent company and GM Algeria
- Direct Reports: Local finance and accounting team (Headcount 3 currently).
- Internal Stakeholders: General Manager, Operations, Sales, and HR teams in Algeria.
- External Stakeholders: Auditors, tax authorities, banks, and local regulatory bodies.
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