Head Of Finance

About the Role

The role will be responsible for managing key financial functions including Banking & Treasury, Accounts Receivable & Collection, Costing, Budgeting & Financial Planning, and Cash Flow & Working Capital Management . The ideal candidate will combine strong financial knowledge with hands-on experience in Corporate Banking, Credit, Bank Relationship Management, Financial Analysis, Cash Flow Management, and Working Capital .

This is a hands-on management role for a finance professional who can understand the numbers, challenge assumptions , identify risks, and translate financial information into practical business actions.

Key Responsibilities

Banking & Treasury Manage day-to-day banking activities and maintain strong relationships with banks and financial institutions. Monitor bank balances, facilities, financing requirements, maturities, and utilization. Prepare and monitor daily and weekly cash positions. Prepare short- and medium-term cash flow forecasts.

Follow up on loans, credit facilities, export financing, letters of credit, and bank guarantees. Coordinate with banks regarding transfers, financing, documentation, and facility requirements. Monitor financing costs, interest expenses, and bank charges. Identify potential liquidity gaps and recommend appropriate actions.

Accounts Receivable & Collection Manage the Accounts Receivable and Collection function. Monitor customer balances, aging, overdue receivables, and collection performance. Develop and monitor collection targets and forecasts. Analyze customer payment behavior and credit exposure. Coordinate with Sales and Commercial teams to resolve collection issues.

Monitor customer credit limits and payment terms. Develop action plans for overdue and high-risk accounts. Drive improvements in DSO and overall working capital performance. Costing & Profitability Manage product costing and ensure accurate cost information. Analyze raw materials, packaging, labor, utilities, storage, logistics, and other production-related costs.

Monitor actual costs versus budgeted or standard costs. Analyze production and cost variances and identify key cost drivers. Monitor product profitability and contribution margins. Support pricing and commercial decisions through accurate cost and margin analysis. Identify opportunities for cost optimization and operational efficiency.

Prepare profitability analysis by product, customer, market, or business segment when required. Budgeting & Financial Planning Coordinate the annual budgeting process across the organization. Prepare operating budgets, cash flow budgets, CAPEX plans, and financial forecasts. Review and challenge budget assumptions. Prepare monthly Budget vs.

Actual analysis. Identify significant variances and provide clear explanations and recommendations. Maintain rolling forecasts based on actual performance and business developments. Support scenario analysis and financial modeling for business decisions. Evaluate the financial impact of new projects, investments, and business initiatives.

Cash Flow & Working Capital Monitor and improve the company’s working capital position. Prepare rolling cash flow forecasts and monitor actual performance against forecast. Analyze the relationship between collections, supplier payments, inventory, and financing requirements. Identify opportunities to improve the company’s cash conversion cycle.

Monitor inventory levels and their impact on liquidity. Work closely with relevant departments to improve cash conversion and liquidity. Financial Analysis & Management Reporting Prepare financial analysis and management reports to support decision-making. Analyze profitability, liquidity, working capital, financing costs, and business performance.

Develop financial models, scenarios, and forecasts. Identify financial risks, trends, opportunities, and performance gaps. Provide clear and actionable financial insights to management.

Qualifications

& Experience : Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field. 8+ years of relevant experience in Finance, Banking, Credit, Treasury, or Financial Management. Strong previous experience in Corporate Banking / Credit / Bank Relationship Management is highly preferred. Proven experience dealing with companies, credit facilities, financing structures, and banking requirements.

Strong knowledge of cash flow management and working capital. Solid understanding of financial analysis, costing, budgeting, and forecasting. Experience in manufacturing, FMCG, food production, export, or a similar industry is an advantage. Strong Excel and financial modeling skills. ERP experience is preferred. Excellent analytical and problem-solving skills.

Strong organizational and time-management skills. High attention to detail and accuracy. Strong communication and negotiation skills. Ability to work under pressure and manage multiple priorities.