Finance

Finance Head – Job DescriptionKey Responsibility Areas (KRA)Financial Planning

& Budgeting·       Prepare annual financial plans and budgets.

·       Define revenue targets and expense limits.

·       Monitor financial performance against budget.

·       Support management in financial decision-making.

Cash Flow

Management·       Monitor company cash inflow and outflow.

·       Maintain sufficient liquidity for operations.

·       Plan fund allocation for salaries, vendor payments, and expenses.

·       Monitor cash flow forecast regularly.

Receivable & Payable Control·       Monitor outstanding receivables from clients.

·       Ensure collections happen according to payment terms.

·       Track vendor payables and payment schedules.

·       Ensure healthy balance between receivables and payables.

Financial Reporting

& Analysis·       Review Profit & Loss statements.

·       Review cash flow reports.

·       Review receivable aging reports.

·       Review payable reports.

·       Review department-wise expense reports.

·       Provide financial insights to management.

Project Profitability Monitoring·       Track profitability of each project.

·       Compare estimated vs actual project costs.

·       Identify cost overruns.

·       Provide margin analysis for management review.

Cost Control & Expense

Monitoring·       Monitor company expenses regularly.

·       Identify unnecessary expenses.

·       Recommend cost optimization strategies.

Compliance &

Audit Management·       Ensure compliance with financial regulations.

·       Coordinate internal and external audits.

·       Maintain statutory financial records.

Financial Risk Management·       Identify financial risks in operations.

·       Monitor large financial commitments.

·       Ensure financial controls are followed.

Strategic Financial Support·       Support management in expansion planning.

·       Evaluate investment opportunities.

·       Assist with funding or capital planning if required.