Chief Financial Officer

Key Areas of Responsibility

1. Strategy

• As a key business partner to the M.D, assess organizational performance against both the annual budget and Stars long-term strategy.
• Develop tools and systems to provide critical financial and operational information to the Management Team and make actionable recommendations on both strategy and operations.
• Engage the board finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.
• Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors).
• Oversee long-term budgetary planning and costs management in alignment with company strategic plan, especially as the organization considers potential acquisitions, and collaborations with external organizations.

2. Executive Management

• Serve as a member of executive leadership team.
• Participate in key decisions pertaining to strategic initiatives, operating model and operational execution.

3. Financial Planning and Analysis

• Prepare and maintain regular financial planning reports; Monthly profit and loss forecast by division (vs. budget); Weekly cash flow forecast.
• Complete analysis of financial results; Develop recommendations (strategic and tactical).
• Develop and execute analysis of various business initiatives (e.g., opening new operations, asset acquisition, new service launches).
• Develop and maintain capital budget.
• Assist in development of financial planning and analysis exercises/reports.
• Plan & manage foreign exchange risk.

4. Accounting Activities

• Oversee preparation of month-end, quarter-end and year-end financial statements.
• Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation.
• Enhance and implement financial and accounting systems, processes, tools and control systems
• Serve as final point of escalation for Accounts Receivable/Accounts Payable issues.
• Develop and manage accounting staff.
• Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

5. Cash Management

• Oversee weekly cash management; Approve weekly payables; Execute check signing
• Oversee AR management and provide support to collections activities.

6. Insurance/Real Estate/Legal Affairs

• Manage the company’s insurance program.
• Manage the company’s real estate affairs consisting of leases and sub-leases with various landlords; Negotiate new leases or lease renewals; Coordinate with real estate counsel.
• Manage the company’s legal affairs in the areas of cargo claims, bankruptcies and other small claims matters.

7. Finance

• Oversee cash flow planning and ensure availability of funds as needed.
• Oversee cash, investment, and asset management.
• Oversee financing strategies and activities, as well as banking relationships.
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.

8. Planning, Policy, and Investor Relations

• Coordinate the development and monitoring of budgets.
• Develop financial business plans and forecasts.
• Engage the finance committee of the board of directors to develop short, medium, and long-term financial plans and projections.
• Represent the company to financial partners, including financial institutions, investors, auditors, public officials, etc.
• Remain up to date on audit best practices and state and federal law regarding.

9. Accounting and Administration

• Oversee the accounting department to ensure proper maintenance of all accounting systems and function; supervise company finance staff.
• Ensure maintenance of appropriate internal controls and financial procedures.
• Ensure timeliness, accuracy, and usefulness of financial and management reporting for board of directors; oversee the preparation and communication of monthly and annual financial statements.
• Coordinate audits and proper filing of tax returns.
• Ensure legal and regulatory compliance regarding all financial functions.

10. Team Management

• Mentor and develop a team, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.
• Guide larger, cross-divisional teams outside of direct span of control within for main company.

Education and Background

Candidates should have a recognised qualification for CA/Masters / Bachelors Degree or equivalent level.

• A minimum of 10 to 15, years experience in a senior role. 
• Masters degree in Accounting, Finance or Business. 
• Up to date knowledge of current financial and accounting computer applications. 
• Excellent verbal, analytical, organizational and written skills.
• Should be a self starter
• Should be hands on
• Candidates who can join on immediate basis will be given preference.