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Chief Financial Officer

Location: Malta Salary: Salary Negotiable
Sector: Accountancy & Finance Job Type: Permanent
Shift Type: N/A Applications: 1
Posted: 12 months ago Reference: 3055456
REED Specialist recruitment are currently seeking a Chief Financial Officer to join a dynamic project in Business Aviation for a company whose focus is Luxury service.
The Chief Financial Officer provides both operational and programmatic support to the organization. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO reports directly to Chief Executive Officer (CEO) and directly assists the Chief Operating Officer (COO) on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.

Systems and Structure:
• A proven track record of rising bank finance from Private Equity.
• Ability to write, maintain and implement business plan and information of memorandum for potential investors.
• Review and establish an appropriate finance team to support the company.
• Lead, manage and develop the finance function and provide strategic direction and support accordingly.
• Support CEO with preparation of monthly and annual financial plans.
• Lead and develop the finance team’s capacity to most effectively service the finance needs of all business units.
• Develop and maintain appropriate financial systems, procedure’s and control for the finance function in accordance with internal control requirements and local legislative requirements.

Planning Budgeting and Strategy:
• Direct overall planning process for the finance operation.
• Provide strategic advice on the activities and financial performance of the operation.
• Prepare business plans and other investment decision models as required.

Financial Planning and Analysis

• Develop all financial modelling for the purposes of annual budgeting, debt and equity capital raisin.
• Oversee the implementation of the analysis of strategic financial business planning and tax strategies in order to control impact across the company.
• Develop, measure, and maintain key financial metrics.
• Prepare analysis and make recommendations for future planning and strategy to CEO and stakeholders, based on, but not limited to: current economic trends, company operations, identified efficiencies, cost benefit analysis, and the need for system enhancements.
• Develop and lead all company budgeting, forecasting, and reporting activities.
• Lead and manage the development of models and evaluations for acquisition and expansion prospects as well as fund expansion. Participate in the corporate policy development process as a member of the senior management team.

Financial Reporting:
• Oversee and/or prepare financial reports to all applicable units.
• Manage monthly and quarterly financial and management reviews with department heads and quarterly reporting for executive management.
• Oversee the management and coordination of all fiscal reporting activities, including but not limited to: company revenue/expense and balance sheet reports, funding agencies, and the development and monitoring of company and contract budgets.
• Analyse reports as needed, initiating corrective actions in order to minimize impact of variances.

Risk Management:
• Oversee annual review of insurance coverage in order to ensure appropriate coverage for the company
• Ensure proper controls and compliance, and that effective internal controls are in place and the company is in compliance with local regulations.
• Responsible for the development and continual improvement of internal controls; oversee annual audit and all external financial reporting.
• Oversee annual audit and all external financial reporting; including but not limited to annual audits and proper filing of tax returns.
• Maintain relationships with external auditors; review recommendations, implement corrections as needed.
• Oversee all agreements concerning financial obligations; approve all organizational actions requiring commitment of financial resources.
• Oversee Emergency Response Plan, which includes but is not limited to the development and implementation of a disaster recovery plan.

Qualifications & Preferred Skill Sets:
• 10+ years in progressively responsible financial leadership roles in financial services Bachelor’s degree in Accounting or Finance required, CPA preferred.
• Masters’ degree in business and/or finance in a related discipline preferred.
• Experience at the CFO level in an organization of a similar size and entrepreneurial style preferred.
• Demonstrated ability to raise capital, particularly in businesses that rely on access to debt capital.
• Ability to adapt to dynamic environment; proven change agent.
• High level of integrity with a commitment to transparent reporting and analysis.
• Hands-on experience leading and managing an accounting team.
• Experience with the implementation and use of computer based accounting and integrated financial reporting systems, with an exceptional understanding of how technology can be used effectively to improve operational efficiency
• Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff at remote locations essential.
• Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
• High level of dependability with a strong sense of urgency and results-orientation.

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