Chief Finance Officer /CFO

Design And Engineering Systems Pvt Ltd

Lahore , Pakistan

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PKR. 250,000 - 350,000/Month

Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
Work with the President/CEO on the strategic vision, including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
Participate in developing new business, specifically: assist the CEO and COO in identifying new funding opportunities, drafting prospective programmatic budgets, and determining cost-effectiveness of prospective service delivery.
Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
Make different SOPs for the smooth working of the company.
Ensure adequate controls are installed and that substantiating documentation is approved and available so that all purchases may pass independent audits.
Interpret legislative and programmatic rules and regulations to ensure compliance with all federal, state, local, and contractual guidelines.
Ensure that all government regulations and requirements are disseminated to appropriate personnel.
Monitor compliance.
Oversee the management and coordination of all fiscal reporting activities for the organization, including: organizational revenue/expense and balance sheet reports, reports to funding agencies, and development and monitoring of organizational and contract/grant budgets.
Oversee all purchasing and payroll activity for staff and participants.
Develop and maintain systems of internal controls to safeguard the financial assets of the organization and oversee federal awards and programs. Oversee the coordination and activities of independent auditors ensuring the organization’s Annual Audits.
Monitor banking activities of the organization.
Responsible for Financial Management Reporting.
Ensure financial management reporting tools and processes are in place to support the ongoing and future needs of the business.
Develop and prepare a monthly Management Reporting Package.
Present monthly and year-to-date financials with accompanying analysis of results.
Ensure adequate cash flow to meet the organization's needs.
Develop regular reporting and analysis, including key metrics reports, and conduct ad hoc financial analysis as required.
Serve as one of the trustees and oversee the administration and financial reporting of the organization's Savings and Retirement Plan.
Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
Oversee the production of monthly reports, including reconciliations of Projects planned expenses/costs vs actual expenses/costs, as well as financial statements and cash flow projections for use by executive management.
Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
Oversee the maintenance of the inventory of all fixed assets, including assets purchased with government funds (computers, etc.), assuring all are in accordance with federal regulations.
Supervise staff, including regular progress reviews and plans for improvement.
Communicate effectively in both written and verbal form.
Ensure that every subordinate is working as per defined JDs.
Manage all the accounts and finance activities, and ensure the data of your subordinate is your responsibility.