1.       Planning

a.       Ensure issuance of approved annual budget before the commencement of the financial year.

b.      Issuance of forecast / projections during the year in case there is a substantial change from the approved budget.

c.       Compile a long term strategic plan for 3 & 5 years which should be updated at the end of every financial year.

d.      Cash flow planning to assess & arrange Company’s financing needs on monthly basis to ensure smooth operations of the organization.

e.      Assist in formulating the company's future direction and supporting tactical initiatives

f.        Develop financial and tax strategies.

g.       Develop performance measures that support the company's strategic direction.

2.       Operations

a.       Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.

b.      Ensure succession planning for key positions in Finance department.

3.       Risk Management

a.       Understand and mitigate key elements of the company's risk profile.

b.      Monitor all open legal issues involving the company, and legal issues affecting the industry.

c.       Report risk issues to the audit committee & board of directors.

d.      Ensure that the company complies with all legal and regulatory requirements.

e.      Ensure all assets of the Company are adequately insured and secured.

4.       Third Parties

a.       Participate in conference calls with the senior management and stakeholders

b.      Manage ongoing banking relationships for maximum efficiency.

5.       Reporting

a.       Handling of external audit to ensure timely issuance of Annual Audited Financials.

b.      Issuance of monthly financials (MIS) within first week of the close of the month.

c.       Develop a system to ensure availability of information relating to costing in assisting the management to take timely & correct pricing decisions.

d.    Compilation and timely filing of information to meet all statutory requirements. 

Job Details

Industry:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
Thokar Niaz Baig, Lahore, Pakistan
Gender:
No Preference
Age:
35 - 60 Years
Minimum Education:
Bachelors
Degree Title:
Chartered Accountant /ACCA/CPA
Career Level:
Department Head
Experience:
10 Years - 20 Years (Proven experience in finance and accounts handling RICE/FMCG Industry . Five or more years of experience on Chief Accountant position. Relevant experience in audit and costing is advantageous)
Apply Before:
Apr 28, 2017
Posting Date:
Mar 28, 2017

Reem Rice Mills (Pvt) Ltd

Manufacturing · 101-200 employees - Lahore

Reem Rice Mills (Private) Limited, established in Lahore back in 1994, is a multinational endeavor between two renowned international groups. In 1995 the mills became fully functional and with unwavering determination, Reem Rice was all set to give quality rice a whole new definition. Reem Rice has taken every step to ensure quality and have used high end technology for processing its exceptional Basmati rice. At present, Reem Rice has focused its expertise on the production of the finest varieties from the natural, aromatic paddy of Punjab- that are directly purchased from local growers. Reem Rice is keenly interested in developing valuable and long-lasting partnership with its valued customers.

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