CHIEF FINANCIAL OFFICER – Location: Oradea/Cluj Napoca

Psihoselect performs the recruitment process for a national IT partner company for the following position:

CHIEF FINANCIAL OFFICER

Location – Oradea/Cluj-Napoca

Role: Responsible for the financial health of a company or organization, Chief Financial Officer distributes the financial resources being responsible for the budget planning, and part of the executive management team, by offering insights and financial advice that will allow them to make the best business decisions for the company. Producing financial reports and developing strategies based on financial research and forecast. Guiding senior executives in making sound business decisions in the long and short term. In direct contact with the Group, in order to be align with the financial strategy.

Essential Functions:

Coordinate the organization’s financial and budget activities to fund operations, maximize investments and increase efficiency;
Monitor the day-to-day financial operations within the company, such as invoicing, payroll, and all financial transactions;
Oversee financial department employees, including financial accountants and business controller, coordinating the finance department;
Reporting to CEO (hierarchical), functional reporting line to Group CFO, providing advice on how the company and future business decisions might be impacted;
Contract outside services for tax preparation, auditing, banking, investments and other financial needs as necessary;
Track the company’s financial status and performance to identify areas for potential improvement;
Seek out methods for minimizing financial risk to the company;
Oversee the flow of cash or financial instruments;
Prepare financial or regulatory reports required by laws, regulations, or boards of directors;
Develop or analyze information to assess the current or future financial status of firms;
Communicate with stockholders or other investors to provide information;
Evaluate financial reporting systems, accounting and collection procedures, and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions;
Managing planning & control cycles (actuals, budget, forecast, 5-year plan);
Analyze and classify risks and investments to determine their potential impacts on companies;
Review collection reports to determine the status of collections and the amounts of outstanding balances;
Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping;
Plan, direct, and coordinate risk and insurance programs of establishments to control risks and losses;
Research and analyze financial reports and market trends;
Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making;
Review financial data and prepare monthly and annual reports;
Present financial reports to board members, stakeholders, executives, in formal meetings;
Establish and maintain financial policies and procedures for the company;
Understand and adhere to financial regulations and legislation.

Qualifications, Knowledge, Skills and Abilities required:

+ 5 years’ experience as Chief Financial Officer or related positions, 12-15 years relevant working experience;
Very good experience and exposure to financial operations in services companies;
Experience in international business environment;
Bachelor’s Degree in Business, Accounting, Finance or related discipline;
Experience with IFRS reporting framework;
Proficiency using ERP type systems and Microsoft Office Suite and other relevant database programs;
Relevant skills in finance, budgeting, cashflow and reporting;
Abilities to understand complex operational processes;
Experience with creating financial statements;
Thorough knowledge of accounting principles and procedures;
Experience with general ledger functions and the month-end/year end close reports;
Excellent written and verbal communication skills: including facilitation, business writing and listening in English language;
Strong interpersonal and communication skills, and ability to manage and develop a team;
Ability to work closely with a senior management team;
Excellent organization and project management skills;
Strong attention to detail and quality output;
Solid business planning skills, with ability to adapt to changes in priorities and procedures in a fast-paced, dynamic environment;
Demonstrated ability to analyze data, make sound observations, and implement solutions;
Strong analytical skills and decisive decision-making skills: interested in “figuring out” solutions to problems or methodology for improved deliverables;
Positive result driven and hands on attitude.