|
| POSITION DESCRIPTION | GENERAL INSURANCE INDUSTRY NOVEMBER 2008 |
 | | Position Title: |
Chief Financial Officer |
| Position Code: | 2305 | | Career Level: | 7 |
|
|
Responsible for
Establishing and controlling the financial systems and administrative services of the Company, and providing financial information to Chief Executive and Directors. |
| |
Reports To
Chief Executive/Managing Director. |
| |
Supervises
Finance, Accounting, and Administration staff. |
| |
Main Activities
Directing the establishment of Financial/Accounting principles, procedures and practices in the organisation, in line with legal and corporate requirements.
Collecting, analysing and providing accurate and timely financial reports and forecasts for the whole organisation so as to provide a clear insight into its financial condition.
Advising on the financial implications of management decisions, and establishing the financial soundness of proposed acquisitions and divestment of assets or businesses.
Ensuring that the profits of the organisation are protected through the establishment of effective financial controls; implementing and maintaining appropriate management accounting and reporting systems, budgetary controls and expenditure procedures.
Implementing policies to ensure the security of funds and assets, guiding the lodgement of tax and other returns to comply with all statutory requirements, and administering insurance cover and claims.
|
| |
Key Skills
Requires formal qualifications (AASA/ACA) and considerable practical experience in financial planning, reporting and control.
Sound knowledge of international exchange transactions and import/export activities. The ability to organise and control major accounting systems is also required.
|
| |
Internal Contacts
Functional Management, Company Secretary, Internal Audit, IT Manager. |
| |
External Contacts
Financial Institutions, Major Customers & Suppliers, External Auditors, Investment Advisers. |
| |
Typical Experience
At least 15 years practical experience in addition to tertiary qualifications. |
| |
Other Comments
The role administers and directs to meet statutory and corporate reporting requirements. The detail is largely delegated. |
| |
| |
| |
