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Head Of Finance (Banking)

Excellent Fortune Development Group
Recruiter active 19 hours ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Full Time
Verified This job has been verified by the company as a real job vacancy.
17 Aug 2021

Experience level

Manager

Job Function

Finance, Accounting

Min Education Level

Bachelor Degree

Job Description

Head of Finance
Reporting to the Managing Director (MD), the Head of Finance is accountable for accurate reporting of financial results and managing the bank’s financial affairs. 
Job Description
•    Managing the financial reporting for the organization. This includes monthly financial reporting, budgeting and forecasting, 5 year financial plans and all statutory financial reporting
•    Overseeing the financial operations and financial planning of a bank
•    Oversee the financial strategic planning of the banking by evaluating its performance and potential risks
•    Play a key role in the formulation of the business's strategy
•    Perform regular financial analysis
•    Develop budgets that meet the requirements of banking departments
•    Establish targets and manage all accounting and finance employees including management accountants and internal auditors
•    Supervise all audit and internal control processes
•    Prepare detailed reports on the bank’s financial performance
•    Guarantee compliance with financial laws and guidelines
•    Recognize patterns in bank spending, revenue, and recommend solutions to any problem areas
•    Coordinate with external financial entities on behalf of the bank
•    Managing hedging and foreign currencies (if relevant)
•    Managing the External Auditor relationship and ensuring the organization is compliant with accounting standards
•    Managing and tracking budget and accounting information including billing, collections, and tax information
•    Adherence to accounting standards and practices of Myanmar, International accounting standards, IFRS and Group accounting policies
•    Manage & train the team for improvement in productivity

Open To

Male/Female

Job Requirements

•    Must have Bachelor's Degree in Accounting/ Finance or related field (MBA preferred)
•    Have professional accounting qualification such as CA or CPA or ACCA or CIMA

•    Have experience in Central bank Financial work flow

•    At Least 7+ years' experience in related in Banking sector
•    Must Have time management skills and able to have problem solving skills
•    Good in interpersonal skills, communication skills and leadership skills
•    Have excellent knowledge of rules and regulations on complex accounting issues
•    Ability to lead demonstrate a strong sense of integrity, ethics and undependability
•    Professional written and oral communication skills in English and Myanmar
•    Strategic thinking, planning and creative problem-solving skills

•    Must have Financial software and system  implementation

 

What We Can Offer

Benefits

OT

Highlights

Make a difference

Career Opportunities

Management Potential

About Our Company

Excellent Fortune Development Group Co., Ltd. (EFD Group) is a Myanmar conglomerate with a diversified portfolio of businesses in the fields of Financial, Real Estate, Mining, Agriculture and Industrial. EFD Group is one of six conglomerates in Myanmar that holds multiple financial licenses issued by the Central Bank of Myanmar, including banking, insurance, finance and microfinance licenses.

Guided by our motto of “Driven to Excellence”, we look to cooperate with domestic and foreign business partners to capture the opportunities to contribute to the development of Myanmar. With our access to local human and natural resources, we intend to introduce advance technology and modern management to enhance the business benefitting our business partners and the community.

At the same time, EFD group also set up a charitable foundation for schools and monasteries to organize charitable activities and donations. This is part of corporate social responsibility and contributes to causes such as social welfare, health care, public education, rural development, disaster prevention, disaster relief and reconstruction.

EFD Group embraces cooperation and seeks win-win solutions so as to achieve the Group’s mission of leading the social revival and economic development of Myanmar.

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Experience level

Manager

Job Function

Finance, Accounting

Min Education Level

Bachelor Degree

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