Chief Financial Officer

10.01.2010 | Posted in Chief Finance Officer

Herbion Pharmaceuticals are looking for experienced and seasoned Chief Financial Officer

Professional Qualification: CA

Job Description:

Supervise all functions of accounts and finance department.
Ensuring timely submission of monthly, quarterly and half yearly & yearly Management Accounts (including consolidated accounts of group) to the Board of Directors as per the current deadline provided to the finance department with comments on the financial performance review of the Company and recommendations for improvements wherever required;
Monitoring & comments on the profitability of group subsidiaries.
Effective Liaison with internal departments of the Company along with company subsidiaries to gather information for preparation and timely submission of Group Annual budget;
Responsible to critically monitor the monthly expense budget of all operating locations & release of subsequent payment against the budget expense claims;
Critical financial analysis and reporting on monthly, quarterly and annual basis to the Board of Directors of cash flows and comparison with actual vs. budgeted accounts/cash flow.
Liaison with banks, leasing companies and other financial institutions for arranging financing facilities for the Company to meet its working capital requirements, placement of assets as well as long term funds requirement for expansion purposes and investment of any surplus funds to maximize returns.
Review of bank position to finalize proper fund placement on regular basis.
Providing management with effective guidelines on controlling cost and taking measures to reduce cost wherever practically possible;
Review of product cost on monthly basis and suggesting improvements to control/ reduce cost wherever practically possible;
Monitoring of trademarks, patents and copyright issues of Company’s products and liaison with the concerned lawyer on timely basis;
Comments & suggestions on group pricing structure including “transfer pricing issues”.
Review of existing internal control system and suggesting improvements wherever required;
Putting financial controls in place wherever deemed necessary;
Providing time to time guidance to all members of finance department in effective discharge of their duties and to maintain financial discipline;
Ensuring that Company utilizes maximum benefits as per the policies announced by Trade Development Authority of Pakistan (TDAP) formerly Export Promotion Bearue (EPB);