Back to jobs

CHIEF FINANCIAL OFFICER (CFO)

thehivecareers
Full-timelead

Job description

Job Description: Chief Financial Officer (CFO) Industry: Banking, Financial Services, Insurance, Investment Job Type: Full-Time Reporting To: Chief Executive Officer (CEO) / Board of Directors Job Summary The Chief Financial Officer (CFO) is responsible for managing the organization's financial strategy, planning, and operations. This role oversees financial performance, reporting, risk management, and capital allocation, ensuring the organization's financial health and compliance with regulatory requirements. The CFO works closely with the CEO and executive leadership to drive business growth, optimize profitability, and support strategic decision-making. Key Responsibilities 1. Financial Strategy & Planning Develop and implement financial strategies aligned with organizational objectives Support long-term strategic planning, investment decisions, and business expansion Provide financial insights to guide executive decision-making Oversee capital structure management and funding strategies 2. Financial Operations & Reporting Manage accounting, treasury, budgeting, and financial reporting functions Ensure timely and accurate financial statements and management reports Monitor and analyze key financial metrics, including ROE, ROA, and liquidity ratios Oversee forecasting, scenario planning, and variance analysis 3. Risk Management & Compliance Oversee enterprise risk management including credit, market, liquidity, and operational risks Ensure compliance with regulatory standards and reporting requirements (central bank, securities regulator, insurance authority) Collaborate with internal audit, compliance, and risk teams Maintain strong internal controls and governance frameworks 4. Financial Performance & Profitability Drive cost management, operational efficiency, and profitability Evaluate business performance and ROI of investments, projects, and acquisitions Optimize capital allocation and working capital management Support mergers, acquisitions, and strategic partnerships 5. Leadership & Team Management Lead and mentor finance and accounting teams Promote a high-performance, collaborative finance culture Oversee succession planning, talent development, and workforce strategy Foster cross-functional collaboration with other business units 6. Stakeholder Management Serve as primary liaison with investors, auditors, regulators, and banks Communicate financial performance, forecasts, and strategy to Board and executive leadership Build and maintain relationships with external stakeholders including rating agencies, auditors, and financial institutions Key Requirements Education Master's degree in Finance, Accounting, Economics, or Business Administration (MBA preferred) Professional certifications such as CFA, CPA, or ACCA are highly desirable Experience 12–18+ years of experience in financial leadership roles within banking, financial services, insurance, or investment sectors Proven experience as CFO, Finance Director, VP of Finance, or equivalent Strong track record in financial planning, reporting, risk management, and strategic decision-making Skills & Competencies Strategic financial planning and analytical skills Strong knowledge of banking, insurance, investment, and regulatory frameworks Risk management and compliance expertise Leadership and people management Excellent communication and stakeholder engagement skills Decision-making and problem-solving ability Key Performance Indicators (KPIs) Financial performance (profitability, ROE, ROA, cost-to-income ratio) Budget adherence and forecasting accuracy Compliance and audit results Capital allocation efficiency Risk mitigation and internal controls Stakeholder satisfaction Preferred Attributes Experience in digital finance, fintech, or automation initiatives Exposure to multinational or complex financial institutions Strong network with regulators, investors, and financial partners Ability to provide strategic insights for business growth in a highly regulated environment Compensation & Benefits Competitive executive salary Performance-based incentives Long-term incentives (equity, stock options where applicable) Executive benefits and allowances