Finance Head

Finance Head
Job Scope Role Description
• Financial Accounting • Is the lead finance business partner for the organization and has
• Financial and Management Accounting and Reporting responsibilities covering all aspects of financial management, performance
• Budget and Cost Management management, financial accounting, budgeting, corporate reporting etc.
• Has sound technical as well as management skills and is able to lead a
team consisting of finance professionals with varied, in-depth or niche
technical knowledge and abilities; consolidating their work and ensuring
its quality and accuracy, especially for reporting purposes.
• Is expected to provide sound financial advice and counsel on working
capital, financing or the financial position of the organization by
synthesizing internal and external data and studying the economic
environment.
• Has a key role in implementing best practices in order to identify and
manage all financial and business risks and to meet the organization’s
desired business and fiscal goals.
Managed by: • Is expected to have a firm grasp of economic and business trends and to
implement work improvement projects that are geared towards quality,
At DHC – Head of Finance
compliance and efficiency in finance.
At Property - Property Head

Measurement
Financial and Budget Reporting Cycle Brand Behavior
Times
Payment and Reporting Error Rates

Statutory Compliance
Finance Head
Competencies and Levels

Technical Competency Level Technical Competency Level Technical Competency Level

Accounting Standards 5 Financial Planning 4 Transfer Pricing 4

Accounting and Tax Systems 4 Financial Reporting 5

Audit compliance 4 Financial Reporting Quality 6

Audit frameworks 5 Financial Statements Analysis 5

Business Acumen 3 Group Accounting and Consolidation 5

Business Innovation and Improvement 4 Internal Controls 4

Business Planning 5 Non-Financial Reporting 4

Conflict Management 4 Professional and Business Ethics 5

Corporate and Business Law 5 Professional Skepticism and Judgment 4

Cost Management 4 Professional Standards 5

Critical Core Skill Level
Data Analytics 3 Project Management 4
Communication Advanced
Digital Technology Adoption and 4 Regulatory Compliance 4
Innovation Resource Management Intermediate
Regulatory Risk Assessment 4
Digital Technology Environment Scanning 4 Managing Diversity Intermediate
Stakeholder Management 4
Finance Business Partnering 4 Leadership Advanced
Tax Implications 4
Financial Management 4 Interpersonal Skills Intermediate
Finance Head
Critical Work Functions
Manage the organization’s
financial accounting and
corporate reporting functions
Key Tasks Property DHC
Manage a documented system of accounting policies and procedures Implement Craft Finance
Supervise and review the preparation of consolidated financial statements, business √ Oversee Finance
activity reports and forecasts for management and external stakeholders
Calculate accounting ratios relating to profitability, liquidity, efficiency and position √ Oversee Finance
Analyze the financial performance and position of the organization and develop suitable √ Craft Finance
accounting policies to meet reporting requirements Policies
Monitor changes and emerging trends in accounting standards and regulation √ Finance
Provide financial leadership and strategic thinking to support sustainable value-creation √ √ Finance
Appraise the financial performance and position of entities √ Oversee Finance
Evaluate the various valuation models used by standard setters √ Finance
Develop accounting policies that meet reporting requirements and align with business Implement √ Finance
models
Apply professional judgement to identify accounting treatments adopted in financial √ √ Finance
statements and assess their suitability and acceptability
Finance Head
Critical Work Functions
Support the organization as a
business partner
Manage strategic planning
initiatives
Manage the organization’s
management accounting and
budgeting functions
Key Tasks Property DHC
Analyze current market trends and provide strategic input to shape the organization’s √ Guide Finance
key financial decisions
Analyze, compile and present management information for managerial decision making √ Oversee Finance
Review the valuation of business and financial assets using different models Calculate Review Finance
Analyze and assess the impact of investment decisions on the financial position of the √ Oversee Finance
organization.
Identify and calculate both financial and non-financial performance measurements for √ Design Finance
reporting on the organization’s performance Reporting
Determine and apply marginal and absorption standard costing concepts to calculate √ Craft Finance
costs variances and profit variances Policy
Interpret, investigate and report to management on variances, as well as develop a full √ Oversee Finance
understanding of the inter-relationships between variances
Adopt and promote Corporate Social Responsibility (CSR) reporting and its assurance √ √ Finance
using emerging frameworks to move towards an integrated reporting model combining
financial and non-financial information
Evaluate current developments, such as sustainability rating systems, new frameworks √ Finance
and their potential impact on performance measurement and reporting
Prepare for the use and implementation of integrated reporting √ Finance
Finance Head
Critical Work Functions
Support internal and external
audit activities
Drive the use and integration of
information technology within
the organization’s finance
function
Key Tasks Property DHC
Plan and coordinate the annual financial audit process √ Internal Audit
Respond to internal and external auditors on audit data, variances and audit findings √ Check Finance
Implement policies and procedures with emphasis on internal controls to prevent √
possible fraud and errors
Resolve issues and deficiencies arising from audit findings √
Use management information systems strategically for effective management and √ Oversee Finance
control of the business
Use data mining and new analytical methodologies √ Oversee Finance
Identify and adopt business intelligence tools to analyze financial data and information √ Finance
Evaluate the effectiveness of the organization’s financial system and determine any √ Finance
areas of improvement
Ensure the appropriate set up of accounting rules in the organization’s financial system √ Finance
Adopt cloud computing for the business √ Finance