Job Description
Bank of Maldives is seeking a highly skilled and experienced Chief Financial Officer (CFO) who will be responsible for the fiscal health of the organization and who possesses strong financial acumen, strategic thinking and exceptional leadership skills. The successful candidate will work closely with the CEO and executive management and play a key role in shaping the future of the organization and driving sustainable growth.
As the CFO you will:
• Develop and implement the Bank’s financial strategy as part of the overall business strategy and ensure the finance function works in partnership with the business to deliver key strategic objectives
• Be responsible for the overall direction, control and planning for the finance, accounting, tax, audit, budget, and treasury functions.
• Manage the overall financial planning of the organization with direct responsibility for accounting practices, the maintenance of fiscal records and the preparation of financial reports.
• Implement and maintain best international standards of asset, liability, capital and liquidity management.
• Strive to achieve a high level of efficiency in all areas of operation and maintain an environment of strict cost control which will provide the basis for funding a product range which meets the financial needs and aspirations of customers.
• Provide budgeting guidance to business leaders and ensure the budgeting process meets the overall business plan and strategy.
• Recommend appropriate policies and procedures for internal controls and in compliance with international accounting standards, legal and regulatory requirements and industry best practices.
• Present financials and other reports to the Board of Directors.
To be successful in this role you will ideally have:
• A minimum of 10 years of senior management experience in financial management, preferably as a CFO or Financial Controller in the financial services industry
• Proven asset, liability, capital, liquidity and risk management experience in a financial services environment
• A detailed knowledge of IFRS +, IAS 3+, Basel requirements and methodologies
• Excellent planning, analytical, strategic thinking and leadership skills
• A Master’s degree in Accounting, Finance or equivalent qualification
• A professional certification such as ACCA, CIMA or CPA
An attractive executive remuneration package and benefits package will be provided. This will be negotiable based on experience and personal circumstances.
As the CFO you will:
• Develop and implement the Bank’s financial strategy as part of the overall business strategy and ensure the finance function works in partnership with the business to deliver key strategic objectives
• Be responsible for the overall direction, control and planning for the finance, accounting, tax, audit, budget, and treasury functions.
• Manage the overall financial planning of the organization with direct responsibility for accounting practices, the maintenance of fiscal records and the preparation of financial reports.
• Implement and maintain best international standards of asset, liability, capital and liquidity management.
• Strive to achieve a high level of efficiency in all areas of operation and maintain an environment of strict cost control which will provide the basis for funding a product range which meets the financial needs and aspirations of customers.
• Provide budgeting guidance to business leaders and ensure the budgeting process meets the overall business plan and strategy.
• Recommend appropriate policies and procedures for internal controls and in compliance with international accounting standards, legal and regulatory requirements and industry best practices.
• Present financials and other reports to the Board of Directors.
To be successful in this role you will ideally have:
• A minimum of 10 years of senior management experience in financial management, preferably as a CFO or Financial Controller in the financial services industry
• Proven asset, liability, capital, liquidity and risk management experience in a financial services environment
• A detailed knowledge of IFRS +, IAS 3+, Basel requirements and methodologies
• Excellent planning, analytical, strategic thinking and leadership skills
• A Master’s degree in Accounting, Finance or equivalent qualification
• A professional certification such as ACCA, CIMA or CPA
An attractive executive remuneration package and benefits package will be provided. This will be negotiable based on experience and personal circumstances.
💡 Quick Summary
Seeking a career-building opportunity? The Chief Financial Officer |relocate to Maldives| | Mumbai| IN position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
