Head of Finance (1 Position)

Reports to: Deputy CEO
Department: Finance Department
Location: Head Office

The Head of Finance will oversee the financial operations of Bank Usahawan, ensuring sound financial management, regulatory compliance, and strategic planning to achieve business growth. This role requires a forward-thinking leader with expertise in finance, risk management, and MSME banking operations. The Head of Finance will drive financial sustainability, optimize resources, and support the bank's mission to provide access to financial services for the MSME sector in Brunei.

KEY RESPONSIBILITIES:
1. Financial Strategy & Planning:
- Develop and implement the financial strategy aligned with the bank's overall business objectives.
- Provide financial forecasts, budgets, and cash flow management strategies.
- Monitor financial performance and recommend strategies for revenue growth and cost optimization.

2. Financial Management & Reporting:
- Prepare accurate and timely financial statements, reports, and analyses.
- Ensure compliance with accounting standards, internal policies, and regulatory requirements.
- Manage the budgeting process and ensure adherence to approved budgets.

3. Risk Management & Compliance:
- Identify financial risks and develop mitigation strategies.
- Ensure compliance with relevant regulations, tax laws, and other statutory requirements.
- Liaise with regulatory bodies, auditors, and other external stakeholders.

4. Treasury and Liquidity Management:
- Oversee cash flow management and ensure adequate liquidity for operational needs.
- Optimize investment strategies and manage funding requirements.
- Build and maintain relationships with investors, other banks, and other funders.

5. Leadership & Team Development:
- Lead and mentor the finance team, fostering a culture of accountability and excellence.
- Develop training programs to enhance the team's financial acumen and performance.
- Collaborate with other departments to align financial goals with operational activities.

6. Strategic Contribution:
- Act as a key advisor to the CEO and executive team on financial matters.
- Contribute to business planning, mergers, acquisitions, and partnerships.
- Support the development and implementation of innovative MSME products.