DGM - Financial Job Description Template
The Deputy General Manager - Financial is a senior-level position responsible for leading and overseeing the organization's financial operations. The role encompasses strategic financial planning, budgeting, financial reporting, and ensuring compliance with financial regulations. The DGM - Financial plays a key role in optimizing financial performance and providing critical financial insights to support executive decision-making.
Responsibilities
- Develop and implement financial strategies to achieve organizational goals.
- Oversee the annual budgeting process and variance analysis.
- Prepare and review financial reports, ensuring accuracy and compliance with regulatory standards.
- Manage audits and coordinate with internal and external auditors.
- Monitor cash flow, financial forecasts, and funding requirements.
- Ensure compliance with financial laws and guidelines.
- Provide financial insights and recommendations to senior management.
- Supervise and mentor the finance team to enhance their skills and performance.
Qualifications
- Master's degree in Finance, Accounting, or related field.
- Minimum of 10 years of experience in financial management.
- Proven track record in strategic financial planning and analysis.
- Strong knowledge of financial regulations and compliance.
- Excellent leadership and team management skills.
- Exceptional analytical and problem-solving abilities.
- Professional certification such as CPA or CMA is preferred.
Skills
- Financial analysis
- Budgeting
- Financial reporting
- Regulatory compliance
- Audit management
- Cash flow management
- Strategic planning
- Leadership
- Excel
- ERP systems
Frequently Asked Questions
A Deputy General Manager (DGM) - Financial is responsible for overseeing and managing the financial operations of a company. This includes budgeting, financial planning, forecasting, and ensuring financial compliance. They collaborate with senior management to develop financial strategies and drive profitability. Additionally, the DGM - Financial monitors financial performance, prepares financial reports, and provides insights to optimize cost-efficiency.
To become a Deputy General Manager (DGM) - Financial, candidates should typically hold a degree in finance, accounting, or a related field. Advanced qualifications like an MBA or a CPA are highly advantageous. Relevant work experience in financial management, preferably in a leadership role, is essential. Proven expertise in financial strategies, budgeting, and team management is critical, along with strong analytical and communication skills.
The average salary for a Deputy General Manager (DGM) - Financial varies based on factors such as location, industry, and company size. Generally, candidates can expect competitive compensation reflective of their experience level and the strategic importance of their role in managing financial operations. Salaries often include bonuses and benefits aligned with leadership positions in financial management.
Qualifications for a Deputy General Manager (DGM) - Financial typically include a bachelor's degree in finance, accounting, or a related discipline. An MBA or professional certifications like CPA, CFA, or ACCA can enhance a candidate's profile. Significant experience in financial management, leadership skills, and a strategic mindset are crucial, as is familiarity with financial software and compliance regulations.
A Deputy General Manager (DGM) - Financial must possess strong analytical skills, leadership abilities, and effective communication skills. Responsibilities include developing financial strategies, managing budgets, ensuring compliance, and optimizing financial performance. They must be proficient in financial analysis and reporting, capable of leading teams, and adept at decision-making to support the company's financial goals.