Chief Financial Officer (CFO)
📍 Location: Colombo | Employment Type: Full-Time | Reports To: Group Chief Executive Officer (CEO) / Board of Directors
Role Overview
The Chief Financial Officer (CFO) will be the senior executive responsible for leading the financial strategy, governance, and performance of the Group. The role oversees all financial functions across the holding company and its regulated subsidiaries, ensuring compliance with accounting standards, regulatory requirements and industry-specific financial obligations.
The CFO will play a key role in strategic planning, investor relations, risk management, and driving enterprise-wide financial discipline to support sustainable growth.
Key Responsibilities
Financial Strategy & Leadership
Develop and execute the Group's financial strategy aligned with long-term business objectives.
Provide strategic guidance to subsidiary finance teams.
Drive financial planning, forecasting, and budgeting processes across the Group.
Advise the Board and Executive Leadership on capital allocation, investments, divestitures, and financing options.
Establish network with fellow Finance leaders in the industry.
Financial Reporting & Compliance
Oversee preparation of consolidated financial statements in accordance with regulatory requirements.
Ensure timely release of quarterly and annual financials.
Liaise with auditors to ensure audit quality and compliance.
Maintain strong financial controls, accounting governance, and audit readiness across all subsidiaries.
Ensure compliance with all regulatory requirements of the regulatory bodies.
Treasury & Capital Management
Manage the Group's capital structure, optimizing leverage, liquidity, and working capital.
Oversee cash flow management, treasury operations, and banking relationships.
Ensure subsidiaries maintain adequate liquid capital and risk capital ratios as required.
Evaluate financing options including equity, debt, and alternative capital sources suitable for a listed entity.
Risk Management & Internal Controls
Establish and monitor enterprise-wide financial risk management frameworks.
Oversee investment risk, market risk, credit risk, and operational risk protocols across financial subsidiaries.
Ensure proper segregation of client assets and adherence to client money rules in regulated entities.
Strengthen internal control systems to safeguard Group assets and minimize financial exposure.
Investor Relations & Corporate Governance
Lead investor relations activities, ensuring transparent communication with shareholders, analysts, and the market.
Prepare materials for AGMs, EGMs, annual reports, and statutory disclosures.
Support the Board with financial insights, board papers, and governance reporting.
Performance Management & Business Partnering
Evaluate financial performance of subsidiaries and improve profitability, efficiency, and cost structures.
Drive digital transformation initiatives in finance, including automation, data analytics, and system enhancements.
Qualifications & Experience
Chartered Accountant (CA, ACCA, CPA) or mandatory equivalent qualifications.
MBA or master's degree in Finance, Economics, or Business Administration (preferred).
Minimum 10–15 years of progressive financial leadership experience, including experience in a listed entity or financial services group (preferred prior experience locally).
Experience in capital markets, investment services, brokerage operations, or wealth management preferred.
Strong knowledge of IFRS, corporate finance, treasury, and board-level reporting.
Proven ability to manage stakeholders including regulators, auditors, analysts, and investors.
About Almas
Our strategy is to focus on value positions in companies and industries at the forefront of transformative growth. The foundations of resilience and rational analysis – supported by our clear vision for capital market growth – have established us as a leading asset management company today.
A clear vision for the future forms the basis of all decision-making at Almas, which is complemented by agility in capital allocation to take advantage of the growth opportunities in the market.