Human Resource Management-Research Project Research Paper - 1

Human Resource Management- Project - Research Paper ExampleGlobal organizations should engage in the best practices with regards to the citizenry side of the organization because they can be a source of competitive advantages that can help them survive the mounting pressures of the fast-changing global business environment. Following a promotion that put me in charge of a junior employee at the City Bank, I have been tasked to recruit a replacement to my former take aim of Finance position and to oversee the new recruit in discharging commits goals and objectives. After a thorough job analysis, I have create a detailed job description, recruiting final cause, Selection strategy (including testing and interviewing), performance evaluation, motivation, employee training, and development. Job Description City bank is a leading financial groundwork that seeks to recruit a self-driven and experienced Head of Finance the successful candidate will take charge of the financial manageme nt function of the bank ensuring the formation of appropriate financial plans that will secure the banks assets from potential loss. The individual will be responsible for ensuring the bank has appropriate policies and processes and their optimal controls, and carrying knocked out(p) analyses and financial projections in support of the banks strategic growth, generate the annual financial budgets and monitoring of the banks progress versus these goals. The job excessively entails maintaining comprehensive yearly cash-flow forecasts, carrying out strategic financial analyses, ensuring the banks compliance with regulatory laws, maintaining good relationships with suppliers and other service providers, and supporting external auditing processes. In addition to that, the individual will develop and execute investment plans to ensure maximization of outcomes, continually review and upgrade the accounting systems and procedures in line with the banks operating systems, manage and optim ize the IT platform to ensure efficiency in data keeping and retrieving. Recruitment Plan The key guidelines for the recruitment plan are the specific skills and competencies that are worthy for the position of the Head of Finance position in the bank, advertising mechanism, and the applications evaluation criteria. Applicants must have a score in accounting or financial management and at least 10 years worth of experience in financial services desirable skills for the job include financial accounting, planning, and management expertise. Apart from that, prospective candidates must also be experienced in the development of banking policies and procedures, budgeting and budgetary controls. Knowledge of impose laws and regulations, excellent IT skills and in-depth knowledge of accounting software and staff management, development and discipline skills will be an added advantage.