JOB DESCRIPTION
JOB TITLE: CHIEF FINANCIAL OFFICER
REPORTS: MANAGING DIRECTOR
JOB PURPOSE: The role is responsible for all financial and fiscal management aspects of company operations. The ideal person will provide strategic leadership, management and coordination in the administrative, business planning, accounting, procurement and budgeting efforts of the company. The position requires an individual with good business acumen, strong financial skills, detailed knowledge of internal control mechanisms and personal drive.
MAIN DUTIES AND RESPONSIBILITIES
• Recruit, supervise and develop a high performing departmental team;
• Develop and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
• Manage the financial interface with Globeleq’s head office;
• Ensure compliance with relevant legal and financial regulations;
• Oversee the Company’s accounting practises including budgeting, financial modelling, financial reporting, tax and audit functions;
• Establish, maintain and develop sound accounting systems, ensure appropriate internal controls are in place and are followed;
• Ensure timely and accurate preparation of financial statements in accordance with International Accounting Standards and UK GAAP;
• Analysis and delivery of accurate cash flows, forecasts and monthly management accounts to required recipients within required deadlines ;
• Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations;
• Lead the preparation of and monitor annual and five year budgets for the business;
• Understand and interpret the complex project finance documentation and advise management on relevant aspects;
• Develop and maintain relationships with The World Bank (WB), European Investment Bank (EIB), Ministry of Finance, Songas’ investors and other stakeholders;
• Supervise the Company’s investment of surplus cash;
• Other reasonable duties requested from time to time.
QUALIFICATIONS AND JOB EXPERIENCE REQUIREMENTS
• Professionally qualified accountant ideally with CPA, ACA or any relevant qualification;
• Alongside the Managing Director able to make ongoing commercial and strategic decisions;
• Advanced knowledge of project finance concepts;
• A capacity for implementing modern financial management systems;
• Strong leadership experience with the ability to contribute to key business decisions in areas outside of finance;
• Minimum of 8 years working experience in a senior role in finance;
• Experience of working with international businesses;
• Demonstrated ability to effectively introduce and drive change in a multicultural and diverse working environment;
• First rate presentation and communication skills;
• Proficient in current office software applications and corporate IT system;
• Fluent in Swahili and English.
KEY EVALUATION CRITERIA
• Strategic leadership, accuracy, organisational skills;
• Excellent interpersonal skills;
• Track record of mentoring and developing team members;
• Exceptional presentation and communication skills (verbal and written);
• Project management skills;
• Analytical and financial modelling skills;
• Ability to present high level financial information to the Stakeholders including Songas’ Board of Directors;
• Work requires willingness to work a flexible schedule;
• Strong and proven knowledge of modern accounting systems and internal controls
• High level of integrity and strong work ethic.
CHIEF FINANCIAL OFFICER - SONGAS
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