JOB PURPOSE

Provide Financial advice, produce financial reports and develop strategies based on financial research. Guide senior Executives in making sound business decisions in the long and short term.

REPORT TO:      General Manager

KEY RESPONSIBILITIES:

Strategy and Policy Development

• Provide technical expertise in the development and implementation of the company’s Finance strategy as input into the overall Corporate Strategy.
• Provide leadership in the development of accounting/financial policies, standards operating procedures (SOPs) and other support systems including monitoring mechanisms in managing the Financial, Treasury and Management Accounting functions of the company.
• Provide financial and management support for the Annual Operating and Financial Strategic Plans of the company.
• Establish short & medium term corporate objectives & work plans, in consultation with the General Manager and other Departments.
• Lead the financial modelling and analysis to support the development of long-term strategic initiatives and business plans.
• Contribute fully to the development of company strategy across all areas of the business while challenging assumptions and decision-making as appropriate and providing financial analysis and guidance on all activities, plans, targets and business enablers.
• Work with other team leaders to grow the business, formulating strategies and execute plans.

Corporate Finance

• Manage company policies regarding capital requirements, debt, taxation, equity, disposals and acquisitions, as appropriate.
• Establish a high level of credibility and manage strong working relationships with external parties including customers and financial institutions.
• Develop and implement policies and procedures to ensure that personnel and financial information is secured and stored in compliance with current laws.
• Manage the acquisition of capital assets and ensure that assets are properly recorded, depreciated and disposed off as appropriate.

Budget Preparation

• Establish guidelines for budgeting and forecasting preparation, prepare the annual budget in consultation with management and the General Manager.

Information Technology

• Evaluate the need for new technology to meet the organization’s financial data processing, control, and reporting requirements
• Ensure that company financial systems are robust, up to date with Groups Requirements and support current activities and future growth.
• Apply and use modern technologies in creating very efficient systems in the finance department.

Risk Management

• Monitor business/ financial risk management policies and procedures to ensure that departmental and organizational risks are minimized
• Advise the company’s leadership on appropriate insurance coverage for all Assets, processes and agreements.
• Maximize income where possible and appropriate
• Negotiate with bank for lines of credit or other financial services as required and appropriate

Procurement/ Inventory Management

• Oversee and supervise the procurement function of the organization including purchases, suppliers’ agreement, property/facility management, and provision of furnishings and equipment necessary for effective operations
• Oversee the financial aspect of all leases, contracts and other financial commitments
• To provide oversight on controls in relation to inventory, fuel, and sundry.

Stakeholder Relationship Management

• Establish , Liaise and maintain good working relationship with auditors, regulatory agencies, financial institutions and other external stakeholders.
• Prepare monthly and yearly financial report to management and the board

QUALIFICATION AND EXPERIENCE

Education and Experience

• Master’s Degree in Accounting, Finance or Related Field
• Must be a full member of a recognized professional accounting body (ICA, ACCA, CIMA, CPA).
• Must have 10- 12 years of progressive financial responsibility

Knowledge, skills and abilities

Technical

• Knowledge of GAAP/I.F.R. S
• Must be able to demonstrate ability in financial modelling
• Proficiency in the use of accounting software (ERP) and MS suites

Managerial:

• Ability to design and implement control systems and take corrective actions to correct deviations.
• Ability to assign duties and monitor activities of immediate team members to ensure achievement of performance targets.
• Ability to identify training needs of immediate team members and recommend appropriate training for them.

Personality

• Ability to communicate effectively with all manner of people
• Ability to multitask, prioritize, and manage time efficiently
• Creative, problem solver who thrives when presented with a challenge
• Great “people-person” skills and professional attitude
• Ability to articulate views and decisions and stick to them where necessary

Integrity: being truthful, trustworthy and reliable