Job Description
The Chief Financial Officer plans, controls, co-ordinates and directs the activities of the Finance Department ensuring timely acquisition, allocation and utilization of financial resources so as to steer the Company to profitability and positive growth. The incumbent is also responsible for preparing and certifying financial statements and reports on a timely basis for presentation to management, Board of Directors, government agencies and financial institutions as well as ensuring that capital and operational budgets are submitted to the Board of Directors for approval.
Key and Critical Responsibilities
Manage the operations of the Finance Department and provide direction to subordinates.
Co-ordinate the activities of the Finance Department through senior accounting personnel to ensure that accounting procedures are maintained.
Develop, implement and maintain policies, procedures and systems to facilitate efficient and effective financial control over the operations of the Company.
Establish and oversee the accounting systems of the Company.
Certify and prepare financial statements and reports for presentation to Management, Board of Directors and relevant external agencies.
Review and maintain the Companys tax plans and insurance/benefits portfolio.
Lead strategic initiatives for improving the quality of financial information and spotting trends worthy of financial analysis.
Partner with senior management to monitor and enforce user compliance with deadlines and accuracy.
Liaise with the Company Secretary/Legal Advisor on matters pertaining to the provision of reports for Ministries and Statutory bodies.
Collaborate with internal partners to automate, streamline and integrate the financial reporting and control systems.
Conduct financial analyses and provide financial advice to the CEO and other Managers.
Plan and manage the budget of the department.
Key Competencies
Knowledgeable about Laws, regulations, operating standards and practices governing companies based on acceptable accounting standards.
Able to develop and implement financial policies and procedures.
Knowledge of State Enterprise Monitoring Manual
Good analytical and problems solving skills
Key Qualifications and Experience
Minimum professional accounting qualifications of ACCA/CGA/CMA
Masters degree in Business Administration with concentrations on Finance will be an asset
A minimum of seven (7) years relevant experience in Accounting/Financial Planning for a medium organization with at least four (4) years at the senior management level
Key Skills and Abilities:
Experience in a state-owned Company would be an asset
Excellent communication and interpersonal skills.
Work well under pressure in a fast-paced environment.
Ability to research, analyse and solve complex problems
Proficient in Microsoft Office Suite, BC Dynamics and accounting software
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