
Job Vacancy For Chief Finance Officer
- Accra
- Permanent
- Full-time
- The Chief Finance Officer is responsible for providing financial leadership on all tactical and strategic matters related to financial planning, cost-benefit analysis and budget preparation and management for management decision-making and for meeting legal & regulatory requirements.
- Formulate financial strategy, policies, systems and procedures for the department and the bank to ensure sound financial controls
- Develop and supervise implementation of accounting policies and systems regarding risk management, investment management, funds management, liability and asset management
- Prepare and manage the company's financial plans and coordinate departmental budget towards the achievement of annual targets
- Manage the Bank's Tax affairs to ensure statutory compliance and optimisation of tax liability
- Develop and supervise implementation of internal financial control systems
- Manage financial and regulatory reporting to both internal and external stakeholders
- Provide financial reporting and accounting, including records for the preparation of quarterly and annual accounts in line with applicable accounting rules and industry accounting policies
- Maintain the integrity of the bank's financial information in order to address business needs
- Ensure the bank's financial viability and cost structure are regularly analysed and appropriate measures undertaken to monitor and reduce costs in relation to the Banks operations and services provided
- Monitor the bank's financial and risk performance and make recommendations for improvement
- Establishing and maintain contingency plans for the company's operations
- Direct, manage, develop and supervise the finance team to achieve departmental goals and objectives
- Oversee the preparation of the department's annual budget and monitor its implementation
- Any other duties assigned by Supervisor
- Minimum of a masters' degree in Accounting or Finance from a recognised university.
- A minimum of 12 years relevant experience with at least 4 years in a management role preferably in a financial sector.
- Membership of a relevant professional body (CA/ ACCA/ CIMA/CFA or equivalent).
- Excellent knowledge of the financial industry, Bank of Ghana regulations, and other statutory financial regulations relevant to the banking industry.
- Excellent knowledge of best practices in financial reporting and regulations including IFRS.
- Excellent knowledge of Funds Transfer Pricing and cost allocation methodologies for business segment performance reporting.
- Excellent knowledge of Ghana Tax Laws.
- Strong understanding of risk management relevant to the banking industry.
- Excellent Cost Accounting skills is critical for the role.
- Excellent budgeting skills is critical to this role and good knowledge in treasury management is desirable.
- Excellent Analytical Skills
- Strong strategic planning skills
- Outstanding communication skills -writing skills and strong verbal and listening skills is essential.
- Proficient computer skills (i.e. Word, Excel, and PowerPoint, MS Access) essential for effective service delivery.
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