CHIEF FINANCE OFFICER

Zormelo & Associates

  • Ghana
  • Permanent
  • Full-time
  • 9 days ago
Job DescriptionJOB PURPOSEThe role will be responsibile for overseeing the financial performance for the Organisation, in achieving overall business objectives.RESPONSIBILTIESStrategy Execution
  • Provides leadership in determining the financial goals of the Company by providing input into the thinking and development of corporate strategies, for Executive/Board approval.
  • Implement the company’s strategy and ensure long-term financial stability.
  • Provides leadership and direction in the formulation of financial management policies and ensures compliance with and consistency in the interpretation and implementation of such policies and procedures
  • Establish a financial planning process to deliver the Organisation business objectives.
  • Maintain a strategic financial model to assist management in justifying investment and growth initiatives
  • Monitor the Organisation’s business performance.
  • Implement effective governance, risk management and financial reporting framework
  • Applying strong internal controls in all areas of financial management, risk management and asset control.
  • Implement risk appetite frameworks for operational risk and enterprise risk management for the Oragnisation.
  • Achieve Operating Revenue
  • Provision of financial advice and information to the Board of Directors
  • Monitoring and reporting of the financial performance of the Organisation to Senior Management Team and the Board as appropriate
  • Liaison with External (Financial Statements) and Internal Auditors, provision of all requisite financial information and review of financial reports
  • Ensure the end of year statutory accounts report is finalized by specified date and presented to Executive Management for review
  • Ensure all taxation and legislative requirements are complied with at all times
  • Ensure compliance with statutory authorities and audit requirements
  • Maintains overall responsibility for the provision of all financial and management accountancy support and advice as required by the Company.
  • Periodically provides financial and management information to the Board and Senior Management on the Company’s financial performance and its resources
Budget Management
  • Develops and maintains budget policies and procedures.
  • Provides leadership in and directs the development of the annual budget framework and determination of financial elements of long term plans
  • Managing the processes for financial forecasting and budgets
  • Maintains budgetary control of the Company.
Reporting
  • Oversees the preparation of all financial reporting including balance sheets and P&L and cash flow statements to enable stakeholders understand the financial state of the business.
  • Review financial reports for ways to reduce costs
People Management
  • Create a strong, sustainable, robust leadership pipeline – outstanding bench strength
  • Invest appropriate time to find, attract, develop and retain right talent (no unwanted turnover)
  • Appoint the right leaders in the right jobs (at direct report level), manage performance and deal with poor performance
  • Provide leadership in the aspect of Performance direction, goal clarification, communication, engagement, ethics, commitment & energy
  • Talent management, capacity, competence & skills – development
  • Responsible for team strength & performance level (attraction, selection, retention & development)
  • Ensure alignment with Team strength, performance and energy matched strategic requirements – under performers identified, improved or removed
  • Change & transformation readiness
  • Ensure team adapts to change effectively and achieve transformation objectives set
  • Create Model for a full, diverse and flowing talent pipeline
QUALIFICATIONS
  • Bachelors in Accounting, Finance or relevant field;
  • Master's degree in Business Administration, Accounting, or Finance required.
  • Chartred Accountant or equivalent qualification.
EXPERIENCE
  • Proven experience in similar role for 10 years is required.
  • Experience with corporate governance.
  • In depth knowledge of corporate financial law and risk management practices
  • Excellent knowledge of data analysis and forecasting methods
  • Proficient in the use of MS Office and financial management software (e.g. SAP)
  • Ability to strategize and solve problems
  • Strong leadership and organizational skills
  • An analytical mind, comfortable with numbers.
  • Strong financial and accounting background including an understanding of profit and loss, balance sheet, cash flow management, general finance and budgeting
COMPETENCIES
  • Statutory understanding (Companies Act and Tax)
  • Strong financial and accounting knowledge
  • Financial analysis experience
  • Management capabilities
  • Conflict resolution experience
  • Strong negotiator
  • Commercial experience
  • Operational know how and ability
  • Knowledge of contract law
BEHAVIORAL COMPETENCIES
  • Strategic Thinking
  • Networking
  • Risk Management
  • Negotiation Skills
  • Future Oriented
About CompanyZormelo & Associates is a Management and Development Consulting firm which works with both private and public sector clients to create world class companies and institutions through advisory services in human resources management, economic and social development projects and capacity building.

Zormelo & Associates