CHIEF FINANCE OFFICER
Zormelo & Associates
- Ghana
- Permanent
- Full-time
- 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
- 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.
- 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
- 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
- Bachelors in Accounting, Finance or relevant field;
- Master's degree in Business Administration, Accounting, or Finance required.
- Chartred Accountant or equivalent qualification.
- 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
- 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
- Strategic Thinking
- Networking
- Risk Management
- Negotiation Skills
- Future Oriented