Chief Finance Officer

Deloitte

  • Accra
  • Permanent
  • Full-time
  • 16 days ago
Company DescriptionDeloitte is the largest private professional services network in the world. Every day, approximately 457,000 professionals in more than 150 countries demonstrate their commitment to make an impact that matters.Deloitte West Africa is a cluster of Deloitte offices that has joined together to provide seamless cross-border services to our clients in the region and to pass on the benefits of scale and access to resources that this organisation can generate.In Ghana, Deloitte is one of the leading professional services organisations, specialising in providing Financial Advisory services, Risk Advisory, Audit, Tax & Regulatory, Business Process Solutions and Consulting. We serve clients in a variety of industries from financial services, to consumer business and industrial products, telecommunications, energy and resources, manufacturing and the public sector.Our professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities. We understand that our professionals hold interests outside of the workspace and we aim to encourage work/life balance, supporting them in all aspects of their lives.Job DescriptionJob PurposeThe 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.Key Responsibilities 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 SupervisorQualifications 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).Skills 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.Additional InformationLeadership Capabilities
  • Living our Purpose - Identifies and embraces our purpose and values and puts these into practice in their professional life.
  • Influence - Builds relationships and communicates effectively in order to positively influence peers and other stakeholders.
  • Performance drive - Seeks opportunities to challenge self; teams with others across businesses and borders to deliver and takes accountability for own and team results.
  • Strategic direction - Understands objectives for clients and Deloitte, aligns own work to objectives and sets personal priorities.
  • Talent development - Develops self by actively seeking opportunities for growth, shares knowledge and experiences with others, and acts as a strong brand ambassador.
Cross Consulting / Core Professional Capabilities
  • Delivery Excellence - Ability to produce a high-quality work product and collaborate with others to deliver a superior client experience.
  • Knows the Business and Sector - Ability to understand how business functions operate and how sector trends impact a client's business.
  • Analytical Thinking & Problem Solving - Ability to select appropriate methods for collecting and analysing data and develop informed recommendations that shape or support the client's business strategy.
  • Financial Acumen - Ability to incorporate financial information when evaluating strategic options.
  • Client Presence - Ability to deliver key messages with clarity, confidence, and poise to instill confidence in clients.
  • Logical Structuring - Ability to organize insights and define a logical flow to tell a story when presenting recommendations.
  • Global Mind-set - Ability to apply a global and diverse perspective to problem solving.
  • Technology Fluency - Ability to apply technical knowledge to address client business challenges.
  • Solutioning - Ability to operate in an ambiguous environment and work independently.
  • Leadership - Ability to lead teams or experience in having to lead teams on projects.
What Impact Will You Make?Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you'll find unrivalled opportunities to succeed and realize your full potential.How You Will GrowAt Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to help build world-class skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Centre.BenefitsAt Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.Our PurposeDeloitte is led by a purpose: to make an impact that matters. Every day, Deloitte people are making a real impact in the places they live and work. We pride ourselves on doing not only what is good for clients, but also what is good for our people and the communities in which we live and work-always striving to be an organization that is held up as a role model of quality, integrity, and positive change. Learn more about Deloitte's impact on the world.Recruiter TipsWe want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you're applying to.Please note that candidates that do not attach their resumes and academic credentials will not be considered.Applications from all qualified individuals should be sent by 24th January 2025At Deloitte, we want everyone to feel they can be themselves and to thrive at work-in every country, in everything we do, every day. We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities. We seek to create and leverage our diverse workforce to build an inclusive environment across the African continent.Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive. Deloitte may ask the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, depending on operational requirements.Be carefulDon't provide your bank or credit card details when applying for jobs.It is strictly against Deloitte policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Deloitte will ask candidates to pay a fee at any time.

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