Responsible for overseeing the company’s financial portfolio including responsibility for preparation of Annual Budget, Comprehensive Annual Financial Report (CAFR), investment of funds, risk management, insurance oversight, long term financial planning and analysis of funds, oversight of Utility Billing and active supervision of day-to-day finance department operations.
Functions & Responsibilities
Strategic
- Oversee and provide accurate and timely financial services including setting and monitoring of annual budgets, forecasts, asset management, cash flow analysis, management reporting, financial, variance and account analysis, in accordance with generally accepted accounting principles and procedures.
- Keep leadership abreast of the organization’s financial status progress and changes for decision making.
- Develop and implement robust cost management strategies to monitor and control costs across the organization in conjunction with the CFO to support decision making at all levels.
- Provide strategic guidance and advice on project financing initiatives and manage organizational cash flow and forecasting.
- Assist in the development of current and long-term organizational goals and objectives as well as policies and procedures for operations.
- Oversee all statutory reporting, compliance, annual accounts, VAT etc.
- Develop and maintain working relationships with key banks and other financial institutions of strategic importance to the plant’s businesses.
- Manage the audit process to ensure statutory accounts are produced within the required deadlines.
Operational
- Provide guidance and leadership support in the execution of the day to-day activities of the Finance department and ensure alignment with approved work plans and programs.
- Work with other departmental teams to develop financial policies and procedures and ensure that these are being consistently followed including critical payments, invoicing and refunds etc.
- Implement a robust financial accounting/reporting system; ensure that all financial transactions are accurately reported and that all financial reports are presented in the format appropriate to support management decision making.
- Authorize expenditure transactions/disbursements in line with approved authority limits/policies.
- Define Assets, cash and forex Management processes, policies and systems.
- Ensure that Capital Projects are duly funded.
- Ensure monthly reconciliation of the bank and cash accounts for submission to the MD/CEO.
Requirements
Education and Work Experience
- Minimum of bachelor’s degree or its equivalent in Finance or Accounting.
- A master’s degree in accounting or MBA will be considered an added advantage.
- A minimum of 10 years, with 5 years post qualification, of senior financial and operational management experience.
- Experience in the Cement industry is desirable but not mandatory.
- Professional Accounting/Finance certification (ACCA, CPA or CA)
- Excellent computer skills with expertise in PowerPoint, Word, Excel and Outlook.
- Hand-on use of a variety of accounting software packages such as ERPs & SAP.
Skills and Competencies
- Advanced finance and accounting understanding, including experience with International Financial Reporting Standards (IFRS).
- Strong awareness and understanding of statutory requirements including tax compliance and pension administration.
- Strong organization and administrative skills with effective leadership/supervisory and people management abilities.
- An ability to write clear and concise reports, good spoken and written English
- Proven ability to produce results within tight deadlines in a busy environment.
- Ability to work independently with minimum supervision.
- Analytical skills and decision-making ability even in complex and sensitive situations.
- Proven coaching and mentoring skills.
Benefits
- Private Health Insurance
- Opportunities for Professional Growth and Career Advancement
- Paid Time Off
- Training & Development
- Competitive salary
- Collaborative and supportive work environment