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Qualification & Experience
- Member of ACCA, CPA, CIMA, or any other professional accounting body recognized by the International Federation of Accountants (IFAC), with at least 5 years of experience in Accounting & Finance, including at least 3 years in management or leadership roles within a corporate environment; or
- Master's degree or higher in Accounting or Finance, with at least 7 years of experience in Accounting & Finance, including at least 3 years in management or leadership roles within a corporate environment.
- Proven experience in financial and corporate reporting, with active involvement in these functions over the past five (5) years.
Skills and Competencies;
- Sound knowledge of International Financial Reporting Standards (IFRS) and their practical application.
- Strong expertise in financial planning and analysis, budgeting, forecasting, treasury management, and financial risk management.
- Comprehensive understanding of accounting principles, corporate finance, taxation, and applicable regulatory frameworks.
- Demonstrated experience in managing finance functions within a corporate environment.
- Strong leadership and team management skills, with the ability to motivate, develop, and manage finance personnel effectively.
- Excellent analytical, problem-solving, and decision-making skills, with a focus on financial performance, cost optimization, and long-term sustainability.
- Excellent communication, presentation, and stakeholder management skills, including the ability to provide financial advice to senior management and the Board of Directors.
- Strategic thinking and the ability to translate corporate objectives into effective financial strategies.
- High attention to detail, accuracy, integrity, and accountability in financial reporting and financial management.
- Advanced proficiency in accounting, financial management, and business software applications.
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Responsibilities:
1. Financial Strategy & Planning:
- Develop, implement, and review financial strategies aligned with the Corporation’s objectives, strategic priorities, and long-term financial sustainability.
- Lead the preparation of annual budgets, financial forecasts, long-term financial plans, and cash flow projections.
- Monitor overall financial performance and provide regular analysis, recommendations, and strategic advice to Management and the Board of Directors.
- Evaluate investment opportunities, financing options, capital allocation, and business initiatives to support informed decision-making.
Financial Reporting:
- Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements, management reports, and statutory financial reports in accordance with IFRS and applicable regulations.
- Analyse the Corporation’s financial position, performance, and records, identify variances against budgets and targets, and recommend corrective actions where necessary.
- Present financial performance, forecasts, material variances, and key financial matters to Management and the Board of Directors.
- Monitor and continuously improve financial reporting processes, systems, and procedures to ensure accuracy, transparency, and efficiency.
Budgeting and Financial Control:
- Lead the development, review, and monitoring of the Corporation’s annual operating and capital budgets.
- Establish and maintain effective financial controls, expenditure monitoring mechanisms, and procedures to ensure the proper use of financial resources.
- Identify opportunities for cost optimization, improved resource allocation, and enhanced operational efficiency.
- Ensure that financial policies, procedures, and internal controls are regularly reviewed and effectively implemented.
Treasury and Cash Flow Management:
- Lead the development, review, and monitoring of the Corporation’s annual operating and capital budgets.
- Establish and maintain effective financial controls, expenditure monitoring mechanisms, and procedures to ensure the proper use of financial resources.
- Identify opportunities for cost optimization, improved resource allocation, and enhanced operational efficiency.
- Ensure that financial policies, procedures, and internal controls are regularly reviewed and effectively implemented.
Risk Management, Compliance, and Governance:
- Lead the development, review, and monitoring of the Corporation’s annual operating and capital budgets.
- Establish and maintain effective financial controls, expenditure monitoring mechanisms, and procedures to ensure the proper use of financial resources.
- Identify opportunities for cost optimization, improved resource allocation, and enhanced operational efficiency.
- Ensure that financial policies, procedures, and internal controls are regularly reviewed and effectively implemented.
Audit and Assurance:
- Coordinate and oversee internal and external audits, ensuring the timely provision of required information and documentation.
- Monitor audit findings and ensure that appropriate corrective actions are implemented within agreed timelines.
- Review financial procedures and controls regularly and recommend improvements to strengthen accountability and compliance.
Business Partnering and Advisory:
- Work closely with Management and relevant divisions to assess the financial implications of operational activities, contracts, projects, and investment decisions.
- Provide financial analysis, advice, and recommendations to support strategic and operational decision-making.
- Develop financial models and scenario analyses to evaluate business opportunities, financial risks, and potential returns.
- Promote financial discipline and awareness across the Corporation to support effective planning and responsible resource utilization.
Leadership and Management
- Lead, manage, and develop the Finance Division, ensuring effective allocation of responsibilities, staff performance, and professional development.
- Oversee the development, implementation, and continuous improvement of financial policies, procedures, and operational practices.
- Foster a culture of professionalism, accuracy, accountability, collaboration, and continuous improvement within the Finance Division.
- Perform any other duties and responsibilities assigned by the Managing Director or the Board of Directors, in accordance with the Corporation’s policies, applicable laws, and regulations.
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