MAIN ACCOUNTABILITIES
1. FINANCIAL REPORTS INSIGHT
- Manage the company's financial reporting, budgeting, forecasting, and statutory reporting.
- Provide quality and timely financial support/ insights to other departments for databased decisions.
- Present regular financial results and insights to the Finance Committee and Executive Committee.
- Provide analysis and documentation to support external audit process and internal controls testing.
- Preparation of monthly, quarterly & annual management reporting.
2. STRATEGIC DECISION TAKING
- Key contributor to the company's business strategies and annual operating plan.
- Oversee the company’s cash flow, banking and borrowing activities by Maintaining a healthy debt profile and optimized interest coverage.
- Preparing business cases to support new investment, strategic and other business decisions. Evaluate potential investments, mergers, and acquisitions to support growth initiatives.
3. COST MANAGEMENT AND PROFIT MAXIMIZATION
- Advise and contribute to cost optimization across centres/ products/ market segments to ensure the profitability of the business by maintaining at least 20% bottom line by implementing cost saving measures to achieve a specified reduction.
- Deploy initiatives to grow revenue by Developing at least one initiative per quarter to grow revenue.
- Lead initiatives for cost control and a culture of cost consciousness
- Achieve milestones and objectives outlined in strategic financial initiatives with a success rate of 90% or higher.
4. FINANCIAL PLANNING AND ANALYSIS
- Prepare financial projections and Free Cashflow projection for the year.
- keep the budget variance below 10% to ensure accurate budgeting with at least 90% accuracy.
- Responsible for proper planning and execution of Finance department’s projects like ERP etc.
- Support all expansion projects for the organization by providing timely, relevant, and accurate financial data and advice.
- Preparation of annual budgets and forecasts including rolling forecasts and long-term financial projections.
- Work on financial models to support the business planning and forecasting processes.
- Preparation of departmental business performance reporting and analytics.
- Work on financial models to support the business planning and forecasting processes.
5. TEAM MANAGEMENT AND CAPACITY BUILDING
- Oversee accounts payable and receivables, treasury, financial and management accounting to Minimize errors in financial transactions handled by the team to a maximum of 3%
- Builds a culture of performance with clear goals, feedback, and appraisal rhythm. Identifies top players and replaces weak links regularly. Conducts timely and constructive performance evaluations by Ensuring that at least 90% of the finance team engages in relevant training and development opportunities.
- Prioritize and assign team members to projects/activities by Identifying at least one project or initiative a team member can handle per quarter.
- Any other role as assigned by the GCFO
QUALIFICATIONS (Education & Experience)
▪ Bachelor of Science degree in accounting or its equivalent from an accredited higher institution.
▪ Minimum of 8 years of experience as an accountant of which 4 must be in financial planning and analysis.
▪ A qualified Accountant ACA, ACCA
Job Type: Full-time