Role purpose
To oversee the group’s financial structure, track cash flow, analyse strengths/weaknesses in the company’s finances and overseeing all aspects of its financial success.
The key duties and responsibilities of the role are as follows:
- Providing leadership, direction and management of the finance and accounting team
- Providing strategic recommendations to the CEO and members of the executive management team
- Managing the processes for financial forecasting and budgets, overseeing the preparation of all financial reporting, and updating on how budgets are progressing.
- Advising on long-term business and financial planning
- Establishing and developing relations with senior management and external partners and stakeholders
- Leading the legal, business intelligence, procurement, ERP, and project management units and reviewing their performance on an ongoing basis.
- Drive the company’s financial planning.
- Perform risk management by analyzing the organization’s liabilities and investments and present such information to ExCo.
- Decide on investment strategies by considering cash and liquidity risks.
- Control and evaluate the organization’s fundraising plans and capital structure.
- Ensure cash flow is appropriate for the organization’s operations.
- Manage vendor relationships.
- Prepare reliable current and forecasting reports and present to ExCo (including management accounts, consolidated management accounts etc.)
- Set up and oversee the company’s finance IT system.
- Ensure compliance with the law and company’s policies and that Tax and legal statutory requirements are met.
- Initiates and leads new projects on behalf of the company ensuring alignment with business objectives.
- Takes care of daily processes such as approval of payments, end of day processes and reconciliations etc.
- Participates in audit processes as may be required.
- Oversees and liaising with international finance teams
KPIs
- Retail and wholesale
- P and L ratio (Budgeted)
Core competencies, knowledge, and experience:
- Qualified Warranted Accountant.
- A minimum of 5 years’ experience in a senior management position
- 5+ years exposure to international companies operating in a group of companies’ model.
- Experience in a group financial position.
- Able to lead large, multiple disciplinary teams.
- Strong financial and accounting background, including an understanding of profit and loss, balance sheet and cash flow management, and general finance and budgeting.
- Experience with corporate governance.
- Negotiation skills.
- Experience with budget management, public accounting, and cash flow.
- Ability to understand new issues quickly and make informed decisions.
- Ability to inspire confidence and create trust.
- Ability to work under pressure, plan workload and delegate effectively.
- Fluent in written and spoken English.