Chief Financial Officer

Job Description

A reputable-established financial institution is seeking to recruit a dynamic, results oriented, passionate and self-motivated candidates with high ethical values for the position of a CHIEF FINANCIAL OFFICER.

This position will involve:

• Responsible for effective financial management, reporting and actively contribute towards the financial planning and strategic growth as a member of the executive management team and maintain appropriately relationships internally and externally;
• Actively contribute to the strategic management of the company towards financial planning and strategic growth of the organisation which includes but not limited to:
Preparation of long-term and medium-term strategy;
Preparation and execution of annual budgets and forecast by units and company wide.
To lead the financial aspects of any strategic projects aimed at achieving growth;
• Responsible for preparing detailed monthly variance analysis of budget;
• Responsible for safekeeping of all company assets including all but not limited to invoices and expense authorisations, fixed assets, stationery, cheque books and petty cash vouchers, etc;
• Responsible for overseeing / authorising all necessary payments within the business to meet all obligations when they fall due, including day to day operational payments for disbursements and refunds;
• Monitor and control the quality and cost-effectiveness of services provided to the company to ensure value for money for the company;
• Responsible for all taxes including income tax, withholding tax, provisional tax, levies and PAYE tax submission being on time, accurate and safely kept;
• Responsible for overseeing reporting to the Group on a monthly basis including cashbooks, salaries, provisions and accruals, prepaid expenses, petty cash and staff loan;
• Responsible for overseeing the smooth running of the Finance and Administration Department.
• Responsible for all regulatory requirements and returns which includes but not limited to;
Prudential returns to the Bank of Ghana and all other related reporting as requested;
Ghana Revenue Authority (GRA), Social Security and National Insurance Trust;
Submission to the Ghana Stock Exchange;
Submission to the Securities and Exchange Commission (SEC);
Submission to the Ghana Investment Promotion Centre (GIPC);
• Responsible for keeping accurate accounting records which appropriately reflect the company’s operations in line with accounting principles and IFRS;
• Responsible for the business funding/cash flow requirements and the associated hedging as the needs arise and in line with policy. This includes the timely reporting of treasury related matters (such as external confirmations to funders, interest statements, covenants and ad-hoc requests etc.);
• Responsible for external and internal audit (including the annual financial statements and annual returns) and the respective relationships;
• Responsible for presentation of accurate and timely management reports to the Group Finance Committee and Ghana Exco, ALCO, Audit and Risk Committee of the Board as well as the Board of Directors;
• Chairperson of the Ghana Finance Committee ensuring all executives and senior staff are adequately informed of all finance matters, financial performance of the Company and cost analysis in order for them to make informed and accurate business decisions;
• Responsible for ensuring excellent investor relationships at the company’s banks and funders, regulators, auditors and other stakeholders always;
• To lead on staffing aspects of the company, ensuring the safeguarding of staff and company confidentiality as the company continues to grow;
• Responsible for monitoring and mentoring all managers, officers and cashiers reporting to the CFO throughout the country and ensuring adequate internal controls are kept at all times within the branches and head office.
• Responsible for any other duties that the Chief Executive Officer or the Board of Directors may assign from time to time.

Requirements
• Qualified Accountant
• Post Graduate Degree is required (Accounting)
• At least 13 years executive management experience in a substantial finance business in Ghana is essential.
• Hard-working and driven
• Excellent communication skills
• Excellent knowledge of accounting and tax principles
• Positive attitude
• Excellent management skills
• Accurate and fast worker
• Good interpersonal skills
• Neat and organized person
• Aptitude in decision-making and problem-solving