Web Analytics
Job Vacancy For Chief Financial Officer - Current Jobs in Ghana December 2020 - Jobvacan

Job Vacancy For Chief Financial Officer – Current Jobs in Ghana

The Company

Our client is a financial services institution with the objective of increasing access to finance for Ghanaian enterprises, particularly small and medium enterprises (SMEs). Our client also provides wholesale financing/lines of credit and partial credit guarantees to eligible financial institutions.
Roles & Responsibilities

Strategy Formulation and Implementation

• Work with other members of the executive team to develop, finance and implement the Bank’s growth initiatives and objectives including new offerings
• Develop strategic financial initiatives for the Bank that will assist in achieving the board’s objectives
• Work with leadership to develop strategies for effective mobilisation and utilisation of financial resources for optimal return on investment
• Ensure the delivery of effective financial decision-making support to the business and its management and oversees the development and execution of an effective financial strategy to achieve optimal returns on investment
• Provide strategic financial management and leadership support across the business, in line with the overall corporate strategy
• Develop, update and implement finance and tax strategies, policies and processes

Finance Planning and Budget Preparation

• Initiate and co-ordinate the formulation of business plans and annual budgets, and monitors progress towards their achievement
• Engage Executive Management and the appropriate Board Committees to develop short, medium, and long-term financial plans and projections for the Bank
• Develop and utilise financial models and activity-based financial analysis to provide a basis for investment decisions and business planning
• Provide advice on liquidity, investment and financial asset management
• Ensure appropriate investment policies for the optimal investment of the Bank’s investible funds
• Manage Bank’s treasury assets to achieve optimal sourcing, application and growth of funds

Qualification Required & Experience

• Minimum of 15 years’ experience in the Development Finance or Financial Services sector, with at least 8 years’ experience in Executive Management
• A degree in Accounting, Finance, or financial management from a reputable institution
• Relevant professional certifications & membership professional associations in Ghana or abroad is required (e.g. ACCA, CA, CFA, etc.)
• Experience in Financial Services sector within Africa is an advantage
• Evidence of excellent leadership, goal achievement, stakeholder engagement, professionalism, networking, and collaborative skills.

Finance Operations

• Develop and implement a sound accounting framework in compliance with statutory provisions
• Develop and implement a robust and reliable financial reporting system in compliance with statutory requirements
• Ensure proper maintenance of the financial records/Books of Accounts of the Bank
• Ensure that the annual financial statements and statutory reports are prepared timely, accurately and in accordance with standards and regulations
• Ensure Bank’s statutory obligations are fulfilled in an efficient and effective manner
• Provide management information of a financial nature and its interpretation for effective decision making to maximise returns on business
• Monitor and control revenue and expenses (opex and capex) to ensure operational and financial efficiency
• Approve payrolls along with the Human Resources Department to facilitate payment to staff
• Drive a cost-saving culture across all areas of the Bank

Stakeholder and External Relations

• Maintain effective engagement with shareholders of the Bank
• Liaise with external and internal auditors; and ensure the annual and/or periodic audits are seamlessly carried out
• Develop and manage key relationships with relevant external bodies/contacts e.g. regulatory organisations, auditors, solicitors, banks etc. to facilitate effective bank operations
• Liaise with investors to ensure value is maximized
• Work with the Investment Teams to identify opportunities and manage the investment cycle with invested organisations.

People Management

• Oversee the activities of all units within the Finance Team, including Corporate Finance, Financial Reporting, Treasury Management and Investor Relations
• Develop capability of subordinates towards the achievement of their own performance targets

Location: Accra

How To Apply For The Job

To apply, interested candidates should send their CV and cover letter to:

[email protected]

The role being applied for should be the subject of the email.

Closing Date: 06 November, 2020

Click Here to Leave a Comment Below 0 comments