Chief Financial Officer

Job Description : CFO TANZANIA CFO - Tanzania Consumer Goods Job Purpose: This will be a critical role to · Drive implementation of strategic business plans over the short and long term Streamline and strengthen the financial systems and controls in the assigned geography of the Africa business Principal Accountabilities: · Overall responsibility of the Finance function (review financial statements, monthly MIS, Group reporting) and audits (internal, statutory). · Financial evaluation of projects and post implementation review of the projects · Monitoring and evaluating business processes; suggesting and implementing changes to bring in control, efficiency and effectiveness. · Involvement in operational functioning pertaining to procurement negotiations and cost savings. · Reviewing the work of the finance manager / second line if any and ensuring the procedures are adhered to. Strategic Business Planning · Maintaining repository of data and information to support business processes · Overseeing the implementation/maintenance of ERP system. · Drafting capital expenditure plans and investments in line with business strategy Planning &Budgeting · Preparing Annual Operating Plans (AOP) for the business unit · Anchor the annual budgeting exercise and ensure that the business units have a sound rationale/ basis for the budgets · Ensure maintenance and reporting P & L for the unit on a monthly basis · Preparing Rolling Estimates for remaining year for all regions and reporting the same to HO. · Preparing brand contributions, day sales inventory calculation · Monthly Management reporting with detailed analysis of sales & profit along with comparison with prior Rolling Estimate, Annual Operating Plan & Previous Year Accounting & Statutory Compliances · Timely preparation of annual/monthly reports ensuring analysis of the performances on a monthly basis. · Ensuring compliance to all applicable statutory and legal requirements for the assigned geography · Planning and managing internal/statutory/tax audits · Periodic compilation of a comprehensive checklist for audit and risk management · Contributing to better corporate governance by identifying internal control weaknesses and implementing better controls VALUE PROPOSITION-ASSIGNMENT Career path for a high performer in the role would be handling CFO roles for larger and more complex clusters or P&L for a business unit with moderate complexity to start with. Qualification: The ideal candidate would be a Chartered Accountant or equivalent qualification. Experience: · 12 + years of experience, with at least 3-5 years in a finance leadership role · Experience in FMCG/Pharma/Automotive will be preferred · Knowledge of SAP/ERP Accounting Systems will be desirable Key Competencies and Skills: · The candidate needs to be high on strategic thinking and achievement orientation. · The candidate also needs to display the ability and sensitivity to manage cultural differences, geographical complexities and complex stakeholder relationships, · Other key desired competencies and skills would be teamwork and collaboration and strong interpersonal and communication skills.

---