Chief Financial Officer

Job Description : CFO MALAWI REPORTS TO: Managing Director REPORTEES: Finance Staff & Compliance Required Minimum Work Experience: At least 10 years in a similar role within a multinational group or financial services industry - preferred Academic Qualification: Degree in Finance, ICA Purpose of the position ▪ The CFO is accountable for the management of financial results, reporting process and compliance. ▪ The CFO performs comprehensive analysis and projections relating to business trends. ▪ The CFO assists operations in financial planning and cost/results analysis. ▪ The CFO oversees the requirements of audit, regulatory and statutory compliance to completion. ▪ The CFO maintains internal control and its continual improvement together with a professional and excellent customer & client service, both internally within the Client and externally; whilst conforming to the Group's strategic priorities / imperatives. Key Performance Areas: Compliance and internal control ▪ Review existing accounting policies and procedure and recommend adoption and changes where required ▪ Implements and controls revised policies and procedures Put adequate accounting controls in place and ensure minimal financial risk ▪ Ensure that all functions in this area are performed correctly and in accordance with control framework, IFRS and local requirements (where applicable). ▪ Processing of transactions in accordance with IFRS and local statutory requirements Financial control / management function ▪ Review key account reconciliations, including suspense accounts, loan advances, creditors, authorized journal postings and ensure all information is processed in order to procure financial accounts daily, monthly, annually ▪ Review and interrogate the monthly financial results, gain understanding of key business drivers, fluctuations and ensure accuracy of postings and accounting policy applications ▪ Ensure that all financial records are updated, month-end close procedures completed, and monthly management account is produced ▪ Ensure that all regulatory (central bank, taxation and other) returns are filed in a timely manner with related payment made where required ▪ Ensure that all manual record keeping (filing) is up-to-date and in order Financial accounting ▪ Scrutinize, review and initial all payment batches prior to making of creditor payments during payment cycle ▪ Perform periodic review of key general ledger accounts, investigate and recommend adjustments where necessary ▪ Lead the financial year-end and audit requirements for assigned countries including dealing and appropriate resolution of auditor queries ▪ Ensure all monthly and annual deliverables are prepared accurately and timeously ▪ Responsible for monthly cash flow management Financial reporting ▪ Ensures that the financial year-end results are produced in the required AFS format (quality review, compilation where necessary) ▪ Analyze financial results in-depth and investigate areas of concern ▪ Produce reports in accordance with IFRS Analyst functions ▪ Perform comprehensive review of actual vs. budgeted results on monthly basis for operational and finance reporting ▪ Finance lead on annual budget process as support to operations and compilation of necessary data ▪ Assist country manager in data compilation, analysis and modelling for operational and financial reviews, including business enhancement initiatives People Management ▪ Maintains employee relations ▪ Manages employee performance ▪ Trains, mentors and coaches' subordinates ▪ Ensures that processes and practices are implemented to build capacity ▪ Selects, assigns and leads / manages people ▪ Maintains shared values ▪ Plans manpower needs ▪ Develops a challenging and rewarding working environment ▪ Implementation of recognition program.

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