Jobs Details
Chief Financial Officer
20 yearsJob Description : CFO SOUTH SUDAN KEY ACTIVITIES Business Partnering as the Function Head: a) Supports the development and implementation of the company financial strategy linked to the company`s overall strategy; b) Participate in commercial decision making, challenging and advising on assumptions and conclusions so that the company can make the right financial calls; c) Partner with management team to drive growth of margins and cost efficiencies and evaluations of all capital expenditures across the company; d) Identify and communicate potential opportunities, risks and risk mitigating measures to the company management team; and e) Identify opportunity areas where special analysis may help improve financial decisions. Budget Management: f) Lead the preparation of company project specific and annual budgets and forecasts of P&L, Balance sheet and Cashflow; g) Ensure budget assumptions are put into daily business management, and monitor any variations on a weekly and monthly basis; and h) Ensure compliance of budgets set throughout the organization. Cashflow Management: i) Tracking cash flow and analyzing the companys financial weaknesses and strength, whilst proposing corrective actions; and j) Management of all company day-to-day cash in accordance with approved budgets. Internal Control and accounting: k) Propose, review, implement and ensure compliance to finance policies, procedures, and internal controls to ensure accuracy of accounting data and prevent losses, fraud and misallocation of funds; l) Work closely with procurement and stores teams to monitor the inventory level, quality of stocks, stock take in stores and warehouse, follow up results of monthly stock count results; m) Maintain an up-to-date asset register for the company; and n) Responsible for tax coordination, cooperating with banks, taxation agencies and government agencies for understanding, inspection and compliance work; International Financial Reporting Standards (IFRS): o) Be the guide and source of truth and interpretation on IFRS compliance related issues; p) Be abreast of recent developments from an IFRS perspective and understanding the implications on the companys financial statements; q) Assisting in performing impact assessments on new IFRS exposure drafts on company results and be the project lead on new IFRS related implementations; and r) Ensure timely delivery of financials statements in accordance with IFRS, and all significant estimates and judgments having been fully documented Training and development: s) Drive a high-performance culture within the finance department ensuring quality and timely feedback and completion of interim/ annual performance reviews. Reporting and record keeping: t) Preparing and reporting financial statements (balance sheet, profit, and loss, cash flow), and other accounting schedules and reports on a monthly and annual basis; u) Prepare management accounts, financial updates and analysis for company management and board meetings on a monthly and ad hoc basis; and v) Ensure a proper filing of financial records, compliance with all tax and legal regulations and provisions, follow up regulation updates and plan accordingly Audit management: w) Supporting and facilitating company statutory and internal audit fieldwork, including the gathering of documents required for testing; x) Ensure the audits are conducted and closed 1 month after end of the financial year; and y) Follow up on resolving all arising audit issues and ensure that there is full implementation of all agreed audit recommendations within the company. Others: z) Perform other tasks as may be assigned. Desired Candidate Profile QUALIFICATIONS a) Degree in Finance, Accounting, or related disciplines. b) CPA/ACA/ACCA/CA qualification is a must. c) Membership of an Accounting Professional Body in good standing. d) 20 years in a busy finance environment with 7 years at C-Suite Level. e) A minimum of 5 years experience in a power distribution and/or generation company. f) Strong business acumen, analytical skills and problem-solving skills. g) Ability to deal and communicate with people at all levels. h) Youre excited about driving operational change by sharing insights and influencing others. KEY COMPETENCIES AND SKILLS a) Significant exposure in managing finance applications and systems. b) Ability to deliver continuous process improvements. c) Ability to analyse complex and large financial databases. d) Ability to meet all financial reporting deadlines. e) Excellent understanding of International Financial Reporting Standards (IFRS). OPERATIONALLY REPORTING TO: CEO WORK STATION: Juba, South Sudan ADMINISTRATIVELY REPORTING TO: Group Chief Executive Officer (GCEO). CAREER PROGRESSION: Senior Finance Position CONTRACT: Three-year performance-based contract. TRAVEL: Minimal work-related travel outside Juba, South Sudan
Country : South SudanPosted on : 23-04-2023