Chief Financial Officer

Job Description : CFO MALAWI 15+ years experience Roles and Responsibilities Key Performance Area Input OUTPUT (Expected Results) Technical & Behavioral Competence required 1 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 Internal controls are in place and functioning properly No financial loss due to ineffective accounting controls Performance targets in terms of strategy are achieved Agreed turnaround times met or improved on. Compliance to regulative and legislative requirements of the country of origin Behavioural: Cross functional leadership Listening/understanding skills Judgment and decision making Supportive of management directives Planning and organizing (establish course of action for self and others to follow) Conflict Management Decisive Creative Integrity Honesty Interpersonal Self-Reliant Self-motivated Persuasive Time Management Solution orientated with a Can Do approach Financial control / management function Review key account reconciliations, including suspense accounts, loan advances, creditors, authorised 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 Produce accurate monthly trial balance Ensure staff do daily filing and hence filing always up to date Performance targets in terms of strategy are achieved Agreed turnaround times met or improved on 3 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 Documentation 100% correct prior to any payment Monthly Create culture of financial accuracy Performance targets in terms of strategy are achieved 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 Agreed turnaround times met or improved on 4 Financial reporting Ensures that the financial year-end results are produced in the required AFS format (quality review, compilation where necessary) Analyse financial results in-depth and investigate areas of concern Produce reports in accordance with IFRS Accurate and according to deadline Develop explanation for various items in AFS Ensures all new developments in IFRS are incorporated Performance targets in terms of strategy are achieved 5 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 Variance reporting and explanatory comments in formal results report Compilation and approval by local board of directors of annual budget Country projects and initiatives Performance targets in terms of strategy are achieved Agreed turnaround times met or improved on 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 programme Employee grievances resolved Zero deviations from company policies and procedures Agreed performance contracts in place and contain agreed goals, targets and are aligned to the job profile Performance reviewed in line with policy guidelines Optimal individual and team performance Competency development plans in place for all employees Approved career / succession plans in place Quality and quantity outputs in line with world-class performance and company values Effective transfer of skills and knowledge Realisation of individual employee’s highest potential High performance work environment created Manpower needs reviewed at agreed intervals Deviations and variances from plan accounted for and adjusted Manpower plan in place and implemented in line with business plan Annual training and development plans in place Technical: Strong analytical skills Full understanding of IFRS, and financial policies Strong internal control understanding and application Ability to work well within a team across multiple functions Strong excel and MS office skills Ability to handle multiple projects at the same time Attention to detail and accuracy Customer led (meet customer expectations, give high priority to customer satisfaction) Excellent problem-solving skills (diagnose, define, and solve problems by developing alternative solutions) Documentation and implementation of processes and procedures

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