Job Summary
Our client is an investment holding company in Africa. They seek to hire a Chief Financial Officer who will manage the Organization’s financial operations, including the implementation of strategies and establishment of goals to achieve growth, profit, operational efficiency and customer service objectives.
Minimum Qualification:Bachelor
Experience Level:Senior level
Experience Length:5 years
Job Description
Industry: Financial Services
Location: Nairobi
Salary: 300k - 350k
Responsibilities
• Coordinate periodic statutory examinations
• Financial Policy Formulation
• Coordinate the preparation of accounts, profitability reports, expense reports and the analysis and assessment of each profit/cost center and total organization
• Ensure the organization’s asset/ liability position is efficiently managed
• Ensure that periodic statutory returns are prepared and sent to regulatory authorities
• Manage the budgetary process to ensure compliance with statutory regulations
• Monitor the organization’s financial position to ensure compliance with the organization and statutory requirements
• Monitor / control organization-wide costs position
• Drive the company’s financial planning
• Perform risk management by analyzing the organization’s liabilities and investments
• Decide on investment strategies by considering cash and liquidity risks
• Control and evaluate the organization’s fundraising plans and capital structure
• Ensure cash flow is appropriate for the organization’s operations
• Oversee financial planning to optimize returns on investments and co-ordinate annual tax computation /returns
• Plan and coordinate activities of statutory examiners
• Report contravention of statutory regulations to the Board
• Respond to Audit/ Examination reports
• Seek equity financing from investors to finance short and long-term needs of the organization.
• Perform other duties as assigned by the CCE
Qualifications
• Bachelor’s degree in finance or equivalent
• Master’s degree or its equivalent g. MBA, MSC
• Professional chartered accounting certification- CFA, ACA, ACCA.
• Good understanding of Accounting, Banking, Oil & Gas, Properties, Health Care, Tax and regulatory issues
• Bookkeeping and organizational administration knowledge
• Conversant with IFRS Basel II & IFRS Standards especially IFRS 9
• Financial statements preparation and reporting knowledge
• Good leadership, numerical, analytical, Problem solving, credit analysis, appraisal skills
• Strategic Focus
• Sociable with good interpersonal skill
• Good written and oral communication skill
• Good presentation skill
• Organization and coordination skills
• Above average IT exposure (good knowledge of Excel, Word, and Power Point) Performance driven
Key Performance Indicators
• Ensure 100% accuracy in financial data
• Ensure / protect accounting integrity and comprehensiveness of general ledger and other
• financial records
• Prompt rendition of returns
• Budget Variance
• Capital Adequacy Ratio
• Regulatory Infractions
• Cost to Income Ratio
• Cost Savings Initiative
• Management Account reporting
• Volume and value of regulatory penalties due to non-compliance
• Timely remittance of statutory returns
• Frequency of avoidable additional liability resulting from tax investigation and queries
• Accurate and timely computation of tax liability
• Reduced tax liability
• Financial statement preparation (Cash flow, Income Statement, Financial Position, etc.)
• Compliance with policies & procedures.
• Process improvement initiatives.
How to Apply:
If you are up to the challenge, possess the necessary qualifications and experience; please send your CV only quoting the job title on the email subject (Chief Financial Officer - Investment Firm) on or beforeFriday 15th May 2020.
Kindly indicate current/last salary on your CV.
Industry: Financial Services
Location: Nairobi
Salary: 300k - 350k
Responsibilities
• Coordinate periodic statutory examinations
• Financial Policy Formulation
• Coordinate the preparation of accounts, profitability reports, expense reports and the analysis and assessment of each profit/cost center and total organization
• Ensure the organization’s asset/ liability position is efficiently managed
• Ensure that periodic statutory returns are prepared and sent to regulatory authorities
• Manage the budgetary process to ensure compliance with statutory regulations
• Monitor the organization’s financial position to ensure compliance with the organization and statutory requirements
• Monitor / control organization-wide costs position
• Drive the company’s financial planning
• Perform risk management by analyzing the organization’s liabilities and investments
• Decide on investment strategies by considering cash and liquidity risks
• Control and evaluate the organization’s fundraising plans and capital structure
• Ensure cash flow is appropriate for the organization’s operations
• Oversee financial planning to optimize returns on investments and co-ordinate annual tax computation /returns
• Plan and coordinate activities of statutory examiners
• Report contravention of statutory regulations to the Board
• Respond to Audit/ Examination reports
• Seek equity financing from investors to finance short and long-term needs of the organization.
• Perform other duties as assigned by the CCE
Qualifications
• Bachelor’s degree in finance or equivalent
• Master’s degree or its equivalent g. MBA, MSC
• Professional chartered accounting certification- CFA, ACA, ACCA.
• Good understanding of Accounting, Banking, Oil & Gas, Properties, Health Care, Tax and regulatory issues
• Bookkeeping and organizational administration knowledge
• Conversant with IFRS Basel II & IFRS Standards especially IFRS 9
• Financial statements preparation and reporting knowledge
• Good leadership, numerical, analytical, Problem solving, credit analysis, appraisal skills
• Strategic Focus
• Sociable with good interpersonal skill
• Good written and oral communication skill
• Good presentation skill
• Organization and coordination skills
• Above average IT exposure (good knowledge of Excel, Word, and Power Point) Performance driven
Key Performance Indicators
• Ensure 100% accuracy in financial data
• Ensure / protect accounting integrity and comprehensiveness of general ledger and other
• financial records
• Prompt rendition of returns
• Budget Variance
• Capital Adequacy Ratio
• Regulatory Infractions
• Cost to Income Ratio
• Cost Savings Initiative
• Management Account reporting
• Volume and value of regulatory penalties due to non-compliance
• Timely remittance of statutory returns
• Frequency of avoidable additional liability resulting from tax investigation and queries
• Accurate and timely computation of tax liability
• Reduced tax liability
• Financial statement preparation (Cash flow, Income Statement, Financial Position, etc.)
• Compliance with policies & procedures.
• Process improvement initiatives.
How to Apply:
If you are up to the challenge, possess the necessary qualifications and experience; please send your CV only quoting the job title on the email subject (Chief Financial Officer - Investment Firm) on or beforeFriday 15th May 2020.
Kindly indicate current/last salary on your CV.
