Looking to fill a Chief Financial Officer role for a large African FMCG Giant. The suitable candidate should have a minimum experience of 15 years with at least 5 years in Senior management position within the finance or commercial sector. Should be a BAA Accounting /B. Comm, Chartered Accountant or equivalent, MBA Finance. Role Based in Tanzania.
The role reports to the CEO and he/she will lead a team of people in – Compliance & Commercial; Internal Auditors; MIS Managers; Systems & IT Managers
Duties and Responsibilities cover
He/she will oversee and effectively manage the finances of the group and ensure effective management of company finances to ensure both profit and long term sustainability of results and will act as a custodian of all its assets. The candidate is expected to provide leadership in the design, development and management of the processes which support the finance functions in group. Participation in the development of the organization’s strategic vision and objectives and oversees the implementation of these in the relevant areas.
Ensuring all GROUP assets is properly ensured as the custodian of organisational assets. Establish proper procedures and policies to effectively manage risks related to all GROUP assets. Manage the financial planning, forecasting and reporting processes of the GROUP. Provide management with in-depth analysis of all expenses, income and trends leading to identification of opportunities and threats and recommend appropriate action.
Develop effective internal controls and review processes and promote a culture of continual improvement.
Ensure organisational financial practices comply and adhere to government procedures. Oversee the preparation of accurate and timely financial statements and related analysis and reporting, both internal and external, in line with applicable regulatory and corporate requirements.
Ensure appropriate financial controls are in place and the company is in compliance with established corporate policies and procedures. Oversee the development and implementation of effective tax management strategies, designed to optimise tax payments and reporting obligations. Manage the working capital and forex needs of the company in order to maximise tax flow and maintain healthy financial ratios for the organisation. Plan annual work activities with relevant staff and develop key performance indicators with each staff, ensuring understanding of annual deliverables. Evaluate and manage the performance of staff in the department.
Will work in the capacity as the Secretary to the Board.
Manage Board affairs including, but not limited to, taking a record of Board minutes in the required time and formats, preparation of Board notices, preparation of Board papers for submission to the board, call members of the board to meetings and guiding the board on legal matters such as quorum and statutorily required reporting.
Negotiate and draw contracts to be executed between the company and third parties, Coordinate all legal, regulatory and insurance matters on behalf of the organisation. Ensuring that all board duties are attended to by management