Reporting to the Chief Executive Officer
Job Purpose:
To oversee and strategically manage the financial activities of the Group ensuring fiscal discipline, operational efficiency, and sustainable growth. This is a pivotal role in financial planning, risk management, decision making and maximising shareholder value.
Job Function:
Strategic Financial Leadership:
Formulate long-term financial plans that align with the company's strategic objectives.
Analyse market trends and competitor strategies to inform and support sound financial planning and decision-making
Prepare and present detailed financial reports to the CEO and the board of directors, which comply with regulatory standards
Provide actionable recommendations based on thorough financial analysis and projections
Financial Management:
Lead the annual budgeting process, ensuring alignment with strategic goals
Monitor and management company's cash flow and working capital investments to ensure liquidity
Optimize the company's capital structure and funding strategies
Analyse and control costs to enhance profitability
Identify risk areas that the business line may be exposed to in terms of contract entered into and to mitigate such risks by way of ensure adherence to sound commercial terms and conditions, including credit limits, payment terms etc
Risk and Compliance Management:
Identify and mitigate financial, legal, tax, and compliance risks across the group, developing robust strategies to address them
Conduct regular risk assessments and audits to ensure compliance and safeguard the group's financial health
Establish and maintain internal controls to protect the group's assets and ensure the integrity of financial operations
Stakeholder Engagement:
Manage relationships with banks, auditors, and other financial institutions
Negotiate financing terms and conditions with lenders
Ensure compliance with all financial regulations and standards
Oversee tax planning and compliance with local and international tax laws
Building a Successful team:
Facilitates goal accomplishment. Makes procedural or process suggestions for achieving team goals or performing team functions; provides necessary resources or helps to remove obstacles
Develops direction to clarify team members' roles and responsibilities; helps ensure that necessary steering, review, or support functions are in place. Informs others on team; Shares important, relevant information with team