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Job Description
The Chief Financial Officer (CFO) provides operational and professional support to the company and its stakeholders. Responsible of supervising the Finance department, controlling all financial-related activities, and directly assisting on all strategic and tactical matters as they relate to budget management, cost-benefit analysis, forecasting needs, and the securing of new funding.
- Oversee and provide guidance in the development and management of budgets and operating plans.
- Develop performance measures that support the Company’s strategic direction.
- Responsible for implementing and cascading the Company’s strategic plan to all staff and partners and implementing practices to align personnel to deliver on Chema mandate and goals effectively.
- Provide supportive leadership and probity to Chema operations that are efficient, and effective and ensure that there is proper management of all human, financial, and physical resources.
- Accountable for the design, development, operation, and improvement of the systems that are required to deliver the organization’s business plans.
- Contribute to strengthening and overseeing the staff's understanding, adherence, and ownership of the existing systems, policies and procedures of the Company.
- Ensure that the security, safety, health and environment policies are in place, adhered to and regularly reviewed.
- Manage the accounting and treasury processes.
- Oversee the company's transaction processing systems.
- Implement operational best practices and supervise acquisition due diligence and negotiate acquisitions.
- Participate in Credit Committee meetings and provide pre-approval for credit sales.
- Supervise the financial monitoring, reporting and record-keeping within the company.
- Oversee and implement a robust financial management system.
- Ensure prudent management and stewardship of all assets of the Company.
- Report periodic financial results to the General Management and Board of Directors.
- Manage the risks of the Company as set out in the risk management strategy, including the risk management framework and fraud prevention plan as set out in the Company’s policies.
- Monitor all open legal issues involving the company, and legal issues affecting the industry.
- Ensure that the company complies with all legal and regulatory requirements.
- Supervise and manage annual external audit procedures with the auditors and direct the implementation of the recommendations from external audit reports.
- Monitor cash balances and cash flow forecasts.
- Supervise banking arrangements, and debt financing, and maintain banking relationships.
- Develop, monitor and evaluate Key Performance Indicators of the Finance team and conduct the Performance evaluation.
- Guide and support in development, implementation and monitoring of incentives/rewards schemes.
- Identify appropriate training needs for the Finance team as part of in-house capacity building
- Support in the review and implementation of HR policy manual and ensure compliance with local and international Labor laws.
- Work with the General Manager in planning the agenda and materials for the Annual General Meeting, Board, and Operations meetings.
- Initiate and work with the General Manager in developing policy recommendations and in setting priorities for the Company.
- Provide input regarding the Company’s strategy and operational implementation and implications.
- Ensure the company is in full compliance to legal requirements and good corporate governance.
- Review and Optimize Capacity strengthening initiatives of the Company.
- Deliver presentations on behalf of the organization and stand in for the GM as and when required.
- Strengthen coordination and liaison with external partners and shareholders.
Job Requirements
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