Job - CHIEF FINANCE OFFICER
CHIEF FINANCE OFFICER
Finance, Dar es Salaam, Tanzania

An amazing once in a lifetime opportunity presents itself for one exceptionally experienced individual to join the team at our client's office as a Chief Finance Officer ( CFO) . The main purpose of this role is to develop and maintain financial strategy, sourcing strategy, policies and procedures and internal controls.

Position Published
4 Sep 2019
Position Updated
4 Sep 2019
Applications Received
46 Applications
Talent Search
In Progress
Shortlist In Progress
2 Shortlisted
Interviews In Progress
0 Interviewed
Job Offer Pending
60% Complete
60%
4 Sep
24292
Applications Received
Search In Progress
Shortlist In Progress
Interviews In Progress
Job Offer Pending
46 Applications
2 Candidates Shortlisted
0 Candidates Interviewed
60% Complete
Job Specification
Reporting Structure
Reporting To
CEO
Supervision Of
Finance Team
Interacts With
Entire team.(All Heads of Departments ,Board & Executive Committee ,Regional Finance Team ,Internal Audit)
Job Description
Evaluate and manage financial performance and manage financial risks
Provide financial decision-support and advisory services to CEO and other departments
Formulates performance standards in the department and ensures that strategic objectives are pursued and achieved.
Ensures that the business achieves or surpasses its profitability targets
Manages the Cash flows ensures efficient debt collection and credit policy.
Meets key line managers weekly regarding their expenditure and carries out monthly variance checks
Secures and negotiates financing facilities with financial institutions.
Ensures that the Company complies with the laws and regulations of the country
Responsible for the tax management position of the Company
Negotiates prices and terms with suppliers, vendors, or freight forwarders
Monitors suppliers performance to assess ability to meet quality and delivery requirements
Prepares financial budgets and management reports thus ensures efficient budgetary control.
Prepares financial results and presents them to the board for approval.
Prepares monthly financial management results and presents them to the CEO and then to the executive committee.
Prepares LTT consolidated financial statements; including working with external auditors.
Direct involvement in strategic mapping for the entire organization by being a member of the Leadership team.
Candidate Specification
Experience
10 years
Education Level
Degree
Qualifications
6 years experience in Senior Management position within the Telecom Industry.Degree in Accountancy, Finance, Economics, Actuarial Science or Related Discipline .Professional accounting qualification such as CPA, CFA, CIMA or ACCA, NBAA registration
Software
MS Office Tools
Equipment
Industry Related
Knowledge Of
Knowledge of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) are a prerequisite.
Skills To
High skills on computer literacy with proficiency on MS Office and business modelling tools
Ability To
Knowledge of Accounting Systems (Financial accounting software), HYPERION
Personality
Good analytical, conceptual and diagnostic skills and Good understanding of the different business functions and their interaction towards the achievement of the business objectives
Other
MBA or MBL will be an added advantage with a High degree of professional judgment and discretion.
Organisation
Industry
Finance
Culture
Multi cultural
Gender Profile
Mixed
Age Profile
Between 25 and 55 years of age
Terms And Conditions
Employment
Permanent
Location
Dar es Salaam, Tanzania
Remuneration
Negotiable
- in USD
Not Calculated
Currency conversions are provided only for comparative purposes.
Remuneration will be paid in TZS.
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