Country Finance Manager at Zola Electric

Position

• To manage the operational financial functions of the country to minimise financial risks and manage the sustainability of operations in the country.

Major Responsibilities

• Participate in strategic meetings to develop and implement Finance strategy for the country, taking into account country interests, relevant regulation, corporate standards and guidelines
• Develop implementation plan of Financial Strategy in collaboration with the team and monitor implementation therein
• Budget Management and Cash Flow Management activities; including periodic cash flow projections, devising and implementation of policies and procedures, payment approval processes, providing guidance to management to optimize expenditure etc.
• Ownership of Country Financial Statements: Overall accountability for postings to the country financial ledgers. Reviewer and approver of periodic expenditure reports, monthly reconciliations and annual financial statements.
• General administration of Financial Management, including management and maintenance of an effective document management system and ensuring that all operating permits are in place
• Inventory and Fixed Asset Management: Periodic verification of stock counts, writing-off of stock losses, management of asset register and ensuring that an active insurance policy secures assets
• Risk Management: Devising and implementing periodic financial and operational risk assessments and internal audits to ensure that risks are properly managed
• Budget Management: Responsible for developing and monitoring annual departmental budgets, assessment of budget variance and authorize expenses
• Stakeholder Management: Actively participate in periodic meetings, provide operational updates to country MD, provide financial advice to country MD/heads of departments and maintaining working relationships with relevant authorities especially Revenue Authority
• People Management: Responsible for leading the recruitment, managing learning & development and managing performance reviews of own team members

Requirements

• Relevant post-graduation qualification CA, CPA, or Bachelor’s Degree in Finance.
• 5+ years financial management experience
• Knowledge of financial management principles
• Knowledge of financial systems
• Understanding of the local business environment
• Knowledge of the relevant financial legislation pertaining to the country
• Strategic planning skills
• Leadership skills
• People management skills
• Risk management skills