Chief Finance Officer at WTS Energy

Job Roles/Responsibilities:

1. Financial Strategy and Planning:
   • Develop and implement financial strategies aligned with the company’s overall objectives.
   • Provide financial guidance to senior management, contributing to the development of the business strategy.
2. Budgeting and Forecasting:
   • Lead the annual budgeting process, ensuring accuracy and alignment with strategic goals.
   • Conduct regular financial forecasting to identify potential risks and opportunities.
3. Financial Reporting:
   • Oversee the preparation of accurate and timely financial reports, including profit and loss statements, balance sheets, and cash flow statements.
   • Ensure compliance with relevant accounting standards and regulatory requirements.
4. Risk Management:
   • Identify and assess financial risks, proposing mitigation strategies to safeguard company assets.
   • Implement effective internal controls to minimize financial and operational risks.
5. Capital Management:
   • Optimize the company’s capital structure to support growth and minimize cost of capital.
   • Evaluate and recommend financing options for major projects and investments.
6. Mergers and Acquisitions (M&A):
   • Assess potential M&A opportunities, conducting financial due diligence and providing recommendations to the executive team.
   • Lead financial negotiations and integration processes for successful acquisitions.
7. Cost Management:
   • Implement cost control measures and efficiency improvements across various project phases.
   • Collaborate with operational teams to optimize project budgets and improve cost-effectiveness.
8. Financial Compliance:
   • Ensure compliance with local and international financial regulations, tax laws, and industry standards.
   • Coordinate with external auditors to facilitate annual audits.

Qualifications/Experience:

1. Education:
   • Bachelor’s degree in Finance, Accounting, or a related field. A Master’s degree (MBA, MSc) is highly desirable.
2. Professional Certification:
   • ACCA (Certified Chartered Accountant), CFA (Chartered Financial Analyst) or its equivalent professional certification is required.
3. Experience:
   • Minimum of 15 years of progressive financial leadership experience, with at least 5 years in a CFO or similar executive role.
   • Experience in the maintenance, installation, construction, and crude refining industries is highly preferred.
4. Industry Knowledge:
   • In-depth understanding of the unique financial challenges and dynamics within the maintenance, installation, construction, and crude refining sectors.
   • Experience with international financial reporting standards (IFRS)
5. Leadership and Communication:
   • Proven leadership skills with the ability to effectively communicate financial insights to non-financial stakeholders.
   • Strong interpersonal skills and the ability to lead and motivate a finance team.
6. Analytical Skills:
   • Exceptional analytical and problem-solving abilities, with a track record of developing innovative financial solutions.
7. Adaptability:
   • Ability to thrive in a dynamic and challenging environment, adapting to changing business needs and priorities.
8. Software Proficiency:
   • Proficiency    in    financial    modeling    and    analysis    software (e.g., Excel, VBA, Power BI)