Chief Financial Officer at Andersen

Job Summary

Our Client, a leading electrical distribution company in the Energy Sector, is looking to hire a Chief Financial Officer. The Ideal candidate will plan implement, manage and run all the finance activities of the company, including business planning, budgeting, forecasting and negotiations. In addition, develop and Implement effective financial management policies and procedures that will strengthen the financial system of the company.

Responsibilities

• Develop, monitor and evaluate overall financial strategy and day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. 
• Assume direct responsibility for accounting, finance, forecasting, strategic planning, costing, corporate finance, Board and investor relationships, financial compliance and institutional financing. 
• Develop the financial strategy to drive the direction and leadership of the business for sustainability, growth and meeting performance targets. 
• Provide leadership in the development and continuous evaluation of short and long-term strategic financial objectives. 
• Take ownership of the company strategic plan, and on a monthly, quarterly and annual basis, provide consolidated reports on the overall performance of the company against set strategic targets and work with all company directorates and departments to advise on strategies to ensure the company meets its targets 
• Provide recommendations to strategically enhance financial performance and safeguard overall long-term business value. 
• Direct and oversee all aspects of the Corporate Finance and Accounting functions of the company. 
• Manage processes for financial forecasting, budgets & consolidation and reporting of the Company 
• Oversee the day-to-day finance and accounting operations to ensure timely and accurate financial information with appropriate internal controls, including maintaining up-to-date accounting records. 
• Ensure timely and accurate preparation of financial reports, monthly, quarterly, and annually by applicable local and international standards and circulating these to Board members and Management on a monthly, quarterly and annual basis. 
• Own and coordinate all financial audits as well as working with the Board Finance Sub-Committee and External Auditors to ensure timely completion, sign-off and filing of annual audited accounts.
• Take responsibility for all tax and statutory matters (e.g., income tax, PAYE, pension group life, VAT. etc.), including the implementation of optimal tax structuring for the company, and accurate preparation of all tax returns and other statutory and regulatory information as required by governing bodies.
• Ensure legal and regulatory compliance regarding all financial functions and commitments of the company. 
• Lead interactions with international and local financiers to raise capital to fund the operations and growth of the company. 
• Review, manage and establish as needed, internal systems and controls, operations, processes and financial procedures to ensure the integrity of financial information and reporting. 
• Evaluate and administer financial risk management and insurance policies. 
• Maintain banking relationships and serve as primary liaison with financial institutions. 
• Manage responsibility for internal and external resources and staff directly involved in the finance functions. 
• Oversee the development and implementation of all procurement policies and procedures. 
• Supervise planning, execution and finalizing purchasing and procurement of goods and services in the company. 
• Develop, monitor and implement the company’s corporate and functional procurement strategy through efficient and effective cost management techniques.
• Manage the contracting, tender and engagement processes of the company to achieve competitiveness, transparency and economies of scale. 
• Oversee the general management and administration of vendors within the company including procurement of goods and services and insurance cover. 
• Develop and maintain a detailed and up-to-date financial model for the company. 
• Perform any other duties as assigned by the MD/ CEO.

Requirements

• A minimum of 10+ years’ post-graduation experience with at least 3 years in a senior management role preferably in the energy, telecommunication, or banking sector.
• BSc in Accounting or Finance or related discipline. 
• MBA or Master in a related discipline will be an added advantage 
• The possession of ICAN/ACCA certification is compulsory.

COMPETENCIES

• In-depth understanding and hands-on experience of Financial Management Systems and Energy Accounting.
• Working knowledge and understanding of Internal Control and Financial compliance.
• Ability to appreciate the system impact of various policies, practices and issues strategically and holistically.
• Practical, pragmatic and able to exercise initiative and sound judgment. 
• Demonstrate analytical and conceptual skills to plan budgets.
• Possess good communication skills at all levels.
•  Good working knowledge of Microsoft Word and Excel and Accounting Software. 
• Excellent communication (written and oral), interpersonal and negotiation skills.
• High level of integrity and demonstrated ability to manage confidential information. 
• Good analytical and problem-solving skills. 
• Excellent organization and management skills. 
• Strong leadership, supervisory and people management skills.
• High sense of responsibility, accountability and dependability.