Chief Financial Officer at Sovereign Finance Limited

Job Responsibilities

• Provide leadership and management to the financial department
• Provide financial strategy recommendations to CEO and executive team
• Identify and address potential financial risks for the company
• Oversee all financial decisions, such as budgeting and auditing
• Implement strategies and systems to improve financial performance
• Support financial department in developing short- and long-term financial goals
• Review financial reports and determine methods to reduce costs
• Serve as a key point of contact for financial department and auditors
• Prompt presentation of the Monthly & Annual Management Account
• Ensuring that financial audits are well and promptly carried out
• Manage Tax agencies, while ensuring that there are minimal Tax related issues by ensuring prompt payment of all Taxes (WHT, WAT, PAYE, etc)
• Ensure Treasury Management is up to date and effective
• Oversee Cashflow and Liquidity position of the company.

Key Performance Indicators

• Turn Around Time on Payment processing
• Liquidity ratio/ Operating Cashflow
• EBITDA Growth
• Overhead Cost Ratio
• SFL Investment yield to Booked Investment (Customers’ Investment Booked)
• Competitiveness of SFL’s rate compared to competition
• Management Report 3rd Working day of the new month
• Account Payable Turnover
• 95% Tax compliance
• 99% Regulatory Compliance
• Number of Audit Journals passed.

Qualifications

• First Degree in Accounting; ACCA, ICAN, MBA will be a added advantage.
• 10 - 15 years relevant work experience.