Director, Finance and Investment (DFI) at Fosad Consulting

Job Description

• As the Finance Director, you will be responsible for overseeing all financial aspects of the organization. Reporting directly to the Chief Executive Officer (CEO), you will play a critical role in developing financial and Investment strategies, implementing financial policies, and ensuring compliance with regulatory requirements.
• The Finance Director will lead a team of finance professionals and collaborate closely with other department heads to drive financial performance and support the company's overall objectives.

Job Summary

• Oversee all aspects of Finance and Investment in the organization.
• Develop and collate budgets for all activities of the organization.
• Liaise with all Heads of Directorates to plan realistic budget each year
• Ensure thorough and judicious fund utilization and expenditure in the organization.
• Develop Cost saving strategies for all activities and events.
• Advice on low-risk investment opportunities for the organization.

Principal Duties and Responsibilities

• Overall supervision, preparation of management accounts and financials in our organization.
• Plan budget and co-ordinate monthly financial performance measurement of the organization.
• Formulate and implement all the organization’s financial operating strategy
• Balance Sheet management and diligently scrutinize all financial policies
• Administration of corporate and personal Tax
• Management of relationship with External Auditors and Tax authorities
• Preparation of monthly management reports and Board papers to FIC and EXCO
• Ensuring total compliance with IFRS
• Supervision of payroll functions, store records and the entire finance functions
• Perform any other task as assigned by the Registrar/CEO.

Key Performance Indicators:

• 100% Financial Reporting and Analysis
• 100% Financial Standards compliances
• 100% Statutory relevant returns (ITF, NSIFT, WHT, VAT, PAYE)
• 100% Meeting Statutory deadlines
• 90% Annual Budgetary/Budgetary control/Cost control
• 90% coordination of the organization Chapters (liaising with Zones and Branches)
• 90% Treasury and Investment
• 80% Performance Report of Management Centers
• 90% Stakeholder satisfaction
• 90% Member satisfaction index
• 90% Employee satisfaction index.

Education and Work Experience

• Bachelor's Degree or its equivalent in Accounting or Finance.
• Post- graduate degree in any related field will be an added advantage.
• Member of a relevant professional body e.g. ICAN, ANAN, ACA etc.
• Minimum of 10-15 years relevant experience, with at least 3 years in a Director position and 5 years or any related field experience in a similar organization will be an added advantage.