Latest Jobs at LandWey Investment Limited

Job Description

• The Head, Internal Audit has responsibility for overseeing the day-to-day activities of the IA Department. The job incumbent partners with Landwey’s management team and employees at all levels to achieve objectives consistent with the company’s corporate strategy and business goals.
• This is achieved by providing periodic independent assessments of the integrity of business processes, levels of compliance to lay down procedures and controls, and also the efficiency and financial regularity of company operations.
• The position incumbent champions the implementation of effective Risk Management policies, systems and controls across the company and oversees all periodic internal auditing activities, including EHS (Environmental Health & Safety) and systems audits.
• The objective is to provide continuous assurance that the business, systems and operational risk exposures the company may face are understood and managed appropriately within Landwey’s dynamically changing business landscape and environmental context.
• Finally, the Head, IA handles fraud detection, investigations and crisis management as may be required from time to time.

Key Functions & Responsibilities

Strategic

• Champions and direct the formulation and articulation of Landwey’s Risk
• Management philosophy, emphasizing the company’s risk tolerance levels/stance and threshold points for various elements of risk.
• Oversees the Internal Audit function as a whole and provides leadership direction to the department.
• Ensures Landwey is able to maintain the integrity of all business operations/ transactions and activities as the company grows, through the development, implementation and continuous monitoring of the risk management and control framework (systems, structures, policies and procedures)
• Ensures shared understanding of, and creates company-wide awareness about the various risks inherent in Landwey’s business context and operations and works with various employee groups to develop and execute effective risk mitigation strategies
• Facilitates the evolution of a strong and effective risk management culture across the company to ensure all business activities are carried out in accordance with relevant ● industry regulations, risk management standards and company policy

Operational

• Directs the execution of audit work plan and conducts the necessary supervision in accordance with the internal audit policies and procedures, prescribed audit objectives and generally acceptable auditing standards.
• Ensures the effective integration of Landwey’s Risk Management plan with day-to-day operations, and in so doing regularly interfacing with the various functional areas and employee groups to determine areas of mutual collaboration towards the achievement of compliance and business effectiveness objectives.
• Appraises the extent of compliance by various functional areas with policies, procedures, plans and legislation and monitors actions agreed to address areas of high risk and/or control lapses observed.
• Participates in the development of strategic and tactical plans which will assure long term growth, profit and operating efficiencies.
• Conducts appraisals of the adequacy/efficacy of the company’s internal audit strategies, structures, systems and procedures.
• Champions initiatives related to achieving improvements in the effectiveness of the company’s risk management and internal audit strategies, philosophies and systems
• Evaluates the adequacy of controls in the company's business operational systems.
• Reviews systems and procedures across all business areas and recommends improvements to existing processes and procedures, where appropriate.
• Appraises the economy, efficiency and effectiveness with which company resources are deployed
• Provides advice to functional areas on various administrative and financial matters, especially those that may create risk and control lapses
• Maintains contacts and liaises with the company's external auditors to ensure complementary effort.
• Conducts ad-hoc and confidential investigations on control breaches, as may be necessary from time to time.
• Manages loss recoveries.
• Provides timely, comprehensive and accurate review and situational reports to the Management.
• Manages the performance of the Internal Audit staff.
• Ensures ISO certification compliance monitoring and annual re-certification process.

Key Performance Indicators

• Compliance rate with laid down operating policies & procedures & service standards
• Rate of irregular activities and frauds as a result of control lapses
• Adequate inspection coverage of all Landwey Operations and Business units
• Number of spot checks and reviews per period
• Timeliness in conducting investigations, relevance of findings and effectiveness of action plans
• Number of queries from the regulatory authorities and external audit reports
• Quality and timeliness of reports and updates
• Adequacy of risks and controls of the operational activities
• Efficiency rate of operational activities

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, Economics or other related area.
• 10-15 years cognate work experience, 3 years of which must have been at Senior Management level and Audit related from a reputable organization/Institution.

Knowledge & Skills Required

• Real Estate Industry Dynamics
• Audit Planning
• Systems Audit
• Accounting (Management & Financial)
• Financial Analysis/Interpretation
• Audit Investigations & Documentation
• Business Process
• Analytical Thinking & Conceptualization
• Budgeting & Budget Monitoring
• Leadership/ Supervisory
• Customer Focus/Service Orientation
• Internal Controls
• Oral and Written Communication
• Project Management
• Total Quality Management
• Risk Management
• Relationship Management

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Job Overview:

• As the CFO, you will play a critical role in driving our financial strategy, managing financial operations, and providing strategic guidance to support our growth and profitability objectives.
• You will oversee all financial aspects of the company and its subsidiaries, ensuring accurate reporting, sound financial decision-making, and compliance with relevant regulations.
• This is a high-level leadership position that requires strong analytical skills, business acumen, and the ability to collaborate effectively with various stakeholders.
• The person will ensure internal controls are effectively in place and functional.
• He/she will also ensure compliance with applicable rules and regulation.
• This job reports to the GMD and the incumbent shall function in accordance with the applicable policies and regulations.
• The goal is to protect the company and its subsidiaries revenues and profits to achieve full financial control and sustainable growth.

Planning:

• Monitor and direct the implementation of strategic business plans
• Assist in formulating the company's future direction and supporting tactical initiatives
• Develop financial and tax strategies
• Manage the capital request and budgeting processes
• Prepare and present financial data
• Plan the organization’s financial strategy
• Prepare reliable current and forecasting reports
• Develop performance measures and monitoring systems that support the company's strategic direction.

Operations:

• Participate in key decisions as a member of the management team
• Oversee the financial operations of subsidiary companies
• Manage any third parties to which accounting or finance functions have been outsourced
• Oversee the company and its subsidiaries transaction processing systems
• Ensure cash flow is appropriate for the organization’s operations
• Manage team of financial controllers and financial analysts.
• Implement operational best practices

Risk Management:

• Perform risk management by analyzing the organization’s liabilities and investments
• Maintain appropriate insurance coverage
• Ensure that the company complies with all legal and regulatory requirements
• Ensure that record keeping meets the requirements of auditors and government agencies
• Report risk issues to the audit committee of the board of directors
• Maintain relations with external auditors and investigate their findings and recommendations
• Decide on investment strategies by considering cash and liquidity risks

Funding:

• Monitor cash balances and cash forecasts
• Control and evaluate the organization’s fundraising plans and capital structure
• Arrange for debt financing and equity financing
• Perform other responsibilities associated with this position as may be appropriate and assigned.

Competencies:

• Minimum 7+ years’ experience as Chief Financial Officer
• BSc/BA in Accounting, Finance or relevant field; MSc/MBA
• Master's degree in Accounting or Business Administration
• MBA in Finance is a plus
• ICAN Certified
• Outstanding track record in influencing decision making within a business and improving performance with substantial positive profit impact
• Hands-on experience with budgeting and risk management
• Excellent knowledge of corporate financial law

Skills & Attributes

• Strong leadership and organizational skills
• Ability to analyse and present financial data
• Ability to work with tight deadlines
• Outstanding analytical and problem-solving abilities