Position:
Chief Finance Officer (CFO)
Location:
Tanzania
Company
Profile: Our
client a reputable leader in the General Insurance industry with operations in
East Africa – Kenya, Uganda, Tanzania and Rwanda - seeks highly qualified and
experienced individuals for the above mentioned position.
Reports
to:
Managing Director
Main
purpose of the Job
The
Chief Financial Officer (CFO) is responsible for directing and overseeing all
financial and administrative activities/functions of the company including
preparation of current financial reports as well as summaries and forecasts for
future business growth and general economic outlook.
KPIs/
Performance Measurement
- Increase in
total profit revenue through cost management/ cutting initiatives.
- Development and
implementation of sound finance/ accounting policies and procedures.
- Implement
streamlined processes to increase efficiency in the finance/ accounting/
budgeting process.
- Managing the
production of timely financial reports and analysis for management review.
Main
Responsibilities
- Maintain
executive responsibility for financial operations, including working
capital, capital expenditures, debt levels, taxes, budget, and general
accounting.
- Establish and
maintain appropriate internal control safeguards.
- Ensure records
systems are maintained in accordance with generally accepted auditing
standards.
- Develop and
direct financial plans to the strategic business plan, operational plans
company growth, and market opportunities, direction, projects, programs,
and systems.
- Analyze cash
flow, cost controls, and expenses to guide management.
- Establish and
implement short- and long-range departmental goals, objectives, policies,
and operating procedures.
- Establish and
maintain stable cash flow management policies and procedures, and ensure
cash resources are available for daily operations and business and product
development.
- Set-up and/or
oversee all financial and operational controls and metrics within the
organization.
- Analyze current
and future business operations and plans to determine financial
effectiveness.
- Directs
financial strategy, planning and forecasts; conferring with other
departments
- Oversee the
approval and processing of revenue, expenditure, and position control
documents, department budgets, ledger, and account maintenance
- Coordinate the
preparation of financial statements, financial reports, special analyses,
and information reports.
- Interact with
other managers to provide consultative support to planning initiatives
through financial and management information analyses, reports, and
recommendations.
Knowledge
and skill requirements
- Experience in
strategic planning and execution.
- Knowledge of
contracting, negotiating, and change management.
- Knowledge of
finance, accounting, budgeting, and cost control principles including
Generally Accepted Accounting Principles.
- Knowledge of
automated financial and accounting reporting systems.
- Knowledge of
legal and state financial regulations.
- Ability to
analyze financial data and prepare financial reports, statements, and
projections.
- Work requires
professional written and verbal communication and interpersonal
skills.
- Ability to
motivate teams to produce quality materials within tight timeframes and
simultaneously manage several projects.
- Ability to
participate in and facilitate group meetings.
Required
Qualifications
Preferred
Educational Qualification
- Bachelors Degree
in any business field.
- Masters degree
in Accounting, Finance or Business preferred.
- Up to date
knowledge of current financial and accounting computer applications
Preferred
Professional Qualification
- Final
qualifications in either CPA (K), ACCA, CFA or equivalent international
qualification
Number
of years of Experience
- A minimum of 8
years experience in a senior role preferably in the Insurance sector
How
to Apply
To
apply for this position send your CV to mycv@myjobseye.com quoting the position
in the subject line.
Kindly
also mention your current/ last salary and benefits.
Only
shortlisted candidates will be contacted
