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Finance Director

JOB SUMMARY

Company Confidential
Industry Telecommunica...
Category Finance
Location Accra
Job Status Full-time
Salary GH¢ 
Education Bachelor̵...
Experience 5 years
Job Expires Oct 18, 2024
Contact ...
 

Job Description

PURPOSE OF THE JOB 
Finance Director is responsible for maintaining, closing and delivering consolidated financial statements. Proposes and implements improvements in accounting and reporting systems along with internal controls to facilitate accurate and timely reporting. In addition, the Finance Director assists with ongoing compliance efforts
 
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
  • Providing and interpreting financial information;
  • Lead full spectrum of finance, accounting, statutory reporting and implementing, accounting and effective internal control systems, ensure full compliance of statutory
  • Manage the intercompany fund transfers, intercompany borrowing / loans as well as the reimbursement payments of each company. Daily cash management including intercompany subsidiary funding and related journal entries and other payment requests worldwide
  • Responsible for the preparation and reporting of consolidated financial results, Annual Report, Tax computation, effective cash flow planning and
  • Monitoring and interpreting cash flows and predicting future trends;
  • Analyzing change and advising accordingly;
  • Formulating strategic and long-term business plans;
  • Researching and reporting on factors influencing business performance;
  • Analyzing competitors and market trends;
  • Liaising with auditors to ensure annual monitoring is carried out;
  • Developing external relationships with appropriate contacts, e.g. Auditors, solicitors, bankers and statutory organizations such as the inland revenue;
  • Producing accurate financial reports to specific deadlines;
  • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash
  • Reconcile bank and investment accounts
  • Review monthly results and implement monthly variance reporting
  • Manage the cash flow and prepare cash flow forecasts in accordance with policy
  • Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll
  • Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation
OTHER DUTIES AND RESPONSIBILITIES
  • Managing budgets;Establish guidelines for budget and forecast preparation.
  • Keeping abreast of changes in financial regulations and legislation.
  • Liaise with auditors, tax agent, corporate secretary and other government statutory boards.
  • Forecast cash flow positions, related borrowing needs, and available funds for investment.
  • Maintain banking relationships
  • Carry out duties and responsibilities in accordance with ISO requirements, policies and applicable laws.
  • Ensure the development of SHERQ practices for the company and oversee compliance with those practices
  • Facilitate, maintain, and manage all required activities related to updating and publishing relevant policies and procedures for the company on the Group and Subsidiaries levels.
  • Comply with Netis SHERQ policies and procedures;
  • Take personal responsibility for your Health and Safety and others within the company;
  • Ensure not to put other people, fellow employees and members of the public at risk by what you do or do not do in the course of your work.
  • Ensure full compliance with NETIS Lifesaving rules and other relevant regulations within their respective departments.
  • Organize and conduct trainings on HSE matters, emphasizing safety protocols and best practices.
  • Lead and participate in field audits (boots not suits audits) to assess safety compliance and identify areas for improvement.
  • Promote a strong safety culture within their departments through effective communication, training, and awareness programs.
  • Collaborate with cross-functional teams to implement HSE initiatives and improve safety performance.
  • Monitor and evaluate the effectiveness of HSE programs and procedures, recommending and implementing corrective actions as necessary.
  • Allocate resources and establish priorities to support HSE initiatives within the department.
  • Provide leadership and guidance to departmental team members on HSE matters.
  • Apply the stop work authority in case of non-compliance with the company’s Lifesaving rules.

SUPERVISORY RESPONSIBILITIES

  • Work with senior teams to grow the businesses formulating strategies and plans
  • Lead and develop finance teams
 
KEY PERFORMANCE INDICATORS
  • Developing financial management mechanisms that minimize financial risk;
  • Arranging new sources of finance for a company's debt facilities;
  • Managing a company's financial accounting, monitoring and reporting systems;
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
  • Adherence to HSE policies.
  • Formulation of financial policies and procedures and ensure compliance with the Group policies, reviewing & evaluating the Group’s financial performances to achieve corporate objectives
GENERAL DUTIES
  • Any other duties that may be assigned.

Required Skills or Experience

MINIMUM REQUIREMENTS / QUALIFICATION
  • Bachelor Degree in Finance / MBA/MSc in Finance
  • Professional Qualification
EXPERIENCE
  • At least 5 years in managerial position with experience in multinational listed companies
  • Self-motivated, detailed oriented and committed to work hard in order to meet deadlines
  • Experience in the Telcom Industry
  • Advanced Excel skills, ability to work with lookups and pivot tables.

KNOWLEDGE

  • Strong knowledge in income statement analysis.
  • Proficiency in Microsoft Word, Outlook and PowerPoint.
  • Experience with ERP Financial Analyzer or equivalent
  • Self-motivated to learn new concepts and participate in new projects
  • Must be able to effectively work with non-finance colleagues across the organization
  • Hands on experience in ERP systems, such as Sage, QuickBooks and financial software packages like Tally, MS Office, internet and e-mail applications
  • Strong analytical skills with excellent attention to detail as well as excellent interpersonal and communication skills.
SKILLS & ABILITIES
  • Possess excellent analytical, organizational, problem solving skills and interpersonal skills.
  • Excellent leadership qualities and able to interact effectively with all levels of staff
  • Strong verbal and written communication skills.
  • Behave Ethically: Understand ethical behaviour and business practices and ensure own behaviour and the behaviour of others is consistent with these standards and aligns with the values of the organization
  • Build Relationships: Establish and maintain positive working relationships with others both internally and externally to achieve the goals of the organization.
  • Foster Teamwork: Work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance organizational effectiveness.
  • Lead: Positively influence others to achieve results that are in the best interest of the organization.
PERSONAL ATTRIBUTES
  • Ability to withstand pressure
  • Cultural sensitivity
  • Reliable
  • Honesty and Integrity
  • Ability to multi-task
  • Proactive

How To Apply

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