VACANCY: Finance Director

JobnetAfrica , Ghana , Accra

Vacancy Summary

  • Sector: Accountancy, Business Services
  • Field of Expertise: Finance / Accounting
  • Work Experience: 11-15 years
  • Preferred Candidates: Both international and national jobseekers invited to apply
  • Posted on: Aug 27, 2022
  • Vacancy closing date: Oct 10, 2022

Job Description

Position: Finance Director
Location: Accra, Ghana
Reporting to: COO - West Africa & Middle East and Country Director, Ghana (Matrix)
POSITION SUMMARY:
This role requires a highly analytical Finance Director who oversees the accounting, financial strategic planning, controls, and financial reporting for all businesses in Ghana and performs regular financial analysis. He or she works closely with the Head of each business to understand spending and revenue patterns and develop solutions that overcome problem areas and mitigate risk. The Financial Director is an experienced finance professional who has a strong background in Finance and Treasury and has had experience working in the agriculture commodity sector.

Key Responsibilities:
Oversee the financial strategic planning of all the businesses in Ghana
Perform regular financial analysis
Recognize patterns in spending, revenue, and recommend solutions to any problem areas.
Identify and update management on risks and come up with possible solutions of how to mitigate these
Perform monthly business review analysis
Accounting and reporting
Develop budgets that meet the requirements of the businesses
Supervise all audit and internal control processes
Liaise with Switzerland, Dallas, and London teams on operational reviews and MMRs (Monthly Management Reports)
Produce timely and accurate financial reports
Maintain an efficient system of accounting records
Review and improve the company’s set of controls and budgets designed to mitigate risk
Enhance the accuracy of the company's reported financial results
Ensure that reported results comply with generally accepted accounting principles (GAAP)
Lead activities associated with process improvements, timely reporting, and the development of appropriate systems to ensure that financial transactions, policies, and procedures are in line with the company’s objectives
Continuously review accounting software, SAP and improving functionality
Manage and develop the Finance team to improve the performance of the department
Coach, develop and performance manage the accounting team
Lead the treasury activities for the business in Ghana
Oversee all cash management activities
Ensure adequate liquidity for working capital needs and invest short term excess cash
Manage inter-company cash, including inter-company lending, dividends, and capital injections
Forecast interest expense and income
Manage the currency exposure in Ghana by working closely with COO and London to ensure the company is properly hedged on currency exposure.
Oversee cash management banking and maintain all the relationships with the banks; negotiate bank and service fees; implement new bank technologies, products, and services to improve cash cycle and simplify company operations.

Qualifications/Requirements:
A (CA) Chartered Accountant qualification preferred
10-15 years relevant professional experience, with 10 at a senior level. Ideally in the Commodity agriculture sector
A thorough understanding of business and financial principles and practices
Excellent mathematical and analytical skills
Experience in managing, developing, and leading a team
A high sense of Integrity
Strong interpersonal skills, ability to build trust and relationships with employees, business managers and financial Institutions
Ability to work in an entrepreneurial, multicultural, multidisciplinary team and deliver high quality work within deadlines to meet objectives
Strong Excel skills