a Client in the Tema Heavy Industrial Area, we are looking for a

‘CFO’/Head of Finance m/f

prefer a 30-45-year old but again, not a must

(they do not use ‘C’ titles)

Must have

A strong leadership personality and genuine business acumen
MBA or MSc in Accounting/ Finance
At least 7+ yrs of experience in a senior finance role
People Management experience of 3+ years
Min 4-5 years of experience/exposure in the manufacturing industry
A big plus: 4-5 yrs senior financial work experience abroad

French is another welcome plus…

Purpose of the Job

Develop and implement financial and management accounting systems, policies/procedures to ensure prudent financial and revenue management to enhance business operations of the Company.

Emphasis is on “enhance business operations”… You understand and can help as a CFO to enrich and optimize other business processes like Supply Chain, Sales, etc

The Client is not just looking for a number cruncher’ (no offense meant please)

You will report to the CEO

Internal Relations

CEO
Senior Officer Finance (reports to you)
Finance Team
All Departments

External Relations

Ghana Revenue Authority
SSNIT NPRA
Corporate Organisations MDAs
Financial Institutions Service Providers
External Auditors

Key Result Areas

Strategy & Policy Development Financial Accounting
Management Accounting
Revenue Generation & Management Warehouse Management
Stakeholder Relations & Management Information & Reporting
Employee Performance & Development

Key Responsibilities

Strategy & Policy Development

Develop the strategy/business plan for the Finance Department as input into the overall corporate strategy and monitor its implementation.

Develop policies, standard operating procedures (SOPs), workplan and other support systems including monitoring mechanisms in managing the Department to achieve set targets.

Financial Accounting

Lead the implementation and maintenance of internal financial controls. This involves the following:

Implementation and effective monitoring of all system accounts (General Ledger, Fixed Assets Register, Debtors and Creditors accounts, etc.) to ensure accurate balances
Preparing complete and accurate financial reports and analysis
Monitoring key financial risk indicators
Contributing to the improvement of the overall control environment of the Company. Monitor cash resources and advise on investment opportunities as appropriate.

Direct the preparation of periodic Cash Flow Statements in line with approved policies and guidelines.

Develop accounts payable/receivable systems and monitor their implementation to ensure that all payments are in line with approved accounting policies/guidelines.

Review and analyze periodic bank reconciliation statements and accounts reconciliation and initiate corrective actions where necessary.

Review and analyze financial accounting systems and advise on any inconsistencies for remedial action.

Vet and certify bills, invoices, claims, advances, salaries, etc. prior to payment to ensure consistency with laid down policies.

Management Accounting

Coordinate the preparation of the annual operating budget of the Company and monitor its implementation against expenditure and planned budget.

Responsible for the preparation of variance analysis of revenue and expenditure against budget and report/advice on any deviations for corrective action.

Responsible for the development of effective Fixed Assets Register system and monitor its implementation to ensure compliance.

Monitor to ensure compliance of statutory deductions and payments (i.e. Tax, SSNIT, etc.).

Monitor cost/expenditure and prepare relevant reports to guide Management in decision-making.

Revenue Generation & Management

Responsible for managing all short- & long-term investments of the Company.

Liaise with the Business Development & Marketing Department to develop a comprehensive pricing mechanism to facilitate sales operations and stay competitive in the Market.

Review and identify risks associated with revenue generation/procedures and initiate action for the improvements of control plans.

Analyze financial statements to determine revenue/income flow to aid in financial forecasting and planning.

Engage in ongoing cost reduction analysis in all areas of the company.

Participate in target costing activities to create products that meet predetermined price goals.

Participate in the determination of product pricing in relation to features offered and competitor pricing

Interpret the company’s financial results to management and recommend improvement activities

Monitor financial transactions, sales contracts, etc. with clients to ensure compliance with approved policies and contract terms.

Liaise with Banks to ensure timely and accurate cash deposits and transfers to facilitate business operations.

Monitor to ensure accurate and timely preparation of bank reconciliation statements.

Warehouse Management

Direct and manage the warehouse function in accordance with approved policies/procedures and regulatory requirements.

Direct and supervise stock accounting activities of the Company to ensure effective management of the warehouse function.

Stakeholder Relations & Management

Maintain professional working relationships with Service Providers, Clients, External Auditors, Regulatory Agencies, Financial Institutions and other stakeholders in the area of financial management.

Manage business relationships with counter- parties as appropriate.

Information & Reporting

Stay abreast with legislations, rules/regulations and international best practices in Financial Management to facilitate and enhance the business operations of the Company.

Responsible for the maintenance and update of records on financial and non-financial data to facilitate qualitative and quantitative analysis of the Finance function to support Management decision- making.

Responsible for the preparation of monthly, quarterly and annual financial reports.

Monitor to ensure that all financial and management accounting reporting systems are in line with regulatory requirements and International Financial Reporting Standards.

Coordinate the preparation of annual statutory financial statements.

Monitor to ensure timely preparation and submission of statutory reports and returns to the GRA, SSNIT and other regulatory bodies.

Employee Performance & Development

Hold direct reports accountable for the performance of assignments in their respective areas of responsibilities.

Conduct performance appraisal and provide input for career development and recommend performance incentives for subordinate staff.

Identify training needs and facilitate training for subordinate staff

JOB SPECIFICATION

Education

Masters Degree or equivalent professional qualification in Accounting, Finance or related field. Must be a member of a recognized professional body.

Professional Qualification

You are a fully Chartered Accountant

Experience

Seven (7) years of relevant working experience with at least 3 years in a management position.

Knowledge & Skills

Demonstrated knowledge in the use of accounting methodologies and tools. Proven planning and organizing skills.
Considerable knowledge of the International Financial Reporting System (IFRS), Accounting and Auditing Standards.
Good financial knowledge, including treasury management, investment planning, asset allocation, etc.
In-depth knowledge and experience in strategic planning. Proven ability in financial modeling and forecasting.
Excellent analytical and problem-solving skills.
Strong negotiation and conflict management skills.
Excellent communication, presentation, and report writing skills.
High ability to work in a fast- paced and often pressured environment.
Ability to develop and maintain professional relationships with internal and external stakeholders and work effectively with all categories of employees.
Good knowledge in project management.
Good knowledge in the use of accounting/financial software and tools, Microsoft Word, PowerPoint, Excel, MS Project, Internet etc.
Good knowledge and understanding of enterprise-wide accounting information systems. Good managerial, coaching and interpersonal skills in a “team” setting.

Location

The Company is based in Tema Heavy Industrial Area

Working Days

This is a 5-day a week job but occasionally you might need to work half days on Saturdays

Salary + Benefits

The Target Salary for this role is around 14..000- 20.000 net – depending on your experience, education, professional qualifications, etc please.

SALARY IS OPEN for truly stellar candidates

How-to Apply

(if you can’t follow instructions, please do not apply)

As a professional, we expect you to properly follow these instructions please:

Apply only if you really qualify – must have solid 7+ yrs accounting & finance experience, including team management-
You are a CA – not just Level-3
please no candidates with irrelevant experiences!!!! Manufacturing experience is a must
your CV should have accomplishments and budgets and people that you have managed and not a mere list of tasks/duties per role – a generic CV will not ‘fly’ with the client.
Send us your highly customized 2-3 page CV�(longer CVs will be rejected since they do not reflect an ability to communicate with brief focused clear sentences) CV in Word(so NO PDF files please) to: CV @ HIREgh . com (remove empty spaces) with the appropriate heading: ‘CFO Tema’ in your email’s subject/ Title line.
Ideally, please use Arial font Number 10 for all of your CV and Arial font Number 12 and capitals for your headings, please
Also, please indicate when is the earlier that you can start
Tell us please whether you already live in Tema and if not, whether you are open to relocation (not a must)
Give us your WhatsApp number, please
Please give us a current net income indication
Once again: DO NOT SEND a CV that is 4 pages long nor a CV in PDF format or as GoogleDoc–our ATS is set to ignore CVs longer than 3 pages
Please: No Google Docs either – we do not have permission to open them and getting one from you is too complex
If you don’t follow these instructions, you will not be considered for these roles

A FAIR WARNING

: if you don’t customize your CV don’t expect that it will go through with flying colors and the client will invite you for an interview

We are looking forward to receiving your CV and meeting with you this week.

Thank you,

HIREghana

_________________

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Disclaimer

We do NOT charge any fees – basically we do NOT work for you; so be extremely polite with us
We will ignore any application if our instructions are not followed (up).
We might amend, delete or expire jobs at any time without notification.
We reserve the right not to proceed with filling the position.
An application will not in itself entitle the applicant to an interview.
We only follow up with successful candidates.