Financial & Operational Strategy:
Create and continuously refine country finance strategy.
Negotiate a pipeline of local currency debt to safeguard receivables against forex depreciation.
Own the country financial model, using it to forecast EBITDA targets and the impact of strategy decisions on business performance.
Ensure a line-by-line budget & forecast by all departments and support preparation where required.
Support and drive maintenance/achievement of financial sustainability by guaranteeing:
100% Punctual Funding vs Budget to support business operations.
Manage and analyze Cash-Flow and working capital requirements by:
Understanding the source and uses of cash and maintain integrity of funds received/generated.
Cash-flow forecasting to determine acceptable levels of trending balances.
Actively liaise with other teams for critical funding needs and shortage risks.
Monitor and control accurate records of receivables, safe inventory levels and negotiate favorable credit terms with local suppliers.
Continually monitor and refine the effectiveness of country financial strategies, gathering evidence in the process to inform the commercial strategy.
Business Performance, Financial and Management Reporting
Understand the business model for generating customer value and translates the operational metrics into measures for performance using dashboards and financial statement ratio analysis.
Prepare management accounts and provide insights on deviations to budget, commentary on periodic performance and support Country Director with tactical moves accordingly.
Generate both regular and ad hoc insights for action so that the business can maintain excellent financial health:
Work closely with department heads to understand monthly expenses referring to the budget vs Actuals , monitor spending and drive efficiencies in cost centers.
Tax and Regulatory Compliance
Ensure compliance with local tax requirements and timely submission of all tax returns.
Ensure efficient tax structures are in place and are properly administered.
Keep abreast of changes in relevant local regulatory environment and communicates major changes to the group.
Ensure company compliance for all financial record control including real estate contracts and leases.
Keep tax non-compliance risk as low as possible by proactive education and documentation review, approval, and accounting.
Stakeholder Engagement
Develop relationships with relevant actors and maintain networks throughout the business environment.
Work closely with the following stakeholders to provide strategic finance and administrative support as needed
Develop and maintain mutual beneficial business relationships to assist, protect and enhance the company's image in the community which includes Tax Authorities, External Auditors, Banks, Regulatory Bodies, Shareholders, Lawyers, Insurance and Brokers Entities, and any other relevant to the business.
Governance & Risk
Internal control maintenance, identification, profiling and reporting potential risks as well as propose and implement mitigation plans.
Ensures financial audits are completed in time and statutory books closing occurs as appropriate.
Responds to Auditor queries effectively and communicated any significant matters to the Country Director.
Ensure adherence to financial spending policies and procedures.
Procurement principles in place to ensure value for money.
People Management & Leadership
Ensure the department is adequately staffed for execution of financial functions.
Build and provide inspiring leadership to a high performing finance team
Supervises the activities of the direct reports and ensure quality, service and compliance standards are met and that finance operations run efficiently and effectively to support the business operations.
Facilitates training where required to build and develop team's capacity.
Required Skills & Experience
Education / Qualifications
B.A or B.S in Accounting and Fellow of CIMA/ACCA. Masters or MBA preferred.
CPA (K) Member
Experience
10+ years of progressive functional experience.
Experience in partnering with a company management team
