JOB SUMMARY
The Director of Finance is accountable to the Chief Executive Officer and is responsible for
overseeing financial management and accounting services in order to ensure prudent utilisation and accounting for financial resources.
PRINCIPAL ACCOUNTABILITIES AND RESPONSIBILITIES
The principal accountabilities and responsibilities for the Director of Finance include the following:
Providing oversight on financial planning and budgetary control processes.
Developing and implementing efficient and effective financial control systems for effective and efficient management of financial risks.
Developing and implementing efficient and effective financial accounting systems.
Developing effective and efficient management accounting and reporting systems.
Designing and implementing efficient and effective treasury and cash management systems.
Ensuring efficient and effective statutory reporting systems.
Designing and implementing efficient tax management processes.
Developing and executing financial management policies and procedures.
Conducting financial analysis for water supply and waterborne sewerage sanitation
infrastructure investment projects.
Facilitating external audit processes and ensuring timely implementation of recommendations from auditors.
Developing and executing corporate plans and capital expenditure budgets in liaison with other heads of department.
QUALIFICATIONS AND EXPERIENCE
The ideal candidate must have the following:
An Accounting Professional Certificate recognized by local and international professional bodies such as Institute of Chartered Accountants in Malawi (ICAM), Association of Chartered and Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA) and American Institute of Certified Public Accountants (AICPA).
A minimum of a Bachelor’s Degree or equivalent relevant professional qualification in
Accounting or Accounting related fields and a Master’s Degree in Finance Management or Business Administration or relevant qualification obtained from a recognized institution.
A minimum of eight (8) years post-professional qualification experience of which three (3) years must be at senior executive or middle management position in a busy organization.
SPECIAL ATTRIBUTES
The ideal candidate must have the following attributes:
A mature self-starter
Good analytical and problem-solving skills
A good team builder with ability to manage and motivate subordinates.
Ability to work under pressure
Ability to set priorities and make optimal allocation of resources.
Not more than 57 years of age so as to be eligible to serve for a minimum of three years before reaching the mandatory retirement age of 60.
APPOINTMENT AND REMUNERATION
The successful candidate shall be offered a negotiable performance-based contract for a period of three (3) years that will be subject to renewal on satisfactory performance and mutual agreement, with an attractive salary, benefits, and gratuity package commensurate with seniority of the position and qualifications of the successful candidate.
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