Head of Finance

Recruiter
Recruitment Matters
Location
Harare, Zimbabwe
Salary
Competitive salary
Posted
31 Oct 2024
Closes
28 Nov 2024
Ref
22202
Job role
Head of finance
Experience level
Director
As the Head of Finance, you will play a critical leadership role in managing the financial health and operations of the company. This position is responsible for driving financial strategy, ensuring statutory compliance, and supporting overall business growth through sound financial management.

Key Responsibilities:
  1. Financial Strategy and Planning:
    • Develop and implement financial strategies aligned with the company's goals.
    • Lead the preparation of annual budgets and forecasts, and monitor performance against these.
    • Advise the leadership team on key financial matters, risks, and opportunities.
  2. Financial Reporting:
    • Oversee the preparation of financial reports, including income statements, balance sheets, and cash flow reports.
    • Ensure timely and accurate reporting to internal and external stakeholders.
    • Present financial results and recommendations to the board of directors and executive team.
  3. Compliance and Risk Management:
    • Ensure compliance with financial regulations and standards (e.g., tax regulations, financial audits).
    • Develop internal controls and procedures to mitigate financial risks.
    • Manage relationships with auditors, tax advisors, and regulators.
  4. Cash Flow and Treasury Management:
    • Manage cash flow and ensure the availability of funds for day-to-day operations.
    • Oversee the company's treasury functions, including investments and liquidity management.
    • Negotiate and manage financing and banking arrangements.
  5. Team Leadership and Development:
    • Lead and mentor the finance team, ensuring professional development and growth.
    • Promote a culture of high performance and continuous improvement.
    • Set performance objectives and conduct regular performance reviews.
  6. Cost Management and Efficiency:
    • Implement and monitor cost-control measures to improve profitability.
    • Analyze business operations to identify areas for financial efficiency.
  7. Financial Systems and Technology:
    • Oversee the selection and implementation of financial systems and tools.
    • Ensure technology enhances financial reporting and operational efficiencies.

Qualifications:
  • Bachelor's degree in Accounting, Finance, or a related field (Master's or MBA is preferred).
  • Professional qualification (e.g., ACCA, CPA, CIMA).
  • At least 8-10 years of experience in financial management, with a minimum of 3 years in a leadership role.
  • Strong knowledge of financial regulations, accounting principles, and tax laws.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Proficiency in financial software and ERP systems.
  • Strong leadership and communication skills.

Key Competencies:
  • Strategic financial planning and analysis.
  • Leadership and people management.
  • Financial risk management.
  • Regulatory compliance.
  • Strong negotiation and stakeholder management skills.