Chief Executive Officer at Reputable Company
- Recruiter
- Reputable Company
- Location
- Accra, GH
- Salary
- Competitive salary
- Posted
- 15 Nov 2020
- Closes
- 24 Nov 2020
- Ref
- 1205e2c9a1cc
- Job role
- Accountant
- Sector
- Accounting - Public practice
A reputable Ghanaian owned company with subsidiaries in diverse industries, including alcoholic & non-alcoholic beverages, paper packaging, real estate and commercial farming is seeking to recruit a dynamic and accomplished professional to lead and monitor the performance of the finance functions of the group. The GCFO will report to the Group Chief Executive Officer.
Key Responsibilities
Budget Preparation, Financial & Management Accounting
• Provide oversight for the finance function
• Develop and implement financial and management accounting policies and procedures
• Formulate and design financial recording and reporting formats/systems and monitor its implementation to ensure proper and timely submission of all financial reports from the subsidiaries
• Develop comprehensive budget templates and guidelines for the Group and monitors its implementation at the subsidiary level to ensure uniformity in budget preparation, presentation and reporting. Develop annual operating budget and monitor its implementing
• Oversee all accounts, ledgers and reporting systems within the Group to ensure completeness, accuracy and compliance with internal/external policies and generally accepted accounting principles and regulatory requirements
• Provide technical support to the Finance Heads of subsidiaries for effective and efficient financial management and reporting as well as ensure timely resolution of complex and challenging financial matters
Strategy & Policy Development
• Participate as a member of the Executive/Senior Management in the development of strategic business plans that support the Group's short, medium to long term vision and monitor its implementation to achieve targeted objectives
• Define and develop policies, standard operating procedures (SOPs), measures, control systems and monitor its implementation to ensure prudent/sound financial and investment management that will meet the Group's goals and enhance shareholders value
• Serve as the principal financial advisor to the Group CEO, Executive Management and the Board and to support the preparation Annual Financial, Operating and strategic plans
• Monitor to ensure successful execution of approved strategies within the group
Investment & Business Development
• Develop financial and investment policies
• Lead in the evaluation of investment prospects and conduct cost benefit analysis on identified investments/initiatives to determine their financial viability and tax consequences for management decision-making
• Lead in financial modelling and analysis to support the development of short, medium to long-term strategic initiatives and business plans
• Monitor to ensure that financial feasibilities and due diligence of proposed business arrangements are undertaken by the subsidiaries of the group in line with approved guidelines and international best practices
Risk Management and controls
• Plan, develop and implement an appropriate risk management framework, tools, policies and procedures for the management of risk across a wide range of activities in the group
• Assist to develop risk management policy and identify and manage significant risks related to the execution of strategic and financial plans of the subsidiaries
• Conduct risk assessments by identifying, understanding, assessing and ensuring the prompt remediation of risks affecting the Pinnacle Group
• Assist the subsidiaries to develop appropriate controls or risk mitigating strategies to manage inherent and residuals risks within the group
• Advise management of the group and Board in setting an appropriate risk appetite
• Review and monitor the appropriate implementation of the risk management framework and Policy and adequacy of the risk management process
Qualification Required & Experience
• Master's Degree in Finance, Accounting, Economics
• Must be a member of a recognized professional body, ICA, ACCA, CIMA and CPA
Experience
• Minimum of 15 years post qualification experience in senior financial management role with at least 5 years in a similar role
Knowledge & Skills
• Strong technical knowledge in financial management and reporting
• Excellent working experience in financial and operational risk assessment and management
• Excellent strategic thinking, implementation and monitoring
• Demonstrated ability in interfacing with other members of senior management, board members, different categories of staff, government officials, regulatory and statutory bodies as well as financial institutions
• In-depth knowledge of the international financial reporting system (IFRS), Accounting and Auditing standards and related regulations
• Excellent knowledge and understanding of enterprise with accounting information systems
• Excellent communication, presentation and report writing skills
• Excellent analytical, statistical and quantitative skills
• Good knowledge in the use of Office Microsoft, internet and other financial/accounting software/tools
• Excellent leadership, managerial, coaching, mentoring and interpersonal skills in a team setting
Location: Accra
Key Responsibilities
Budget Preparation, Financial & Management Accounting
• Provide oversight for the finance function
• Develop and implement financial and management accounting policies and procedures
• Formulate and design financial recording and reporting formats/systems and monitor its implementation to ensure proper and timely submission of all financial reports from the subsidiaries
• Develop comprehensive budget templates and guidelines for the Group and monitors its implementation at the subsidiary level to ensure uniformity in budget preparation, presentation and reporting. Develop annual operating budget and monitor its implementing
• Oversee all accounts, ledgers and reporting systems within the Group to ensure completeness, accuracy and compliance with internal/external policies and generally accepted accounting principles and regulatory requirements
• Provide technical support to the Finance Heads of subsidiaries for effective and efficient financial management and reporting as well as ensure timely resolution of complex and challenging financial matters
Strategy & Policy Development
• Participate as a member of the Executive/Senior Management in the development of strategic business plans that support the Group's short, medium to long term vision and monitor its implementation to achieve targeted objectives
• Define and develop policies, standard operating procedures (SOPs), measures, control systems and monitor its implementation to ensure prudent/sound financial and investment management that will meet the Group's goals and enhance shareholders value
• Serve as the principal financial advisor to the Group CEO, Executive Management and the Board and to support the preparation Annual Financial, Operating and strategic plans
• Monitor to ensure successful execution of approved strategies within the group
Investment & Business Development
• Develop financial and investment policies
• Lead in the evaluation of investment prospects and conduct cost benefit analysis on identified investments/initiatives to determine their financial viability and tax consequences for management decision-making
• Lead in financial modelling and analysis to support the development of short, medium to long-term strategic initiatives and business plans
• Monitor to ensure that financial feasibilities and due diligence of proposed business arrangements are undertaken by the subsidiaries of the group in line with approved guidelines and international best practices
Risk Management and controls
• Plan, develop and implement an appropriate risk management framework, tools, policies and procedures for the management of risk across a wide range of activities in the group
• Assist to develop risk management policy and identify and manage significant risks related to the execution of strategic and financial plans of the subsidiaries
• Conduct risk assessments by identifying, understanding, assessing and ensuring the prompt remediation of risks affecting the Pinnacle Group
• Assist the subsidiaries to develop appropriate controls or risk mitigating strategies to manage inherent and residuals risks within the group
• Advise management of the group and Board in setting an appropriate risk appetite
• Review and monitor the appropriate implementation of the risk management framework and Policy and adequacy of the risk management process
Qualification Required & Experience
• Master's Degree in Finance, Accounting, Economics
• Must be a member of a recognized professional body, ICA, ACCA, CIMA and CPA
Experience
• Minimum of 15 years post qualification experience in senior financial management role with at least 5 years in a similar role
Knowledge & Skills
• Strong technical knowledge in financial management and reporting
• Excellent working experience in financial and operational risk assessment and management
• Excellent strategic thinking, implementation and monitoring
• Demonstrated ability in interfacing with other members of senior management, board members, different categories of staff, government officials, regulatory and statutory bodies as well as financial institutions
• In-depth knowledge of the international financial reporting system (IFRS), Accounting and Auditing standards and related regulations
• Excellent knowledge and understanding of enterprise with accounting information systems
• Excellent communication, presentation and report writing skills
• Excellent analytical, statistical and quantitative skills
• Good knowledge in the use of Office Microsoft, internet and other financial/accounting software/tools
• Excellent leadership, managerial, coaching, mentoring and interpersonal skills in a team setting
Location: Accra