Head of Finance

Website TopFloorZambia TopFloor Limited

Complete Solutions for Human Capital

Our client in the renewable energy sector is seeking to recruit a Head of Finance to join their team. The ideal candidate will play a crucial role in supporting the company’s financial strategy, reporting to the Interim CFO. This position is a steppingstone to the CFO role, with the successful candidate expected to assume the CFO position upon completion of the Interim CFO’s contract, subject to performance evaluation.

Responsibilities

STRATEGIC

Financial Leadership

  • Provide strategic financial leadership and oversight.
  • Develop and implement financial strategies aligned with company objectives.

Investor Relations and Fundraising

  •  Serve as a key liaison with investors and lenders.
  •  Support debt and equity fundraising efforts.
  •  Develop financial models to support fundraising initiatives.

Digitalization Improvement

  • Enhance ERP systems for improved financial management.
  • Implement commission computation systems.

OPERATIONAL

Financial Reporting

  •  Produce monthly and quarterly Management Accounts (accurately and timeously).
  • In conjunction with the Auditors, produce and distribute Audited Annual Financial.

Internal Control and Risk Management

  • Review/Design, communicate, and implement internal controls.
  • Monitor financial control processes (oversee procurement, fixed assets, inventory, etc.).
  • Ensure segregation of duties.

Cashflow Management

  • Prepare cashflow forecasts and advise management of potential risks.
  • Monitor cashflow regularly to assess potential for fraud and for planning purposes.
  • Review Procurement process and Authorize payments for submission to signatories.

Cost Management

  • Review costs of sales, payroll costs, overhead costs, and capital expenditure depreciation.

Audit and Tax and regulatory environment

  • Take lead for Annual Audit.
  • Compute/review tax calculation and submission to authorities.
  • Manage statutory, compliance, and regulatory returns (Tax authorities, PAYE, etc.).

Revenue Assurance

  • Produce and distribute invoice analysis to Management Staff.
  •  Analyze sales, gross profits, gross margins, EBITDA margins, and operating profit margins.

Staff Development and Training

  •  Train and develop finance staff.
  • Provide financial training and guidance to fellow executives.

Oversee the Credit Management

  • Oversee credit management processes.
  • Ensure effective credit risk management.

Oversee Inventory Management

  • Oversee inventory management processes.
  • Ensure accurate inventory valuation and reporting.

Requirements

  • Bachelor’s Degree In Accounting / Finance; CIMA; Chartered Accountant (CA) or equivalent.
  • At least 5 years in a senior finance role (Financial Controller, Head of Finance).
  • Experience in the renewable energy / Paygo industry is highly desirable.
  • Familiarity with the Paygo financial regulations, and standards in Zambia.
  • Experience with credit management, financial risk management, and internal controls.
  • Financial management and reporting skills.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Proficient in financial software and systems (ERP, accounting software, etc.).
  • Leadership and team management skills.
  • Understanding of credit management, financial risk management, and internal controls.
  • Integrity, ethics, and professionalism.
  • Ability to work under pressure and meet deadlines.
  • Willingness to learn and adapt to new systems and process.
  • Valid Driving License.

How to Apply:

Please submit your application by 16th September 2024. Only shortlisted candidates will be contacted.

Share with friends:

* Legitimate employers do not ask for payment. Find out more at safe job search tips.