A reputable Microfinance Company transitioning to a Community Bank is seeking an experienced, dynamic, result-driven Head of Finance and Treasury to join the team in Dansoman.
Job Purpose
To manage the day-to-day financial activities of the Company, including: financial accounting, reporting, consolidation, cash flow, auditing, and overseeing all tax compliance issues.
Key Responsibilities
· Manage the Central Treasury System
· Carry out analysis, reviews, cost-benefit analysis, research, valuations and interpretations for all new products, services, systems, etc.
· Ensure proper month-end closure process
· Deliver all monthly financial reports to Management
· Manage a team and ensure all financial processes are followed
· Consolidate all entities monthly
· Oversee reporting deadlines for all branches and affiliates
· Manage stakeholders in the upgrade process of our accounting software
· Train and develop staff
· Assist with the implementation of funding strategies by applying Treasury policies in order to maintain adequate financial liquidity and generate returns on investments.
· Manage banking relationships and develop assessment criteria for banks and banking services to minimize the cost of banking.
· Ensure that the process for payments to suppliers and staff is followed
· Provide the business with reliable, timely and relevant economic and financial intelligence and communicate the impact.
· Ensure reports from the reporting system support month-end analysis
· Deliver accurate and timely monthly reports for Executive management review and onward submission to the Board
· Ensure internal customer requirements are met, and vendors are paid accurately and efficiently
· Identify, develop and implement the most efficient tax strategy aimed at minimizing the tax burden on the company.
· Co-ordinate payroll processing, reporting and analysis.
· Ensure that internal controls are maintained in order to provide integrity to the entire payroll process.
· Manage the preparation of relevant payroll management reports.
· Ensure that payroll returns are filed in accordance with statutory provisions.
· Assist with team leadership, develop every member of the team to ensure optimal performance, and hold people accountable.
· Perform regular reviews of the activities in the areas of responsibility to ensure that continuous improvement is achieved.
· Prepare annual performance appraisals for direct reports
Competencies
· Must have an in-depth understanding of financial statements and financial systems
· Ability to create accurate reports to meet internal reporting and analysis requirements
· Ability to take multiple data sets and variables and create meaningful reports for a variety of audiences
· Possess proven project management skills
· Proven ability to analyze and interpret complex numerical data
· High degree of technical/system aptitude including Excel, Access, and Data Warehousing
· Possess strong communication skills both verbal and written, adaptable to all levels of management.
· Strong organizational skills and ability to prioritize workload.
· Possess a high degree of initiative, drive, confidence, and ability to enjoy fact paced work environment.
· Professional, flexible and team-oriented.
Minimum Qualification and Work Experience
· Certified Accountant with a minimum of 10 years of relevant experience in finance, including 8 years in the financial sector and 5 years in a managerial role.
· Knowledgeable in the use of accounting software and Microsoft packages.
· To have been involved in a significant accounting change management process
· Prior process improvement experience is required