Duties and Responsibilities
- Leads the formulation of the Organisation’s Strategy.
- Leads the annual plan development.
- Periodically monitors and reviews the macro-economic environment for changes that have a material effect on the achievement of the Organisation’s Strategy.
- Periodically reports on outcomes of macro-economic finance issues impacting on the Organisational Strategy.
- Translates the approved Strategy into Annual Work Plans for the Division.
- Co-ordinates the development of budget assumptions and execution of the budget process.
- Reviews consolidated Divisional budgets from the Finance Manager and co-ordinates the budget review and prioritisation process by Management.
- Reviews Statutes and Regulations governing the collection of the TDS and recommends appropriate amendments to the CEO and the Board.
- Identifies and recommends alternative sources of funding and income to augment collections from the TDS.
- Participates in the mobilisation of resources from Development Corporation Partners and other financial institutions.
- Reviews cash flow reports from the Finance Manager in order to optimise the administration of cash resources and investments on a weekly basis.
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Reviews and implements appropriate treasury management strategies to support the Organisation’s activities.
- Reviews and recommends investment decisions in adherence with the Investment Policy
- Monitors the liquidity levels in order to support the long-term strategy of the Organisation.
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Assesses and monitors the financial position of banks and other financial institutions in order to safeguard the Organisation’s cash resources.
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Mobilises cash resources in line with budget funding requirements.
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Monitors that all expenditure incurred has prior approval.
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Plans and aligns Operational activities to efficiently and effectively meet the Organisation’s Objectives.
- Oversees the Organisation’s Code of Governance and Ethics, register of interests of the directors, the gifts and hospitality register for all employees.
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Makes available, where appropriate, for public inspection a copy of the latest annual accounts and Auditor’s Report and a copy of the latest Annual Report.
- Proposes changes to existing corporate governance arrangements within the Organisation, to ensure compliance with codes of practice and new regulations.
Qualifications and Experience
- Degree in Accounting or Finance
- Member of a Professional Accounting Body
- Experience in a senior management position