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Finance Director

HarareCommercial 0 5 1 vacancy Closes 17 Feb 2021 Posted 18 Jan 2021

Track Job Status

9

Current stage

Placement

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