Chief Financial Officer
NicheHR Global
Nơi làm việc
Luanda
Hình thức tuyển dụng
Toàn thời gian
Chi tiết công việc
We are Looking for a Chief Financial Officer for one of our conglomerate clients based in Luanda,Angola:
Title: Chief Financial Officer
Experience: 15-20 Years of Experience.
Industry: Must have experience of working for a retail/FMCG group.
Reports to: Group CFO
Job Profile: The CFO is fully responsible for overall finance & accounting function at the Corp & SBU level. Biz feasibility, Financial strategy, Innovation, Internal controls, Working capital management, Financial performance & reporting etc.
Key Abilities: Corp a/c & related domain knowledge especially in grocery retail & wholesale trade, Budgeting, Financial Analysis, Competitive intelligence, MIS framework, resourceful, optimization skills, stakeholder management.
Roles & Responsibilities:
1. Planning & Forecasting
• Work with the senior leaders on the strategic vision of the organization including cultivating and fostering strategic relationships and potential alliances, engage in the growth agenda;
• Collaborate with senior leaders on operational and strategic issues as they arise, provide strategic recommendations based on financial analysis and projections, and revenue/ expense analysis.
• Play a leading role in developing strategic plan for the Organization, its implementation and continuous monitoring.
• Collaborate across functions on developing the operating budget and rolling forecast; Budgetary control.
• Develop cost structure for each revenue stream; Align costs with performance - Monthly reporting on alignment initiatives.
2. Operations
• Review existing processes, drive SOPs documentation & implementation project.
• Review existing ERP setup (SAP), processes implemented, quality of implementation, additional processes which can be automated and recommend general improvements.
• Identify current cost control mechanisms in the organization, Identify methods and processes by which a reduction in costs can be realized operationally.
• Review cash flow forecast with focus on next 3 months based on the business realities and submit to Group Treasury etc
• Assisting Business Unit Heads in meeting budgeted targets, detailed performance review of each line of business/product incl. devising revenue and pricing strategies for each stream of revenue and discuss & guide profit center heads in achieving targets.
• Inventory Review & Control; monitor levels, aging and sales patterns.
• Adequate provisioning as per policy and regular monitoring and escalation on impairments of receivables, payable, inventory, advances, investments, assets etc.
3. Financial Information / Reporting
• Directs the preparation of all financial reports, ensure proper accounting and costing systems that facilitate recording and production of accurate and timely financial and costing information;
• Assists Group CFO in implementation of IFRS in the business unit and manages the change process with all stake holders.
• Ensure system compliance with statutory requirements with respect to information, language and reports.
• Monitoring of day-to-day financial operations of stores and other businesses, review delays, lapses and bottlenecks in operations;
• Proactively initiate necessary remedial steps and changes in processes, systems etc. to avoid occurrence /reoccurrence.
• Supervise the preparation of the monthly financial statement, Analyze the variance from the budget and prepare a corresponding justification report to the Management.
4. Risk Management
• Constantly identify key risks to the organization with regard to finance, legal/tax, accounting, insurance, cost control, contractual and other functions. Document identified risks and develops risk matrix of the Group and possible mitigating plans and actions.
• Construct and monitor reliable control systems within the group to safeguard various assets, including data & information) of the group. Regular review of these and ensure corrective measures are implemented for cases where the control weaknesses are identified.
• Review internal audit plan and reports and ensure all observations of the auditors are settled and agreed actions are implemented. Maintain relations with external and internal auditors investigate and implement their findings and recommendations
• Monitor all open legal issues involving the company, and legal issues affecting the industry.
Qualification, Experience & Skills
Qualification: A qualified Chartered Accountant, CA or CIMA (ICWA India), MBA added advantage.
Experience: At least 15+ years of progressively responsible experience for a major retail group FMCG / company, preferably in a grocery retail with a turnover of at least USD 150 Mil.
Skills:
• Skilled in examining, developing, re-engineering, and recommending financial policies and procedures.
• Ability to work flexibly and under own initiative to achieve objectives
• Communication skills: Languages known –English (Mandatory), Hindi (Desired), Portuguese (Desired).
• Should have experience in collaborating with an executive team and have a high level of written and oral communication skills.
• Excellent Leadership and Managerial competencies relevant to Business Strategy, Problem Solving & Decision-Making
