Wasac - Chief Finance Manager

Organization: WASAC
Location: Headquarters
Reports to: Managing Director, WASAC Utility | CFO WASAC Group
Open Position: 1
Nature of Contract: Open ended
Purpose of the job
The Chief Finance Manager is responsible for ensuring the accurate reporting of financial results and managing the company's financial affairs, creating forecasting models, assessing risk in investments and ensuring all accounting activities comply with regulations. In addition to that, the administrative duties will consist of coordinating the general workflows and administrative systems of WASAC Utility. The incumbent acts in harmony with all WASAC Group organs and acts to harmonize and create efficiencies as well as an effective administration service across WASAC Utility.
Main Responsibilities
1. Contribute to the implementation of the WASAC Group mission by providing the necessary managerial, logistical and administrative support required for the fulfillment of the WASAC Utility mandate, including such areas as budget, finance, general services, logistics, etc.; be accountable for the administration expenditure across WASAC Utility
2. Oversee timely preparations of all financial reports (financial statements, statutory, ad hoc and management accounts, including exception reports) to management and the Board of WASAC Group.
3. Manage the internal financial interface with peer and stakeholder departments to ensure timely receipt of appropriate and accurate inputs and provision of feedback – foster an effective team collaboration.
4. Lead the budgeting and forecasting processes, providing financial insights and analysis to support strategic decision-making
5. Ensure accuracy of all General Ledger accounts sign-off and report on all reconciliations
6. Maintain appropriate functional knowledge (i.e., industry best practices and international standards) to guide and support operations
7. Ensure effective treasury management including appropriate cash management, timely bank reconciliations, effective revenue collections and management of suppliers (effective management of all receivables and payables).
8. Establish a set of sound policies, procedures, practices, standards and tools that are consistent with best practice in order to ensure proper risk, budget, accounting, financial management and control.
9. Manage all financial risks and exposures of the company.
10. Implement robust financial systems that assure effective controls, transparent and accurate reporting and minimize events of fraud or misuse.
11. Engage with auditors and provide appropriate and timely responses to audit queries.
12. Lead and direct the preparation of the annual reports and review it for accuracy, completeness for submission to the CFO, Audit Committee and the Board for approval.
13. Act as principal adviser on all matters pertaining to administrative support.
14. Establish and manage a document flow and archive system across WASAC Group; and perform related duties as may be required by management.
15. Any other duties that may be assigned by MD of WASAC Utility, CEO of WASAC Group or Chief Finance Officer.
Required Qualification Knowledge And Experience
1. Academic and Professional Qualifications.
2. Master's degree in accounting, Finance, Business Administration, Economics, with at least 8 years relevant work experience, 2 of which should have been in a managerial role in a similar organization or busy function.
OR
Bachelor's degree in accounting, Finance, Business Administration, Economics, with at least 10 years relevant work experience, 2 of which should have been in a managerial role in a similar organization or busy function.
3. Relevant professional qualification as applicable to the role such as Association of Chartered Certified Accountants (ACCA), or Certified Public Accountants (CPA), Chartered Financial Analyst (CFA), or any other relevant certifications.
Documents to be submitted

• Job application letter
• C.V of the candidate
• Copy of Degree (s)
• Copy of ID
• A copy of service certificate (s) as proof of related work experience is a MUST.
  

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