Chief Financial Officer

PURPOSE OF ROLE

PLANNING
–    Assist in formulating the company’s future direction and supporting tactical initiatives;
–    Monitor and direct the implementation of strategic business plans;
–    Develop financial and tax strategies;
–    Manage the company’s cash flows and budgeting processes
–    Develop performance measures that support the company’s strategic direction.

OPERATIONS
–    Participate in key decisions as a member of the executive management team
–    Maintain in-depth relations with all members of the management team
–    Manage the accounting, tax, and treasury and administration functions
–    Oversee the financial operations of the company
–    Manage any third parties to which accounting, or finance functions have been outsourced (for instance, but not limited to auditors, industry regulator, tax authorities and all consulting jobs)
–    Oversee the company’s transaction processing systems
–    Implement operational best practices
–    Oversee employee benefit plans, with particular emphasis on maximizing cost-effective benefits package

FINANCIAL INFORMATION
–    Oversee the issuance of financial information
–    Report financial results to management, board of directors and to the regulators at least on monthly basis or as and when requested.
–    Prepare the company’s annual budget and quarterly financial results forecasts
–    Lead external audit process

RISK MANAGEMENT
–    Understand and mitigate key elements of the company’s risk profile as it relates to the finance function
–    Monitor all open legal issues involving the company in liaison with the legal department to ensure company is not exposed to the risks of significant outflow of financial resources.
–    Construct and monitor reliable controls over the company’s financial resources
–    Maintain appropriate insurance coverage for all items that need to be insured
–    Ensure that the company complies with all regulatory requirements that are related to the company’s financial position and reporting
–    Ensure that record keeping meets the requirements of regulators and also external auditors
–    Report financial related risk issues to the audit committee and the board of directors
–    Maintain relations with external auditors and investigate their findings and implement their recommendations

FUNDING  
–    Monitor cash balances on daily basis and prepare cash flow forecasts on at least bi-weekly basis
–    Arrange for Debt Financing and Equity Financing facilities where needed
–    Ensure cash flow is appropriate for the organization’s operations
–    Decide on investment strategies by considering cash and liquidity risk before Funds are invested.

LEGAL  
–    Operate in compliance with the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) requirements and ensure that the Group Policies are domesticated and implemented in Botswana.
THIRD PARTIES
–    Represent the Company with investment bankers and investors
–     Participate in communications (e.g. conference calls) with the Investment Community
–    Maintain Banking Relationships
–    Represent the company with NBFIRA and other relevant regulatory bodies
–    Represent the company with the Botswana Unified Revenue Services (BURS)

REPORTS 
–    Preparation of Monthly management reports and presentation of the results to ECBW and the Group management
–    Preparation and submission of the NBFIRA prudential and other regular and ad-hoc required reports
–    Preparation of the annual financial statements
–    Ensure the end of year Financial Audit Report is concluded within 3          Months after the reporting period end
–    Reporting to the Board and relevant committees

JOB REQUIREMENTS
–    A minimum of 5 years executive management experience, preferably in a financial institution.
–    Accounting and financial competence
–    High integrity and ethical standards
–    Excellent Leadership skills
–    Financial Foresight

EDUCATION 
–    Bachelor’s Degree in Accountancy/Finance
–    ACCA/CIMA qualification and
–    BICA membership

PERSONAL  
–    Result Oriented
–    Excellent Communication and presentation Skills
–    Confidence and assertiveness
–    Adaptability, vision, and foresight