QSSK-LK-CFO-Chief Finance Officer Job at Q-Sourcing Servtec Group

QSSK-LK-CFO-Chief Finance Officer Job at Q-Sourcing Servtec Group… See details on how to apply for the opportunities available at Q-Sourcing Servtec Group.

Description;

Q-Sourcing Servtec Group is a global management consulting firm that helps people make significant improvements to their business performance and realize their most important career goals.

Responsibilities:

Forecasting & Budgeting

Prepare Group financial and operational forecasts on regular basis and report on actual performance versus forecasts
Undertake interpretation and presentation of financial reports in order to monitor work and performance status as well as determine expenditure trends of the organization and provide inputs into strategic planning of the organisation.
Lead in the preparation of annual budget in line with the expectations and strategies of the Group
Provide input to the development of Group’s budgeting guidelines, policies and procedures ensuring inculcation of best practices and alignment with local operating regulations and requirements.

Planning and Strategy

Drive the implementation of the department’s operational strategy, work plans, programs, systems, controls, policies and procedures to ensure a rigorous financial framework in alignment with Group overall objectives.
Communicate and ensure implementation of working instructions, standard operating procedures and operational standards (including LEAN principles) with regard to all finance and accounting processes and practices in support of the achievement of organisational strategy and objectives.

Analysis and Reporting

Ensure monthly management reports are produced with acceptable accuracy as per tight reporting deadlines
Use data analysis to strategically forecast financial trends
Ensure collaboration/interface with other departments on financial assessment of projects, business models and business plans.
Provide broad guidelines for the management of Group fixed assets from an accounting perspective, ensuring that organisational policies with respect to accounting for fixed assets are adhered to at all times
Undertake interpretation and presentation of financial reports in order to monitor work and performance status as well as determine expenditure trends of the organization and provide inputs into strategic planning of the organisation.

Working Capital Management

Manage the Group’s cash-flow by ensuring strict adherence of credit terms to customers to enhance collection of debts and settle all liabilities on time
Managing transactional team and overseeing/reviewing sales ledger, purchase ledger, payroll, cash posting and all general ledger entries.
Define and document Group’s credit guidelines, policies and procedures ensuring inculcation of best practices and ensure adequate monitoring and management of credit exposure.

Tax & Audit

Oversee and drive preparation processes for annual audits pertaining to financial processes once the financial year is over, in accordance with agreed plans and timeframes.
Handling VAT, PAYE and Tax duties, including corporation tax.
Identify and mitigate tax risks
Manage and coordinate tax audits
Facilitate and manage the preparation and review company federal tax returns and the accurate, timely filing of all tax forms.

Internal Control

Develop, implement and continuously review internal controls, policies and procedures in the management and operations of the company in relation to the finance and accounting functions
Manage the annual audit of the Group to ensure statutory deadlines are met with ease
Oversee and drive preparation processes for annual audits pertaining to financial processes once the financial year is over, in accordance with agreed plans and timeframes.
Manage the annual audit of the Group to ensure statutory deadlines are met with ease
Ensure compliance to all company policies and statutory matters
Proactively identify risks, and define and implement strategies to prevent revenue leakage.

General

Direct & monitor all financial activity of the organisation
Have a clear understanding of and adhere to current laws and regulations
Provide quality leadership to the accounting staff in the region to ensure their development and progression
Recruit and plan activities and manages performance of own staff to ensure that service standards are met in pursuance of team objectives.
Participates in the execution of changes to procedures, policies, and systems to facilitate expansion, compliance, and scaling of the business
Adheres to professional conduct requirements in line with organizational policy and relevant professional body ethical standards and monitors compliance of own employees in this regard
Ensures proper record keeping for company’s financial documents
Participates in meetings with the regional Board of Directors to report on financial matters when called upon.
Ensure compliance to all company policies and statutory matters
Communicate and ensure implementation of working instructions, standard operating procedures and operational standards (including LEAN principles) with regard to all finance and accounting processes and practices in support of the achievement of organisational strategy and objectives.
Participates in monthly meetings with managers to report on financial matters, discuss progress on agreed plans.
Liaise with external customers such as banks and insurances in order to resolve issues, address non- conformances, maintain a positive image of the organisation and promote the services of the Company
Adheres to professional conduct requirements in line with organisational policy and relevant professional body ethical standards and monitors compliance of own employees in this regard.

REQUIREMENTS

EDUCATION & QUALIFICATIONS

B Com. Finance or related field from a recognized University
(MBA will be an added advantage)
Must possess CPA (K) or ACCA qualification

REQUIRED EXPERIENCE

At least 10 years’ experience in the finance and accounting field, of which 5 years must be in senior management position (audit experience will be an advantage)
Experience in managing a diverse workforce
Experience in the regional market and working in a multinational organization is an added advantage