Chief Finance Officer

JOB DESCRIPTION

Key responsibilities

• Develop and implement financial strategies that support the company’s overall business objectives
•  Collaborate with the CEO and executive team to drive the company’s growth
•  Work with all teams across the company and group to develop budgets, forecasts as well as financial models and projections
•  Plan strategy to boost company performance
• Lead the analysing of market and customer data to identify trends and preferences that inform product development and marketing strategies
• Establish key performance indicators (KPIs) that directly link financial performance to strategic business outcomes, enabling proactive adjustments
• Lead the creation of executive dashboards that highlight critical financial metrics in an easily digestible format for informed decision-making
• Utilize advanced analytics tools for real-time financial reporting, enabling quicker decision-making processes that support strategic initiatives
• Directing financial resources toward high-potential market segments ensures that investments align with customer demands
• Ensure accurate and timely financial reporting to support decision-making
• Manage the company’s treasury function, including cash flow management, investment strategies, and capital allocation
• Identify and manage financial risks, ensuring that the company’s financial practices comply with regulatory requirements
• Oversee the day-to-day financial operations, including accounting, tax, and audit functions
• Ensure the integrity of data and compliance with financial regulations
• Manage relationships with shareholders, directors, regulators, team leaders, group companies, service providers and other relevant stakeholders
• Participate in fundraising activities and manage investor communications
• Lead financial due diligence and integration for potential mergers, acquisitions, and other strategic investments
• Lead initiatives to integrate technology innovation into the financial management processes of the organisation
• Lead data strategy of the company, ensuring insights from data are implemented for business growth
• Support related companies in the group with financial management activities

Key skills and requirements

Technical Competencies

• Proficient in leveraging digital tools and technology solutions to automate and optimise financial strategy, operations and reporting
• Strong knowledge of financial risk management practices, including compliance with banking regulations
• Deep understanding of financial management, financial modelling, accounting principles, and financial regulations in the banking sector
• Expertise in financial analysis, forecasting, and modelling to drive data-driven financial decisions

Functional Competencies

• Ability to think commercially and develop long-term financial strategies that align with the group’s goals
• Expertise in managing capital structure, funding, and liquidity to support business growth
• Strong ability to oversee and ensure the accuracy and timeliness of financial reporting in compliance with regulatory requirements
• Proficiency in managing the budgeting process and forecasting financial performance

Leadership Competencies

• Ability to lead the finance function with a strategic vision that aligns with the company’s long-term goals
• Strong ability to mentor, coach, and develop finance team members, fostering a culture of continuous improvement
• Proficient in managing financial changes within a dynamic and evolving environment
• Excellent communication skills, with the ability to effectively convey complex financial information to various stakeholders, including the executive team and board of directors
• Demonstrates commercial awareness in decision-making

Key Performance Indicators

• Achievement of financial targets, including revenue growth, profitability, and return on investment
• Effective management of costs, ensuring that the organisation operates within budgetary constraints.
• Maintenance of optimal cash flow levels to support business operations and growth.
• Ensure 100% compliance with financial regulations and timely completion of audits
• Successful management of investor relations, including fundraising and investor communications.
• Achievement of key milestones in the integration of digital finance solutions into financial operations.

Education and professional requirements

• Master’s degree in business administration, Finance or Accounting
•  A qualified accountant, ACCA, CA or any other recognisable qualification
• 7-10 years’ experience (5 years of which must have been in a senior leadership position)
• Experience working in banks, telcos, international remittance companies or Fintech
• Experience working in a startup is a plus