Vacancy title:
Multiple Positions
Jobs at:
Financial InstitutionDeadline of this Job:
Wednesday, September 18 2024
Summary
Date Posted: Wednesday, September 04 2024, Base Salary: Not Disclosed
JOB DETAILS:
1) Chief Executive Officer
Will be responsible for providing strategic leadership and direction to the team. This role involves overseeing the overall management of the company, ensuring operational excellence, driving business development, managing projects effectively, and leading a cohesive team to achieve company objectives.
Key Responsibilities
General Management
• Provide visionary leadership and operational oversight to ensure the company meets its strategic objectives.
• Develop and implement policies and strategies aligned with the company’s mission and vision.
• Oversee the financial performance, investments, and other business ventures to ensure profitability.
• Ensure compliance with legal, regulatory, and ethical standards.
Business Development
• Identify and explore new business opportunities to expand the company’s market presence.
• Develop strategic partnerships and networks to enhance business growth.
• Conduct market research to inform business strategies and identify emerging trends.
• Lead the preparation of business proposals, contracts, and negotiations with potential clients.
Monitoring and Evaluation (M&E)
• Establish an M&E framework for tracking the performance of company projects and initiatives.
• Analyze project outcomes and assess the impact to drive continuous improvement.
• Prepare and present regular performance reports to the Board of Directors.
Team Management
• Foster a collaborative and high-performance team culture
• Manage staff KPI
• Lead the recruitment, development, and retention of skilled professionals.
• Implement effective performance management systems to assess and enhance team capabilities.
• Provide mentoring, coaching, and professional development opportunities for team members.
Company Operations
• Oversee daily operations to ensure efficiency and effectiveness.
• Implement operational policies, procedures, and standards.
• Optimize resource allocation and manage company assets.
• Ensure the maintenance of high standards in customer service and stakeholder relations.
Key Competencies:
Leadership and Management
• Strong leadership skills with a proven track record in managing a medium company.
• Ability to inspire and motivate a diverse team towards common goals.
• Strategic thinking and problem-solving capabilities.
• Extensive experience in project management, including planning, execution, and evaluation.
• Proficiency in project management software and tools.
• Strong organizational skills and attention to detail.
M&E Expertise
• Experience in designing and implementing M&E frameworks.
• Ability to analyse data and produce actionable insights.
• Familiarity with M&E software and reporting tools.
• Knowledge of business development strategies and practices.
• Experience in market analysis, business planning, and contract negotiation.
• Strong networking and relationship-building skills.
Communication and Interpersonal Skills
• Excellent verbal and written communication skills.
• Ability to communicate effectively with stakeholders at all levels.
• Strong interpersonal skills and the ability to work collaboratively.
Qualifications and Experience
• Minimum of 10 years of experience 5years of which should be at senior management level, preferably within a similar industry.
• Experience in Micro-finance, SME development, Market Systems fields will be added advantage
• Proven experience in general management, M&E, and business development.
• Demonstrated ability to manage complex and lead a diverse team.
• Bachelor’s or degree in Accountancy, Business Administration, Economics, Management, or related field. A Master’s degree is preferred.
2) Chief Financial Officer
To lead the financial strategy and operations of the organization, ensuring compliance with regulatory requirements and managing financial risks. Presentation of financial performance to the Board, overseeing grant execution, and supporting strategic decision-making through comprehensive financial oversight.
Duties/Key Responsibilities
Strategic Financial Leadership:
• Lead the development and implementation of financial strategies that align with and support the organization’s strategic objectives.
• Translate strategic business priorities into financial impact assessments to promote the achievement of the organization’s goals.
Budgeting and Financial Planning:
• Establish budget guidelines and oversee the preparation of the overall budget, ensuring high-quality standards and timely resource allocation for the implementation of the strategic plan.
• Oversee budgeting, forecasting, and financial planning processes, conducting periodic cost and productivity analyses to ensure expenditure remains within approved limits.
• Coordinate with user departments to provide technical financial expertise in budget preparation and compliance with financial policies and procedures.
Financial Reporting and Analysis:
• Monitor the preparation of financial statements and management reports to ensure accuracy, integrity, and compliance with accounting standards.
• Produce financial performance reports to aid in decision-making and strategic planning.
• Ensure financial statements and reports comply with regulatory and statutory requirements
Internal Controls and Compliance:
• Develop and maintain robust internal financial controls to ensure the integrity and accuracy of financial information.
• Monitor statutory payments and ensure compliance with relevant guidelines to mitigate risks associated with non-compliance.
• Ensure the organization is compliant with all tax regulations, third-party requirements, and contractual obligations.
• Develop and implement financial policies and procedures.
Operational Financial Management:
• Ensure the accurate and timely preparation of bank reconciliation statements.
• Ensure the timely execution of payroll and benefits administration and the preparation of payroll statements.
• Ensure the timely management and update of the fixed asset register as required.
• Manage accounts payable and receivable processes.
• Maintain accurate and up-to-date financial records.
• Monitor cash flow and manage financial risks.
• Manage financial aspects of contracts and agreements.
Audit Coordination and External Relationships:
• Coordinate audits and manage relationships with external auditors to ensure compliance and transparency.
• Collaborate with the management team to develop financial strategies.
Team Leadership and Development:
• Supervise and mentor finance staff, providing guidance and professional development opportunities.
• Provide financial training and support to program managers to enhance their financial literacy and decision-making capabilities.
Key Attributes/Skills:
• Financial strategy development, implementation and monitoring
• Financial Reporting and International Accounting Standards
• Financial Accounting
• Management Accounting
• Statutory Audits
• Cash flow Management
• Reconciliation of Financial Records
• Budgeting and planning
• Financial Budgetary and Accounting systems
• Strong knowledge of non-profit accounting principles and practices.
• Experience with grant management and donor reporting.
• Proficiency in financial software and Microsoft Office Suite.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to communicate complex financial information clearly.
• Experience in budgeting, forecasting, and financial planning.
• Knowledge of financial regulations and compliance requirements.
• Strong organizational and time management skills.
• Strong interpersonal and communication skills.
• Commitment to the mission and values of the organization.
• Ability to handle confidential information with integrity.
• Experience in developing and implementing financial policies.
• Proven track record of managing financial risks.
Education:
• Grade 12 School Certificate with 5 credits including English and Mathematics
• Bachelor’s degree in accountancy/finance. Master will be an added advantage
• ACCA/CIMA qualification and membership with ZICA
• 5-10 years’ work experience in a financial sector as an accountant at managerial level
• Experience in an international company with tight monthly closing deadlines;
• Experience in a financial institution would be considered as advantage;
• Knowledge of full-cycle accounting process;
• Experience in preparation of IFRS annual reports;
• Strong local tax knowledge, including WHT;
3) Chief Risk And Compliance Officer
Job Purpose
To enhance the overall state of risk and compliance standards in the Company. The role aims to provide assurance to senior management on compliance to the established risk management framework and governance controls.
Key Responsibilities
• Formulates the departmental budget and monitors it
• Designs, reviews, and implements the risk management framework and governance procedures.
• Ensures on-going dialogue with stakeholders internally within the team to identify potential risks to ensure the identification, assessment, and development of mitigation plans for key risks.
• Identifies good business practices and ensures these are shared with management for implementation.
• Reports on Risk Findings to responsible Executives to ensure the development of appropriate solutions to close the risk identified, monitors implementation of agreed actions, and prepares a summary of key findings as well as resolution status to the Finance and Audit Committee.
• Consolidates information for reporting to the board on a quarterly basis.
• Develops and maintains procedures to ensure compliance with risk management standards, documentation standards, reporting, review, and other technical standards for the department as a means of quality control.
• Develops and maintains monitoring and evaluation measuring framework on risk management.
• Ensure teamwork with other departments to deliver timely and informative reports.
• Adheres to International Standards for the Professional Practice of risk management best practices.
• Keeps abreast of local and international trends and identifies new and emerging risks in the business.
• Develops the overall Risk and Compliance strategy and monitors its implementation.
• Identifies, analyses, and effectively develops mitigation strategies for identified risks.
• Ensures that developed risk mitigation strategies are implemented.
• Evaluates the effectiveness of risk management programs and recommending changes as necessary.
• Trains staff in Risk Management and development of Risk Registers.
• Reviews and updates project Risk Registers.
• Prepares investigation plans.
• Conducts investigations and obtains sufficient, reliable, relevant, verifiable, representative, and actionable evidence.
• Precisely and competently writes investigation reports which addresses all necessary terms of reference.
Minimum Qualifications And Experience
• Grade 12 Certificate.
• Degree in Law or Auditing, Accounting, Business Studies, Risk Management, ACCA, CIMA, ZICA
• Member to the relevant regulatory institute
• The candidate should have more than 5 years traceable experience.
Skills
• Performance Management
• Leadership & People Management
• Critical and Innovative Thinking
• Excellent Communication
• Planning
• Change Management
• Interpersonal
• Innovative
Education Requirement: No Requirements
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education:
Job application procedure
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