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Chief Finance Officer - Ghana - Ghana

  • Harare, Zimbabwe

Job Details

Job ID: #6252
Job Location Ghana
Company Type Insurance
Job Role Chief Finance Officer - Ghana
Joining Date ASAP
Employment Type Full Time
Monthly Salary US$3000 plus GHS 4,000 local allowance, accommodation & transport

Preferred Candidate

Career Level Senior Management
Years of Experience 7
Residence Location Ghana
Gender Not Specified
Nationality Open
Degree Degree in Finance or Accounting

Job Description

  • Job Status: Open

Our Client is looking for a CFO to join their team based in Ghana.
Responsible for all Financial Management including Capital Management, Expense Management, Financial Planning and Projections, Financial Reporting Regulatory Relationships, Risk Management and Tax Planning.


Ensure that the cash flow position of the Company is healthy at all times.
Provide direction, ongoing management and technical guidance for the Department. This includes preparation and monitoring of operating budget for expenses and revenues, financial reporting including preparation of all financial statements and analysis of industry comparative data.
Manage the Company’s premium collection process and overseeing processing of premium/claim payments.
Develop and manage systems of internal controls over Company transactions including billing clients, premium and commission production records, collections and disbursement of funds, financial assets and liabilities.
Ensure that accounts payables are paid in a timely manner, receivables are collected promptly, payroll is processed in a timely manner, periodic bank reconciliations are completed and maintaining an orderly accounting filling system.
Act as the primary financial regulatory contact for all regulators (Insurance Commission et al) as well as internal and external auditors for both ongoing financial reporting requirements and financial examinations.
Ensure that adequate controls are installed including adhering to compliance procedures and internal/operational risk mitigating controls in accordance with any and all applicable regulatory standards, requirements and policies.
Ensure that the reported results comply with generally accepted accounting principles and/or international financial reporting standards.
Develop and maintain the capital and operating budget of the company.
Responsible for people management within the department to include up skilling team members, mentoring and developing independent thinking skills and behaviours in team members.
Attend Board and subcommittee meetings including being a member of the Audit/Finance Committee.
Assist in the design, implementation and timely calculation of wage incentives, commissions and salaried of staff.
Oversee the maintenance of the inventory of all fixed assets of the company.
The CHIEF FINANCE OFFICER will perform other duties assigned by the Chief Executive Officer.

Salary & Benefits
US$3000 plus GHS 4000 plus accommodation & transport provided


Key Skills
Must have deep up-to-date knowledge of IFRS reporting standards.
Strong understanding of business models for generating customer/shareholder value.
Strong interpersonal skills with the ability to communicate and manage well at all levels of the organization.
Strong problem solving and creative skills coupled with the ability to exercise sound judgement and make decisions based on accurate and timely analysis.
High level of integrity and dependability with a strong sense of urgency and results-orientation.

  • Job Role: Chief Finance Officer - Ghana
  • Industry: Accountancy / Finance
  • Salary: US$3000 plus GHS 4,000 local allowance, accommodation & transport

Required Skills

7 Years of Experience
Qualifications
A degree in Accounting or Finance or an MBA and a professional qualification such as ACCA or equivalent from a recognized institution.
Minimum of 7 years progressive finance related experience, preferably in a Financial or Insurance Industry, 4 of which must be at management level.

Additional Requirements

CFO
Finance & Insurance

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