Our client is a
multinational information technology company in Kenya providing the complete
systems solutions from conception to implementation and maintenance. They
render their services to small and large organizations worldwide and major in
Banking Software, Micro Finance software, Savings Co-operative Internet
Banking, Switching Software Products, Mobile Banking and other financial
software products. They encourage creativity and productivity while
working closely with their customer base to create products that are functional
and easy to implement.
They are looking for a high calibre individual to fill the post of Chief Operating Officer.
S/He will be responsible for the company’s day-to-day operating activities, including
revenue and sales growth; expense, cost and margin control; and monthly,
quarterly and annual financial goal management. They are looking for a high calibre individual to fill the post of Chief Operating Officer.
Primary Responsibilities
This role encompasses all aspects of finance, from reporting, systems, treasury management and tax planning, to commercial decision making, strategic planning, investments and acquisitions, and staff development. An appreciation of cost control and commercial negotiations would be useful. As with most businesses, there will always be processes and systems to update or develop.
Ensure the provision of a comprehensive financial service of information, analysis advice and control that contribute to the long-term development of Craft Silicon and the achievement of revenue, profit, cash flow and other growth objectives.
Executive management and strategy,
·
Participate in corporate strategy development
as a member of the senior management team.
·
Advice to the CEO and Board on an ongoing
basis on the financial position of the Company.
·
Contribute to the development of strategies,
plans and objectives for Craft Silicon to ensure profitability and the sound
use of assets.
·
Develop tools and systems to provide critical
financial and operational information to the CEO and Board and make actionable
recommendations on both strategy and operations.
·
Coordinate preparation and ensure timely
circulation of Board papers and any other material required for Board meetings.
·
Engage the board finance, audit, and risk
committee around operations and strategic issues, trends, and risks.
·
Promote Craft Silicon with financial
institutions and other suppliers to get the best possible business terms.
·
Oversee financing strategies and activities.
·
Represent the company to financial partners,
including financial institutions, investors, auditors etc.
·
Develop and manage accounting staff.
·
Support the company towards achieving an
Initial Public Offering (IPO) in 3 – 5 years
Financial planning and analysis
·
Coordinate the development and monitoring of
budgets, financial business plans and forecasts to deliver business objectives
in line with Craft Silicon’s the long-term strategy.
·
Develop and utilize forward-looking financial
models and financial analyses to provide insight into the organization’s
operations and business plans.
·
Carry out effective financial evaluation of
various business initiatives to ensure decisions are made on a sound basis.
·
Carry out analysis of financial performance
and develop recommendations.
·
Ensure cash flow planning and ensure
availability of funds as needed.
·
Ensure adequate tax planning to optimize the
company’s tax position and ensure timely payment of any taxes
·
Develop, implement and monitor cost
management strategies.
Accounting, administration and risk management
·
Oversee the finance and accounting department
to ensure maintenance of all accounting systems and function.
·
Develop and implement financial management
systems including accounting, reporting, internal controls and prepare a
policies and procedures manual.
·
Ensure maintenance of the general ledger and
carry out monthly reconciliations.
·
Monitor and ensure maintenance of internal
controls and financial procedures and the management of risk to protect Craft
Silicon’s interests.
·
Evaluate and provide financial input into commercial
agreements entered into by Craft Silicon.
·
Deliver high quality and cost effective
purchasing services to meet business needs.
·
Ensure the provision and delivery of legal
and company secretarial services which meet the needs of the business.
Reporting and Compliance
·
Ensure timeliness, accuracy, and usefulness
of financial and management reporting for CEO, Board and Investors including
the preparation and communication of monthly, quarterly and annual financial
statements and any other operational reports.
·
Ensure legal and regulatory compliance
regarding all financial functions including coordinating audits and filing of
tax returns.
·
Administrative and project management
oversight to the planned change management program.
·
Ensure the overall program links to a
company’s strategic goals and prioritize projects in terms of Craft Silicon’s
overall governance and management processes and objectives
·
Assist project team leaders with business
case development and provide decision support for the board, management, team
leaders, staff and stakeholders involved in the program
·
Your browser may not support display of this
image. Continually identify and evaluate any risk, issues and changes in the
scope of the program
·
Manage resource allocation and resource
capacity needs across the program for effective utilization.
·
Co-ordinate the preparation and monitoring of
the program budget
·
Ensure regular project status reports are
available to decision-makers on a regular basis
·
Coordinate communications across business
units and aggregate and communicate project status to the CEO and Board
·
Conduct regular quality assurance reviews
·
Facilitate project planning sessions
·
Manage the program schedule and monitor
schedule variances and recommend corrective action.
·
Coach and mentor project team leaders
·
Ensure that project data and project team
evaluations are recorded and distributed to decision-makers
·
Lead post-implementation reviews
·
Capture and record lessons learned
Other
Carry out any other duties as may be assigned by the Board or the CEO
skills and requirements
We are looking for a qualified financial expert and CPA(K) with hands on experience, capable of working within a fast growing company, capable of operating at Board level, technically proficient and commercially aware. Experience in a growing service company will be useful but not essential.
The successful candidate must possess the following minimum competencies and experience:
·
A university graduate with post graduate
qualification in financial management and at least 8-10 years at senior
managerial position in a reputable organisation
·
Strong stakeholder management and
relationship skills
·
Strong financial management and profit
maximization skills.
·
Excellent people management and communication
skills.
·
Strong communication and presentation skills.
·
Strong knowledge of financial compliance and
governance requirements
·
Impeccable integrity and diligence.
·
Proven analytical skills.
·
Ability to work in a multi-cultural
environment.
HOW TO APPLY
Interested candidates holding the necessary requirements, good performance and / or references are encouraged to send their applications with detailed CV names and contacts of 3 referees, current telephone number and email address, to jobs@armadahc.com.
