Vacancy: Chief Financial Officer (CFO)

Date 22 Aug 2019
Location Accra
Job Type Full-time

Job Description

Basic Function

The chief financial officer position is accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. 

Principal accountabilities are:


  • Assist in formulating the company's future direction and supporting tactical initiatives

  • Monitor and direct the implementation of strategic business plans

  • Develop financial and tax strategies

  • Manage the capital request and budgeting processes

  • Develop performance measures and monitoring systems that support the company's strategic direction


  • Participate in key decisions as a member of the executive management team

  • Maintain in-depth relations with all members of the management team

  • Manage the accounting, human resources, investor relations, legal, tax, and treasury departments

  • Oversee the financial operations of subsidiary companies and foreign operations

  • Manage any third parties to which accounting or finance functions have been outsourced

  • Oversee the company's transaction processing systems

  • Implement operational best practices

  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package

  • Supervise acquisition due diligence and negotiate acquisitions

Financial Information

  • Oversee the issuance of financial information

  • Report financial results to the Directors 

Risk Management

  • Understand and mitigate key elements of the company's risk profile

  • Monitor all open legal issues involving the company, and legal issues affecting the industry

  • Construct and monitor reliable control systems

  • Maintain appropriate insurance coverage

  • Ensure that the company complies with all legal and regulatory requirements

  • Ensure that record keeping meets the requirements of auditors and government agencies

  • Report risk issues to the audit committee of the board of directors

  • Maintain relations with external auditors and investigate their findings and recommendations


  • Monitor cash balances and cash forecasts

  • Arrange for debt financing and equity financing 

  • Invest funds

  • Invest pension funds

Third Parties

  • Participate in conference calls with the investment community

  • Maintain banking relationships

  • Represent the company with investment bankers and investors

Required Skills or Experience

  • The candidate chief financial officer should have a master's degree in accounting or business administration, or 

  • equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporation.  

  • Should have experience in partnering with an executive team, and have a high level of written and oral communication skills. 

  • Preference will be given to candidates with an MBA in Finance and the Certified Public Accountant or Certified Management designations.

Additional Requirement: Ability to speak French would be an added advantage.

How To Apply

  • Please note that due to expected large volumes of applications

  • Only shortlisted applicants will be contacted.


Please note, employers receive numerous applications per posting and will only shortlist the most qualified candidates. Also is not involved in any decision made by an employer/recruiter and therefore does not guarantee that applications sent
will result in a candidate being shortlisted/selected for that position.
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