Head of Finance
Engie
- Maputo
- Permanente
- Horário completo
- Deliver ambitious results: As a high-performing and accountable leader, you create an enabling environment for effective action and bold decision which contribute to successful delivery of results.
- Act with integrity: As an ethical leader you are honest, respectful, objective, and transparent. You create and build upon a foundation of trust and openness.
- Inspire and mentor the team: As an inspirational leader you walk the talk. You empower and coach your team with trust and humility.
- Are accessible: as an accessible leader, you develop and maintain deep connections with stakeholders through approachability and active listening.
- Ensure diversity and inclusion: as an inclusive leader, you ensure diversity and foster a sense of belonging.
- In collaboration with the management team, develop the strategic vision for the country including fostering and cultivating stakeholder relationships at the provincial and national levels.
- Directs the development of strategic, fiscal and interim plans for the country and collaborates with the Country Director and management team in approving all plans including local capital expenditure proposals.
- Serves as a member of the Executive Committee to develop goals and objectives.
- The Head of Finance will represent the company in matters dealing with banking, insurance, and interactions with external financial and potential partnership parties on behalf of the company.
- Transform the current finance organization from a reporting organization to one which develops, advises and drives value creation.
- Engages and creates buy in of the key stakeholders in value creation opportunities within the business.
- Optimize current financial monitoring and management processes.
- Provide reliable and accurate financial and management advice leading to the expeditious analysis and resolution of financial and commercial aspects of the business.
- Together with the management team, review business performance, market analysis, or other actions as appropriate.
- Direct the entire range of activities in finance to ensure that reporting and accounts preparation is completed in a timely and efficient manner
- Analyse financial reports following the Group standard financial projections and ensure compliance with group standards, processes and policies at all times.
- Ensure that supply and purchase contracts are reviewed from a financial and legal perspective in order to minimise or negate financial and/or legal liability exposure.
- Ensure an efficient cash management limiting the fx exposure
- Timely and accurate reporting - provide management with timely and accurate reports which are reliable & relevant for decision making. The reports are: -
- Monthly Financial management reports
- BvA presentation by the 6th of the following month.
- Annual IFRS statements.
- Timely analysis of all GL accounts including stocks reconciliation by the 5th of the following month.
- Accurate/reliable financial reports. Error margin lower than 5% of net profit
- Complete report of the open items and required action by the 17th of the following month. Target Zero open items.
- Reconciliation of intercompany books.
- Accurate and timely planning and updates on Cashflow, update by Monday 1pm of the following week.
- Creditors' management - Ensure 10% of creditors should not exceed 90 days. Debtors should be as per approved policy, over dues should not exceed 5%
- Cash flow planning ensuring bank facilities are within limits. 100% compliance. No unplanned overdrawn accounts or default in loan payments
- Ensure proper project appraisal & approval process. Actual project economics results deviation
- Projects Post implementation review within 1 month after the project is commissioned.
- Ensure compliance with revenue/tax authorities. Nil penalties/interest payments.
- Lead and direct the entire budgeting exercise
- Lead budget reviews and forecast during the year to ensure the company remains focused and aligned with the targets set in the budget
- Ensure that the budgeted EBIT is achieved to realize the agreed profitability targets
- Lead and direct efforts to reduce cost and control expenditure
- Constantly monitor the market with the operational teams to identify opportunities for reducing cost of operations
- Liaise and coordinate with external auditors ensuring that audit activities are carried out accordingly within the required timeframe
- Develop necessary internal control procedures to increase efficiency of operations and minimize business exposure
- Constantly review internal control procedures to ensure they are updated and properly adapting to business requirements
- Ensure compliance with URA and applicable local regulatory laws and rules for financial and tax reporting
- Be an effective relationship builder at all levels, both internally as well as with external partners
- Hire, develop, sustain and lead a successful technically focused team
- Responsible for selection, training, development and termination of all Country finance and accounting staff.
- Manage the deliverables of Procurement & Administration, and ensure compliance with relevant policies, processes and procedures.
- A minimum of 10 years experience in financial management.
- In-depth knowledge of accounting software, corporate principals, and financial analysis.
- Excellent communication and interpersonal abilities.
- An analytical mind with good organizational skills.
- Outstanding leadership skills.
- Bachelor's degree in accounting or finance, and relevant field/ Full ACCA/CPA
- Masters Degree in accounting or finance will be an added advantage
- English
- Portuguese