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External Vacancies
Title Chief Financial Officer – Permanent
Categories External Vacancies
Job Information

CFO Job Description

Strategy, Planning, and Management

  • Acts as Chief Financial Officer and strategic business partner to the senior executive leadership team.
  • Assess and evaluate the financial performance of organization with regard to long-term operational goals, budgets, and forecasts.
  • Provide insight and recommendations to both the short-term and long-term growth plan of organization.
  • Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.
  • Communicate, engage and interact with the Board of Directors, CEO, COO, and Executive Leadership Team.
  • Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
  • Select and engage consultants, auditors, and investors.
  • Recruit, interview, and hire finance, accounting, and payroll staff as required.
  • Serve as a key member of the executive leadership team and round table discussion panel.
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models.
  • Interact with and bring the department into line with the Board of Directors’ plans, initiatives, and recommendations.
  • Implement policies, procedures, and processes as deemed appropriate by the senior leadership team.

 

Financial Analysis, Budgeting, and Forecasting

  • Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division, and weekly cash flow by division.
  • Review and analyze monthly financial results and provide recommendations.
  • Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
  • Develop and maintain a monthly operating budget and annual company operating budget.
  • Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.
  • Accounting, General Ledger, Administration and Operations
  • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
  • Review and ensure application of appropriate internal controls, compliance and financial procedures.
  • Ensure timeliness and accuracy of financial and management reporting data for company’s board of directors.
  • Oversee the preparation and communication of weekly, monthly and annual financial statements.
  • Oversee the preparation and timely filing of all local, state and federal tax returns.
  • Ensure compliance regarding all financial functions.
  • Work with Human Resources to ensure appropriate legal compliance.
  • Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
  • Oversee preparation of monthly, quarterly and annual financial statements.
  • Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
  • Enhance and implement financial and accounting systems, processes, tools and control systems
  • Hire, develop and manage accounting directors, managers and staff
  • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
  • Coordinate and strategize methods used to attain team goals with Chief Accounting Officer, Finance Manager and Regional Controllers.

 

Financial Management

  • Manage cash flow planning process and ensure funds availability.
  • Oversee cash, investments and asset management area.
  • Explore new investment opportunities and provide recommendations on potential returns and risks.
  • Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

 

Financial Relations and Policies

  • Engage finance committee and/or board of directors to develop short term and long term plans, projections and budgets.
  • Represent company to banks, financial partners, institutions, investors, public auditors and officials.
  • Remain current on audit best practices as well as state, federal and local laws regarding company operations.

 

Finance and Accounting Team Management

  • Mentor and develop a team of 5 senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
  • Guide larger, cross-divisional teams outside of direct span of control within the main company divisions.

 

Cash Management

  • Oversee weekly cash management, approve large payables, sign checks, authorize large wires and ACHs
  • Supervise Accounts Receivable management and provide guidance relating to the collection process

 

Requirements

  • Bachelor Degree in Accounting or Finance
  • CPA Required
  • MBA from top business school preferred
  • Background in Accounting
  • 6 years minimum experience as a CFO in a large ($500 million+), publicly traded corporation.
  • 14+ years total accounting or finance experience
  • Outstanding knowledge and understanding of GAAP, FIRS, compliance and SEC reporting.
  • Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
  • “Hands On” – SAP, experience preferred
  • Outstanding communication and presentation skills.
  • Demonstrated leadership ability, confidence and executive presence – ability to motivate staff.
  • Excellent analytical, reasoning and problem-solving skills
  • Significant experience working with external auditors, internal controls and compliance-related issues.
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Title Portfolio Risk Manager – MAX NG
Categories External Vacancies
Job Information

Reports To: CFO

Key Accountabilities: Responsible for assessing, rating, recommending, monitoring, and reporting on the operational, financial, strategic, and compliance risks that the CGF faces in the delivery of its mandate.

Key Responsibilities

Position Description:
MAX is experiencing unprecedented organizational growth and is seeking a Head of Credit Risk who will oversee the credit process that supports our mission-driven asset finance activities. The Head of Credit Risk will manage a team of credit, collections, and recoveries professionals and be accountable for the credit process, approval, collections, and recoveries; development of and compliance with credit policies and portfolio management standards, and the overall quality of the asset portfolio. The Head of Credit Risk will report to the CFO and serve as a member of the senior leadership team.

Job Summary
– Lead initiatives for the development of methodologies for measurement of Credit Portfolio Management across the organisation and associated models/processes

– Develop and enhance the Credit Reporting & Monitoring framework which meets the requirements of various external & internal stakeholders

– Ensure timely and accurate delivery of Credit Risk reports. Interpret the information and suggest actions for consideration by Senior Management

– Assist the CFO in carrying out the responsibilities pertaining to Board Finance & Risk Committees, including preparation of the information pack and responding to data/ analytical requests from the Committee

– Develop, implement, enhance and review Group Credit Policies & Standards in order to ensure that these reflect the best practice and regulate the risk assets of the group as directed by the Board

– Provide requirements and design inputs, particularly with regard to credit risk recognition, measurement and its reporting as part of the core team for implementation of key credit risk-related projects (e.g. Loan Management System, IFRS 9 impairment, etc.)

Responsibilities

– Establishment of and adherence to a robust credit culture aligned with MAX’s purpose and mission

Leadership: effectively lead, manage and develop the credit teams by:
– ensuring that staff are selected and trained to a competent level;
– providing sound leadership, coaching, and motivation;
– ensuring direct reports provide their subordinate staff with the required level of leadership and coaching.

To coach and develop Credit Risk, Collections and Recoveries Specialists to demonstrate a commitment to high performance, personal accountability, and collaborative relationships

Credit process management including enhancing process effectiveness and increasing efficiency

Risk rating accuracy and asset loss reserve adequacy

Portfolio risk assessment, management, and reporting

Credit policy development and compliance

Credit Control:

– Lead the development, maintenance, and implementation of MAX’s Credit Control policies, procedures, reporting, and systems (including compliance monitoring).

– Ensure debt recovery procedures are fully effective and all available recovery options are utilised to maximise recovery outcomes.

– Manage any ‘extreme’ credit control situations which are outside the authority levels of Credit control

– Develop and implement a Credit Risk Measurement Framework, which includes rating models (PD) and LGD/ EAD measurement

– Ensure timely and accurate reporting to the relevant stakeholders (including board, senior management, rating agencies, etc.)

– Contribute proactively to various credit risk related projects and initiatives, especially on aspects pertaining to credit measurement and sourcing/management of data for these initiatives

– Contribute to system implementation projects in the credit risk space (e.g. Loan Management System) by providing requirements and design inputs, particularly with regard to credit risk recognition and measurement

– Develop and continuously review Group Credit Policy & Standards

– Ensure that sound credit risk measurement and monitoring frameworks are developed and implemented throughout the group in a standardized manner

Skills and Abilities

– Strong understanding of Credit analysis and policies
– Good understanding of Risk Management principles
– Good understanding of evolving regulatory guidelines in this space
– Possess strong problem-solving skills (hypothesis-driven thinking, analytical, quantitative, conceptual skills)
– Thorough understanding of the evolving practices for the management of credit risk and regulatory requirements
– Capable of professional discussions with internal and external stakeholders
– Managing system transitions smoothly
– Able to source data/ perform periodic computations
– Exposure to Collateral system implementation/management preferable
– Exposure to credit risk modelling is desirable
– Good knowledge and hands-on practical experience and use of ERP packages and systems.
– Strong leadership and organisational skills, with an excellent track record in embedding risk management within a Company.
– Strong interpersonal and communication skills with a proven ability to effectively interact with and influence people at all levels.
– High sense of responsibility, accountability, and dependability.
– High integrity and ethical standards

Required Qualifications

– Bachelor’s degree or its equivalent in Finance, Economics or Management.
– Professional accounting certification desirable, e.g. CFA, ACA, ACCA, CPA, CIMA, CISA or other relevant higher business degree
– Risk management certification is an added advantage.
– Minimum 8 years risk management experience in a reputable organisation with strong credit risk management skills, with experience at managing the strategic direction of a business risk unit.
– An individual with international experience will be an added advantage

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Title Finance Director – MAX NG
Categories External Vacancies
Job Information

Functional Area: Finance

Reports To: CFO

Key Responsibilities

Position Description
MAX is experiencing unprecedented organizational growth and is seeking a Finance Director who will oversee all financial and accounting activities at MAX. Responsibilities for the Finance Director will include supervising accounting staff, overseeing internal controls, setting financial targets, implementing fund-raising strategies, engaging with investors, developing financial strategy, conducting feasibility studies, monitoring expenditure, overseeing annual insurance, monitoring cash flow, evaluating investments, and managing tax compliance. The Finance Director will manage a team of accounting and financial professionals. The Finance Director will report to the CFO and serve as a member of the senior leadership team.

Job Summary
We are searching for a highly analytical Director of Finance to oversee our company’s financial planning and accounting operations. In this position, you will not only be an accomplished accountant and proactive with company finances but will also be commercially aware and provide advice on the best path of growth for our business. Your duties include establishing targets, developing budgets, and performing financial analysis. The ideal candidate will be an excellent communicator with outstanding interpersonal and leadership abilities. Your ultimate goal will be to guide the company towards profitability and success.

Responsibilities

– Oversee the financial strategic planning of the company by evaluating its performance and potential risks.

– Perform regular financial analysis.

– Develop budgets that meet the requirements of company departments.

– Establish targets and manage all accounting and finance employees including management accountants and internal auditors.

– Supervise all audit and internal control processes.

– Prepare detailed reports on the company’s financial performance.

– Guarantee compliance with financial laws and guidelines.

– Recognize patterns in company spending, revenue, and recommend solutions to any problem areas.

– Coordinate with external financial entities on behalf of the company.

Skills and Abilities

– Good knowledge and hands-on practical experience and use of Accounting tools/software

– Strong leadership and organisational skills, with an excellent track record in embedding risk management within a Company.

– Strong interpersonal and communication skills with a proven ability to effectively interact with and influence people at all levels.

– High sense of responsibility, accountability, and dependability.

– High integrity and ethical standards

Required Qualifications

– Professional accounting certification desirable, e.g. CFA, ACA, ACCA, CPA, CIMA, CISA or other relevant higher business degree

– Bachelor’s degree in Accounting, Finance, or relevant field.

– A minimum of 5 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

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