| JOB NAME |
Chief Finance Officer [Kigali, Rwanda]
POSTED BY: Development Bank of Rwanda
REF:DBR 2003
Date Published:Friday, August 16, 2024
Date of Expiration:Wednesday, February 12, 2025
RECOMMEND THIS JOB ON FACEBOOK
|
|
|
| LOCATION OF THIS JOB |
 Rwanda | KIGALI in Rwanda |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
|
| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
BACKGROUND INFORMATION
Posted Thursday 1st August 2024
Deadline for application: 16th August 2024
Job Level: Executive Management
Current Grade: JG 2
Department: Finance
Reports to: Chief Executive Officer
Direct Reports: Manager, Financial Control
Senior Manager, Financial Information Management
Indirect Reports: Management Accounting Officer
Financial Planning & Budget Officer
Treasury Officer
Officer Financial Reporting
Financial Management Specialist
Officer Accountant
Trade Finance Officer
Financial Accountant
Tax Reconciliation Officer
PURPOSE OF THE JOB
The job's purpose is to offer strategic leadership in delivering top-notch accounting and financial management services, executing the Bank's financial strategy, overseeing strategic planning, and budgeting, and ensuring business analysis, financial controls, and reporting to support BRD's strategic objectives.
MAIN RESPONSIBILITIES of the Job
1. Financial Strategy Development
Create and execute financial strategies aligned with business goals.
2. Policy Implementation
Establish and enforce financial and accounting policies for compliance and sound management.
3. Financial Reporting
Coordinate timely and accurate financial reporting.
4. Budgeting
Set guidelines and coordinate budget preparation with leadership.
5. Financial Advisory:
Offer financial advice for funding processes and investments.
6. Bookkeeping Management
Oversee general ledger, accounts payable, receivable, and payroll.
7. Cash Flow Management
Ensure healthy liquidity according to policy.
8. Negotiations
Engage in negotiations for credit lines and financial services.
9. Advisory Services
Provide financial advice to the Board, CEO, leadership, and finance team.
10. Risk Management
Develop financial risk management controls.
11. Regulatory Reporting
Supervise financial and regulatory reporting for accuracy.
12. Liquidity Monitoring
Recommend strategies for optimal liquidity levels.
13. Regulatory Compliance
Ensure finance operations comply with regulations.
14. Financial Analysis
Analyze financial statements and reports for improvements.
15. Talent Management
Develop a talent management plan for the finance team.
16. Audit Coordination
Oversee statutory audits by regulatory and external auditors.
Performance indicators
1. Availability of robust financial strategy, accompanied by detailed implementation plans.
2. Existence of comprehensive financial policies, guidelines and systems.
3. Timeless and precision of financial reporting.
4. Success in achieving the bank’s cost management targets.
5. Promptness in the budgeting process
6. 100% adherence to all pertinent financial guidelines and regulations
7. Availability of data support business planning
8. Full implementation of audit recommendations within the specified timelines
9. Financial performance of the bank
10. CEO’s access to essential financial and operational information through existing systems and tolls
11. Availability of an effective risk control and management framework
12. Compliance with established standards and regulatory requirements
Working relationships
1. Heads of departments
2. Suppliers
3. Board of Directors
4. Shareholders
5. Banks
|
| REQUIREMENTS FOR THIS JOB |
PROFESSIONAL, ACADEMIC QUALIFICATIONS AND EXPERIENCE
1. Master’s degree in finance or a related field
2. Bachelor’s degree in commerce, accounting, business administration, or a related field • Qualifications as an Association of Chartered Certified Accountant (ACCA) or Certified Public Accountant (CPA)
3. At least ten (10) years of experience in accounting and finance management, with a minimum of two (2) years in a senior management role within a financial institution or a complex organization
Core competencies
1. Proven track record in developing finance strategies, policies, and procedures
2. Expertise in financial and management accounting
3. Proficiency in financial modeling
4. Experience in managing debits and credits
5. Strong skills in stakeholder relationship management
6. Expertise in cash flow management
7. Proficiency in financial risk management
8. Experience in reconciling financial records
9. Familiarity with various accounting systems
10. Knowledge of fixed asset management
11. Understanding of International Financial Reporting Standards (IFRS) and Generally
12. Accepted Accounting Principles (GAAP)
13. Knowledge of financial accounting standards
14. Experience in managing financial information
15. In-depth knowledge of tax legislation
16. Experience in managing treasury operations
17. Understanding of auditing principles
18. Awareness of risks and knowledge of risk management
19. Experience in leading teams
APPLICATION GUIDELINES:
Interested candidate should apply online (https://www.brd.rw/careers/ ) and upload application documents including Curriculum Vitae, copies of degree certificates and professional certificates, motivation letter, names of three previous supervisors (as one document) as well as their emails and telephone. Please be informed that you will receive a notification pop up message after successfully uploading your application.
Only online applications shall be considered.
Email only for inquiries (not application): recruitment@brd.rw
Address all applications to the Head, Human Capital, and Corporate Services of the Development Bank of Rwanda.
Deadline for application: 16th August 2024
The employment package is highly competitive/attractive.
Due to expected high volume of applications, ONLY shortlisted applicants will be contacted.
Done in Kigali, Thursday 1st August 2024
|
|
English 
FRENCH
