Chief Financial Officer - Telecom

Client: Leading telecom service provider

Reporting: MD & CEO

Responsibilities:

Financial Management & Management Accounting:

- Develop Financial strategies, policies, plans, systems and procedures in order to ensure the sound Financial Management of the Group

- Direct the timely and accurate preparation of Financial and Management Accounts in accord with international accounting standards, group financial policies and statutory requirements of each country in which the Fashion Retail SBU’s operate

Commercial Management:

- Lead the periodic review and realignment of commercial practices in order to secure the best commercial advantage for the Group

- Analyse all contractual terms and participates in commercial negotiations in order to secure the best commercial terms for the business in the interests of the Group

Treasury Management:

- Ensure the acquisition of funds from banks and financial institutions and the optimum utilisation of funds across all Strategic Business Units

- Ensure all finance facilities (letters of credit, bank guarantees, credit lines, etc.) are negotiated on terms that secure the Company’s best interests at the lowest risk

MIS & Budgets:

- Direct the preparation and presentation of the annual budgeting process and review in accord with the Group policy, guidelines and schedules

- Ensure the timely preparation and development of relevant business information to provide management with the tools for decision making

Financial Risk Management:

- Identify and review key business risks and develop strategies to minimise financial risks and losses to the SBU by developing and implementing operational procedures to ensure assets and capital are secure

Business Expansion:

- Provide the financial and commercial perspective in the development of business strategiesfor the Fashion Retail Business and review of financial investment proposals for the expansion of existing businesses and growth of new businesses

Systems Development:

- Direct and ensure that the IT and systems needs of the Finance Department are identified and timely and effectively met through the development of appropriate systems with the support of the IT department and software providers to address the business needs

Human Resource Management & Development:

- Ensure the effective achievement of Finance Department functional objectives through the leadership of the Finance staff in order to maximise subordinate and departmental performance

- Ensure that the Finance Structure across the Business is staffed with appropriate calibre professionals and motivate, train and develop them to perform their tasks as specified in their job descriptions

Skills:

Essential Requirements:

- Professional qualification in Accounting

- 15 + years’ experience in a Senior Finance positions

- Experience within retail, fashion industries preferred

- Experience in business processes and commercial management

- Knowledge of International Standards

Key Skills:

- Develops Financial Strategies, Polices, and Plans and ensures the development of Financial Systems and procedures

- Negotiates Contractual terms and Banking facilities and funds, provides sound financial and commercial advice to the business

- Knowledge of international standards

- Very strong communication skills

- Achievement Orientation

- Impact and Influence

- Strong Team Leadership Skills

- Conceptual Thinking

- Strategic Management Skills

- Organisational Commitment