🇸🇱 Job Vacancy @ Brac – Head of Finance – Microfinance
Job Description
Career with BRAC Sierra Leone
With over 100,000 employees reaching an estimated 135 million people, BRAC is the world’s largest non-governmental organization.
BRAC is a development success story, spreading anti poverty solutions born in Bangladesh to 9 other developing countries in Asia and Africa, making it a global leader in providing opportunities for the world’s poor.
With a holistic approach that uses a wide array of tools including microfinance, education, healthcare, legal services and more, BRAC invests in communities’ own human and material resources, catalyzing lasting change and creating an ecosystem in which the poor have the chance to seize control of their own lives. Of the world’s top development and humanitarian relief organizations, BRAC is one of the few based in the global South. BRAC International is seeking application from competent, dynamic and self-motivated individuals to fill up the following position:
Position: Head of Finance
Duty Station: BRAC Sierra Leone Country Office
Purpose:
This position reports to the CEO and serves as an integral member of the senior management team wearing the hat of Head of Finance of Microfinance program responsible for managing and overseeing the company’s financial systems to achieve the vision and mission of the organization.
As the Head of Finance, the candidate will be responsible for developing, monitoring, and evaluating overall corporate strategy with the CEO and other relevant departments, emphasizing double bottom line performance, working capital, and enhancing shareholder value. This position will provide useful financial insights to facilitate sound decisions, formulating and executing our strategy.
The Head of Finance (MF) is expected to follow International Financial Reporting Standard (IFRS), provide accurate forecasting, conduct financial risk management, and manage relationships with external parties such as, but not limited to, tax authorities, auditors, lawyers, Bank of Sierra Leone, ensure timely, accurate and transparent reporting and pro-actively provide updates on current affairs and issues.
Key Responsibilities:
| · You will focus on growth and scalability to drive continuous improvements in efficiency and quality. You will be responsible for building a culture that represents both the company’s goals and aspirations, as well as developing the skills and experience of your teams. You will also be required to get “hands-on” in achieving these outcomes. |
| · You will be responsible for the day-to-day management of the Finance function, shareholder relations, risk management, and raising debt with the Group to fund the growth strategy. |
| · Define growth for impact strategy in conjunction with the Group, manage and communicate capital requirements/implications of business decisions to the CEO, BRAC International Holdings BV, and the Board.
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| · Work closely with BRAC Sierra Leone in the implementation of the AIM Programme. |
| · Responsible for the successful implementation of the Core Banking System in the institution. |
| · Preparation and presenting Board Packs to the Leadership team and banker. |
| · Leading the Finance & Accounts team in Sierra Leone and work closely with other departments, especially IT (Information Technology). · Coach and mentor the team to develop capacity, conduct annual appraisals and handle all other staff-related aspects. |
| · Perform treasury management including mobilizing funds in support with BIHBV both from local and international sources. · Manage foreign currencies by developing risk mitigation strategies · Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls |
| · Responsible for ensuring full compliance with regulatory and statutory requirements, funders’ and donors’ covenants with support from CEO and country management team. |
| · Advise and suggest management on accounting concepts and treatment; responsible for accurate and timely budgeting and forecasting. |
| · Coordinate and/or work with external and internal auditors.
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Person Specifications:
- Strong budget and management skills, including proven ability to manage projects/processes.
- Financial industry knowledge
- Ability to deal with tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment.
- Ability to collaborate with upper management to organize, plan and achieve company financial goals
- High degree of professionalism, maturity, and confidentiality with Strong oral, written interpersonal and presentation skills.
- Strategic thinking, planning, and creative problem-solving skills
- Strong People skills- Building Collaborative Relationships with the ability to manage a team of professionals, guiding, coaching, mentoring towards achieving common objectives.
- Stay up to date with technological advances, accounting principles and accounting software to be used for financial purposes
- Desire and ability to achieve results under tight deadlines
Safeguarding
- Be a champion of a safeguarding culture across all levels of the organization by implementing (if needed) and adhering to the safeguarding policy. Act as a key source of support, guidance, and expertise on safeguarding for establishing a safe working environment.
- Responsible for ensuring team members are appropriately trained and supported and have access to resources regarding identified and actioned issues in accordance with the safeguarding policy and procedure.
- Follow the safeguarding reporting procedure in case any reportable incident takes place, and encourage others to do so.
Educational Requirements:
- Com/MBA Concentration/Major: Accounting/Finance related
Experience Requirements:
- A position for an experienced, ambitious, and talented financial professional with a minimum of 10 years financial experience, with at least 5 years in Senior Financial Management capacity spanning Accounting, Business Planning, Operations, Reporting, and Accounting with excellent knowledge of Microfinance Business.
- Demonstrates excellent understanding of financials as well as advanced business finance and performance analysis.
- Knowledge of statutory and regulatory issues as well as global best practices
- MBA and CFA are an added advantage
If you feel you are the right match for the above-mentioned position, please follow the application instructions accordingly:
Candidates need to email their CV with a letter of interest mentioning educational grades and years of experience at
OR by hand to our Head Office 2 Samuel Banister Drive, Wilberforce (towards Hill Cut Junction), Freetown.
PLEASE MENTION THE NAME OF POSITION IN THE SUBJECT LINE
Only complete applications will be accepted and shortlisted candidates will be contacted.
- Application deadline: 25th November, 2022
Women are strongly encouraged to apply
