The Chief Finance Officer is responsible for providing financial leadership on all tactical and strategic matters related to financial planning, cost-benefit analysis and budget preparation and management for management decision-making and for meeting legal & regulatory requirements.

Key Responsibilities

Formulate financial strategy, policies, systems and procedures for the department and the bank to ensure sound financial controls
Develop and supervise implementation of accounting policies and systems regarding risk management, investment management, funds management, liability and asset management
Prepare and manage the company’s financial plans and coordinate departmental budget towards the achievement of annual targets
Manage the Bank’s Tax affairs to ensure statutory compliance and optimisation of tax liability
Develop and supervise implementation of internal financial control systems
Manage financial and regulatory reporting to both internal and external stakeholders
Provide financial reporting and accounting, including records for the preparation of quarterly and annual accounts in line with applicable accounting rules and industry accounting policies
Maintain the integrity of the bank’s financial information in order to address business needs
Ensure the bank’s financial viability and cost structure are regularly analysed and appropriate measures undertaken to monitor and reduce costs in relation to the Banks operations and services provided
Monitor the bank’s financial and risk performance and make recommendations for improvement
Establishing and maintain contingency plans for the company’s operations
Direct, manage, develop and supervise the finance team to achieve departmental goals and objectives
Oversee the preparation of the department’s annual budget and monitor its implementation
Any other duties assigned by Supervisor

Qualifications

Mnimum of a masters’ degree in Accounting or Finance from a recognised university.
minimum of 12 years relevant experience with at least 4 years in a management role preferably in a financial sector.
Membership of a relevant professional body (CA/ ACCA/ CIMA/CFA or equivalent).

Skills

Excellent knowledge of the financial industry, Bank of Ghana regulations, and other statutory financial regulations relevant to the banking industry.
Excellent knowledge of best practices in financial reporting and regulations including IFRS.
Excellent knowledge of Funds Transfer Pricing and cost allocation methodologies for business segment performance reporting.
Excellent knowledge of Ghana Tax Laws.
Strong understanding of risk management relevant to the banking industry.
Excellent Cost Accounting skills is critical for the role.
Excellent budgeting skills is critical to this role and good knowledge in treasury management is deirable.
Excellent Analytical Skills
Strong strategic planning skills
Outstanding communication skills –writing skills and strong verbal and listening skills is essential.
Proficient computer skills (i.e. Word, Excel, and PowerPoint, MS Access) essential for effective service delivery.

Leadership Capabilities

• Living our Purpose – Identifies and embraces our purpose and values and puts these into practice in their professional life.
• Influence – Builds relationships and communicates effectively in order to positively influence peers and other stakeholders.
• Performance drive – Seeks opportunities to challenge self; teams with others across businesses and borders to deliver and takes accountability for own and team results.
• Strategic direction – Understands objectives for clients and Deloitte, aligns own work to objectives and sets personal priorities.
• Talent development – Develops self by actively seeking opportunities for growth, shares knowledge and experiences with others, and acts as a strong brand ambassador.

Cross Consulting / Core Professional Capabilities

• Delivery Excellence – Ability to produce a high-quality work product and collaborate with others to deliver a superior client experience.
• Knows the Business and Sector – Ability to understand how business functions operate and how sector trends impact a client’s business.
• Analytical Thinking & Problem Solving – Ability to select appropriate methods for collecting and analysing data and develop informed recommendations that shape or support the client’s business strategy.
• Financial Acumen – Ability to incorporate financial information when evaluating strategic options.
• Client Presence – Ability to deliver key messages with clarity, confidence, and poise to instill confidence in clients.
• Logical Structuring – Ability to organize insights and define a logical flow to tell a story when presenting recommendations.
• Global Mind-set – Ability to apply a global and diverse perspective to problem solving.
• Technology Fluency – Ability to apply technical knowledge to address client business challenges.
• Solutioning – Ability to operate in an ambiguous environment and work independently.
• Leadership – Ability to lead teams or experience in having to lead teams on projects.