Chief Finance Officer - BRAC International

BRAC International is Hiring! Join BRAC International to create opportunities for people to realise their potential.

Job Title: Chief Finance Officer

Work Station: Accra, Ghana

About the Role:

BRAC International (BI) is seeking a Chief Finance Officer in the Ghana, Accra who is

aligned with it’s ethos of working in partnership with communities to create impact for scale. The

CFO will drive and oversee all the financial activities for the institution as well as formulate financial strategies for BRAC Ghana Savings and Loans Ltd. to support and ensure the overall success of the institution.

Key Responsibilities:

• Develop framework and maintain timely and accurate financial statements and reports to all the relevant stakeholders by following International Financial Reporting Standards (IFRS) to ensure all financial activities are properly approved, recorded and documented.
• Review the financial reporting and provide the CEO with relevant reports as required at board meetings to ensure accuracy.

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• Review and drive the annual audit for BRAC Ghana and provide the board of directors with the findings to ensure adherence.
• Discuss audit issues with the auditors and follow up with the management team on the implementation by working closely with external auditors and regulatory bodies.
• Develop and maintain financial accounting systems for cash management and petty cash for BRAC Ghana to minimize the financial risk; analyze financial change in the environment and advise management accordingly.
• Develop and enforce internal financial and accounting policies and procedures of BRAC Ghana to ensure compliance.
• Establish guidelines for budget and forecast preparation and prepare the annual budget in consultation with the CEO as well as plan for the implementation of the budgets for BRAC Ghana.
• Monitor all legislation relevant to the institution and all regulations on professional certification to ensure that the institution is compliant.
• Review financial reports of donor funds, attend donor/lender meetings and take necessary steps to implement the recommendation regarding financial nature.
• Review and implement the finance and accounting module of BRAC Ghana as well as strategize, organize, direct and control the overall management of financial activities to ensure efficient financial management.
• Lead, coach and guide the staff in technical expertise, management, and soft skills, where necessary in order to enhance capabilities and deliver up to expectations.

Safeguarding Responsibilities:

• Establish a safeguarding culture across all levels of the programme by implementing the safeguarding policy. Act as a key source of support, guidance and expertise on safeguarding for establishing a safe working environment.
• Responsible to ensure team members are appropriately trained, supported and have access to resources regarding issues that are identified and actioned in accordance with the safeguarding policy and procedure.
• Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.

Academic Qualifications:

• Minimum Bachelor’s Degree in Finance or Accounting or relevant subjects.

Required Competencies:

• Financial performance analysis, reporting and accounting.
• Financial system setup and development.
• Project budgeting and cost control.
• Audit and compliance.
• Financial management skills.
• Internal controls assessment.
• Fraud detection & control.

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Experience Requirements:

• At least 10 years of relevant work experience, 5 of which should have been in a senior management position in a similar function.
• Experience in the financial services sector is preferred.
• Experience in managing complex accounting and finance systems, including reporting, budgeting, audit, and compliance in INGO with multiple country orientations.