Chief Finance Officer - Trust Consult Limited

Position Title: Chief Finance Officer (CFO)

Reports To: Managing Director / Chief Executive Officer

Supervises: Finance, Treasury, Financial Reporting, Management Accounting, and Investor Relations teams

1. Role Purpose

The Chief Finance Officer (CFO) will provide strategic leadership for the Bank’s financial operations, ensuring financial sustainability, regulatory compliance, and long-term shareholder value creation. The CFO will lead the Bank’s financial strategy, capital planning, risk management, and performance monitoring to support growth in manufacturing and agro-business, commercial, and retail banking.

2. Key Responsibilities

Strategic & Financial Leadership

• Develop and implement financial strategies aligned with the Bank’s strategic plan.
• Advise the Managing Director and Board on financial performance, risks, and opportunities.
• Lead capital adequacy planning, funding strategies, and asset-liability management.

Financial Management & Reporting

• Oversee preparation of financial statements in line with IFRS and Bank of Ghana guidelines.
• Ensure timely submission of statutory reports to regulators (BoG, SEC, GRA).
• Manage budgeting, forecasting, and performance monitoring across business units.

Regulatory Compliance & Risk Management

• Ensure compliance with Bank of Ghana prudential regulations, PFM Act (where applicable), Companies Act, and tax laws.
• Oversee internal financial controls, policies, and risk management frameworks.
• Support external and internal audit processes, ensuring implementation of recommendations.

Treasury & Investment Management

• Supervise treasury operations including liquidity management, interbank placements, and investment portfolios.
• Monitor interest rate, foreign exchange, and credit risks, aligning with ALCO decisions.
• Optimize balance sheet structure to support growth and profitability.

Business & Operational Support

• Provide financial analysis and insights for decision-making across business units.
• Drive cost efficiency and operational productivity through sound financial management.
• Support product development, pricing strategies, and funding of agribusiness projects.

Stakeholder & Investor Relations

• Maintain strong relationships with regulators, government agencies, development partners, and investors.
• Prepare board-level presentations, financial briefings, and reports for shareholder engagements.
• Represent the bank in industry forums, policy dialogues, and external stakeholder engagements.

Team Leadership & Development

• Lead, mentor, and develop high-performing finance professionals.
• Promote a culture of accountability, transparency, and ethical financial management.
• Build capacity in financial planning, analysis, and compliance.

3. Qualifications & Experience

• Professional qualification: Chartered Accountant (ACCA, ICA (GH), CIMA, CPA, or equivalent).
• Advanced degree in Finance, Accounting, Economics, or Business Administration (MBA preferred).
• Minimum of 15 years’ progressive experience in banking/financial services, with at least 7 years in a senior finance leadership role.
• Demonstrated knowledge of IFRS, Basel II/III, PFM Act, tax regulations, and financial risk management.
• Experience working with regulators (Bank of Ghana, Auditor-General, SEC) and external auditors.

4. Key Skills & Competencies

• Strong strategic, analytical, and financial planning skills.
• Deep knowledge of banking operations, treasury, and capital markets.
• Excellent communication and stakeholder engagement skills.
• High ethical standards, integrity, and sound judgment.
• Proven leadership, team management, and talent development ability.

5. Performance Indicators (KPIs)

• Timeliness and accuracy of financial reporting.
• Compliance with regulatory requirements.
• Capital adequacy and liquidity ratios within BoG thresholds.
• Cost-to-income ratio improvements.
• Return on assets (ROA) and return on equity (ROE) growth.
• Successful execution of strategic financial initiatives.

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