JOB INFORMATION
Job Title : Chief Finance and Administration Officer
Division/ Department : Finance and Administration
Section/ Unit : Finance and Administration
Location : Kigali
Reports to : Chief Executive Officer
Direct Reports : People and Culture Manager
Finance and Administration Manager
Senior IT Officer
Job Grade : Level two
Purpose of the job
The Chief Finance and Administration Officer is responsible for providing leadership and overseeing all financial activities and strategies to ensure the Fund’s financial health and stability. The position will also manage the Funds internal investments, financial reporting, and compliance with relevant regulations. This position is also responsible for providing oversight in the administration functions of HR, IT and procurement.
Main responsibilities
• Develop and implement financial strategies aligned with the Fund’s objectives, including investment allocation, risk management, and liquidity planning.
• Prepare and present accurate and timely financial reports to stakeholders, including investors, government entities, and regulatory bodies.
• Ensure compliance with relevant laws, regulations, and accounting standards governing sovereign wealth funds, financial institutions, and investment activities.
• Develop and monitor budgets, forecasts, and financial projections to support strategic decision-making and ensure fiscal discipline.
• Manage cash flow, liquidity, and foreign exchange exposure to optimize returns and minimize financial risks.
• Build and maintain relationships with internal and external stakeholders, including government officials, investors, financial institutions, and industry partners.
• Provide leadership, guidance, and mentorship to finance and administration teams and foster a culture of excellence, collaboration, and accountability.
• Drive continuous improvement initiatives to enhance operational efficiency, streamline processes, and maximize returns on investment.
• Drive the financial performance of the Fund by identifying opportunities for improvement, cost reduction, and systems optimization.
• Participate in strategic planning and major corporate decisions as a member of the executive leadership team.
• Develop and implement robust financial controls, supported by sound KPIs.
• Provide advisory support to portfolio companies in building and modernizing their finance and accounting functions as needed.
• Ensure that the Fund has an ideal and secure information technology infrastructure necessary to enhance operational efficiency.
• Oversee the administration function of the Fund, including outsourced support services.
• Ensure the Fund’s operations are compliant with relevant laws, regulations, and internal policies.
• Oversee the development and actualization of the workforce strategy.
Required qualifications, knowledge, and experience
Academic and Professional Qualifications
• Master’s’ Degree in Business Administration, Commerce, Finance or a relevant field
• Bachelor’s Degree in Finance or Accounting
• Professional qualification in accounting such as Association of Chartered Certified Accountants (ACCA) or Certified Public Accountant (CPA) is mandatory.
Experience
• 10 years’ experience, 5 of which should have been in a leadership role.
• Proven track record of success as a CFO or senior finance executive
Competencies
Technical Competencies
• Demonstrated capability in the analysis and interpretation of general business, financial and operational information.
• Knowledge of accounting theory and of related professional standards such as the International Financial Reporting Standards (IFRS)
• Demonstrated capability to analyse financial data including cost analysis and cost control measures.
• Demonstrated experience in managing procurement practices and processes.
• Extensive knowledge of managing cash flow and liquidity
• Adept at identifying, assessing, and mitigating against financial and operational risks.
• Familiarity with financial management systems, software, processes and tools
• Demonstrated knowledge and awareness of current and emerging trends and developments in finance and accounting management.
• Demonstrated ability to systematically record and analyse financial transactions.
• Extensive knowledge of the financial reporting standards
• Working knowledge of prevailing tax laws and rates
• Knowledge of preparing and analysing account and payment documentation and supporting business processes.
• In-depth knowledge of accounts reconciliation methodology
• Experience in managing information technology operations.
• Experience in human resource management
Behavioral Competencies
• Ability to work autonomously with a strong sense of accountability and ownership.
• Strategic and problem-solving mindset and strong focus on results
• Proficient in handling pressure and effectively managing multiple concurrent projects.
• Adept in effective verbal and written communication skills across various levels of people and functional roles.
• Possession of a learning mindset and critical thinking skills.
• Dedication to economic development and impact in Rwanda with a service-oriented mindset.
• Strong organisational leadership skills with demonstrated ability to align people behind organisational priorities.
• High level of analytical and critical thinking skills
• Demonstrated problem solving, conflict management and decision-making capability.
• Ability to effectively manage resources.
• Ability to coach, mentor and develop talent.
• High emotional intelligence and diplomatic sensitivity
• Demonstrated ability to build strategic relationships and network.
Key contacts
Internal
• Board of Directors
• Audit Committee
• Employment Policy and Remuneration Committee
• Chief Investment Officer
• Chief Legal Officer and Company Secretary
External
• External auditors,
• Auditor General’s office,
• Rwanda Revenue Authority
• Ministry of Finance
• Institute of Certified Public Accountants Rwanda (ICPAR)
• Rwanda Social Security Board (RSSB).
Application Process Interested candidates should submit their resume by Friday, 4th April 2025.
Sourcing Servtec is an equal opportunity employer. Only shortlisted applicants will be contacted, and any solicitation will result in disqualification
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