Our partner, a leading holding company in the steel industry, operates multiple subsidiaries across Africa specializing in manufacturing, processing, and distribution. With a strong focus on sustainability, the company transforms scrap metal into high-quality construction materials. They are currently seeking a Head of Finance to oversee financial operations and drive business growth and operational efficiency.
Responsibilities
- Accounting & Financial Control
- Supervise all accounting activities, ensuring complete accuracy and timely closing of books.
- Maintain general ledger integrity, reconcile accounts, and ensure compliance with IFRS/local GAAP.
- Oversee accounts payable/receivable, fixed asset accounting, and inventory valuation.
- Auditing & Compliance
- Coordinate with external auditors, providing necessary documentation and resolving queries.
- Support internal audits, ensuring timely completion and adherence to recommendations.
- Ensure timely statutory filings, tax returns, and compliance with regulatory obligations.
- Banking & Borrowings
- Supervise daily banking operations, including payments, deposits, and reconciliations.
- Manage bank borrowings for working capital and project financing.
- Prepare and maintain financial and legal documentation for loans, ensuring covenant compliance.
- Budgeting & Financial Planning
- Prepare the annual budget in coordination with Sales, Production, and other departments.
- Monitor budget performance, identify variances, and recommend corrective actions.
- Develop long-term financial forecasts to support strategic decisions.
- MIS & Business Reporting
- Oversee preparation of monthly MIS reports, ensuring accuracy and timely submission.
- Provide analysis to GM/Management, highlighting trends, risks, and mitigation measures.
- Sales & Procurement Accounting
- Ensure accuracy in sales accounting, timely invoicing, and customer account reconciliation.
- Support procurement with financial analysis, vendor accounting, and reconciliations.
- Imports, Exports & Logistics Finance
- Supervise import/export documentation and customs clearance processes.
- Ensure accuracy of shipping, insurance, and logistics-related financial documentation.
- Cash Flow & Working Capital Management
- Conduct daily, weekly, and monthly cash flow planning.
- Manage payables, receivables, and collections to maintain optimal liquidity.
- Coordinate short-term and quarterly cash planning aligned with operational needs.
- People & Culture Leadership
- Oversee payroll processing in coordination with HR.
- Mentor finance team members, fostering engagement and accountability.
- Approve staffing requirements, conduct interviews, and manage performance appraisals.
- Support training, capability development, and succession planning within the finance function.
- Key Performance Indicators (KPIs)
- Error-free monthly account closing within agreed timelines.
- Full implementation of audit recommendations.
- Annual budget prepared by early December with variance <5%.
- 100% on-time MIS report submission with data accuracy above 98%.
- Optimized working capital cycle with no payment delays due to cash shortage.
- Banking covenants met 100% with zero defaults or penalties.
- Improved team performance and retention.
Qualifications
- Education & Professional Qualifications
- Bachelor’s Degree in Accounting, Chartered Accountant (CA), ICWA, CPA, ACCA, or equivalent.
- Experience
- Minimum 10 years in finance and accounts, with at least 5 years in a leadership role in manufacturing (steel preferred).
- Strong knowledge of IFRS/local GAAP, tax laws, and statutory compliance.
- Proven experience in financial planning, banking relationships, and working capital management.
- Skills & Competencies
- Strong analytical, problem-solving, and decision-making skills.
- Excellent leadership and team management abilities.
- High integrity and professional ethics.
- Negotiation skills with banks, vendors, and customers.
- Proficiency in ERP systems (SAP) and MS Excel.
Location
- Rwanda
Schedule
- Standard working hours with flexibility during critical reporting periods.
- Occasional travel to plants, banks, and auditor offices may be required.
Benefits
- Accommodation | Car | Transportation | Cellphone | 1 Ticket | Local allowance | Medical insurance | Bonus based on performance (3 to 6 months salary) | Family package + Schooling