Chief Finance Officer - Cement Industry at Dangote Group | Torre
Chief Finance Officer - Cement Industry
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Dangote Group

Chief Finance Officer - Cement Industry

Dangote Group
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Full-time

USD75.4K - 100K/year

~COP150M - 200M/year

+ Equity

+ Bonuses

location_on
Thies, Thiès Region, Senegal
Posted about 3 years ago

Responsibilities

Oversee the Country budgeting and reporting; financial analysis and forecasting; cost and revenue management; and fixed asset accounting and ensure accuracy of financial records and compliance with best practice financial management principles and regulatory requirements. Responsibilities: - Drive the implementation of the Department, Country or Plant’s operational strategy, work plans, programs, systems, controls, policies and procedures to ensure a rigorous financial framework in alignment with DCP’s overall objectives. - Provide input to the development of budgeting guidelines, policies and procedures ensuring inculcation of best practices and alignment with local operating regulations and requirements. - Drive and oversee the budgeting process and ensure inputs from all Business Units, Functions and Departments are in compliance with stated guidelines and that exceptions are escalated appropriately. - Ensure timely and accurate preparation of monthly, quarterly and annual management reports to aid management decision-making process. - Ensure ongoing review, update and documentation of monthly, quarterly, and yearly financial forecasts, and ratio analysis. - Ensure collaboration/interface with other departments on financial assessment of projects, business models and business plans. - Support the analysis and evaluation of projects, initiatives and business plans to provide information for management decision-making. - Oversee the preparation of financial reports, ensuring compliance with DCP’s Accounting Policies and International Financial Reporting Standards (IFRS). - Implement adequate internal financial control systems and frameworks to ensure appropriate integration of business reporting requirements, the integrity of information contained in and the compliance of the Financial Statements with relevant reporting regulations. - Define and document credit guidelines, policies and procedures ensuring inculcation of best practices and ensure adequate monitoring and management of credit exposure. - Ensure effective utilisation of financial resources to achieve cost efficiency. - Proactively identify risks and define and implement strategies to prevent revenue leakage. - Provide broad guidelines for the management of fixed assets from an accounting perspective, ensuring that organisational policies with respect to accounting for fixed assets are adhered to at all times. - Keep abreast of changes and updates in macroeconomic policies and advice the Regional Chief Finance Officer, Group Chief Finance Officer or Country CEO on the implications for the business. - Coordinate the preparation of departmental budget and approve departmental expenditure in line with approved authority limits. - Provide overall guidance, leadership support and strategic direction in the execution of the department’s functions and activities. - Prepare and submit periodic reports to the Regional Chief Finance Officer, Group Chief Finance Officer or Country CEO on the activities of the department. - Perform any other duties as may be assigned by the Regional Chief Finance Officer, Group Chief Finance Officer or Country CEO. - Regularly update Accounting Policies and Procedures Manual and ensure compliance with Group Policies and Procedures.
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