ProDev Group Holdings is a Rwandan company engaged in activities along the maize value chain, through its two subsidiaries (Minimex SA and ProDev Rwanda Ltd). The company’s activities involve sourcing, handling, storage and milling of maize.
In the short to medium term, the company’s expansion plans will focus on engaging in activities further down the value chain, with one major engagement in animal feeds production. To ensure achievement of its plans in an efficient manner, the company requires the services of a Group Senior Financial.
2. JOB DESCRIPTION
PRODEV GROUP HOLDINGS COMPANY
ProDev Company Holdings is a Rwandan company engaged in activities
along the maize value chain, through its two subsidiaries (Minimex SA and
ProDev Rwanda Ltd). The company’s activities involve sourcing, handling,
storage and milling of maize. In the short to medium term, the company’s
expansion plans will focus on engaging in activities further down the value
chain, with one major engagement in animal feeds production. To ensure
achievement of its plans in an efficient manner, the company requires the
services of a Group Senior Financial.
3. SENIOR FINANCIAL MANAGER
JOB TITLE: Group Senior Financial Manager
JOB PURPOSE: The GSFM will be responsible for implementing the finance
policies of the Group and its subsidiary companies, financial processing and
monitoring the budget on a day to day basis. The GSFM will be expected to
contribute to the development and execution of the Group’s growth
strategy, advising on the most prudent mechanisms for fiduciary management
of the Group’s subsidiary companies, ensuring that there are proper financial
and accounting controls, and identifying investment considerations that will
ensure that the value of the Group’s assets is protected.
REPORTS TO: The Group CEO and the Board of Directors
SUPERVISES: All the employees in the accounting and finance functions of the
subsidiary companies
4. QUALIFICATIONS
Education: CPA/ACCA with at least a Bachelor’s Degree in a relevant discipline,
preferably augmented with an MBA.
Skills: The successful candidate must possess the following skills:
• Strong stakeholder management and relationship skills
• Strong financial management and profit maximization skills
• Strong operational experience, with a sound grounding in the financial
considerations of manufacturing entities.
• Excellent people management and communication skills
• Strong presentation skills
• Strong knowledge of financial compliance and governance requirements
• Impeccable integrity and diligence
• Proven analytical skills
• Ability to work in a multi-cultural environment
• Demonstrated ability to work successfully under pressure
5. Experience: The successful candidate must demonstrate the following
experience:
• Have at least [ten(10)] years of financial management responsibility in a for-
profit environment.
• Experience in dealing with cost management and optimization.
• An appreciation of cost control and commercial negotiations
• Experience with initiating and leading improvement programmes, developing
and implementing strategic plans and overseeing change
• Experience with project management, procurement, overseeing advisors and
contractors
• An understanding of private equity fund investor issues
• Strong treasury and cash management background
• Strong, positive leadership, able to influence service providers and
management Teams.
6. SPECIFIC JOB RESPONSIBILITIES
LEADERSHIP:
• Advising the Directors, CEO and Board of Directors on the financial
implications, of business/project activities.
• Responsibility for understanding the strategic direction of the
Company, providing high level, proactive financial expertise and leadership to
the company as a whole and direction for both short term and long term
financial planning.
• Leading the design and implementation of the structure of financial resources
and all financial operations of the company.
• Developing a strategic proposal for Asset Management.
• Providing internal leadership and direction to immediate reports of the Finance
Division.
• Providing input in business planning and product costing.
• Assisting in recruiting new officers for the division and develop training models
for the department's staff.
• Training the finance department and other staff on raising awareness and
knowledge of financial management matters.
• Responsibility for the Financial Accountability of the business
7. FINANCES:
• Actively managing company cash flow and on a daily basis and generate relevant
cash flow projections and forecasting.
• Managing cash flow and forecasting; direct all financial, project-based, and
departmental accounting.
• Maintaining internal control and safeguards for receipt of revenue, costs, and
project budgets and actual expenditures.
• Preparing of periodic management and statutory financials.
• Being in charge of the budgeting, budgetary control and forecasting process.
• Coordinating both interim and annual audits with Company auditors.
• Overseeing the production of monthly reports including reconciliations as well as
financial statements and cash flow projections for use by management, as well as
the Audit/Finance Committee and Board of Directors.
8. FINANCES:
• Assisting in the design, implementation, and timely calculations of wage
incentives, commissions, and salaries for the staff.
• Investigating cost-effective benefit plans and other benefits, which the
company may offer employees and potential employees with the goal of
attracting and retaining qualified individuals.
• Consistently analyzing financial data and present financial reports in an
accurate and timely manner; clearly communicating monthly, quarterly, and
annual financial statements; monitoring progress and changes and keeping
senior leadership abreast of the company’s financial status.
• Managing and monitor all aspects of company accounts receivable and
payable.
• Managing timely computation, payment and submission of all statutory
deductions while ensuring compliance with all statutory requirements.
• Overseeing business insurance plans and coverage analysis.
• Overseeing the maintenance of the inventory of all fixed assets.
• Manage the capital needs and budgeting process for the company.
9. OPERATIONS:
• Participating in the Operational Review meetings and represent the finance
division in those meetings.
• Primary interface on all banking, treasury and board-level presentations.
• Preparing terms of reference and overseeing the consultancy in the field of
the financial advisory firms to be engaged by the Company.
• Ensuring adherence to accounting standards and legal compliances.
• Demonstrating IT capability in fully utilizing & integrating the company’s ERP
system
• Managing all aspects of manufacturing accounting and inventory control.
10. POLICIES:
• Ensuring that existing finance guidelines and related administrative
procedures are adhered to.
• Overseeing all accounts, ledgers, and reporting systems ensuring
compliance with appropriate IFRS standards and regulatory requirements.
• Collaboratively developing operating policies and procedures,
improvement programs and management systems for the attainment of
objectives of specific projects and the company.
• Back stopping the accounting team and the quality assurance of the
accounting
system.
• Applying and demonstrating high quality financial and other related
management controls.
• Abiding by, observing and at all times complying with and give effect to the
terms and conditions of the Investment Agreements and ensuring that the
Company does not in any way violate or fail to comply with its obligations
thereunder.
11. KEY PERFORMANCE INDICATORS
• Timely reporting
• Compliance with all statutory requirements
• Cash management
• Driving efficiency in operations, including cost reduction strategies, and
advising on opportunities for greater revenue generation
• Timely support to other senior management
• Good investor relations
TERMS: Competitive compensation, established by the Board and
commensurate with qualifications and experience. Benefits include housing,
full health insurance, company car, communication.
EVALUATION: Performance will be evaluated by the Group Board of
Directors.