Executive: Finance and Administration

Duties

• Primary purpose of the position: The Executive: Finance is responsible for strategically planning, directing, managing, and coordinating of all the functions under the Finance Department while ensuring alignment with the Authority’s Strategic Plan. Furthermore, the position oversees the overall strategic and operational planning and implementation of the Procurement and Corporate Administration objectives
• Key Performance Areas:

Financial Accounting:

• Oversees the management of the financial resources of CRAN including Universal Services Fund (USF), set goals and procedures for fixed capital investments, working capital, borrowing and ratios
• Oversees the adherence to corporate governance principles
• Approves the pricing, annual levies, application fees of CRAN and make appropriate recommendations to the CEO Directs the financial aspects of capital appropriation and expenditures in accordance with approved policies
• Oversees the financial and operational soundness of the USF Fund supporting the fund with coordinating asset liability modelling, investment allocation, monitoring and evaluation of investment performance and overall management of all treasury functions of the fund
• Reviews and recommends the purchase of sales of securities and other investments
• Provides strategic input into the development of the tariff structure for licensees and advise CRAN therein
• Ensures that CRAN discharges its financial and procurement legal obligations, including statutory reporting
• Responsible for the financial health of CRAN and ensures that expenditure is controlled in line with operating budgets and business plan approved by the Board
• Oversees the management of the liquidity/solvency of CRAN and ensure that expenditure is controlled in line with operating budgets and business plan
• Leads the design and assessment of financial strategy and performance as it relates to managing against the annual budget and long-term goals while fostering organizational effectiveness and sustainability; and
• Reviews, manages and establish as needed internal systems, controls, processes, and procedures to ensure the integrity, accuracy, compliance, and usefulness of financial information and reporting

Management Accounting

• Oversees the timely and accurate development of budgets, financial reports, and models that will assist the CEO, Board, and EXCO in making informed program strategy, resource allocation, and investment decisions
• Reviews and approves appropriate cost accounting procedures to operators
• Reviews and approves procedures for effective system of ongoing budget control throughout the organisation
• Provides strategic overview in quarterly budgetary reports for each department and make appropriate recommendations
• Evaluates the adequacy and functionality of budgetary controls in a manner that always facilitate financial prudence throughout CRAN; and
• Advise and make recommendations in line with the Finance policies best corrective action options for managing budget to the Chief Executive Officer and the Finance Committee Procurement, Contracts Management and Corporate Administration
• Monitors efficiencies of procurement function and that all required controls and systems are in place
• Oversees the approval of service providers through regular monitoring of procurement operations and effectiveness of related systems such as the Enterprise Resource Planning (ERP) system
• Oversee the Administration of Bidding processes including the operations of the Bidding Committee and subsequent execution of approved bid
• Monitor and ensure proper recording and updating of assets is undertaken in line with procurement, acquisition, and disposal guidelines
• Provides reliable and efficient services to the CRAN and its employees in the areas of procurement management and contracts management
• Sets requirements of the procurement of service providers for the maintenance of fixed and movable assets, operations facilities as well as office surroundings
• Develops mechanisms to ensure supply and effective management of the outsourced services to all CRAN properties and facilities
• Monitors the management and maintenance of CRAN’s fixed and movable assets in line with policy; and
• Reviews and guides implementation of streamlined solutions to service provision

Requisites

• Education, Experience and Skill Requirements:• An MBA or Master’s degree in Financial/Management/Revenue Accounting or relavant financial discipline, majoring in Finance/Accounting
• A Bachelor’s degree in Financial/Management/Revenue Accounting or relavant financial discipline, majoring in Finance/Accounting
• Professional Qualification: CA/CPA/CMA/CFA/ACCA; and/or a Postgraduate certification SMDP/EDP/CTA will be an added advantage
• Eight (8) to Ten (10) years’ experience in managing Accounting or Finance function, board knowledge related to ICT industry will be an added advantage
• Four (4) to Six (6) years’ middle management experience
• Understating of Finance Act, Public Procurement Act
• Proficiency in MS Office packages, financial management software, ERP and IFRS, GAAP and related systems
• Results and Goals oriented
• Advanced knowledge in managing financial matters
• Analytical and Systemic skills
• Leadership and Strategic thinking
• Valid Driver’s Licence, Code B; and
• Shortlisted candidates will be required to submit proof of Namibian Police clearance

Notes

• Only shortlisted applicants will be contacted
• Indicate the source of this job post: working.co.na
• REMUNERATION PACKAGE: CRAN offers a competitive market-related cost to company remuneration package commensurate to relevant experience and qualifications
• Application must include: i) a resume (CV); ii) copies of educational qualifications; iii) a cover letter indicating position applied for; iv) the names and contacts person of three (3) professional references; and v) copy of ID
• All attached scanned documents should not exceed 3MB

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae

2. Application

• Send your Documentation to recruitment@cran.na with the Subject line “Executive: Finance and Administration”