Senior Manager: Finance (m/f)

Description

• The Senior Manager: Finance will provide technical and operational support in the management of the Authority’s financial health and growth; Manage financial operations and reporting; Financial and accounting systems implementation, evaluation, and monitoring; and Forecasting, budgeting and fiscal functions in accordance with GAAP, IFRS, finance regulations, policies and procedures. Further, to ensure that the procurement and corporate administration functions are managed efficiently

Duties

• Financial Accounting:
• Manages the financial resources of CRAN including Universal Services Fund (USF)
• Reviews and recommends for approval an accounting system, which ensures accurate management of CRAN’s financial affairs within the laid down policies
• Adheres to corporate governance systems to financial accounting
• Reviews, analyses, and makes recommendation on pricing, annual levies, and application fees by service providers to CRAN
• Manages the financial aspects of capital appropriation and expenditures in accordance with approved policies
• Recommends for approval, proposals for policies on banking, borrowing, foreign currencies, receipt and disbursement of monies and investment matters, on the preparation and payment of payrolls
• Analyses, reviews and recommends inputs into tariff structure for licensees
• Monitors and reports performance of investment markets to ensure that competitive interest rates and good returns are always secured for CRAN
• Manages the liquidity/solvency of CRAN and ensures that expenditure is controlled in line with operating budgets and business plan
• Provides input into the establishment of key financial strategies to enhance business profitability
• Coordinates and manages the design and assessment of financial strategy and performance as it relates to the annual budget and long-term goals
• Develops and manages internal financial controls to ensure financial prudence
• Monitors and ensures annual financial statements are prepared in accordance with Internal Financial
• Reporting Standards (IFRS):
• Manages reporting, annual accounts and audit matters to ensure compliance with statutory requirements, donor reporting and governance structures; and
• Manages the preparation of the financial documents for internal audit and prepare the financial system for the external annual audit
• Management Accounting:
• Manages and coordinates the timely and accurate development of budgets, management reports, and models that will assist authorities in making informed resource allocation, and investment decisions
• Guides the preparation of CRAN’s overall annual financial budget ensuring adherence to the financial standards and regulatory requirements
• Reviews monthly budgetary reports for each department, report implications and make appropriate recommendations
• Provides input and make recommendation on appropriate cost accounting procedures to operators
• Reviews and provides strategic and operational overview in quarterly budgetary reports for each department and make appropriate recommendations; and
• Manages, monitors and coordinates the adequacy and functionality of budgetary controls in a manner that always facilitate financial prudence throughout CRAN
• Procurement and Contracts Management:
• Prepares and recommends for approval the Procurement and Contracts Management Annual Plan in line with strategic objectives
• Monitors to ensure compliance to procurement procedures as laid down in the Public Procurement Act for all levels of procurement
• Assess on a regular basis effectiveness and efficiency of the Procurement and Contract Management procedures
• Monitors and evaluates the adequacy and functionality of procurement controls and system
• Manages the registration of CRAN service providers on the Enterprise Resource Planning (ERP) System
• Monitors and ensures that supplies and products are made available in accordance with approved suppliers’ agreements
• Monitors the administration of the bidding process in preparation for
• Procurement Committee and subsequently execute approved contracts:
• Evaluates and reports on implications of renewable or ongoing contracts as to cost of services; and
• Monitors and ensures provision of reliable and efficient services to CRAN and its employees in the areas of procurement and contracts management
• Divisional Compliance and Risk Management:
• Monitors division operations on a regular basis to ensure that all relevant laws, regulations, and policy frameworks are applied and adhered to
• Develops and recommends all divisional management policies
• Interprets CRAN’s policy framework and recommend relevant policy improvements
• Develops and ensures the implementation of continuous improvement programmes to increase efficiencies throughout the division
• Ensures that the divisional audits are carried out timeously and that relevant information is availed
• Identifies and evaluates the divisional risks and directs the implementation of mitigating measures on continual basis; and
• Ensures implementation of mitigating measures and remedial action of audit findings and ensure prevention of similar risks in future by undertaking regular monitoring and evaluation of management actions

Requisites

• A relevant Honours’ Degree in Accounting and Finance or equivalent
• Senior Management Development Programme (SMDP)
• Six (6) to Seven (7) years working experience in the finance and administration environment of which Four (4) to Five (5) years should have been at Senior or Management level
• Professional Qualification: Chartered Accountant/CIMA/ACCA will be an added advantage
• Understating of Finance Act, Public Procurement Act, Corporate Administration Policy Application, a relevant interpretations
• Proficiency in MS Office packages and financial management software, ERP and E-government procurement software
• Practical knowledge of Project Management Principles and Methodologies
• Advanced knowledge in managing financial matters
• 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
• Cran Is an Equal Opportunity Employer. Persons With Disabilities Are Encouraged to Apply.
• 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
• REMUNERATION PACKAGE: CRAN offers a competitive market-related cost to company remuneration package commensurate to relevant experience and qualifications

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae

2. Application

• Send your Documentation to recruitment@cran.na with the Subject line “Senior Manager: Finance”