The posting
Job Description
Key Responsibilities
Financial Strategy, Leadership & Business Partnership
- Develop and implement JIB's financial strategy, annual finance priorities, and operating plan in line with the organisation's international business strategy and approved Group policies.
- Advise the Director of International Business and leadership team on financial performance, resource allocation, funding needs, investment priorities, commercial risks, and corrective actions.
- Establish and maintain a consistent finance operating model across JIB Headquarters and country operations, including common policies, approval authorities, reporting standards, controls, and service expectations.
- Translate JIB's country expansion, project pipeline, and operating plans into realistic financing, cash flow, profitability, and financial capability requirements.
Planning, Budgeting, Forecasting & Performance Management
- Lead the annual budgeting and medium-term financial planning process for JIB Headquarters and all JIB countries, ensuring alignment with approved strategy, project plans, and operating assumptions.
- Review and challenge country budgets, capital expenditure plans, project development costs, and funding requests before submission for approval.
- Coordinate monthly and quarterly forecasts across the JIB portfolio, monitor performance against budget and forecast, and agree time-bound recovery actions for material variances with country and functional leaders.
Financial Reporting, Consolidation & Management Information
- Direct timely monthly, quarterly, and annual close processes for JIB Headquarters and country entities and ensure complete, accurate, and supportable financial information.
- Consolidate multi-country financial results and ensure financial statements and management accounts comply with applicable accounting standards, Jospong Group policies, approved charts of accounts, and reporting requirements.
- Prepare concise financial dashboards and decision papers for the Director, JIB leadership, relevant governance committees, and Group stakeholders, highlighting results, trends, risks, and required actions.
Treasury, Cash Flow, Banking & Funding
- Maintain a consolidated cash flow forecast and liquidity plan for JIB Headquarters and all country operations, with early warning of projected funding gaps or payment risks.
- Oversee bank accounts, authorised signatories, payment controls, foreign exchange transactions, fund transfers, and cash holdings in line with approved mandates and segregation-of-duty requirements.
- Coordinate the timely funding of approved country and project activities, monitor the use and retirement of advances, and prevent unapproved or unsupported financial commitments.
- Monitor debt service obligations, lender and bank covenants, guarantees, and other financing conditions and escalate potential breaches before they occur.
Country Finance Oversight & Portfolio Performance
- Provide functional leadership and performance oversight to country finance teams and conduct structured monthly reviews of results, cash, working capital, budget variances, statutory obligations, audit issues, and emerging risks.
- Ensure each country maintains reliable books of account, bank and balance-sheet reconciliations, supporting records, payroll controls, fixed-asset records, and complete statutory documentation.
- Monitor country-level revenue collection and approved financial waterfalls, including management fees, intercompany obligations, development capital repayments, debt service, and operating costs where applicable.
- Escalate material country risks, including missed payments, unapproved budget overruns, control failures, covenant pressure, cash shortages, regulatory exposure, or suspected financial misconduct.
Revenue, Commercial Finance & Project Support
- Oversee pricing, billing, revenue recognition, collections, and receivables management for JIB Headquarters and cross-country arrangements, including approved management service fees.
- Review the financial implications of commercial agreements, concessions, partnerships, and country operating arrangements in collaboration with Investment, Projects, Legal and Compliance, and Business Development teams.
- Support investment appraisals, feasibility studies, business cases, financial models, project return assessments, and scenario analysis for proposed and active country projects.
- Track project and portfolio profitability, capital deployed, development costs, project expenditure, return assumptions, and financial performance against approved models and business plans.
Expenditure, Payables, Payroll & Asset Controls
- Oversee accounts payable, petty cash, advances, imprest retirement, reimbursements, supplier reconciliations, and payment scheduling, ensuring every payment has an approved budget, complete supporting documents, verified receipt, and the required authority.
- Review payroll funding and finance controls in coordination with Human Capital, including reconciliation of approved employee changes, deductions, allowances, and statutory payments.
- Maintain effective controls over fixed assets, inventory, project equipment, and other financial resources, including registers, periodic verification, depreciation, and disposal approvals.
Tax, Statutory Compliance, Audit & Financial Risk
- Ensure timely and accurate tax filings, statutory financial statements, social security payments, company returns, and other finance-related obligations for JIB Headquarters and each country entity.
- Coordinate external audits and support internal audit, lender, and compliance reviews; ensure requested records are available and agreed audit actions are assigned, tracked, and closed on time.
- Maintain oversight of intercompany accounting, transfer pricing support, related-party transactions, and cross-border financial reporting in accordance with approved Group policy and applicable requirements.
- Maintain an up-to-date financial risk view and strengthen controls against liquidity, foreign exchange, credit, tax, banking, fraud, bribery, money laundering, sanctions, duplicate-payment, country, project, and reporting risks in collaboration with Legal, Compliance, and Audit.
Finance Systems, Data Governance & Continuous Improvement
- Drive disciplined use of approved finance systems and standardise the chart of accounts, master data, reporting templates, period-end checklists, document retention, and access controls across the JIB finance network.
- Improve finance processes through automation, clear workflows, service standards, and data-quality controls that reduce delays, manual work, duplication, and error.
- Work with Information Technology to maintain appropriate system access, backup, cybersecurity, business continuity, and recovery arrangements for critical financial information.
Team Leadership & Stakeholder Management
- Lead, coach, and develop the JIB Headquarters finance team and country finance leads, setting clear objectives, performance standards, development plans, and succession coverage for critical roles.
- Build effective stakeholder relationships and promote financial discipline, accountability, stewardship, timely reporting, professional challenge, and ethical decision-making across all JIB operations.
- Perform any other finance responsibilities assigned by the Director of International Business or authorised Jospong Group leadership in line with approved governance processes.
Key Performance Indicators (KPIs)
Financial Planning & Portfolio Performance
- JIB Headquarters and country budgets, forecasts, and medium-term financial plans completed, reviewed, and submitted within the approved planning calendar.
- Monthly budget-to-actual and forecast variance reviews completed for JIB Headquarters and all reporting countries, with material variances supported by approved corrective actions.
- Portfolio financial performance, profitability, cash position, and key project returns monitored and reported against approved business plans and investment models.
Reporting, Consolidation & Data Quality
- Monthly, quarterly, and annual financial reports and consolidated management accounts submitted accurately and within agreed reporting deadlines.
- Bank, intercompany, receivables, payables, payroll, fixed-asset, and other material balance-sheet reconciliations completed and reviewed within the period-end timetable.
- Material post-close corrections, unsupported balances, and repeat financial reporting errors attributable to finance process failure kept at zero.
Cash, Revenue, Funding & Working Capital
- Consolidated cash flow forecasts maintained and updated on schedule, with critical funding gaps or covenant risks escalated before payment or compliance failure.
- Management fees, country receivables, intercompany amounts, development capital repayments, and other income collected against agreed terms and ageing targets.
- Approved country and project funding released on time, used for authorised purposes, and supported by complete accountability and retirement records.
Controls, Compliance & Audit
- Tax, statutory, lender, and finance-related regulatory filings completed accurately and on time across all relevant jurisdictions, with avoidable penalties kept at zero.
- Internal and external audit actions closed within agreed timelines, with no repeat high-risk finding arising from an unaddressed finance control weakness.
- Material unauthorised expenditure, fraud loss, duplicate payment, unsupported payment, or control breach attributable to finance process failure kept at zero.
Country Oversight, Systems & Team Leadership
- Structured monthly finance reviews completed for every reporting country, with overdue corrective actions and significant risks escalated promptly.
- Country finance teams comply with approved policies, systems, approval authorities, and reporting requirements, with team objectives, reviews, development plans, and succession actions completed within the annual cycle.
Person Specification
Qualifications
- A Master's Bachelor's degree in Accounting, Finance, Business Administration, Economics, Commerce, or a related discipline.
- A recognised professional accounting qualification such as CA, ACCA, CPA, CIMA, or an equivalent qualification is required.
Experience
- Minimum of 10-12 years of progressive finance and accounting experience, including at least 5 years in a senior finance leadership or financial controller role.
- Demonstrated experience overseeing multi-country, multi-entity, or regional finance operations, preferably within Africa.
- Strong experience in budgeting, consolidation, treasury, statutory reporting, tax coordination, audit, internal controls, and management reporting.
- Experience supporting capital-intensive projects or related operational sectors and working with banks, lenders, investors, development finance institutions, auditors, regulators, and senior executive or board stakeholders is desirable.
Technical Skills
- Expert knowledge of financial accounting, management accounting, financial controls, consolidation, budgeting, forecasting, and performance analysis.
- Strong working knowledge of IFRS or applicable reporting standards, tax and statutory compliance, audit requirements, and cross-border financial governance.
- Advanced treasury, liquidity, cash flow, foreign exchange, banking, debt-management, financial modelling, investment appraisal, scenario analysis, and commercial decision-support skills.
- Ability to establish practical finance policies, delegated authorities, reporting calendars, charts of accounts, and consistent controls across multiple countries.
- Advanced proficiency in Microsoft Excel, financial reporting tools, and ERP/accounting systems; experience with Oracle or a comparable enterprise platform is an advantage.
- Excellent written and spoken English, with strong financial report writing, presentation, negotiation, and executive communication skills.
Core Competencies
- High integrity, independence, confidentiality, and sound professional judgement.
- Strategic financial thinking combined with disciplined execution and strong attention to detail.
- Strong analytical and problem-solving ability, with confidence to challenge assumptions and escalate material risks.
- Effective leadership, coaching, delegation, and performance management across geographically dispersed teams.
- Strong stakeholder management, influencing, negotiation, and business-partnering skills at executive and country levels.
- Cultural awareness, adaptability, resilience, and the ability to work effectively across different regulatory and operating environments.
- Strong alignment with Jospong Group core values: Godliness and Fellowship, Service Excellence, People Focused, Stewardship, and Teamwork.
