As the Group CFO, you shall be tasked with contributing to the Old Mutual East Africa financial strategy, maintaining a long-term focus on the future financial direction of the business. You shall partner with the East Africa Group CEO and business unit leaders in the development and rollout of the company’s vision and strategy, by improving and safeguarding financial results.
Key Tasks and Responsibilities
You shall be accountable for the execution of the financial strategy through managers and their teams to deliver sustained growth in the organization. You will provide effective management of the Company’s financial and other resources and ensure timely and accurate reporting.
- Corporate Strategy Shaping: Participate in the development of corporate strategy for OMEA, applying functional expertise to test the viability of the strategy and contributing creative ideas and insights to support the strategy formation process.
- Functional Strategy Formation and Execution: Lead the development and implementation of strategy, anticipating mega-trends and complex challenges and opportunities and ensuring integration with wider corporate strategy. Drive profitability of the business and guides the business on growing ROE, revenues, AOP and IFRS profits.
- Board Relationship: Develop and improve relationships with board members, identifying priorities, issues, and strategic challenges and preparing them for discussion.
- Corporate Representation: Represent the organization in a variety of industry, institutional, and/or professional forums, boards, and committees. Represent the organization in external relations with investors, clients, industry, partners, and the public.
- Corporate Social Responsibility/Integrity: Take overall responsibility for designing, developing, and delivering the organization's corporate social responsibility strategy and services, ensuring full compliance and accountability.
- Leadership and Direction: Set and communicate the strategy, along with the broad actions needed to implement it, for achieving the OMEA's mission, vision, and values; inspire a large or diverse workforce to commit to these tenets and do extraordinary things to achieve the organization's business goals.
- Regulatory and Compliance Management: Take overall responsibility for designing, developing, and delivering the compliance strategy to ensure the organization adheres to regulatory standards. Assesses the effectiveness of the internal control environment by identifying risks and reviewing controls.
- Performance Management: Manage and report on business performance; hold direct reports accountable for achievement of business plans and take corrective action where necessary to ensure the achievement of business objectives.
- Organizational Capability Building: Identify the capabilities needed to meet the current and emerging business needs of the organization. Evaluate current capabilities, identify gaps, and prioritize development activities.
- Stakeholder Engagement: Identify and manage stakeholders up to and including the C-suite, coordinating the development of stakeholder engagement plans to support the communication of business information.
- Budgeting: Take overall responsibility for setting and approving area budgets that achieve organizational strategy and ensuring residual risk exposure is within specified limits.
- Treasury Management: Establish and monitor the implementation of an effective treasury management system and investment strategies that maximize profitability and facilitate cash flow management.
- System Automation: Lead in the simplification, digitization and automation of finance systems and implement robust accounting systems embedded with appropriate controls.
- Compliance and AML: Responsible for ensuring adherence to Anti-Money Laundering (AML), KYC standards, and Sanctions-related policies and process requirements within Old Mutual and its subsidiaries.
Qualifications and Training
- Bachelor or Master’s degree in Finance, Accounting, Business Administration, or a related field.
- Professional accounting qualifications such as ACA, CA, CPA, or CIMA.
- At least 7 years working experience in accounting areas including financial reporting, management accounting, treasury, tax and audit.
- At least 3 years in a senior finance management position.
- Knowledge of integrated accounting systems.
- Understanding of local customs and excise duties, VAT, Withholding and corporate tax laws.
- Proven track record of managing large teams and driving process improvements.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication and interpersonal skills.
Competencies
- Aligns Execution: Planning and prioritizing work to meet commitments.
- Manages Complexity: Solving problems involving complex or high-volume information.
- Builds Effective Teams: Building strong teams that apply diverse skills to achieve goals.
- Ensures Accountability: Holding self and others accountable for meeting commitments.
- Strategic Vision: Seeing ahead to future possibilities and translating them into breakthrough strategies.
- Drives Results: Consistently achieving results, even under tough circumstances.
- Instills Trust: Gaining the confidence of others through honesty and integrity.
How to Apply
Interested and qualified? Go to Old Mutual Kenya on oldmutual.wd3.myworkdayjobs.com to apply.
