JOB VACANCY: HEAD FINANCE & PLANNING

Duty Station: Harare, Zimbabwe

Position: HEAD FINANCE & PLANNING

Reports To: DIRECTOR FINANCE

Job Type: Contract

Available Slots: 1

Application Deadline: 31 March 2024

Duration of Appointment: Fixed-term contract of five (5) years (renewable, subject to performance)

Nationality: To be eligible for appointment, candidates must be nationals of a Member State of the Organization. Nationals of unrepresented Member States namely; Cabo Verde, The Gambia, Kingdom of Lesotho, Liberia, Mauritius, Sao Tome and Principe, Seychelles, and Somalia are strongly encouraged to apply.

Job Purpose

To support implementation of the financial management system, policies, and system of internal financial control. Contribute to financial forecasting, analysis, and compliant financial reporting to facilitate operational and strategic decision-making and exploitation of business growth opportunities.  Analyse and interpret the financial rules and regulations and provide solutions to a wide spectrum of complex financial issues. To promote a client-oriented approach consistent with ARIPO rules, policies, and regulations.

Key Result Areas 

Financial Accounting, Resource Planning, and Management

Budget preparation, monitoring, and control

Control of accounts and payments

Financial Risk Management

Principal Duties

1. Prepare financial statements and financial reports in compliance with International Public Sector Accounting Standards (IPSAS).
2. Ensure proper planning, income and expenditure tracking and audit of financial resources, in accordance with ARIPO financial rules and regulations.
3. Analyse trends and forecast income from IP Protocols, Member States, cooperating partners, and other sources.
4. Organize the cash management processes, including liquidity management, recommendation of imprest level, risk assessment, and cashflow plans.
5. Manage internal standard operating procedures and control of the workflows in the Finance Department. 
6. Propose cost-saving and reduction strategies.
7. Prepare draft annual budgets and financial forecasts to support management decision-making.
8. Monitor expenditure against budget and perform monthly variance and trend analysis.
9. Prepare annual cashflow plan, as well as monthly cashflow plan for effective financial planning.
10. Undertake quality control by performing ongoing review, analysis and reconciliation of accounts.
11. Coordinate responses to internal and external audit queries.
12. Ensure proper receipt, management, safeguarding and disbursement of payments.
13. Review, modification, initiation, and implementation of internal control procedures.
14. Ensure proper maintenance of the Accounts Receivables.
15. Ensure compliance with all relevant financial regulations, staff rules, accounting policies, procurement procedures, asset disposal policies, laws, and
        legislations, etc.
16. Undertake financial risk assessment, identify mitigation measures, and maintain the financial risk matrix.
17. Contribute to the provision of sound financial insights to help make better decisions about formulating and executing strategy and provide guidance and
        analysis to executive and operational management to improve results.
18. Build and manage a high-performing departmental team by providing leadership, and effective utilization of the Balanced Scorecard Performance
        Management System ensuring that aligned KPIs are in place for all subordinates.
19. Manage the fixed assets register in line with internal policies.

 

Qualification and Experience

Bachelor’s Degree in Accounting, Financial Management, Finance, or related field.

Seven (7) years of post-qualifying financial management experience. 

Certified Public Accountant or equivalent professional qualification.

Master’s in Business Administration Degree (MBA) is desirable. 

Experience in an international organization/public sector institution is desirable.




Competencies and Skills required

Strategy formulation and implementation capability.

Ability to think strategically, anticipate future consequences and trends and incorporate. them into organizational planning.

Strong financial management and corporate reporting skills.

Excellent communication; relationship management and presentation skills.

Strong problem-solving and analytical skills.

Excellent organizational skills, focus on detail and ability to work under pressure and meet strict deadlines.

Working experience with International Public Sector Accounting Standards (IPSAS). 

Hands-on experience working with enterprise resources planning (ERP) systems.

Good people management and leadership skills.


Conditions Of Employment

Salary and allowances on first appointment shall be those applicable to Grade L3 Step 1 of the ARIPO salary scales of the professional category.

Base Salary: US$49,877 per annum

Benefits include:

Post Adjustment Allowance: 42.7% of base salary (this varies depending on the rise and fall in value of the United States dollar); 

Payment of travel and removal expenses; 

Once-off installation grant;

Education grant of US$9,000 per year for each eligible dependent child up to a maximum of three children; 

Housing allowance; 

Dependency allowance of US$1,800 per year for a dependent child;  

Contributory medical aid scheme;

30 days annual leave; and

Paid home leave every two years.  

Medical examination:  The appointment is subject to a satisfactory United Nations-type medical examination to be conducted by an ARIPO-nominated medical practitioner.

Only shortlisted candidates will be contacted.