Finance director –East Africa University & Holding Institutions -Bosaso

Title: Finance director –East Africa University & Holding Institutions

Closing date: 25-April-2020

Department: Finance

Schedule: Full-time

SUMMARY/GENERAL DESCRIPTION OF JOB:

Position works across multiple entities to provide financial leadership, financial reporting, financial analysis and coordination over daily operations of company accounting systems ensuring financial information is timely, accurate, and complete. Ensures that reports comply with IFRS reporting guidelines. Coordinates information and prepares Corporate and entity consolidated/consolidating budgets, financial forecasts, periodic management and Board reports, variance reports and other financial analysis for the individual entities and consolidated group.

Ensures maintenance of an adequate system of accounting records and a comprehensive set of controls designed to mitigate risk and enhance the accuracy of the reported financial results. This role requires in-depth, working knowledge of IFRS, financial controls, consolidated reporting and financial analysis. Coordinates financial reporting (current period, budget and forecasts) financial policy compliance and internal controls.

Job duties:

• Direct, coordinate, compile and analyze EAU financial information to prepare financial

statements and other reports in accordance with company policies and International

Financial Standards IFRS.

• Oversees the preparation of the monthly financial reports for EAU board and prepares the consolidated/consolidating financial statements for distribution within Corporate close calendar.
• Ability to examine, analyze and evaluate financial data to be able to advise management of trends, scenario analysis and forecast future financial results.
• Responsible for financial reporting compliance, internal controls, cash management, asset management and accounting.
• Participate in the development of the EAU strategic financial initiatives.
• Enhance and/or develop, implement and enforce policies and procedures by way of systems that will improve the overall operation and effectiveness of EAU
• Develop key metrics and monitor accounts payable and accounts receivable of EAU andensuring the correct and accurate accounting classification of transactions in compliance with accepted policies and procedures and efficient management of working capital.
• Prepare the budget for the EAU holding institutions and coordinate completion of budget for individual subsidiaries. Monitor performance against budget to be able to analyze and explain budget to actual variances.
• Develop forecasts in coordination with subsidiaries that reflect business trends and scenario modeling
• Develop and monitor policies and procedures to project cash flow forecasts that ensure sufficient cash flow and efficient working capital management.
• Recommend best practices in financial management to reduce operating costs, streamline processes and/or increase revenues.
• Prepares financial analysis for investment opportunities, presents recommendations

regarding the potential target’s strategic fit, and oversees the investment review process.

JOB REQUIREMENTS

• Bachelor’s degree in Accounting, Finance or a related field from an accredited university.
• Master of Accounting & Finance (preferable)
• Preferred qualified accountant ACCA, CPA or other relevant certifications.
• 5-7 years of professional work experience in finance, accounting, including staff

management experience.

• Willingness and ability to travel up to 20% of the time, the majority being local travel
• Computer skills especially in Ms Excel, spread sheets, Ms Word.
• High level of integrity and ability to work as part of a professional team
• Ability and willingness to work under high pressure to meet tight deadline
• Good communication and interpersonal skills
• Supportive personnel management style
• Good command of English written and spoken
• Proven ability to handle challenging work load
• Excellent interpersonal and written and oral communication skills.

You can either handover to HRM Department or send via Email: hr@eau.edu.so and hrmeaumc@gmail.com