CHIEF FINANCIAL OFFICER at First National Bank of Lesotho Limited

CHIEF FINANCIAL OFFICER
First National Bank of Lesotho Limited (FNBL) a highly recognised financial services provider in Lesotho seeks to employ a proactive, innovative, self driven and highly motivated Mosotho to occupy the position of Chief Financial Officer. This position is based in Maseru.
JOB PURPOSE
Strategic partner to the Executive in developing and implementing the financial strategy of the Bank. Responsible for managing and co-ordinating financial internal control measures to ensure stringent financial control and accurate financial reporting.
Key Responsibilities;
Reporting to the Chief Executive Officer, the incumbent shall be responsible for the following;
o Participate in the development of the Group strategy and leadership as part of the executive Team.
o Formulate the financial strategy aligned to the business strategy and translate it into action plans.
o Provide a financial input and advice to business unit Heads to assist them in their strategy development, financial reporting, tax, remuneration structures and costing.
o Manage and co-ordinate the development and execution of financial strategic objectives and initiatives for the FNB Lesotho
o Identify local, regional and national issues, which could have a financial impact on FNB Lesotho and develop appropriate strategies to address these issues.
o Analyse appropriate statutory reporting legislation and develop and implement aligned financial reporting systems and procedures in the Group.
o Manage financial regulatory compliance and approve related payments to ensure the Group acts in accordance with law and regulation.
o Analyse and present consolidated financial information to EXCO (monthly) and the Board of Directors (Quarterly) to assist them to execute their functions.
o Act as Chairman on the procurement committee to ensure decisions are compliant with budgets, rules and regulations.
o Act as alternate chairman of ALCO and the investment committee to optimise the balance sheet profitability.
o Ensure the compliance regarding tax reporting and related efficiencies.
o Team leadership: Line management of staff to ensure effective performance and the establishment and maintenance of a high performance and learning culture.
o Financial and risk management advisory to the CEO, EXCO, ALCO, audit Committee and board of Directors;
o Preparation of monthly EXCO and FirstRand group deliverables;
o Primary financial reporting link with the shareholder, FirstRand and FNB International;
o Primary liaison with the bank external auditors;
o Maintenance of approved procurement policy and approval of orders and payment within specified discretionary limits;
o Preparation of the bank’s financial statements;
o Compliance of bank’s financial reports with International Financial Reporting Standards.
o Preparation of monthly management accounts for key business units;
o Monthly, semi-annual and annual reporting of financial results;
o Monitoring, control and reporting of cost allocation and apportionment between the various business units within FNB Lesotho;
o Strategic input regarding management of division’s finances and processes at Exco and Finance meetings;
o Preparation of semi-annual, annual and rolling forecast balance sheet and income statement;
o Preparation and presentation of annual budgets;
o Implementation and monitoring of internal cost controls


o Training, monitoring, and evaluation of performance of financial teams;
o Review of all general ledger reconciliations with bank’s sub-systems/sub-ledgers (primary review done by business unit with head)
o Review of reports on status of all Suspense accounts from key business units.
o Provision of support to all audits teams (internal, external and Central Bank amongst others).

Qualifications and Knowledge Experience;
o Chartered Accountant
o Audit experience
o Minimum of 4 years finance related experience with 3 years post qualification experience
o Knowledge of management information/ accounting systems

Competencies and Skills;
o Analytical and numerical
o Attention to detail and ability to analyse complex situations
o Planning and organising
o Solution oriented
o Ability to lead a team
o Good oral/written communication skills
o Computer literacy
o Ability to work under pressure

The Closing date for applications is 11th July 2014
Application letters accompanied by a detailed curriculum vitae and names and contact details of three referees must be sent to:
The Head of Human Resources
First National Bank Lesotho – Limited OR Corner Kingsway and Parliament
Maseru
100
Email: ikhotle@fnb.co.za
DISCLAIMER: ONLY SUCCESSFUL CANDIDATES WILL BE CONTACTED.

Head of Finance Planning and Decision Support - Vodacom Lesotho

Vodacom Lesotho invites suitably qualified candidates to the position of Head of Finance Planning and Decision Support reporting to the Finance Director in the Finance Department

1) Overview
• Ensures effective delivery of analysis and translation of Vodacom strategies into plans through the management of the Financial Planning & Decision Support function.

Accountability Key activities/decisions Delivering Results
Role Accountabilities:
• Delivers financial strategy through the planning and direction offered to financial, accounting, taxation and treaury functions.
• Supports Financial Director in building business cases for new financial strategy.
• Leads the operations and activities of the function, planning, organising and coordinating activities across the planning and decision support teams.
• Contributes to overall Finance strategy through the delivery of financial plans, analysis and through insight into the business case development process.
• Provides support to Financial Director in formulating and implementing the company’s financial policy and procedures.
• Ensures effective delivery of Financial plans through the communication and execution of clear action plans, including acting as a key interface for Finance.
• Effective relationship and stakeholder management at a strategic
level through which customer requirements and changing business needs are incorporated into Vodacom Financial Strategy.
• Supports in the development of business proposals acting as the key interface between the finance function and the business heads to agree financial plans, initiatives and policy in order for Vodacom to meet business objectives.
• Manager of managers. Leads and manages the Planning & Decision teams through development of objectives and targets for performance and career development.

Competencies
• Exceptional leadership and management skills and the ability to contribute to Group strategy with regard to insights, business performance, etc.
• Ability to interface with all internal and external stakeholders, including financial institutions and analysts.
• Prepared and capable of driving the position of the company.
• Inspirational leadership; the ability to encourage and support others to achieve high standards, as well as being enthused and positive about opportunities.
• Cultural awareness and the ability to create an inclusive environment.
• Innovative and creative
• Able to develop a convincing and appealing vision for the future at an organisational level.
• Exceptional analytical ability.

Technical / Professional Expertise
• Broad commercial and financial experience.
• Business partnering expertise (ability to translate financial information into strategic business
insights for decision making).
• Strategic financial and Business Planning (budget analysis, interpretation and planning)
• Performance Monitoring
• Accounting, Risk Assessment, & controls experience.
• Exposure to and leadership of significant projects.
• Advanced levels of experience in financial and business analysis.
• Experience in management and board reporting.
• Experience in leading teams of senior professionals.
• The ability to filter and analyse complex and dynamic information.

Qualifications
• Chartered Accountant (CA) (SA) essential or equivalent

Experience
• A track record of success as Head of Finance in a large, complex, consumer oriented business in South Africa, Lesotho or Internationally.
• Ideal industry experience includes: telecoms, technology, banking or other high volume transaction processing industry environment.

Please forward your application,
accompanied by a detailed CV to:
careers@vodacom.co.ls

Closing date: 13th June 2014
Successful candidates will be subjected to security screening.
Should you not be contacted within three weeks after the closing date, please consider your application unsuccessful. Uncertified copies of academic certificates will not be accepted.

CHIEF ACCOUNTANT

JOB TITLE : CHIEF ACCOUNTANT

GRADE : I

NO. OF POSITIONS : 1 (ONE)

PROFESSIONAL CATEGORY : ACCOUNTS

DEPARTMENT : LOCAL GOVERNMENT SERVICE
(MASERU CITY COUNCIL)

DIVISION : FINANCE

RESPONSIBLE TO : CITY TREASURER

JOB SUMMARY:

The person holding the above mentioned post shall abide by the Maseru City Council Financial Regulations. In his/her capacity as a Chief Accountant s/he shall be required to report directly to the City Treasurer. He/she shall assume direct supervision over the sections within Finance Department.

Main Duties:

• Oversee that all expenditure incurred is within the budgets.
• Creation and verification of all reports produced by the Accounting System required for control and decision making.
• Collaborate with all Section Heads when incorporating and recording transactions of a capital nature to the appropriate accounting record and the recurrent expenditures attributed to capital spending.
• Liaise with the legal office on Property Rates defaulters.
• Ensure adherence to Financial Regulations.

Qualifications:

Technician Accountant with at least Two years post qualification experience Or B-Comm Accounting with at least Five years relevant experience.

Preferably a registered member of the Lesotho Institute of Accounts.

Computer literacy is a must.

Applications on relevant Local Government Service Forms for both job seekers and serving officers accompanied by certified copies of educational certificates, four pages C.V and transcripts should be addressed to:

Director Human Resources-LGS
Local Government Service
5th Floor Moposo House
Kingsway Road
Maseru 100