Chief Financial Officer

Job Summary

Purpose of the Job: To provide strategic input, and influence direction and policy to lead the Financial Services Division of Letshego Holdings (Namibia) Ltd and its subsidiaries – Letshego Bank (Namibia) Limited and Letshego Micro Financial Services (Pty) Ltd, to ensure statutory compliance and reporting, and optimal capital and balance sheet management in order to create shareholder value.

Job Details

Critical Deliverables /Core Accountabilities and Responsibilities:

1) Participate in the development of the Group strategy and leadership as part of the executive team.

2) Formulate the financial strategy aligned to the business strategy and translate it into action plans.

3) Provide a financial input to and advice to business unit Heads to assist them in their strategy development, financial reporting, tax, remuneration structures and costing.

4) Monitoring of key strategic initiatives and the impact on the business' financial performance.

5) Manage and co-ordinate the development and execution of financial strategic objectives and initiatives for the Letshego Holding Company

6) Identify local, regional and national issues, which could have a financial impact on Letshego Holdings and develop appropriate strategies to address these issues.

7) Analyse appropriate statutory reporting legislation and develop and implement aligned financial reporting systems and procedures in the Group.

8) Manage financial regulatory compliance with Bank of Namibia, NAMFISA and Namibia Stock Exchange requirements and approve related payments to ensure the Group acts in accordance with law and regulation.

9) Ensure compliance with all financial reporting for the Group

10) Analyse and present consolidated financial information to CMC monthly and the Board of Directors (Quarterly) to assist them to execute their functions, including the majority shareholder,

11) Engage investors and provide them with information to retain and attract investments.

12) Act as chairman on the procurement committee to ensure decisions are compliant with budgets, rules and regulations.

13) Act as Treasurer, chairman of ALCO and the investment committee to optimise the balance sheet profitability.

14) Execute line management of staff to ensure effective performance and the establishment and maintenance of a high performance and learning culture.

15) Ensure the compliance regarding tax reporting and related efficiencies.

Requirements

Required Qualifications, Knowledge and Skills:

1) Grade 12, 25 points.

2) Chartered Accountant with at least 10 years of experience in both private and listed environment of which at least 3 years should be in the banking environment on a senior management level.

3) Sound knowledge of commercial banking operations and products.

4) Strong credit assessment and risk management skills.

5) In-depth knowledge of regulations and legal procedure relating to banking.

6) Strong interpersonal and persuasion skills.

7) Strong decision making abilities.

8) Strategic thinking and business acumen.

9) Presentation skills.

10) Impact and influence.

11) Ability to lead a strong team and manage multiple disciplines.

About Company

Letshego Financial Services Namibia

https://www.letshego.com

Letshego is a Setswana term meaning ‘support’. At Letshego we provide financial support to our customers. Our new brand mark is a stronger, bolder and more modern depiction of the Letshego tripod.