Job Vacancy – Group Finance Director
NAWEC is pleased to invite suitably qualified persons to submit applications for the vacant position of Group Finance Director. We are looking for a dynamic, forward looking and performance driven professional who has a strong understanding of corporate governance within the Gambian context. The prospective candidate is expected to be a self-starter and provide needed leadership within NAWEC’s Finance Directorate
The successful candidate could look forward to joining a team of highly dedicated and competent group of employees who are currently playing a critical role in NAWEC’s transformation to be an efficient and service driven utility. NAWEC has signed a performance contract with government with finance related corporate KPIs among the key accountabilities to deliver in achieving government’s objectives for the sector. We are therefore seeking the services of an individual with a proven track record of leading finance teams and efficiently driving financial performance. The ideal candidate must demonstrate commitment to accountability and transparency, responsible financial management as well as value integrity and principled decision making.
Details of the role are specified below:
Position | Group Finance Director |
Position Type | Full- Time |
Employment Type | Contract – 3 years with possibility of renewal based on performance |
Role Summary | The Group Finance Director (GFD) will play a crucial role in providing strategic financial leadership to NAWEC and overseeing the financial functions of the organization. The GFD will lead a team of senior managers responsible for financial accounting and reporting, treasury and financial planning, and compliance and regulatory affairs. This role requires a seasoned finance professional with strong leadership skills, a strategic mindset, impeccable integrity, and a commitment to ethical business practices. |
Reporting Relationships | Reports directly to Managing Director and works closely with all of NAWEC’s Directors and key stakeholders |
Duties and Responsibilities | Strategic Financial Leadership: Provide strategic direction and guidance to the finance team, aligning financial goals with the overall objectives of the organization. Develop and implement financial strategies to drive growth, profitability, and long-term sustainability.
Financial Planning and Analysis: Oversee financial planning and analysis activities, including budgeting, forecasting, and financial modeling. Provide insightful analysis and recommendations to senior management and the Board of Directors to support strategic decision-making and resource allocation. Financial Accounting and Reporting: Ensure the accuracy and integrity of financial reporting processes, including the preparation of budgets, management reports, financial statements, regulatory filings, and forecast reporting. Collaborate with and provide leadership to the Senior Manager Financial Accounting and Reporting to maintain compliance with accounting standards and regulatory requirements. Treasury and Financial Planning: Manage cash flow, liquidity, and capital allocation to support operational requirements and strategic initiatives. Collaborate with and provide leadership to the Senior Manager Treasury and Financial Planning to optimize funding sources, manage debt, and mitigate financial risks. Regulatory Compliance: Ensure compliance with all relevant regulations, laws, and standards. Collaborate with and provide leadership to the Senior Manager Regulatory Affairs to monitor regulatory developments, assess compliance risks, and implement effective compliance programs. Stakeholder Engagement: Build and maintain effective relationships with internal and external stakeholders, including senior management, board members, regulatory and oversight authorities, government and external auditors. Communicate financial performance, risks, and opportunities in a clear and transparent manner. Monitoring Financial Performance: Work closely with the Management team to ensure continuous improvement of performance towards financial KPIs. Contributing significantly to NAWEC’s strategic direction by providing financial analysis, advice, and support to NAWEC’s strategic planning Any other duties relevant to the role and assign. |
Qualifications, Competancy and Skills | A minimum of Qualified Chartered Accountant. ACCA/CPA or Equivalent professional qualification preferably combined with a Master’s degree in Finance or Acounting or related field.
A minimum of ten (10) years post-qualification experience with at least five (5) years experience in a senior finance leadership role in similar organisation to NAWEC and/ or a regulated industry; with a demonstrated track record of promoting integrity and ethical behavior.
Proven leadership skills with the ability to inspire and motivate a team to achieve goals and objectives.
High ethical standards and a commitment to upholding integrity and transparency in all aspects of financial management.
Excellent analytical skills with the ability to interpret financial data and provide strategic insights.
Strong communication and interpersonal skills, with the ability to inspire trust and credibility among stakeholders.
Deep understanding of financial principles, practices, and regulations, with a focus on compliance and risk management.
Has the ability and drive to harness information technology using recently installed integrated ERP systems to ensure provision of timely and relevant data and management information.
Adaptability and Resilience: The ability to adapt to changing circumstances and remain resilient in the face of adversity is critical to the success of this role. This includes remaining calm under pressure, making tough decisions when necessary, and persevering through challenges to achieve long-term objectives. |
The Rewards. NAWEC has restructured its rewards package and can offer a very attractive deal of Salary and Allowances for the right person.
How to Apply. Please send an e-mail to recruitment@nawec.gm referencing the position being applied for along with a curriculum vitae and cover letter, as attachments.
Closing date for receipt of applications is 20th January 2025, by close of business.