
Website Redline Recruitment
CFO Needed for Company based in the Seychelles
SUMMARY OF DUTIES:
The Chief Finance Officer (CFO) is a strategic partner to the executive leadership team, responsible for all financial aspects of the Company, including financial planning, management of financial risks, record-keeping, and financial reporting. The CFO will play a key role in developing and implementing the company’s financial strategy to ensure growth, profitability, and compliance within the complex insurance landscape of Seychelles. The CFO will have the responsibility to oversee the Planning, Budgeting & Data Analytics, Business Development, Accounts & Investments and IT departments.
KEY RESPONSIBILITIES:
Financial Strategy and Planning:
• Lead the development of the financial strategy, aligned with the company’s business objectives
• Provide strategic recommendations to the MD and members of the management team
• Oversee long-term budgetary planning and cost management in alignment with the company’s strategic plan
Financial Management and Reporting:
• Ensure accurate and timely financial reporting to the MD and the Board of Directors, including preparation of board papers
• Manage all aspects of financial forecasting, budgeting, and analysis to support decision-making processes
• Oversee the preparation and communication of monthly, quarterly, and annual financial statements
• Develop and maintain robust financial controls, compliance, and reporting frameworks
• Liaison with auditors including for timely production of year end audited accounts
• Debtors Control
• Maintenance of a fixed assets register
Board Reporting and Governance:
• Serve as a key liaison with the MD and the Board of Directors on financial matters
• Prepare and present financial reports, trends, and forecasts to the MD and the board, ensuring clarity and transparency
• Lead the preparation of financial documents and board papers required for board meetings
• Ensure compliance with all relevant laws and regulatory requirements, including insurance-specific regulations
Risk Management:
• Develop and implement strategies for financial risk management, including credit, market, operational and liquidity risks
• Monitor and manage the company’s capital structure, ensuring optimal balance between debt, equity, and reserves
REQUIRED SKILLS:
• 5 or more years of experience in an accounting/financial role preferably from an insurance company
• Excellent leadership skills, with steadfast resolve and personal integrity
• Exceptional verbal, written, and visual communication skills
• Understanding of advanced accounting, regulatory issues, and tax planning
• Working knowledge of how to raise capital outside traditional lines of credit
• Must be technologically adept and possess exceptionally good computer skills and be exceptionally proficient in MS Excel, MS Office, MS Outlook, and PowerPoint, all be necessary for the creation of financial reports, proposals, and recommendations.
• Experience in mergers and acquisitions and investor relations.
• Must have an understanding of the International Financial Reporting Standards specifically IFRS 17.
PREFERRED QUALIFICATIONS:
• A Chartered Accountant (ACCA OR ACA), from a recognized Professional Accounting Qualifications Body with 5 years or more in a similar role.
Candidates with the above accounting qualification with an MBA will have an advantage.
Send CVs to: redlinerecruitmentcvs@gmail.com
To apply for this job email your details to michelle@redlinerecruitment.co.za