Position Title : Finance Manager
Location: Sanaa, Yemen ,Travel will be required to Cairo occasionally
Reporting Relationships: National Mobile Wallet CFO
Main Focus and Challenges
This role is to be part of the financial program of work for the NationalMobile Money programme. The programme is an opportunity to accelerate a major new commercial electronic financial services project whilst delivering societal benefit through financial inclusion in Yemen. Reporting to CFO, the position will be responsible for managing and help lead and direct a finance team across the full spectrum of specialist functions. The team will drive this effort along with the overall progression of NMWC. He/she will create a streamlined and lean, best in class commercial finance operation to fully support the CFO and deliver robust governance, compliance and reporting. The Finance Manager will ensure that the company’s financial targets are met as efficiently and effectively as possible and to contribute to the development of the company’s strategic objectives.
Direct and control the staff of the Finance team to ensure that they are appropriately motivated and trained and carry out their responsibilities to the required standards.
Contribute to the development of the company’s corporate strategy and develop and implement the financial strategies to ensure the attainmentand delivery of plans and objectives.
Provide information and advice on financial management, financial control and procedures, to the Board, directors and staff to ensure that the company’s mission and financial objectives are met.
Prepare and implement an annual budget and regular updates to ensure the sound management of the company’s finances and to ensure that financial objectives are met.
Develop and maintain all necessary financial systems and procedures to ensure the effective and efficient attainment of corporate objectives.
Develop, control and implement the internal audit to ensure that company operations are carried out efficiently and with probity that agreed recommendations are implemented.
Maintain a close working relationship with the external auditors to ensure compliance and cooperation with their requirements and to provide an effective audit trail.
Develop and maintain appropriate arrangements for effective cash management, making payments, collecting receipts, securing banking arrangements, monitoring income and ensuring optimum value to the
Ensure timely and accurate production of:
monthly management reports
monthly statutory accounts
monthly balance sheet schedules, including (amongst other things):
Cash balances Revenues & Financial Performance
Commissions paid and received
Aged analysis of deposits
Provision for Expenses, etc.
Daily MFS and bank reconciliations
Oversee the channels liquidity processes to ensure that all partners
transactions are processed in line with the agreed SLA.
Oversee and manage the NWC finance team to execute key responsibilities
Ensuring that the cash held within the NWC bank account is accurately reflected within the NWC system
transferring and allocation of agent float and performing agent Electronic Funds Transfer (EFTs), float reconciliation
Payout of commissions and Processing internal business and partner biller payments
Oversee the preparation of the company’s financial accounts to ensure that these are presented accurately and on time.
Develop and direct financial plans in supporting the strategic business plan, company growth and market opportunities.
Develop and maintain all necessary systems, policies and procedures to ensure effective and efficient financial management within the company.
Recommend and implement arrangements for costing and appraising all proposals with resource implications, including those relating to the use of external contractors and consultants, and recommend appropriate qualitative and quantitative performance measures.
Devise and implement appropriate financial and administrative procedures
for the company and ensure that these operate effectively and are communicated to all staff.
Carry out all necessary actions to ensure that the company meets its financial and legal obligations.
The successful candidate will ideally come from a best in class company,Telecom, NGO or multinational background with extensive experience in Finance. They will be a highly capable member to a senior team, used to operating as a finance manager or equivalent with regional responsibility.
He/she will be a natural change agent who brings prior restructure and build experience, who is used to fixing and creating from scratch. The successful candidate will be driven by making a difference and therefore have the passion to drive growth. Demonstrating significant intellect and capability to operate in a very complex business operation, with multiple stakeholders, he/she will demonstrate strong attention to detail, exceptional integrity, and a hands-on, lean approach. If you are CREATIVE and PASSIONATE, you
are the right candidate.
Qualifications & Experience
Bachelor’s degree in finance, accountancy, or related field.
Minimum of 8+ years of experience in finance, budget, audit working with a best-in-class company, NGO or Telecom company preferred; multinational companies are a plus.
Proven experience working in complex environment, with a strong understanding of consumer behavior and social requirements across the country.
Senior-level managerial experience.
Excellent interpersonal skills & the ability to communicate effectively at a professional level.
Demonstrates experience in building from scratch, complex Financial strategies.
Strategic thinking skills.
Membership in a professional body of accountants (e.g., Instituteof Chartered Accountants, Institute of Certified PublicAccountants Institute of Chartered Public Accountants.
To Apply Please send your C.V to the following Email: