CFO

Main Purpose of the Role

The Bank CFO is expected to be a key and pivotal member of the senior management team of the bank who will spearhead the company’s growth and expansion.  This role will take specific responsibility for ensuring that this is done with optimal finance arrangements, both equity and debt funding, as well as with appropriate and sufficient internal controls to manage all and any associated risks in such a dynamic growth stage.  This will also entail, by virtue of the group’s multinational presence, a treasury and foreign exchange exposure element and minimizing tax charges and tax risks across the various jurisdictions.  This role will involve managing a team and key service providers including but not limited to auditors and bankers.

The CFO together with the Bank CEO will ensure that the Group service providers meet their obligations in their respective areas.

Key Deliverables of the CFO of the Investment Bank

  1. Oversee daily processing and maintenance of accounting records for all operational companies undertaken by Pivot.
  2. Review of all daily bank reconciliations.
  3. Review of treasury function to ensure that all the operational companies are sufficiently funded.
  4. Prepare monthly cash-flow forecast used for liquidity and gap analysis.
  5. Oversee all companies, statutory and tax related matters.
  6. Review of month-end inter-company revaluations and interest calculations.
  7. Review of month-end and year-end tax computations.
  8. Review of monthly Exco reports and distribution of the same within prescribed deadlines.
  9. Managing and controlling the month end close process and producing all month end deliverables.
  10. Review of month-end files.
  11. Attendance of Exco meetings.
  12. Review of year-end audit files and active participation in the audit of all operational and Mauritius companies.
  13. Preparation of annual budgets and quarterly forecasts for all operational countries.
  14. Review of best practices from a workflow perspective and “value-add” to the finance services provided to all the operational countries.
  15. Weekly communication with group finance to discuss progress on deliverables.
  16. Management and coaching of all financial staff.
  17. Work with the CEO of the Bank to ensure strategic aims are met.
  18. Work with Bank CEOs to support them in their daily requirements and expansion of their business where required.
  19. Interact with Partners in the absence of the Bank CEO and deputise for Bank CEO.
  20. Have a macro understanding of the Bank’s financial affairs and optimise at all times.

 

November 22, 2013 • Tags:  • Posted in: Financial

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