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Location:
Dar es Salaam, Tanzania
Job Title:
Director of Operations & Finance
Application Deadline:
2019-11-12
Company Description
A diversified regional holding
company that comprises of a number of companies across East and South
Africa engaging in a broad variety of business activities including, but
not limited, to:
- Marketing and communication services
- Real estate development
- Leisure and hospitality services
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Role Description
Manage
the Group Operations and Finances by directing and coordinating
activities consistent with established goals, objectives and policies.
Plans and directs all aspects of the Group’s operational policies,
objectives and initiatives. Assumes responsibility for the attainment of
short and long-term financial and operational goals and oversees Group
Finances.
Recommended:
Responsibilities
- Work closely with existing GM’s of existing Opcos to best manage their operations and finances
- Ensure that Group financial reporting is complete and accurate
- Manages the annual budget process
- Achieve measurable growth of existing operational businesses
- Manage HR division
- Add value to existing businesses through new product development and creative “out of the box ideas”
- Expand existing businesses through mergers and acquisitions
- Make decisions regarding disposal of non-performing assets and ultimate disposal thereof
- Unlock value of existing assets such as undeveloped land
- Raise finance for existing projects
- Develop business plans for existing and new projects
- Identify new business opportunities in the areas of energy, mining, agriculture and commodity trading
- Liaise closely with Business Development Director on any new ventures
- Development of existing GM’s in terms of leadership skills, business skills, financial skills etc.
- Provides overall leadership and supervision to operational teams, directly managing and coordinating direct reports in each country or division
- Advises the Chairman on strategic business development and key corporate planning issues and makes recommendations on major business decisions
- Prepares a monthly report for the Chairman keeping him abreast of business activities, potential threats, opportunities and recommends action items
- Does quarterly evaluations jointly with the GM’s on their respective Business Units and ensures that any actions taken have been consistent with the Group’s overall business plan and strategy which will lead to improved performance
- Sets annual goals in partnership with Exco. Identifies, manages and grows strategic relationships with affiliate organizations and identifies target organizations for acquisitions and mergers
- Oversees the strategic shaping, influencing and delivery of new and existing physical infrastructures and development within the regions, utilizing mergers to deliver sustainable growth and competitiveness
- Identifies new business opportunities for the Group or divisions within the Group
- Creates in conjunction with the Group Finance Manager, business plans, Group Profiles, annual operation plans and budgets
- Ensures compliance with appropriate legal and accounting norms in conjunction with the Group FM
- Manages and continually enhances performance management platforms
- Displays a tenacious work ethic and a sense of urgency in solving problems
- Utilises excellent verbal and written communication skills in English
- Ensures the smooth operation of the organisation, delivering optimum performance from all its resources to enable the organisation to deliver its agenda most effectively
- Makes a significant contribution at a strategic and operational level to the corporate leadership of the Organisation, being an ambassador of corporate values, a role model to leadership groups and a key partner of the Chairman
- Leads proactively, driving all interventions necessary and incorporating all external influences and periodic reviews to ensure the Organisation is shaped to deliver effectively
- Oversees business planning, budgeting and performance management systems and processes
- Develops and maintains an effective best practice system, structures and procedures to ensure that projects and evaluations are carried out effectively
- Develops systems and infrastructure which enable effective knowledge and relationship management
- Drives in conjunction with the Group Financial Manager, the development, implementation and evaluation of HR solutions that ensures that the organisation operates in a fair, open and equal manner, underpinned by corporate values to deliver overall business goals
- Ensures the continuous improvement across the Organisation to ensure that all aspects of the various operations add value to the achievement of the Organisational aims and objectives
- Creates in conjunction with the Chairman a capital investment plan for the Organisation
- Makes a significant and pro-active contribution together with the Chairman, in corporate policy making and operational management of the Organisation across a broad range of agendas to ensure prompt delivery of client needs
- Leads cultural and organisational development and the resulting change management activity in order to ensure that the Organisation has the capacity and capability to deliver Corporate Strategy
- Defines in consultation with the GM’s an annual cost reduction program and forwards the same to the Chairman, at commencement of each financial year
- As part of Exco, oversees the strategic development and maintenance of relationships with both internal and external partnerships
- Formulates and develops 3 year plans and business strategies for the Group
- Mentors and coaches Business Unit GM’s on ways to improve their leadership and management skills to assist in the review / evaluations of their direct reports
- Conducts bi-annual performance appraisals with the assistance of all GM’s and provides feedback to both the GM’s and Chairman on performance levels and gaps
Read Also:
- A relevant finance degree
- CA/ACCA/CPA/MBA preferred
- Entrepreneurial skills
- Experience in Africa and specifically East Africa
- Growth and expansion of existing business
- Financial management, budgeting and forecasting and treasury management
- Marketing and communications industry
- Business management
- Identification and analysis of investment opportunities
- Mergers and acquisitions
- Wealth management
- Private equity
- Property development
- Analysis of business risks
- Must be prepared to travel
- 5 years’ financial management experience
- 6 years’ general operational management experience
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$5,000 - $6,000 per month (subject to experience)
Preference given to an expat able to relocate to Dar es Salaam or currently living in Dar es Salaam. Relocation and initial housing costs will be covered as well as a limited number of return flights during the year.
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