Chief Financial Officer for Ifakara Health Institute (IHI)



Recruitment of Chief Financial Offi cer for Ifakara Health Institute (IHI)

Our Client Ifakara Health Institute (IHI) is one of Africa’s most eminent health research organizations. With a history of more than 50 years, IHI is an independent, non-profi t organization, registered in

Tanzania and led by Tanzanians. IHI conducts a wide range of health-related research, including biomedical and environmental studies, trials of drugs, vaccines and diagnostics, health-systems research,

and monitoring and evaluation.

The CFO will report to the Chief Executive Director and supervising six (6) accounting managers. They will be responsible for the management for the all fi nance units in the organization and for

providing accurate and reliable fi nance management information for management decision making and oversee all accounting operations and controls within the Institute.




Main duties and responsibilities:

The CFO will be accountable and responsible for, among others

to:

• Development, implementing monitoring and custodianship

of all fi nance and accounting processes, systems and records;

• Monitor consolidated budget (i.e., prepare, review, and

analyze variance reports refl ecting department fi nancial

status), prepare fi nancial forecasts, identify and analyze

fi nancial problems, and recommend solutions;

• Ensure accurate, complete & timely fi nancial and

management reporting, including monthly management

accounts, balance sheet control;

• Lead the preparation and release of fi nancial, accounting,

management and statutory reports

• Financial analysis periodically, evaluating profi tability of

income streams, and potential for cost effi ciencies;

• Ensure accurate and timely administration of all tax

and statutory compliance issues including central bank

prudential returns, VAT and other taxes;

• Management of Payroll and related statutory payments and

returns;

Creating value for your skills

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• Cash fl ow management by ensuring adequate funding,

monitoring credit lines, control of supplier’s payment,

monitoring treasury and expenses against budget, etc;

• Developing appropriate mechanisms to control the Institute’s

exposure and enforcing accounting procedures, respecting

local regulations;

• Effectively leading the accounting unit leaders, managing

their performance and facilitating their training and

development;

• Working with the Deputy Executive Director to optimize

performance of the accounting unit through appropriate

structures and mechanisms;

• Maintaining good relations with stakeholders including

bankers and Partners etc; and

• Ensure fi nalization of accounts and submissions for external

audit

Qualifi cation and experience required:

• Business degree /MBA majoring in Finance or Accounting

with a professional accounting qualifi cation such as CPA,

ACCA, ICMA, CIMA etc;

• 10 years’ experience in fi nancial management and

accounting;

• Director level prior experience in an organization with an

annual turnover of above 30 billion TZS;

• Registered by NBAA at least at the category of associate ship;

• Sound knowledge of fi nancial management and IFRS

accounting procedures;

• Demonstrable leadership ability;

• Ability to work in multicultural environment; and

• Highest level of integrity with a track record;

An attractive and competitive remuneration package in

accordance with the grades and as may be determined by the

Board of Directors will be given to the successful candidate.

If you believe your career objectives match this

challenging role, please send your application by Friday

23 May 2014 at 1400hrs to:

Executive Search

People and Change Advisory,

PricewaterhouseCoopers Limited,

Pemba House, 369 Toure Drive,

P O Box 45, Dar es Salaam, Tanzania.

Email: advisory.recruit@tz.pwc.com

Only shortlisted applicants will be contacted
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