CFO & Audit Partner at JALI Partners Ltd

CFO & Audit Partner at Jali Group Ltd.

Company: Jali Group Ltd.

Position: CFO & Audit Partner

Job Type: Full-Time

Direct Supervisor: Chief Executive Officer (CEO)

Location: Remera (Sonatubes), Gasabo.

About Jali Group

Jali Group is a holding firm consisting of three subsidiary companies that offer a range of financerelated services in Rwanda. The three subsidiaries are Jali Partners, Jali Finance, and AWO Partners. All the subsidiary companies are accredited and licensed by their respective regulatory institutions. Below is a short description of the services offered by Jali Group Ltd.

Jali Finance.

Jali Finance is our biggest firm and provides finance leasing services. We currently focus on leasing motorcycles and ensuring we create many jobs that will help to bridge the unemployment gap in Rwanda. Jali Finance is also licensed by the National Bank of Rwanda (BNR).

Jali Partners.

Jali Partners is our oldest firm with over 10 years of existence. Under this firm, we offer accounting services, tax advisory, financial consultancy, firm organisation and management services. Our firm is approved by the Rwanda Revenue Authority (RRA) to offer tax advisory services. We offer these services to companies from various industries such as manufacturing companies, gaming companies, NGOs, hospitality, and other industries.

Awo Partners.

Awo Partners is a subsidiary company that offers auditing services only. The company consists of experienced public-certified accountants and is also accredited by the Institute of Certified Public Accountants in Rwanda ICPAR).

Qualifications and Requirements.

Educational

• Holding CPA, ACCA, or other IFAC-approved qualifications.
• A master’s degree in business administration, finance, or accounting will be a plus.

Experience and skills.

• 5 years of experience in a financial institution with at least 3 years of experience in auditing

(A proof of this experience with a work certificate is required)

• Strong strategic planning skills.
• Solid experience in financial modelling, forecasting, business planning and budgeting.
• Experience with financial risk management and compliance.
• Excellent communication and interpersonal skills, with the ability to work collaboratively with a wide range of stakeholders.
• Proficiency in finance and accounting software.
• Proficiency in audit tools/software
• Proficiency in planning tools/software

Role and responsibilities:

Planning and Forecasting:

• Develop and maintain comprehensive financial models to forecast financial performance accurately.
• Update financial models monthly to reflect changes in market conditions, business strategy, and other relevant factors.
• Ensure the business plan is regularly updated to align with the institution's strategic objectives and market dynamics.
• Lead the annual budgeting process, providing monthly updates and conducting various analyses to compare actual financial performance against budgeted targets.
• Develop and maintain cash flow forecasts to manage liquidity effectively and support strategic decision-making.
• Ensure compliance with relevant laws, regulations, and internal policies, including policies related to risk management and data security.

Accounting:

• Review and approve monthly accounting reports by overseeing the preparation of monthly accounting reports, reviewing for accuracy and compliance with accounting standards.
• Guiding management and accounting teams in aligning forecasts with actuals and optimizing financial processes using tools, software, and spreadsheets.
• Provide accounting approval for transactions and financial reports, ensuring the accuracy and integrity of financial information.

Auditing:

• Develop audit plans and strategies based on client requirements, risk assessment and audit standards.
• Ensure compliance with auditing standards and firm policies.
• Set and oversee the implementation of quality control procedures to maintain the firm's standards of excellence in audit services.
• Empowering the audit team to Lead audit fieldwork, including reviewing work papers, testing controls, and substantiating financial statements.
• Identify opportunities to enhance audit methodologies, tools, and processes.
• Train and elevate the audit team.

Analytics:

• Generate monthly MIS reports in both Excel and PDF formats, providing insights into key financial and operational metrics.
• Offer guidance on analyzing and interpreting monetary and non-monetary information from systems like accounting systems, Loan management software, analytics software, and spreadsheets.
• Utilize recognized formulas, ratios, and graphs to provide actionable insights for decision making.
• Conduct ad hoc analysis and provide advice to management on critical decisions such as new income streams, asset purchases, and significant expenses.

Investor Relations:

• Serve as the primary point of contact for current investors, prospective investors, and transaction advisors, maintaining strong relationships and facilitating communication.
• Coordinate the preparation of all necessary documents, including borrowing base, utilization plans, investor presentations, and other materials, leveraging expertise with no additional fee.
• Collaborate with the Chief Executive Officer to execute the institution's investor engagement strategy, driving efforts to attract new investors and expand the investor base.
• Conducting effective resource mobilization activities.

Brief “Must-do” monthly.

• Creating and updating business plans and financial models.
• Maintaining constant and effective communication with investors.
• Policies development, implementation, and regulatory compliance.
• Reviewing and approving accounting reports.
• Some expenses approval.
• Leading audit team.

How to Apply.

Application Files.

• Resume/CV.
• Academic Docs.
• Cover Letter. (This must include the expected salary/remuneration structure)

Send all the application files as one document via email: careers@jaligroup.rw

Deadline: May 18, 2024