HEAD:FINANCE – Medicines Control Authority of Zimbabwe (MCAZ)

VACANCY

HEAD – FINANCE, GRADE E2 (FINANCE UNIT)
The Medicines Control Authority of Zimbabwe (MCAZ) is inviting qualified, honest, self-motivated and experienced applicants for the following post:
HEAD – FINANCE -1 Post

1.0 Duties and Responsibilities

Reporting to the Director-General, the incumbent will be responsible for the following, among other duties:
1 Participate in corporate strategy planning and prepare annual work plans for the Finance Unit.
2 Produce accurate and complete annual consolidated financial statements and submission to the Auditor-General.
3 Give direction in the preparation of Financial Statements according to the accounting standards and supervise financial transactions according to policies and procedures.
4 Lead the annual financial budgeting process to produce relevant, accurate and timely financial budgets and financials forecasts.
5 Create strategies to manage financial risk within the Authority and provide regular, sound, accurate and timely financial advice and information to the Authority, Director-General and Management to support decision-making.
6 Determine, monitor and actively manage liquidity requirements to ensure the Authority is financially liquid to meet on-going operational requirements and for investment of surplus funds.
7 Ensure a strong control environment through the development and implementation of accounting policies, financial controls and internal control procedures.
8 Ensure preparation, review, and submission of Management Accounts to the Director-General, Finance Committee, and Percentage Discount Board (a subsidiary of the Authority).
9 Oversee the Authority’s financial planning and financial forecasting cycles to enable the organization to operate optimally at all times. Oversee the financial operations of the subsidiary.
10 Develop the Authority’s investment strategy and monitor the Authority’s investment.
11 Lead and manage financial operations and recommend improvements to increase efficiency.
12 Develop the resource mobilization strategy and ensure the successful implementation of the strategy.
13 Monitor donor funds by ensuring that the funds are used in compliance with Grant Agreements.
14 Ensure compliance of statutory and regulatory obligations in relation to accounting, statutory reporting, tax and other regulations.
15 Direct and supervise the financial team to ensure that they fulfill their obligations.
16 Build an effective and high-performance team through training, coaching and performance management.
17 Prepare Committee reports.

2.0 Requirements

2.1 Bachelor’s degree in Accounting/Finance or equivalent.
2.2 Master’s degree in Business Administration (MBA)/Leadership/Strategic Management or equivalent
2.3 Full membership of a recognized professional institution i.e. CIMA/ACCA/CA/CIS.
2.4 A minimum of five (5) years’ managerial experience at senior level.
2.5 Good interpersonal and communication skills.
2.6 Must be able to develop, evaluate and interpret financial/management accounts.
2.7 Must have a solid finance and tax background.
2.8 Must have sound knowledge of relevant accounting packages and be highly computer literate.