Job Purpose
Reporting to the Chief Executive Officer (CEO), the position will be responsible for leading the achievement of strategic objectives, sustained profitability, and operational excellence, through high-performance financial management, procurement, as well as, administration function, in compliance with legislative requirements, and good governance.

The Job
The incumbent will be responsible for, among others, the following:

Policies and Strategies
Participate in formulating, executing, reviewing, and updating the strategy of the Authority.
Provide direction in the continuous evaluation of short and long-term strategic financial objectives.
Evaluate and advise on the impact of long-term planning, introduction of new strategies, and regulatory action.

Financial Management
Lead in developing, implementing, and maintaining a comprehensive revenue assurance function.
Oversee effective financial management (including levy, fees, and revenue collection) processes of the Authority.
Manage financial forecasting, budget consolidation, and reporting processes.
Provide recommendations for enhancing financial performance and business opportunities.
Ensure compliance with GAAP, IFRS, and applicable local regulatory laws and rules for financial and tax reporting.

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Treasury Management
Monitor all the Authority’s funds including the
National Lotteries
Undertake risk management activities to ensure the availability of funds to continuously grant good causes.
Recommend strategies that improve the efficiency of the Authority cash systems and
negotiate with relevant business authorities for approval of such strategies.

Revenue Accounting
Ensure accounting of revenue, levies, and penalties collected from all licensees in collaboration with Operations function.

Procurement
Oversee the efficiency and effectiveness of the procurement process thus ensuring that
business needs are met through attaining quality goods, services, and works.
Stakeholder Management
Establish and maintain strong relationships with senior executives to identify their finance,
accounting, and funding needs.
Participate in investment/funding decisions in compliance with prevailing policies and procedures.

Monitoring and Reporting
Develop measures to evaluate the performance of the financial undertakings and ensure periodic reporting.

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Academic Qualifications and Experience
The right candidate will possess a Bachelor’s Degree in Accounting, Finance, Business, or a related field.
A Master’s Degree in Accounting/Finance OR Membership of a Professionally recognized qualification such as
CIMA/ACCA/BICA/or equivalent is a requirement. A minimum of eight (8) years experience in a senior management role.

JOB APPLICATION DETAILS

APPLICATION DETAILS
If you believe you are suitable for the role, please send your CV, certified copy of Omang, Certified copy of certificates, and application letter to the following address.
Email address: recruitment@testrite.co.bw
Subject: Chief Financial Officer
Applications Closing Date: 9th December 2023

ONLY SHORTLISTED CANDIDATES WILL BE RESPONDED TO