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Chief Financial Officer (CFO / Microfinance / Credit / Collections)- Lesotho

Maseru, Lesotho
Job Description:
The Chief Financial Officer will exercise oversight and control over the Finance functions of a micro-finance company based in Lesotho.
  • Implement and maintain procedures and policies pertaining to Finance and Administration.
  • Prepare a monthly financial report on the business, assessing all aspects of the Company performance.
  • Develop appropriate pricing models to facilitate proper analysis and oversite.
  • Manage all aspects of tax compliance, liaise with the Lesotho Revenue Authority and the Lesotho Central Bank.
  • Provide management and oversite to all aspects of income tax, withholding tax, VAT, exchange control, offshore payments etc.
  • Compile all required reports, set deadlines and ensure timely submission of same to the Group CFO.
  • Maintain the creditor’s ledgers, perform creditor’s reconciliation from the suppliers statement to the creditor’s ledger for all suppliers and prepare payment.
  • Management of the company’s cash flow and petty cash.
  • Working closely with all aspects of audit, including working with both internal and external auditors.
  • Assist the Country CEO with budget and forecast preparation, monitoring and variance reporting.
  • Assist the Country CEO collating and providing commentary on the monthly reports for the Executive Committee and Technical Advisory Committee.
  • Ensure the assets of the business are sufficiently safeguarded and adhere to the systems of internal control in line with the Group’s policies and procedures.
Requirements: Qualification and Skill
  • Candidates who have a Master’s Degree will be required to have a minimum of 3 years’ post articles relevant working experience.
  • Candidates who have a Bachelor’s Degree will be required to have a minimum of 5 years’ post articles relevant working experience.
  • Banking experience will be highly advantageous.
  • Previous experience within Micro-finance in Lesotho is crucial.
  • Excellent interpersonal and communication skills, both verbal and written with a strong command of the English language.
Contractual information:
  • Travel will be required within Lesotho and perhaps the rest of Africa if needed.
  • Salary dependent on technical skills and experience of the successful candidate.
  • Individual must be situated in Lesotho at present.
Fabio Da Silva Faria
Recruitment Consultant
CA Finance

If you wish to apply for the position please send your CV to Fabio at fdasilvafaria@caglobalint.com

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