Full Time
One Eleuthera Foundation
Rock Sound, Eleuthera, The Bahamas
The Chief Financial Officer (CFO) is head of the Finance Department and is responsible for all financial and fiscal management aspects of the operations of the One Eleuthera Foundation and the Centre for Training and Innovation. Both entities are companies limited by guarantee and are registered as not-for-profit businesses in The Commonwealth of The Bahamas and its founding partner, One Eleuthera Foundation (and partners with whom there are agreements for the provision of financial and fiscal management services (clients)). The CFO provides the leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company and clients. The position is also responsible for leading the implementation of all controls and polices and allocation of duties, to strengthen the overall governance and control environment of the companies. The position reports to the President and Chief Executive Officer and is expected to make regular presentations to the Board of Directors and to donor focused events. The position supervises a minimum of 3 persons.
Responsibilities:
Develop and implement finance, accounting and billing procedures and establish and maintain appropriate internal control safeguards – Internal audits;
Ensure records systems are maintained in accordance with International Financial Reporting Standards;
Ensure compliance with national and public body budgetary reporting requirements;
Keep abreast of key legislative and regulatory requirements and developments and advise the organization accordingly;
Oversee the approval and processing of revenue, expenditure and position control documents, department budgets, salary updates, ledger and account maintenance and data entry;
Coordinate the preparation of monthly financial statements, other financial reports, special analyses and information reports;
Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, forecasting, budgeting and recommendations;
Analyze cash flow, cost controls and expenses to guide management; analyze financial statements to pinpoint potential weak areas;
Assist in obtaining the necessary licenses, certificates of national insurance and taxes required to operate the businesses;
Plan activities and allocate responsibilities to achieve the most efficient operating model;
Monitor the purchase and other requisitions of each department, the accounts receivable (collection from debtors) and the accounts payable (payable to the vendors / suppliers );
Assist with the development and direct the implementation of strategic business and/or operational plans, projects, programs and systems;
Preparation and presentation of quarterly financial statements to The Board of Directors; and preparation and presentation of the Treasurer’s Report to The Annual General Meeting;
Coordination of Annual External Audit;
Other duties relevant to the role and level of
Job related competencies/skills:
Practical experience and working knowledge of computer applications; M S Office, Word, Access, Excel, ACL, Adobe, PowerPoint, Quick Books, and payroll package Smart Pay
Experience in strategic planning and Ability to analyze financial data and prepare financial reports, statements and projections.
Work requires professional written and verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects. Ability to participate in and facilitate group
Qualifications:
Professional Accounting qualification for membership in BICA or MBA in Accounting or Finance
10+ years in progressively responsible financial or accounting leadership
Salary and benefits commensurate with experience and qualifications. Please submit your résumé to: resumes@oneeleuthera.org . While we appreciate all candidates, who take the time to reply, only those shortlisted will be contacted.
Oct 15, 2019
