Africa Climate Careers Network's Climate Job Board

Discover emerging career opportunities in the climate and clean energy sectors

Chief Financial Officer (CFO)

Victory Farms

Victory Farms

Accounting & Finance, Operations · Full-time
Kenya
Posted 6+ months ago

Victory Farms is looking for a dynamic CFO to run its financial department, optimize its financial processes and analysis, and support thought-process and execution of growth plan

Reports To: Chief Executive Officer (CEO) Position Summary :

The Chief Financial Officer (CFO) is a key leadership role in Victory Farms with responsibility for managing all aspects of the finance function, with a specific focus on financial controls and robust reporting. The new CFO will undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecast preparation, as well as development of internal control policies and procedures.

Responsibilities:

  • Ensure Victory Farms has relevant and robust accounting, tax, legal, IT/systems monitoring and financial processes and policies that comply with local laws and ensure strong business performance. Monitor change in legislation and adapt processes and policies accordingly
  • Oversee relationships with regulatory, fiscal, finance bodies as well as with auditors
  • Ensure financial data, analyses and reporting (monthly management accounts, annual financialstatements, budget, business plans, reforecast) are prepared accurately, in a timely manner
  • Ensure all departments have the right amount of analytical and financial data to take informed andsustainable strategic decisions
  • Develop a fulsome annual operating plan with implemented KPIs which track monthly performanceand measure key, value driving, aspects of the business
  • Ensure Victory Farms has adequate ERP and financial systems, and lead any necessary upgrade ormigration
  • Continuously work on improving business & financial performance:
    • Review revenues’ stream and pricing strategy, suggest potential improvement
    • Suggest potential cost cutting opportunities; review and negotiate material contracts with relevant department heads
  • Ensure Victory Farms is adequately funded at all time by closely managing and forecasting cash flowsand supporting CEO raise necessary funding (equity, debt) to finance the business plan
  • Identify risk and implement relevant risk mitigation plans across the organization, in collaborationwith executive team
  • Develops ongoing training and communications program to ensure business ownership of internalcontrols monitoring
  • Support thought process and execution of Victory Farms growth plan
    • Support M&A analysis, execution and post-merger integration
    • Review and suggest best legal and tax organization for the company: localization of HoldCo, intercompany transfer pricing agreements
  • Hire, manage and coach accounting & financial team members
  • Support CEO manage Investor & Board Relations: lead Audit subcommittee, prepare Board packs andminutes
  • Support CEO manage other key stakeholders’ relationships (banks, debt investors, JV partners, ...)

Qualifications and Experience Criteria:

  • The candidate should be a qualified Chartered Accountant (ACCA, ACA, and CIMA) with a university degree in Accounting and /or Finance. A postgraduate qualification such as an MBA shall be an added advantage.
  • The candidate should have a minimum of 15 years of experience in finance including experience in leading the function, as well as accounting and administration and overall financial risk management in the private/international sector (ideally within a fast-growing, multi-geography entity)
  • Preferably experience in a Big 4 audit firm; strong financial and accounting background, including an understanding of key financial statements and budgeting
  • Experience reviewing legal, tax and financial organization to ensure business efficiency
  • Experience working with institutional governance (PE / VC)
  • Experience securing external funding

Key skills / mindset

  • Strategic thinker who can effectively combine finance acumen with robust business understanding to solve complex problems, including those beyond finance-related activities to guide the Group towards meeting strategic imperatives
  • Data-driven individual, rigorous, attention to detail, cost-conscious
  • Relentless focus on execution excellence, with demonstrated ability to manage multiple complexworkstreams simultaneously and ensure consistent high-quality output, strong influencing skills to leadchange management and drive towards desired outcomes
  • Caring people leader that fosters an environment of responsibility and accountability, delegate effectivelyto build internal capability while achieving right-level of involvement on day-to-day decisions
  • Highly responsive to the needs of all stakeholders, both internal and external, including investors, Boardof Directors, and group senior management
  • Exceptional communication skills and ability to collaborate with all levels of the organization
  • Act as thought partner to the Group CEO and country managers to guide them to achieve overall businessstrategy Entrepreneurial mindset, with strong interest in commercial and business performance
  • Exceptional management / leadership skills
  • High ethics standards

About Victory Farms

Victory Farms is building the most sustainable and scalable protein business in Africa through an innovative aquaculture business platform. This vertically integrated protein platform owns and operates the inputs to fish production: feed, genetics and hatchery. The platform owns and operates farming sites, where tilapia is produced efficiently in the pristine waters of Lake Victoria (Kenya) and Lake Kivu (Rwanda). Victory then processes its fish and operates cold chain to move fresh and processed fish throughout Kenya and Rwanda. And lastly, Victory operates 80 retail locations in Kenya and 5 retail locations in Rwanda, where the fish are sold to tens of thousands of market ladies, who serve the mass market consumer.

Victory Farms aspires to be the world’s first truly regenerative aquaculture business. The Company uses two simple metrics to track its achievement toward this goal: carbon negative and biodiversity positive. The first major step to achieve carbon negative operations, the company has built the world’s first 100% geothermal feed mill. More programs are underway. To achieve biodiversity positive on land and water, the Company has a number of land-based and water-based restoration projects, which can demonstrate progress toward improved biodiversity on all the company’s earth footprints.

Victory Farms is an equal opportunity employer.