Finance Executive at Adcorp Holdings Limited

Job Description:

• Guide Segment leadership through the provision of sound financial stewardship working within Adcorp’s financial control framework and mitigating identified financial risk.
• Translate the annual Segment strategic plans into financial plans.  Provide executive insight and analysis through commentary on financial performance and assist in taking necessary corrective actions towards achieving financial results.

Minimum Requirements:

Minimum Experience

• 8-10 years post qualification experience in a finance environment.
• Extensive understanding and highly competent in accounting processes/ IFRS.
• At least 3 years’ experience in a senior finance leadership role

Minimum Qualification:

• CA/CIMA Accounting

Responsibilities:

• Collaborate with senior management to formulate short and long-term strategic financial   objectives and operating strategies for the business, in line with the overall business strategy of the business pillar, as well as the overall financial strategy of the Group.
• Advise on the overall business pillar performance against strategic objectives and financial targets.
• Support the commercials and client pricing by taking into consideration the impact on earnings, margins and working capital utilisation.
• Translate business pillar strategy into financial plans and reports.
• Monitoring of business pillar’s financial performance, financial control, financial risk management and compliance.
• Guide the development of strategic financial initiatives to maximize performance.
• Guide the preparation of financial information to the Board of Directors and Audit Committee.
• Oversee the Budgeting & Planning processes and procedures: This includes translating the annual business strategic plans into financial plans, calendars and timelines and developing relevant supporting processes and reports. The role holder is also accountable to ensure effective communication to Group.
• Guide and Oversee analysis at business pillar level: Review the budget variances and forecasts to identify trends, risk areas and provide support for business decisions.
• Work closely with centres of excellence i.e. group tax and procurement.
• Support the development of new business initiatives by evaluating initiatives against suitability, acceptability and feasibility then provide relevant recommendations.
• Evaluate and advise on the financial impact and requirements of long range planning, introduction of new products/business and regulatory environment to support the realisation of the business strategy.
• Oversee the implementation of finance strategies, policies and practices within the business pillar as directed by Adcorp Group Finance.
• Support the planning and management of internal and external audit activities.
• Ensure that sound financial controls and practices are in place within the BU to ensure the BU delivers on its stated financial objectives.
• Work closely with the Group CFO to drive the Group finance vision and strategy.
• Guide the preparation of financial information to the Board of Directors and Audit Committee.
• Build and maintain relationships with clients and other stakeholders.
• Build and maintain effective business relationships with Group Business Services, embedded finance and Group Finance in order to manage service delivery in line with business needs.
• Engage with key stakeholders to identify changing clients’ needs and provide relevant advice and direction to align with client needs.
• Contribute to sustaining a competitive advantage through external networking and benchmarking and representation on related forums.
• Establish and comply with finance governance principles and structures within the business pillar in line with finance best practice (Group policy, IFRS etc.).
• Ensure compliance with Group financial policies and frameworks.
• Manage and minimize financial risk exposure by developing and maintaining systems of internal controls, liaising with Risk Management functions as appropriate.
• Provide direction for continuous improvement efforts by managing the identification of opportunities, cost reduction, improvements and systems enhancements.
• Determine finance competence and capability and develop optimisation programmes.
• Oversee talent management for direct reports in terms of recruitment, retention and development at segment level.
• Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.
• Effectively manage performance within the team in order to ensure business objectives are achieved.

Additional Requirements:

• NA

Roles and Responsibilities:

• Work closely with the Group CFO to drive the Group finance vision and strategy.
• Translate Segment strategy into financial plans and reports.
• Monitoring of Segment financial performance, financial control, financial risk management and compliance. 
• Guide the development of strategic financial initiatives to maximize performance.
• Guide the preparation of financial information to the Board of Directors and Audit Committee.
• Oversee the Budgeting & Planning processes and procedures: This includes translating the annual business strategic plans into financial plans, calendars and timelines and developing relevant supporting processes and reports. The role holder is also accountable to ensure effective communication to Group.
• Ensure compliance with Group financial policies and frameworks.
• Instill sound financial discipline within the Segment.
• Quality Assure Segment financial data, reports and analysis as input to Segment leadership discussions.
• Guide and Oversee analysis at segment level: Review the budget variances and forecasts to identify trends, risk areas and provide support for business decisions.
• Accountable for delivery of segment financial information.
• Collaborate with senior management to formulate short and long-term strategic financial objectives and operating strategies for the business, in line with the overall business strategy of the segment, as well as the overall financial strategy of the Group.
• Advice on the overall segment performance against strategic objectives and financial targets.
• Work closely with centres of excellence i.e. group tax and procurement.
• Support the commercials and client pricing by taking into consideration the impact on earnings, margins and working capital utilisation.
• Support the development of new business initiatives by evaluating initiatives against suitability, acceptability and feasibility then provide relevant recommendations.
• Evaluate and advise on the financial impact and requirements of long range planning, introduction of new products/business and regulatory environment to support the realisation of the business strategy.
• Oversee the implementation of finance strategies, policies and practices within the segment as directed by Adcorp Group Finance.
• Build and maintain effective business relationships with Group Business Services, other segments and Group Finance in order to manage service delivery in line with business expectations and requirements.
• Establish and comply with finance governance principles and structures within the BU in line with finance best practice (Group policy, IFRS etc.).
• Manage and minimize the BU’s financial risk exposure by developing and maintaining systems of internal controls, liaising with Risk Management functions as appropriate.
• Support the planning and management of internal and external audit activities.
• Provide direction for continuous improvement efforts by managing the identification of opportunities, cost reduction, improvements and systems enhancements.
• Ensure that sound financial controls and practices are in place within the BU to ensure the BU  delivers on its stated financial objectives.
• Build and maintain relationships with clients and stakeholders.
• Contribute to sustaining a competitive advantage through external networking and benchmarking and representation on related forums.
• Engage with key internal and external stakeholders to identify changing client needs and make recommendations to align service offering with client needs.
• Determine finance competence and capability and develop optimisation programmes.
• Coach Segment finance on sound finance principles and practices.
• Oversee talent management for direct reports in terms of recruitment, retention and development at segment level.
• Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.
• Ensure that all staff are motivated, developed, and appraised so that individual and collective performance meets the needs of the customers (segment level).
• Effectively manage performance within the team in order to ensure business objectives are achieved.
• Work collaboratively with other departments to implement finance policies and procedures. 
• Work with Function Leads to ensure compliance to all policies and procedures.
• Work closely with the Group Tax team to ensure compliance with legislation.
• Work with Group Business Services to ensure production of accurate and timely information related to the Segment. 
• Work collaboratively within the segment and provide support to the Segment leadership team.
• Work collaboratively with other finance teams across the business and with Group Business Services to ensure that the GBS SLA’s are met.

End Date: November 14, 2025