Chief Financial Officer

  • Address : Kigali, Rwanda
  • Position Type : Full Time
  • Deadline : 27-July-2016
  • Vacancies : 1
  • Required degree : Bachelor
  • Required Years of Experience : 5

About Rwanda Energy Group

The Rwanda Energy Group Limited was incorporated to expand, maintain and operate the energy infrastructure in the Country through its two subsidiaries the Energy Utility Corporation Limited (EUCL) and the Energy Development Corporation Limited (EDCL). The objective of creating these subsidiaries amongst others was to ensure focused attention to enhancing efficiency in utility operations on one hand and ensure more timely and cost efficient implementation of development projects on the other. Moreover the REG holding structure provides the overall coordination and ensures effective development of energy and investment plans.

Description, duties, responsibilities

As a key member of the Executive Management team, the Chief Financial Officer will report to the Chief Executive Officer (CEO) and assume a strategic role in the overall management of the company. The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, forecasting, strategic planning, legal, property management, deal analysis and negotiations, investor relationships and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal accountabilities of this job are:

• Assist in formulating the company's future direction and supporting tactical initiatives

• Monitor and direct the implementation of strategic business plans

• Develop financial and tax strategies

• Manage the capital request and budgeting processes

• Develop performance measures that support the company's strategic direction


• Participate in key decisions as a member of the executive management team

• Maintain in-depth relations with all members of the management team

• Manage the accounting, human resources, investor relations, legal, tax, and treasury departments

• Oversee the financial operations of subsidiary companies and foreign operations

• Manage any third parties to which functions have been outsourced

• Oversee the company's transaction processing systems

• Implement operational best practices

• Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package

• Supervise acquisition due diligence and negotiate acquisitions

• Oversee the issuance of financial information

• Personally review and approve all financial statements in regard to existing financial standards

• Report financial results to the board of directors

Requirements and Skills

  • BS in Accounting or Finance, MBA and/or ACCA, CPA or other professional course is highly desirable.

  • 5+ years in progressively responsible financial leadership roles, preferably in energy development.