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JOB TITLE: Financial Director
LOCATION: Lesotho Flour Mills, Maseru, Lesotho
REPORTS TO: Managing Director
JOB TYPE: Expatriate

GENERAL PURPOSE

  • As a Financial Director, you will be involved in several activities including but not limited to, financial reporting, general ledger management, accounting system administration, statutory secretarial responsibilities, and relationship management.
  • This position will report to the Managing Director and will maintain regular communication with our VP, Finance & Accounting in our corporate office in the US.

KEY TASKS & RESPONSIBILITIES 

  • Production of financial statements (Finpaks) in accordance with local and US GAAP
  • Timely and accurate submission of Finpaks to the company
  • Implementation of company accounting policies and procedures
  • Coordination and execution of annual External Audits and periodic Internal Audits
  • Execution of efficient and accurate closing procedures with appropriate documentary control evidence
  • Communication with headquarters for all financial inquiries
  • Primary liaison with financial institutions
  • Oversee execution of daily transactions
  • Manage exchange rate exposure and communicate perceived risks to location management
  • Primary check signer for all company payments
  • Responsible for the design and maintenance of hardware and network environment
  • Responsible for compliance with the company global IT standards which include disaster recovery and backup routines.
  • Lead software initiatives which improve company reporting
  • Responsible for design and execution of internal control environment to ensure protection of and accounting for all company owned assets
  • Completion of Sarbanes Oxley required documentation to fulfill requirements of Seaboard Corporation
  • Negotiation, implementation, and coordination of company insurance programs in accordance with local needs and company policy
  • Ensure compliance with company policies defined in the Financial Accounting Policies Procedures manual
  • Coordination and compliance with the Asset Requisition policy and procedure
  • Manage all Corporate taxation (income, VAT, sales, etc.) with objective of tax minimization in accordance with local practices and laws
  • Primary liaison with headquarters regarding all tax matters
  • Management oversight of all local financial accounting staff to ensure proper execution of all above objectives
  • Ensure weekly reporting to headquarters is accurate and timely
  • Financial due diligence on all proposed mergers or acquisitions
  • Responsible to the Board of Directors for all statutory secretarial responsibilities, in addition to the preparation of board meeting books and presentations.
  • The responsibilities outlined in this job description are not a comprehensive list; additional tasks may be assigned to the employee from time to time.

EDUCATION & EXPERIENCE

  • 10+ years prior accounting experience required
  • US CPA or CA required
  • Big 4 Audit Experience preferred
  • Experience managing a multifunctional accounting and finance department
  • Experience reporting financials in accordance with US GAAP
  • Experience with Sarbanes Oxley controls
  • Foreign exchange exposure preferred
  • 3+ years’ experience working/living in a third world country
  • Must be fluent in English

WORKING ENVIRONMENT/CONDITIONS

  • Must be in good physical health due to physical remoteness of location and operations.
  • Expatriate must be able to operate outside normal comfort zone at times.
  • Travel will be minimal.