Chief Financial Officer

  Harakat- Afghanistan Investment Climate Facility (H-AICF)
Master's Degree   Afghanistan, Kabul Full Time 1987
Date Posted:May 5, 2017
Reference:CFO 1-002
Closing Date:May 19, 2017
Work Type:Full Time
Number of Vacancies:1
Functional Area:Account/Finance
Salary Range:Salary is negotiable
Years of Experience:15 Years
Contract Duration:Not specified
Extension Possibility:No
Contract Type:Permanent
Probation Period:Unspecified
Required Languages:90

About Harakat- Afghanistan Investment Climate Facility (H-AICF):


Harakat is an independent, not-for-profit, Afghan-managed organisation that aims to improve Afghanistan’s business environment. We provide grant funds to the private sector, government and civil society to implement activities to reduce or remove barriers that currently make it difficult to do business in Afghanistan.

Job Summary:

This is a re-advertisement of a previous vacancy for the same position.

The CFO shall be responsible for the overall oversight and financial control of Harakat-AICP’s operational, financial and administrative functions. He/she shall report to the CEO and Board and perform the following primary responsibilities.

Duties & Responsibilities:

Duties and Responsibilities:

Key accountabilities: This new role offers an experienced financial and commercial professional the opportunity to combine oversight of a major area of corporate support to an organization with responsibility for providing expert technical advice to inform high profile government policy. 
The role has a strong leadership and strategic element, requiring quick thinking, good judgment and an ability to work proactively across the organization, with important delivery and relationship management responsibility. 
The key accountabilities are as follows: 

1. Oversight and leadership of procurement strategy – building understanding of the overall financial commitments, implications and risks associated with Harakat’s commercial arrangements and, working closely with the business, finance and technology, ensuring the Management Team is effectively managing its commercial relationships. 

2. Championing commercial capability – knowledge of procurement practice in Harakat and raising awareness of commercial issues and risks, there is scope for this role in shaping and leading this agenda;

3. Financial Management:

Ensure that the financial structure, policies and procedures effectively deliver on the strategic objectives and mandate as defined by the Board.

Maintain financial records in relation to each currency in which AICP operates.

Work with the CEO to develop a budgeting model appropriate to AICP’s operations and funding requirements.

Manage the budget preparation process, including the development of budgets for each programme pillar.

Manage on-going budget revisions to reflect changing operational and financial circumstances.

Monitor, analyze, and evaluate the performance of all financial related activities.

Prepare timely financial reports for all functions of the organization, comparing results against budget and providing an informed commentary.

Work closely with external auditors, internal auditors and any other agents appointed by the Board, donors or other stakeholders.

Link key performance indicators to financial analysis (where relevant).

Determine and monitor Value for Money indicators (where relevant).

Prepare and maintain multi-currency cash flow forecasts.

Monitor cash flow requirements and provide CEO with timely advice on when to draw down funds and perform currency transactions.

Manage amendments to AICP’s financial procedures.

Develop financial control and reporting mechanisms across all programme pillars.

Ensure contracted parties are in compliance with contractual commitments.

Ensure implementing contractors have policies in place with respect to anti-money laundering and terrorist-funding.

5. Board Engagement

Support the CEO to raise funds from international donors and any other parties determined by the Board.

In addition to reporting to the CEO, the CFO shall also have a separate line of communication to the Chairman on matters determined by the Board.

Ensure timely submission of Board documents, including budgets, financial reports, variance analysis, work plans and operational issues.

Job Requirement:

Required Qualifications:

Relevant Degree in Finance, Accounting or Business Administration and hold an internationally recognized accounting qualification (e.g. ACA, CPA, ACCA).
Required Skills, Knowledge and Experience

1. Experience of procurement in a complex organization, a solid understanding of procurement policy and practice, and ability to translate novel, timely or complex business requirements into a procurement strategy
2. Substantive hands-on experience in financial management of international development projects, including third party consulting firms and implementing partners, meeting donor requirements and understanding financial management of development programmes
3. Excellent stakeholder management skills and ability to effectively performance manage external providers of services to the business
4. An understanding or willingness to get to grips with policy-making, and to support a business that is working in a fast paced environment.
5. Have proven financial management skills and be capable of overseeing the various financial management elements of the organization.
6. Possess at least fifteen years of practical work experience, with a proven track record in financial management, budgeting, project management and human resource management.
7. Have proven experience in the management of multi-currency cash flows.
8. Have proven experience in the design and preparation of financial performance reports.
9. Demonstrate experience in the management of contracting procedures for the award of technical assistance contracts.

Job Location:

Afghanistan, Kabul
This job is expired