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.