Volta River Authority: Director – Financial & Commercial

Posted on :

21 Aug, 2010

Category :

Finance Jobs in Ghana

The Northern Electricity Distribution Company (NEDCo), a subsidiary of the Volta River Authority, whose mission is to procure electricity and distribute it efficiently, safely and reliably in the northern sector of Ghana in a commercially viable manner.

Job Description

Job Function:
Responsible for Financial Management, Corporate and Business Planning and the provision of technical advice and policy direction in the commercial operations of NEDCo in line with PURC and EC standards

Job Description:

Provide general financial and commercial policy guidelines and procedures to ensure efficient and effective operations of NEDCo
Determine the commercial resource requirements required to meet EC and PURC benchmarks
Ensure that the financial transactions are in accordance with the provisions of the instrument of incorporation and any other legislation governing the operations of NEDCo
Preparation of annual, quarterly and other periodic accounts, balance sheets and cash flow statements for audit and inclusion in the various reports and statements produced by NEDCo
Put in place necessary arrangements to ensure the future availability of funds for NEDCo’s development programme and day-to-day operations
Maintain accurate records of all assets and properties with proper stock control reporting and procedures
Control the administration of long term loans advanced to NEDCo by foreign lending agencies in terms of draw downs and debt servicing
Exercise budgetary control, including the preparation of capital budgets, operating income and expenditure budgets, balance sheet budget and comparisons of actual performance against budget
Maintain adequate records of all the financial transactions of NEDCo
Liaise with Internal Auditor to ensure that an effective system of internal control is force

Remuneration: Highly competitive compensation package


Required Skills or Experience

A university degree in Accounting, Commerce, Marketing or professional qualification in Accounting; PLUS an MBA in Finance or Marketing
Thorough knowledge of computer-based accounting system
High level of financial analysis and risk management skills, professionalism, honesty and integrity
Commercially astute, resourceful and results-oriented individual ready to lead change and transformation of NEDCo into a profitable making entity
Excellent interpersonal, organizational, communication and negotiation skills
Proven skills in strategic planning and execution, and continuously seeking innovative ways of achieving results
Ability to foster good working relationships and networks with social, political, business and donor community leaders for the benefit of NEDCo
Experience in a large commercial entity working at managerial level

How To Apply

Interested applicants with the requisite qualifications and experience may apply, giving detailed Curriculum Vitae, copies of their certificates, together with testimonials from two referees, both of whom must be professionally connected with their work, and a contact telephone number to reach:

The Director
Human Resource
Volta River Authority
P. O. Box M77

Offer valid till 2nd September 2010

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