VACANCY NOTICES: Rural Electrification Fund looking for a Finance director

By Staff writer | 25 Oct 2018 at 13:49hrs
REA
Rural Electrification Fund (REF) is a Parastatal established in terms of an Act of Parliament. Its primary goal is to spearhead the Government's drive to provide energy to the rural communities of Zimbabwe. In order that this over-arching goal is achieved, the Fund is in search of suitable and able business leaders endowed with sharp business acumen underpinned with good financial literacy and strong management skills.

1. Finance Director

The Finance Director will report to the REF Chief Executive Officer and will perform the following duties:

• Formulate financing strategies to achieve the Fund's objectives
• Initiate and update the department's Business Plans in line with REF's corporate strategy and objectives •
Participate in the general formulation of the Fund's policies and objectives
• Formulate and recommend optimum funding structure for REF
• Ensure effectiveness of the Fund's financial control system
• Advise the Chief Executive Officer and REF Board Committees on financial issues
• Scan and identify funding opportunities in the domestic and international financial markets and lead the Fund's fund-raising efforts
• Initiate and review general investment policy and guidelines
• Draft budgets guidelines for the Fund and ensure timeous submission of budgets
• Monitor utilization of information technology systems employed in the Fund to ensure effectiveness

Qualifications and Experience

• Relevant Degree in Accounting/ Business Studies or Equivalent
• MBA or equivalent
• Full professional qualification such as CA, CIMA, ACCA or CIS
• Ten (10) years relevant post graduate experience, five (5) of which shall be at senior management level.
• Membership of a relevant professional institute
• Systems Application Programmes (SAP) proficiency is an added advantage
• High analytical skills
• High level of computer literacy
• Good communication skills
• Teamwork skills

2 Projects Director

The Projects Director will report to the REF Chief Executive Officer and will perform the following duties:

• Plan and provide effective leadership for the projects function to ensure effective and equitable implementation of the Expanded Rural Electrification Programme
• Implement and review policies and business plans for the projects function of the Fund
• Draft budget proposals for projects department
• Develop strategies, methodology and operational procedures for effective and optimal projects implementation
• Develop systems and procedures for material requirements planning
• Monitor resource utilization by subordinate managers and staff to ensure optimal utilization of materials, plant and machinery
• Forge strategic alliances with stakeholders in line with REF mandate
• Contribute in the preparation of REF Board and Annual Reports
• Submit reports to the Chief Executive Officer as and when necessary
• Supervise and appraise subordinate staff in the Projects Department

Qualifications and Experience

• BSc Electrical Engineering Degree
• MBA/ MBL or equivalent
• Projects planning and management is an added advantage
• Ten (10) years relevant post graduate experience, five (5) of which shall be at senior management level
• Membership of a relevant professional institute
• High analytical skills
• High level of computer literacy
• Systems Application Programmes (SAP) proficiency is an added advantage
• Good communication skills
• Teamwork skills
• Clean Class 4 Driver's license
An application letter accompanied by a detailed Curriculum Vitae and certified academic and professional certificates should be submitted to the following:

Chief Executive Officer Rural Electrification Fund 6th Floor,
Megawatt House
44 Samora Machel Avenue
P. Bag 250A,
Causeway
Harare

Or Email: reahr@rea.co.zw
 
The closing date for receipt of applications for these posts will be 6 November 2018.

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