Company Profile

The Volta Lake Transport Company (VLTC), whose mission is to promote viable, safe and efficient lake transport services to link the northern and the southern sectors of Ghana for the socio-economic development of the country and to facilitate both internal trade and sub-regional trade with landlocked neighbouring countries
 

Job Description

JOB FUNCTION
Responsible for the management of the general financial and accounting functions in the VLTC

JOB DESCRIPTION

• Manage Project budget and resource allocation
• Track project timelines and deliverabfes using appropriate tools
• Monitor and report on progress of alt projects to stakeholders.
• Provide administrative and logistics support to the PIU team
• Provide accounting services by maintaining the project accounts and financial reports to stakeholders
• Procurement of service providers and recruitment of short/medium term personnel for the PIU.
• Provide polkaest procedures and controls for the management of the VLTC's financial resources.
• Provide policy recommendations on capital borrowings, investment and cash flow planning required by the MD and Board.
• Provide financial input to the VLTC's strategic plan.
• Prepare the VLTC's corporate budget (both recurrent and capital) and co-ordinate the preparation of the departmental budgets
• Administer budgetary and cash flow control throughout the VLTC through management reporting.
• Co-ordinate the implementation of cost reduction scheme throughout the VLTC.
• Evaluate financial proposals from Lending/credit agencies and making appropriate recommendations to the MD and Board
• Provide periodic management report on the financial position of the VLTC to the Executive and the Board.
• Maintains VLTC's fixed assets accounts, ensure the preparation and review of the business plan to ensure it remains on track.
• Supervise and control all cash transactions, wages and salaries administration.
• Ensure effective budget control and adequate insurance coverage for risks involved in VLTC's operations

Required Skills or Experience

• A University degree or professional qualification in relevant field
• Sound knowledge of financial management and according principles and practices.
• Demonstrated ability in preparation, implementation and monitoring of business and corporate plans and capital/recurrent budgets Experience in economic and financial analysis and forecasting, including financial and economic appraisal of projects
•  In-depth understanding of internal control systems and tools and experience applying them to plan, manage and report
• Have a minimum of ten (10) years relevant post qualification experience

In Addition, the Candidate must

• Have demonstrated ability to provide leadership and guidance to staff
• Be a team player, a good negotiator, with demonstrated ability to motivate staff and encourage participation in decision-making process.
• Have a strong analytical, supervisory, interpersonal and communication skills.
• Be energetic, proactive, dedicated, performance-driven and capable of working under stress