Design and implement financial strategies and policies for Zimbabwe Power Company that ensures that the company remains a going concern. Sits on the ZPC Board of Directors. Participates in policy formulation at Board level. Spearheads strategic financing activities for the company and acts as a key negotiations person for the same.  Leads the company in key cost and pricing decisions. Guides the development of the corporate business plan of the company. Monitors profitability of the company and ensures that agreed profitability targets are achieved. Manages the business planning and financial forecasting cycles for company. Reviews and approves section budgets and overall company budgets and submits the same to the Board for further approval. Monitors budgets performance and variance and initiates corrective action. Develops, implements and maintains enterprise-wide cost management system that will help the company keep operating costs within approved budgets. Ensures accurate financial forecasting and valuations of company projects or new business initiatives with the view to ascertaining accurate funding requirements and maximising shareholder value and return. Manages cash-flow and monitors and reviews the company�s cash-flow position with the view of ensuring the company. Monitors credits and ensures credits is maintain with the defined limits. Ensures all reconciliations are completed and cleared within stipulated times. Develops and maintains adequate and effective financial and cost controls for the company. Ensures the company has accurate and complete books of accounts and properly accounts for all income, and expenses, assets and liabilities. Reviews and authorizes payments for processing. Ensures the timely production of accurate and complete set of financial reports. Designs, implements and maintains internal financial control systems. Develops and maintains a reliable management and cost reporting system for the company to ensure accurate and on time reporting. Ensures cost allocation codes are properly maintained. Develops and maintains systems that facilitate benchmarking of the company�s performance against similar operations in the industry with a view of reducing costs to the lower quarter of the industry cost curve. Develops, implements and maintains adequate internal controls that will ensure correct asset valuations and reporting of inventories and stocks. Ensures that tax computations and returns for the company are timeously produced and honoured. Ensures that all statutory returns are submitted within stipulated time. Liaises with internal and external auditors in completing audits. Reviews and approves draft financial statements in preparation for the financial audit. Clear queries and facilitates the audit process. Ensures that the department is appropriately staffed with persons and skills at the right level. Conducts quarterly performance reviews of subordinates and manages overall performance of the same. Manages staff performance by expediting performance improvement programs/ training where deficiencies are noted. Ensures staff discipline within department. Develops, evaluates and approves new business processes for the company�s operations. Ensures compliance to business processes, policies and procedures as outlined in the company�s quality management systems. Presentation and treatment of financials (in compliance with accounting standards). Application of financial approval framework. Allocation of financial resources and manages cashflow. Approval of reservations and invoices. Treatment and resolution of all finance issues and queries. Schedules report generation and ensures deadlines are observed. Manages staff in department. When to pay creditors. Selects key investment opportunities. Negotiates for strategic financing. Ensures the organisation is tax compliant. Makes pricing decisions. Allocates resources to departments. Responsible for the budget formulation and performance. Authorizes credit to customers. REGUALATED INDUSTRY: The power generation industry is a heavily regulated industry. The incumbent will be expected obtain relevant approval prior to undertaking key activities such as timely resourcing key projects. This may in-turn affect the deliverables of the job. COST OF SPARES: Spares for works on plant are not available locally and will typically have to be purchased from the plan manufacturer thereby negatively affecting competitive sourcing. FUNDING OPERATIONS: The funding model for ZPC is such that most revenue comes through the sale of electricity to ZETDC. This revenue may be insufficient to meet company finance requirements and may come in unreliably. Overall this many affect the resourcing of operations and its ability to meet obligations to suppliers and contractors. COORDINATIVE ROLE: This job coordinates data supply from departments/ functions that do report to this position. This often results in a delay of supply of information that is critical for meeting the KPI�s of this job. Scheduling of work to meet predetermined deadlines.

Job evaluation subgrade: F