Head of Corporate Services at Capital Market Authority: (Deadline 1 November 2024)

Head of Corporate Services at Capital Market Authority: (Deadline 1 November 2024)

JOB VACANCY ANNOUNCEMENT

Background

Capital Market Authority (CMA) is a specialised organ established by Law No.057/2021 bis of 18/09/2021 with dual mandate of developing and regulating the capital market industry, commodities exchange and related contracts, warehouse receipts systems and collective investment schemes. It operates under the supervision of the Ministry of Finance and Economic Planning (MINECOFIN).

CMA is an active member of the East African Securities Regulatory Authorities (EASRA, and an associate member of the International Organization of Securities Commissions (IOSCO).

JOB DESCRIPTION

HEAD CORPORATE SERVICES

Job Purpose

Reporting to the Chief Executive Officer, the Head of Corporate Services is responsible for provision of oversight in Human Capital and Administration functions of the Authority, the Finance and Accounting services by ensuring that the Authority’s mandates of ensuring market development and undertaking market regulation is attained. The jobholder undertakes this by ensuring to advise the Management on technical issues affecting this function in order to ensure institutional efficiency and effectiveness of the Authority.

Job Functions

• To provide technical and strategic leadership with respect to the strategy and planning functions of the Authority
• Providing leadership and strategic direction on Human Capital and Administration functions;
• Developing and overseeing the required controls in Finance and Accounting;

Job Specifications

The duties and responsibilities entail:

• Implementing the strategic objectives of Authority as directed by the Management;
• Providing technical advice to the Management, Heads and Department staff on financial operations, performance measurement;
• Providing day-to-day leadership and management to a service organization that mirrors the adopted vision and core values of the CMA;
• Ensuring compliance with the legal and regulatory framework on Public Financial Management (PFM), International Financial Reporting Standards (IFRS) and other relevant standards and applicable directives received from the Government;
• Measuring the effectiveness of all internal and external business processes and procedures, and providing timely, accurate and complete reports on the operating condition of the CMA;
• Overseeing the administration and management of budgets, whilst forecasting additional resources and recommending adjustments as necessary;
• Coordinating the implementation of key organization transformational projects designated to corporate services;
• Assessing and managing the principal risks of the CMA business operations (proposals, projects and staffing);
• Reviewing, developing and executing the Corporate Services business plan in line with the overall strategic objectives of the Authority;
• Overseeing the finance function, ensuring proper management of financial affairs and advising the Authority on financial planning strategies and policies; monitoring the budget; and ensuring that monthly, quarterly and annual financial statements are prepared on time;
• Safeguarding the financial resources of the Authority and those of the Capital Market Investor Compensation Fund (ICF) and ensure optimum returns from investments;
• Assisting in establishing and maintaining an appropriate organizational structure of the Authority to enable the CMA to execute its mandates effectively and efficiently;
• Coordinating internal and external communication (correspondences, emails, phone calls, etc.) within the Department as well as responding to all relevant enquiries addressed to the Department;
• Developing, coaching, motivate and appraising staff performance in the Department;
• Undertaking any other duties as may be assigned from time to time.

Recognized Qualifications

For appointment to this position, a candidate must have:

• Master’s or Bachelor’s Degree in any of the following fields: Finance, Accounting, Business Administration or any other field related to the position;
• At least six (8) years of related working experience; please attach evidence
• At least six (6) years’ experience in managerial position, please attach evidence
• Professional qualifications in Accounting or Finance such as ACCA, CPA or CFA is an added advantage
• If with professional qualifications, membership of professional accounting or finance body in good standing such as the Institute of Certified Public Accountants of Rwanda (iCPAR) or its equivalent;
• Demonstrating leadership skills at senior management level;
• Meet the requirements of the Statute governing the management of CMA staff.

Skills and Abilities

1. Strong written and verbal communication skills, including the ability to prepare and present reports or recommendations to the Board, Management and Staff;
2. Ability to work independently and as part of a team; with strong collaboration, negotiation, and teamwork skills.
3. Strong leadership and engagement capabilities including decision making, team building, training and development.
4. Ability to build and motivate high-performing teams and foster a culture of collaboration and continuous leaning and improvement.
5. Analytical and strategic thinking and problem-solving abilities
6. Highly organized, results driven, self-starter, creative and innovative

Application procedure

Interested and qualified candidates should submit their applications online to the following email: recruitment@cma.rw. Applicants must submit the following documents in PDF format:

1. An application letter addressed to the Chief Executive Officer
2. A detailed Curriculum Vitae
3. Copy of academic degree(s) and Certificates
4. Proof of previous relevant working experience
5. Copy of National Identity and/ or passport

The deadline for submission of applications is 1^st November 2024.

For more details, please refer to CMA website https://www.cma.rw/ under careers.

Capital Market Authority