Chief Financial Officer

Position Overview

Daily Food Ghana Limited is seeking a highly skilled Chief Financial Officer (CFO) to provide strategic financial leadership and operational oversight. The CFO will work as the CEO's key business partner, driving financial discipline, profitability, governance, and growth to elevate the company as a leading African bakery and FMCG manufacturer.

Core Responsibilities

• Lead finance functions including accounting, reporting, procurement, cost control, audit, treasury, risk management, ERP (Sage), and business intelligence.
• Ensure timely, accurate monthly, quarterly and annual financial statements and maintain P&L, balance sheet and cash flow integrity.
• Oversee cash flow management, banking relationships, foreign exchange, supplier payments, collections, debt, and working capital optimization to maintain positive operating cash flow and liquidity visibility.
• Manage cost controls, conduct product and standard costing, analyze manufacturing variances, labor productivity, overheads, utility and distribution costs to improve gross margin and reduce operating expenses.
• Collaborate with production to monitor yield, waste, efficiency, machine utilization, downtime costs, and develop factory financial dashboards.
• Maintain inventory accuracy over 99% through stock reconciliation, cycle counting, batch and expiry management, and control of slow-moving or dead stock.
• Drive ERP digital transformation by implementing automated dashboards, real-time reporting, Power BI solutions, mobile KPIs, AI-based financial tools to replace manual reporting.
• Enforce strong internal controls including approval matrices, procurement policies, fraud prevention measures, compliance, SOPs and internal audits aimed at zero fraud.
• Partner with procurement to control purchase pricing, supplier performance, payment terms, import and customs costs to generate savings programs.
• Work with sales to analyze customer profitability, sales incentives, credit limits, pricing strategy and promotion ROI across markets, developing pricing models by country.
• Manage banking and investor relations, preparing board reports, investor presentations, financial models and due diligence materials.
• Ensure regulatory compliance with Ghana tax authorities covering VAT, corporate tax, PAYE, SSNIT, transfer pricing, and customs, ensuring timely filings.
• Develop company-wide KPIs and monitor daily operational metrics including sales, production, cash, collections, profitability, efficiency, and EBITDA with executive reporting.
• Support strategic growth and expansion plans across West Africa including new factories, warehouses, subsidiaries, acquisitions, and fundraising efforts.
• Lead and develop finance, cost accounting, treasury, procurement finance, internal audit, business intelligence and ERP teams fostering a high-performance finance culture.

Candidate Profile and Qualifications

• Chartered Accountant qualification (ACCA, CPA, CA, CIMA or equivalent) mandatory; MBA or Master’s in Finance, Accounting, Economics or Business Administration preferred.
• Minimum 15 years progressive finance experience with at least 5 years in a CFO or senior finance leadership role, ideally in multinational FMCG or manufacturing sectors.
• Strong background in manufacturing costing, inventory control, treasury management, taxation and advanced business analytics.
• Proven experience with ERP platforms such as Sage, SAP, Oracle or Microsoft Dynamics including implementation and optimization.
• Experience managing multinational operations, financial reporting for exports and multi-country contexts.
• Comprehensive understanding of IFRS, corporate governance, internal controls, and working with top-tier auditors (PwC, EY, Deloitte, KPMG).
• Demonstrated success in fundraising, banking relations and investor due diligence.

Desired Industry Experience

• Food Manufacturing, Bakery, Biscuits & Confectionery, Dairy, Beverages, CPG, Frozen Foods, Ingredients Manufacturing or FMCG manufacturing backgrounds strongly preferred.
• Experience with high-volume food production lines and companies producing biscuits, cakes, bread, chocolates, dairy, snacks, or beverages is an asset.

Leadership & Competencies

• Strategic thinker with a results-driven and data-informed decision-making approach.
• Strong commercial insight, integrity, ethics, high-pressure resilience and continuous improvement mindset.
• Exceptional leadership, communication, stakeholder management, negotiation, and problem-solving skills.
• Adept at developing and mentoring finance teams to support sustained regional growth and operational excellence.