First Finance PLC (Phnom Penh) seeks a CFO

Kevin Teo

October 30, 2009

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Company Overview: First Finance Plc, a joint venture established between locally incorporated First Home Plc, Singapore‐based Phillip Capital, and Luxembourg‐based Insitor Fund SCA, is the first and only finance company in Cambodia specializing in home financing for low to low‐medium income individuals and households. Acknowledging the various benefits of home financing products for this underserved market, the mission of First Finance is to directly offer home acquisition and home improvement products that meet the needs of lower‐income households, using a micro‐finance perspective to traditional banking products.

Job Overview: Based in Phnom Penh, the CFO is an important part of the management team who reports to the CEO and will take on key responsibilities for this growing, early‐phase business. Beyond managing the financial team, the CFO’s key responsibilities broadly include: financial risk management of the organization, engagement of local/international lenders for fundraising activities, interactions with all investors and regulators, and treasury‐related functions of the business.

Tasks & Responsibilities:

  • Risk management of lending practices
  • Development of financial products and related pricing
  • Engagement of local and international lenders for fundraising activities
  • Reporting to investors, shareholders, and regulators on financial matters
  • Creation of financial packets for board
  • Development of policy and procedures for financial function
  • Responsible for financial budget and annual audit
  • Adherence to regulatory reporting and compliance requirements
  • Responsible for all treasury‐related functions

 

Qualifications:

  • Bachelors degree with Masters preferred in related disciplines: finance/accounting
  • Strong analytical and communication skills
  • Experience dealing with international funders and/or investors beneficial
  • Knowledge of financial and management accounting
  • Experience with regulatory, tax, compliance requirements and risk management
  • Commitment to the social mission of First Finance
  • Willingness to relocate to Phnom Penh w/ competitive, local salary
  • Commitment of 18‐24 months
  • Good command of English (both written and verbal)
  • Previous work experience with investment banking or MFI preferred
  • Experience with financial planning and risk management of financial institutions preferred

 

Interested candidates, please send a cover letter and resume to Micaela Ratini (micaela.ratini@oltredevelopment.com)