The mission of the Belgian Investment Company for Developing Countries (BIO) is to support private sector in developing and/or emerging countries, to enable them to gain access to growth and sustainable development.
BIO invests directly in private sector projects and as such makes a structural contribution to the socio-economic growth of those host countries. Its mandate requires strict criteria in terms of geographical targets, financing tools and, above all, impact on development.
In developing countries, the informal economy is proof of great dynamism; however access to long-term finance and capital, without which companies cannot grow, is limited or impossible for a large chunk of the population. In fact, the banking system is often unsuited to the needs of small entrepreneurs and does not allow the emergence of income-generating activities.
BIO uses a series of financial instruments designed to expand already existing organizations or to help companies to set up in business and which can be adapted according to requirements and the local situation (equity, long- term loans, guarantees or local currency).
Today BIO concentrates its operations directly and indirectly in 52 countries worldwide.
Currently BIO is looking for a Chief Accountant, Finance and Tax.
The Chief Accountant, Finance and Tax is responsible for the support to the organization related to financial, accounting and tax management. This includes amongst others:
continuous management and support of budget and forecast activities (preparing business plans, budget forms for distribution; prepares fund summaries monitoring and support taxation issues)
analyze financial information to prepare financial statements including semi-annual and annual accounts
prepare financial management reports
management of financial transactions related to projects disbursement, including hedging
ensure accurate and timely monthly, semi-annual and year end close
financial audit preparation and coordination of the audit process
He/She overesees the accounting team (3 team members) for the timely production of statutory, accounting and financial reports. You acts as a leader in your department. He/she is responsible for the accounting, financial and tax operations and activities, and gives support to controls and fiscal controls for the organization.
Moreover, he/she is in charge of the external relations relevant for BIO's financial management: DGD, the Cabinet, the external auditors, the National Accounting Office, the Inspector of Finance…as well as for the financial reporting to DGD, OECD, National Bank etc.
The successful candidate will be part of the Executive Committee and, in this capacity sharing the responsibility of the daily management of the company.
The candidate should demonstrate the following skills:
You should possess a good degree in Accountancy from a reputable university and qualification as a Certified Public Accountant/Chartered Accountant. Higher tertiary education is an advantage.
You should have a minimum of 12 years of experience in a leadership role including a financial management role. A preliminary experience in an investment companies with presence in the emerging markets is a plus. Prior experience of working with government linked organizations is also an asset.
Deep knowledge of economic principles
Strong affinity with the mission of the company
Perfect understanding of auditing practices and principles
Master applicable laws, codes and regulations
Strong analytical skills, very good (oral and written) communication and persuasion skills within the organization
Efficient and rigorous, working within the agreed deadlines
Assertive and dynamic personality, with ability to manage a small team
Pro-active (for suggesting changes and improvements and for the development of tools supporting the analysis and the internal reporting)
Trilingual Dutch, French and English
The client offers a competitive salary with a wide range of benefits