A Tanzanian industrial chemical company maintaining strategic positioning in the East, Southern and Central African markets are developing a 45 TPD chlor-alkali plant manufacturing facility supplying the mining, water treatment etc industries. The successful candidate will serve as a strategic business partner and head up the financial and operations aspects of this large-scale Chlor-Alkali manufacturing facility based in Tanzania.
Minimum requirements for the role:
- A Bachelor's Degree in Accounting, Finance, Commerce or a related field is required.
- The successful candidate should be a Chartered Accountant (CA) from the Institute of Chartered Accountants of India (ICAI) or SA or a related equivalent premier global accounting certification (CPA/ACCA).
- The company is happy to consider a retired CFO for the role.
- An MBA in Finance from a top-tier institution is highly desirable.
- Previous experience having worked as a CFO or, VP of Finance, or Head of Finance specifically within a heavy chemical manufacturing environment is pref.
- Proven financial management experience with Bipolar Membrane Cell Process Technology plants.
- Direct experience tracking capital expenditure and project financing milestones alongside global engineering, procurement, and construction (EPC) contractors (e.g., Nuberg EPC, Thyssenkrupp Uhde) is a distinct advantage.
- Advanced proficiency in SAP B1 or equivalent ERP systems.
- Expert user of Microsoft Excel, including advanced financial modelling and data analysis.
- Strong experience with Business Intelligence tools such as Power BI, Tableau or SAP Analytics Cloud.
- Experience with budgeting, forecasting and financial planning applications (Hyperion, Anaplan or equivalent).
- Working knowledge of Treasury Management Systems, ERP-integrated manufacturing costing modules and IFRS financial reporting systems.
- Experience leading ERP implementation, finance digitalisation and business process automation initiatives.
- Proficient in Microsoft 365 applications including Excel, PowerPoint, Teams and SharePoint.
- The successful candidate should be a Strategic and commercially astute finance executive with 15+ years of progressive leadership experience, including CFO or equivalent executive-level responsibility.
- Proven track record having worked within an industrial manufacturing, preferably chlor-alkali, heavy chemicals, petrochemicals, or other continuous process industries.
- Demonstrated expertise in corporate finance, capital raising, investment management, treasury, financial planning, and enterprise risk management.
- Strong experience engaging with Boards of Directors, investors, banks, development finance institutions, and other key stakeholders.
- Deep understanding of manufacturing cost accounting, IFRS, financial governance, and ERP-enabled finance operations.
- Proven ability to lead high-performing finance teams, drive business transformation, and support organisational growth in a multicultural environment.
The successful candidate will be responsible for:
- Serving as a strategic business partner and heading up the financial and operations aspects of this large-scale Chlor-Alkali manufacturing facility based in Tanzania.
- Monitoring, modelling and optimising the financial impact of electricity tariffs and Power Purchase Agreements (PPAs) on energy-intensive membrane cell electrolysis operations.
- Developing dynamic variable costing and sensitivity models to balance profitability fluctuations across the electrochemical unit (ECU) outputs, including caustic soda, chlorine and hydrogen.
- Overseeing capital allocation, asset depreciation and financial engineering for ongoing plant maintenance, upgrades and cell-recoating cycles.
- Driving effective cash flow management strategies, accounting for long lead-time supply chains for critical chemical raw materials, such as high-purity salt and chemical additives, as well as specialised engineering spares.
- Directing financial tracking and cost-efficiency optimisation for a 45 TPD chlorine plant using Bipolar Membrane Cell technology, including precise benchmarking of fixed and variable overheads tailored to mid-scale continuous chemical manufacturing.
- Formulating pricing and distribution margin models for a 45 TPD output, focusing on maximising revenue from local water treatment, textile and regional manufacturing customers in East Africa.
- Managing the financial balance of the Electrochemical Unit (ECU) at this capacity, ensuring the optimisation of chlorine storage, safety compliance costs and localised caustic distribution to maintain steady cash flow.
- Cultivating and maintaining strong relationships with domestic and international financial institutions to secure competitive trade finance, working capital facilities and project funding.
- Implementing proactive hedging strategies to protect the business against currency volatility between local East African currencies (TZS), USD and INR.
- Maintaining full accountability for internal financial controls, risk management frameworks and corporate governance standards.
- Overseeing compliance with the Tanzania Revenue Authority (TRA), covering corporate income tax, withholding tax (WHT), value-added tax (VAT) refunds, and customs and excise duties for dangerous goods.
- Directing the timely preparation of monthly, quarterly and annual consolidated financial statements in accordance with International Financial Reporting Standards (IFRS).
- Maintaining an advanced cost-accounting system tailored to continuous-process chemical manufacturing, ensuring detailed transparency into unit production costs.
Salary package, including benefits, is highly negotiable depending on experience gained.
Desired Skills:
- Tanzania
- Heavy Chemical Manufacturing
- CFO
- Chief Finance Officer
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