Overview of the Role
The AIMS Network Chief Financial Officer (CFO) reports to and supports the Network President in ensuring the efficient execution of the mandate of AIMS. The incumbent provides leadership and oversight over all the financial affairs of AIMS, including budget and planning, accounting and financial reporting, and the mobilization of financial resources to support the growth of AIMS. As a key member of the AIMS senior leadership team, the CFO is a key driver of change at AIMs, particularly relating to the adoption of newer technologies to enhance transparency, data security, the effectiveness of internal controls and overall efficiency.
Key Functions
Under the overall supervision of the Network President, the CFO will contribute to the goals, success, and growth of AIMS by performing the following roles:
Financial Leadership and Oversight
- Reporting directly to the Network President and International Governing Board (IGB), this position leads the financial Network of AIMS and actively supports the pursuit of the Strategic Objectives of AIMS in a manner that is sustainable and efficient.
- Report regularly to the Audit and Finance Committee (AFC) of the IGB on financial strategy and sustainability planning while helping to integrate financial insights into decision-making
- Develop, implement, and oversee a uniform framework for financial accounting and reporting across the network to ensure consistency, transparency, and compliance with international and local standards
- Collaborate with stakeholders to align financial strategies with institutional goals and drive innovative funding models to support growth
- Lead, develop, and maintain regular financial analytics, developing dashboards, reports, and other trend analysis for AIMS management and the Board.
- Perform financial feasibility studies and due diligence to inform major decision-making at network and center level.
- Establish an Enterprise Risk Management System at the organization level to ensure risks are identified, and assessed and relevant risk responses have been designed and implemented.
- Monitor budgets and expenditures to identify potential funding shortfalls and overspending, with timely communication of findings with the concerned management, Network President, AFC, and IGB, and make recommendations on corrective actions.