Head of Finance at LEC
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Head of Finance at LEC
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Selibeng.com
June 19, 2026
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Lesotho Electricity Company (LEC)
Vacancy: Head of Finance
The Lesotho Electricity Company (LEC) invites applications from suitably qualified candidates for the position of Head of Finance.
This is a five-year performance-based contract. The successful candidate will be based at the Head Office in Maseru and will report to the Managing Director.
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Training programs
The role is responsible for overseeing the Finance Division, including financial strategy, financial planning, cost control, revenue assurance, and investment strategies to support reliable electricity supply and infrastructure development.
Qualifications
- Professional qualification: CA / ACCA / CIMA / CFA
OR
- Master’s Degree in Business Administration, Accounting, or Finance
Experience And Other Requirements
- Minimum of ten (10) years’ experience in finance
- At least five (5) years in a senior management role with a proven track record of success
- Proficiency in computer applications, particularly SAP
- Strong business acumen
- Performance-driven mindset
- Excellent interpersonal, communication, and leadership skills
- High level of integrity
- Strong negotiation skills
Key Responsibilities
- Develop and implement LEC’s financial strategy aligned with national energy priorities and business objectives
- Provide strategic financial guidance to executive management to support business growth, investment decisions, and cost optimisation
- Oversee implementation of financial systems and ERP platforms
- Identify, analyse, and improve business process efficiencies within LEC
- Lead implementation and annual review of the Finance Department’s strategic plan
- Oversee the development and implementation of finance policies, procedures, and processes
- Strengthen revenue collection systems, including billing, metering, and debt recovery
- Lead budgeting, forecasting, and financial modelling processes
- Monitor power purchase costs and manage financial implications of energy imports and exports
- Evaluate business cases and capital investment proposals to ensure alignment with organisational goals
- Foster a high-performance, accountable, and collaborative culture
- Manage cash flow, working capital, and liquidity to ensure uninterrupted operations
- Develop and maintain internal controls and risk management frameworks
- Ensure compliance with funders’ project approval processes
Key Performance Areas
- Financial strategy and leadership
- Financial systems, policy review, and process improvement
- Financial planning and analysis
- Team leadership and development
- Management of externally funded projects
- Treasury and cash flow management
- Stakeholder management
How to Apply
Interested Candidates Must
- Download and complete the application form from the LEC website: www.lec.co.ls (Navigate to Opportunities → Careers)
- Submit the following via email:
- Completed application form
- CV
- Educational certificates and transcripts
Send applications to: ***email_hidden***
Enquiries
- Tel: +266 5227 4004 / 5227 2147
Closing Date
2 July 2026
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