• Application Deadline:
• Position: Finance Director



• Job Type Full Time



• Qualification MBA/MSc/MA



• Experience 5 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

JOB DESCRIPTION:

The Finance Director will be responsible for overseeing the strategic planning, management, and implementation of all financial, grant management, and financial policies of CPHI to ensure that they are

relevant and compliant with national legislation, the CPHI financial system, policies, procedures, and donor requirements. The incumbent will play a pivotal role in securing financing, managing financial risks, and optimizing the financial performance of projects in the organization.

KEY RESPONSIBILITIES:

• Lead efforts to secure financing for projects/programs, including grants, equity, and other funding sources.


• Manage relationships with financial institutions, investors, and donors to ensure adequate funding for project implementation.


• Identify and assess financial risks associated with projects, including market, credit, liquidity, and operational risks.


• Develop risk mitigation strategies and controls to safeguard the organization’s financial interests and ensure compliance with regulatory requirements.


• Monitor and report on key financial metrics, compliance issues, and emerging risks to management team.


• Conduct due diligence, financial analysis, and valuation assessments to assess the feasibility and risks of strategic transactions.


• Lead negotiations, structuring, and execution of transactions, including drafting transaction documents and coordinating with legal, tax, and other advisors.


• Ensure timely assessment of existing structures, policies, and practices in the Finance Division with the support of the Internal Auditor.


• Oversee tax management functions for the organization and ensure proper financial reporting in line with regulatory guidelines and statutory requirements.


• Ensure capacity-building training and personal development for the finance team and nonfinance staff on effective financial management and Finance processes.


• Coordinate the cost-sharing and allocation process on available budgets and supervise the cost allocation and amortization to ensure proper cost and revenue matching for the relevant cost and budget period.


• Manage the relationship with CPHI’s external auditors, manage the year-end process, external audit, preparation of annual financial statements, and sign-off from relevant stakeholders.


• Develop annual fiscal year budgets and forecasts with the Executive Director to develop and implement grant and proposal budgeting and forecasting systems.


• Monitor the technical implementation of grants to ensure timely progress and according to submitted technical reports, proposed strategy, and work plans


• Lead the budgeting process and achieve financial targets and burn rate while optimizing resource allocation.


• Create and update forecasts, prepare and review budget vs. actual variances, identify overspending or underspending red flags, and complete budget modifications as needed.


• Develop time allocation plans for assigned grants and contracts and participate in year-end closeout of grants and contracts in preparation for the annual audit.


• Develop clear SOPs for the finance management of the organization to drive effective collaboration and productivity.


• Contribute to the improvement of internal processes and tools related to finance and operational processes.

GOVERNANCE

• Ensure CPHI complies with statutory and legal requirements, including statutory reporting, completion of the annual report, and the maintenance of relevant registers and organizational books.


• Provide advice to the Board and Executive Director on any legal responsibilities prevailing upon the organization.


• Engage in Financial Modelling and analysis and present periodic reports to the Executive Director and the Board

KNOWLEDGE, SKILLS, AND ABILITIES

• Substantial budgeting, budget/expense analysis, and accounting experience.


• Knowledge of local law in taxation and local regulatory reporting procedures.


• Must have knowledge and application of QuickBooks accounting software


• Excellent interpersonal and supervisory skills.


• Good capacity-building, presentation, and facilitation skills.


• Strong written and verbal communication skills, with the ability to articulate ideas clearly and persuasively.


• Demonstrated ability to work both independently and collaboratively in a team environment.


• Passion for social impact and an interest in the nonprofit sector


• A proactive and self-motivated attitude with a willingness to learn and take initiative.


• Knowledge of grant funding sources and databases is advantageous.


• Understanding partnership development and collaboration strategies is a plus


• Proven experience in budgeting, forecasting, and financial analysis.

QUALIFICATIONS AND ESSENTIAL COMPETENCIES:

• Master’s degree in Finance, Accounting, or related discipline.


• ACCA/ACA/ANAN/CFA certified


• Minimum of 5 years’ experience in NGO Financial Management.


• Expert knowledge of professional management principles, theories, practices, and terminology of the laws, regulations, and procedures governing US agency financial management and contractual & procurement regulations.


• Knowledge of the relevant public donors’ regulations.

COMPENSATION

• Annual Base pay range N26million – N29million