• Application Deadline: Fri, 28 Mar 2025 00:00:00 GMT
• Position: Chief Financial Officer



• Job Type Full Time



• Qualification MBA/MSc/MA



• Experience 10 - 11 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Our client, an upscale laundry and dry-cleaning organization, is looking for a Chief Financial Officer (CFO) who will have the overall responsibility for the strategic planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting, risk and governance as well as negotiations.

Responsibilities

• Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company’s financial strategy and hiring needs


• Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same


• Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization


• Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows


• Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action


• Providing leadership, direction and management of the finance and accounting team


• Providing strategic recommendations to the Founder / CEO and members of the executive management team and Governing Council


• Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting


• Advising on long-term business and financial planning


• Provide commercial insight and leadership across the business in order to exceed business plan targets


• Responsible for ensuring the risk and compliance management framework is embedded and operational for the Group


• Establishing and developing relations with senior management and external partners and stakeholders


• Reviewing all formal finance, HR and IT related procedures 

Qualifications

• Master’s degree (or equivalent experience) in accounting, business accounting, or finance


• Minimum 10 years’ relevant work experience, 7 years management practice of which 3-5 years in FMCG/Retail. Relevant historical roles include but not limited to Director of Finance, Credit Controller, Corporate Development


• Professional development and training are an added advantage.


• Certified Public Accountant (CPA) qualification or relevant certifications 


• Proficient in analyzing financial information and using metrics to evaluate performance 


•  Proficiency in financial software and management tools and strong understanding of financial statements and their interpretation


• Strategic thinking and the ability to provide insights and recommendations to improve financial health


• Experience in managing receivables, payables, and liabilities


• Ability to lead and manage the finance department and collaborate with senior managers and the Board of Directors


• Knowledge of financial control and compliance to ensure the accuracy and integrity of financial data


• Knowledge of finance functions and their integration into overall business operations


• Familiarity with the role of a Chief Financial Officer (CFO) and the responsibilities associated with the job title


• Expertise in financial planning and budgeting to support strategic initiatives


• Ability to develop and implement a business plan to drive financial growth


• Understanding of human resources management within the finance department

Must have skills

• Expertise in financial management, including cash flow, financial planning, and financial decision-making


• Proficiency in strategic planning and the ability to align financial initiatives with business goals


• Knowledge of capital structure and the ability to optimize financial resources


• Strong understanding of Generally Accepted Accounting Principles (GAAP) and ensuring compliance


• Excellent communication skills for effective collaboration with C-suite executives, including the Founder, Chief Executive Officer (CEO), Chief Production Officer (CPO) and Chief Operating Officer (COO)


• Excellent interpersonal and communication skills for effective stakeholder management and presenting financial information


• Strong analytical skills to assess financial risks and opportunities


• Leadership skills to guide and mentor the finance team and foster a high-performing finance department