Chief Financial Officer at Fadac Resources

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
9 days ago

Additional Details

Job ID
126566
Job Views
27

Job Description






JOB RESPONSIBILITIES:




  • Provide strategic recommendations to the Managing Director in developing financial plans.

  • Summarize the organization’s current financial status by collecting information; preparing balance sheets, profit and loss statements, preparation of monthly and yearly financial statements and other reports.

  • Manage the processes for financial forecasting and budgets, and oversee the preparation of all financial reporting.

  • Ensure proper allocation of resources and advice on long-term business and financial planning.

  • Ensure deductions and prompt remittance of necessary schedules and various statutory deductions i.e. VAT, PAYEE, CIT, pension Fund etc.

  • Perform statistical, cost and financial analysis of financial reports and data, and prepares subsequent narrative analysis for management & investors alike.

  • Periodic audit of departmental processes, also interfacing with external auditors.

  • Lead and mentor cross functional departments ensuring that direct reports are developing on the job.

  • Identifying and mitigating financial risks, such as market fluctuations, regulatory changes, and operational challenges.

  • Monitoring and managing cash flow to ensure liquidity and support ongoing operations and investments.



JOB REQUIREMENTS:




  • B.Sc or Masters degree in Finance, Accounting or related field.

  • 10-15 years extensive experience in financial management, including previous roles as a CFO, VP of Finance, or similar position.

  • Knowledge of accounting, state and federal tax law remittance and compliance.

  • Proficiency in financial software, advanced knowledge of accounting principles, and experience with regulatory requirements.

  • Strong analytical and problem-solving skills to interpret financial data and provide strategic recommendations.

  • Demonstrated ability to lead and develop high-performing teams.

  • Excellent verbal and written communication skills for effective interaction with stakeholders at all levels.



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