Chief Financial Officer at Elvaridah

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
2 days ago

Additional Details

Job ID
153632
Job Views
23

Job Description






Reports To: Group Managing Director/Chief Executive Officer (CEO)



Job Summary




  • The Chief Financial Officer (CFO) will provide strategic financial leadership and oversee all financial operations of the company, ensuring financial sustainability, profitability, and long-term growth.

  • The role is responsible for financial planning, treasury management, project financing, investment analysis, financial reporting, risk management, and corporate governance across the company's real estate development portfolio.

  • The ideal candidate will possess extensive experience in real estate finance, project financing, capital raising, and financial strategy, with a strong understanding of the Nigerian real estate market and regulatory landscape.



Key Responsibilities



Strategic Financial Leadership:




  • Develop and implement the company's financial strategy in alignment with business objectives and growth plans.

  • Serve as a strategic advisor to the CEO and Board on financial and investment matters.

  • Lead long-term financial planning, budgeting, and forecasting processes.

  • Drive business profitability and optimize capital allocation across projects.



Financial Planning & Analysis:




  • Prepare and manage annual budgets, financial forecasts, and cash flow projections.

  • Conduct financial modelling and feasibility studies for new real estate developments and investments.

  • Monitor project profitability, return on investment (ROI), and internal rate of return (IRR).

  • Provide financial insights and recommendations to support strategic decision-making.



Treasury and Cash Flow Management:




  • Oversee the company's treasury function and manage liquidity across multiple projects.

  • Develop and implement robust cash flow management strategies.

  • Ensure adequate working capital to support ongoing and future developments.

  • Monitor and optimize the company's capital structure and financing arrangements.



Project Finance and Capital Raising:




  • Structure and secure financing for real estate development projects through banks, investors, private equity firms, and financial institutions.

  • Negotiate loan facilities, project financing agreements, and investment partnerships.

  • Manage relationships with lenders, investors, and financial stakeholders.

  • Evaluate and execute alternative funding strategies to support business expansion.



Financial Reporting and Compliance:




  • Ensure timely preparation of monthly, quarterly, and annual financial statements.

  • Ensure compliance with IFRS, tax regulations, and all statutory reporting requirements.

  • Present financial reports and performance updates to the Executive Management Team and Board of Directors.

  • Coordinate internal and external audits and ensure the implementation of recommendations.



Risk Management and Internal Controls:




  • Develop and implement robust financial controls and risk management frameworks.

  • Identify and mitigate financial, operational, and investment risks.

  • Manage foreign exchange exposure and interest rate risks where applicable.

  • Ensure compliance with corporate governance policies and regulatory requirements.



Investment and Portfolio Management:




  • Conduct investment appraisals and due diligence for acquisitions and development opportunities.

  • Evaluate the financial viability of proposed projects and investments.

  • Monitor project performance against approved budgets and financial targets.

  • Provide recommendations on asset optimization and portfolio growth strategies.



Team Leadership and Stakeholder Management:




  • Lead, mentor, and develop the finance and accounting teams.

  • Foster a high-performance and accountability-driven culture within the finance function.

  • Build and maintain strong relationships with investors, financial institutions, regulators, and external advisors.

  • Collaborate effectively with other business units to achieve organizational objectives.



Key Performance Indicators (KPIs)




  • Revenue and profitability growth.

  • Project ROI and IRR achievement.

  • Cash flow adequacy and liquidity management.

  • Capital raising and financing success rate.

  • Budget adherence and cost optimization.

  • Timely and accurate financial reporting.

  • Reduction in financial and operational risks.

  • Compliance with statutory and regulatory requirements.

  • Working capital efficiency.

  • Investor and stakeholder satisfaction.



Qualifications and Requirements

Education:




  • Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.

  • Master's degree (MBA, MSc Finance, or related field) is highly preferred.



Professional Certifications




  • ACA, ACCA, CPA, or equivalent professional accounting qualification is required.

  • CFA certification will be an added advantage.



Experience




  • 8-15 years of progressive finance experience, with at least 7 years in a senior financial leadership role.

  • Experience within the real estate, property development, construction, or infrastructure sector.

  • Demonstrated experience in project financing, capital raising, investment management, and treasury operations.

  • Proven experience managing large-scale real estate development projects and complex financial transactions.



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