• Application Deadline: Sat, 19 Nov 2022 00:00:00 GMT
• Position: Chief Financial Officer


• Job Type Part Time


• Qualification MBA/MSc/MA


• Experience 15 - 25 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  


• Salary Range ₦400,000 - ₦500,000/month
  

JOB ROLES AND TASKS

Summary

This position is responsible for the management of all financial and accounting aspects of  Company, and will provide leadership and coordination of company financial planning, accounting, debt financing and budget management functions.

In addition, this position will ensure procedures conform to generally accepted accounting principles by applying principles of accounting to analyze financial information and prepare financial reports by compelling information, preparing profit and loss statements, utilizing appropriate accounting control procedures.

Primary Responsibilities

• Develop strategies for policy formulation and implementation of accounting and finance related matters.


• Manage the treasury.


• Create, coordinate, and evaluate the financial plans and supporting information systems of the company to include budgeting, tax planning, real estate, and conservation of assets.


• Prepare and approve of procedures defining company relationship with internal and external parties including authority limits, approvals and commitments.


• Oversee financial management of operations to include developing financial and budget policies and procedures.


• Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.


• Ensure compliance with local, state and federal financial reporting requirements.


• Oversee the approval and processing of revenue, expenditure and position control documents, departments budgets, salary updates, ledger, and account maintenance and data entry.


• Establish, maintain and coordinate the implementation of accounting and accounting control procedures.


• Monitor and review accounting and related system reports for accuracy and completeness.


• Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.


• Interact with internal and external auditors in completing audits.


• Assist in obtaining necessary licenses and insurance.


• Analyze cash flow, cost controls, and expenses to guide management.


•  Analyze financial statements to pinpoint potential weak areas.


• Establish and implement short and long-range departmental goals, objectives, policies, and operating procedures.


• Take care of the administration as in the day to day activity of  Company


• Overseeing and renewing insurance cover for equipment and premises. And managing insurance and property issues.


• Handle all logistical issues

Other duties as assigned.

JOB ROLES AND TASKS

Quantitative Dimensions:

• Departmental Budget


• Volume


• Value of Facilities/Equipment


• Number of Supervised Personnel


• Recruitment and Selection Criteria:

 KNOWLEDGE AND SKILL REQUIREMENTS

Experience in strategic planning and execution. Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles. Computer literacy with proficiency in MS Office. Knowledge of automated financial and accounting systems. Knowledge of State and Federal financial regulations. Ability to analyze financial data and prepare financial reports, statements, and projections.

Work requires professional written and verbal communication and interpersonal skills. Ability to participate in and facilitate group meetings.

This is normally acquired through a combination of the completion of a Bachelor’s Degree I Accounting or Economics, ten years of experience in a senior-level finance or accounting position, and a recognized professional accounting qualification.

WORKING CONDITIONS

Working conditions are normal for an office environment. Work may require occasional weekend and/or evening work. Work requires willingness to work a flexible schedule.

Key Performance Indicators

• Timeliness of budgeting process.


• Timely completion, presentation and approval of financial plan.


• Number of adopted improvement initiatives.


• Level of motivation and satisfaction of supervised staff.


• Improvement in employee skills and performance.


• Adherence to approved financial reporting schedule.


• Timeliness/accuracy of financial reports.


• Maintain an unqualified (clean) audit opinion with no material internal control weaknesses.


• Issue consolidated financial statements not later than one month after the close of the period.


• Monthly financial statement reporting and delivering by 5 days after the close of the period.


• Ensuring that the day to day Administration of Company is run.


• Timeliness in providing insurance cover for the company properties.


• Improvement is all Logistical issues of MBC.

Competencies

• Managerial


• Analytical Thinking/Problem Solving


• Decision Making


• Numerical Analysis


• Creativity/Innovation


• Interactive Communication


• Strategic Thinking


• Motivation


• Planning and organizing


• Management Control


•  Delegation


• Functional


• Leadership


• Finance and Accounting Management


• Project Management


• target Setting/Appraise

Personal Attributes

• Flexibility


• Integrity


• Numeracy


• Applied Learning


• Management Empathy