Chief Financial Officer at Elvaridah

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
67342
Job Views
87

Job Description



Job Summary:



  • As the Chief Financial Officer, you are responsible for directing and overseeing the financial actions of the company, this includes; tracking cash flow and financial planning, analyzing the company’s financial strengths and weaknesses, preparing financial reports and performing effective risk management.

  • Your ability in Finance Management will contribute to the Company’s growth.


Key Responsibilities


Financial Strategy Development



  • Formulate and execute the company’s financial strategy aligning with the overall company’s objectives

  • Assess the financial implications of business decisions and provide strategic financial guidance.

  • Identify opportunities for revenue growth, capital efficiency.


Budgeting and Forecasting



  • Oversee the creation of budgets, financial models, and forecasts for informed decision making

  • Ensure alignment of budgetary goals with the overall financial strategy.

  • Analyze trends, market conditions, and internal factors to make accurate predictions

  • Regularly assess actual financial performance against budgeted and forecasted figures.


Risk Management



  • Identify and mitigate financial risks, ensuring resilience against market fluctuations and regulatory changes

  • Establish risk management policies and procedures to guide the organization

  • Develop contingency plans to respond effectively to identified risks.


Financial Reporting



  • Ensure accurate and timely financial reporting, adhering to accounting standards and regulations

  • Clearly communicate financial performance, risks and opportunity.

  • Ensure the accuracy and integrity of financial data throughout the reporting process


Audit Oversight



  • Coordinate with internal and external auditors to ensure accurate financial records and compliance with auditing standards.

  • Facilitate communication and information exchange throughout the audit process.

  • Review Financial statements to ensure they accurately represent the financial position of the company


Treasury Functions



  • Oversee treasury operations, managing investments, debt, and foreign exchange exposure.

  • Implement hedging strategies to mitigate the impact of exchange rate fluctuations

  • Implement treasury management systems for efficient cash and risk management.


Cash flow management



  • Manage cash flow, working capital, and financial obligations to ensure liquidity

  • Develop and maintain accurate cash flow forecasts to anticipate future financial needs.

  • Implement strategies to optimize working capital, including managing receivables, payables and inventories.


Capital Structure Management



  • Evaluate and optimize the company’s capital structure to support business goals.

  • Evaluate the cost of capital and its impact on the overall financial health.

  • Evaluate the financial risks associated with the current capital structure.


Financial planning and analysis



  • Conduct in-depth analysis of financial data and market trends to provide strategic insight.

  • Translate strategic goals into financial plans and initiatives.


Requirements



  • Professional Accounting qualifications with a recognized body and at least 6 years post qualifying experience

  • Proficiency in financial fore-casting and budgeting.

  • Familiarity in implementing risk management strategies.

  • Proven ability to evaluate and optimize the company’s capital structure.

  • Experience in debt management, equity financing, and cost of capital analysis.

  • In-depth knowledge of financial reporting

  • Strong Leadership and Management skills

  • Strategic mindset with the ability to align financial initiatives with broader business strategies.

  • Excellent communication and interpersonal skills

  • Proficiency in using financial software and analytical tools


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