• Application Deadline:
• Position: Chief Financial Officer (CFO)


• Job Type Full Time


• Qualification MBA/MSc/MA


• Experience 7 - 12 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Description

• Direct overall financial activities across the group and advice the GMD/Board on global financial & strategic objective of the Group


• Provide strategic recommendations to the COO/GMD based on financial analysis and projections, cost identification, allocation and income/expense


• Participate in strategic planning process as an integral member of the senior management team


• Establishing guidelines for annual & periodic budgets. Oversee budgeting and the implementation of budgets.


• Oversee long-term budgetary planning and cost management in alignment with Group strategic plan


• Monitor the use of all funds to ensure it is in accordance with budgetary goals.


• Assess Organizational performance against the budget and long-term strategic objectives


• Ensure that finance staff maintains financial record systems in accordance with globally accepted Accounting Principles.


• Oversee complete Finance and Accounts activities, monthly financial consolidation, Budgeting, Risk Management, internal Control and Corporate Functions at the Group Level.


• Develop, monitor and evaluate overall corporate strategy with top management and managers of business units with emphasis on profitability, capital investment, good corporate governance to enhancing group corporate value.


• Develop tools and systems to provide critical financial and operational information and provide strategic recommendation to the COO/GMD and the Board of Directors


• Develop and implement effective cost allocation methodologies, ensuring accurate assessment of profitability across different business units and subsidiaries.


• Manage capital needs of the Group, ensuring the efficient use of capital expenditure, providing recommendation on best ways to improve efficiency and accountability in relations to all CAPEX and OPEX.


• Working Capital & Cash Flow Management: Supervise daily Financial and Accounting activities to ensure that Standard Operating Procedures are strictly followed by all units.


• Balancing short-term financial concerns and pressures, such as managing cash flow/ liquidity, profitability, in line with long-term vision and sustainable organizational success.


• Ensuring effective compliance / control and responding to regulatory developments, including financial reporting, capital requirements, and corporate responsibility.


• Sharing strategic leadership responsibilities with other senior management team and ensuring the finance/account function supports the business at a strategic and operational level


• Analyze investment decisions and advice on most profitable investment options.


• Assuring legal and regulatory documents are filed and monitoring compliance with laws and regulations .


• Set up and oversee the company’s Finance IT system.


• Provide projects financing and negotiate investment loans from banks


• Oversee company Risk Management system


• Manage all company subsidiary accounting.


• Interface with external bodies on financial matters -- FIRS, BIRS, external auditor, etc.

Competencies:

• Budgeting, Forecasting and Cost Management


• Proven experience as CFO or in a senior management role.


• In depth knowledge of corporate financial laws and risk management practices.


• Strong leadership and organizational skills.


• Ability to inspire confidence and create trust.


• Corporate Governance and Compliance


• Excellent communication and people skills.


• Ability to work under pressure, plan personal workload effectively and delegate.


• Performance Management


• Risk Management


• Taxation


• Treasury and Asset Management


• Proficiency in the use of accounting software

Academic / Professional Requirements

• MBA/MSc in Finance


• ICAN.ACCA mandatory


• 7 - 12 years of experince in accounting, with at least five (5) years of experience as a CHIEF FINANCIAL OFFICER ( CFO)


• Good accounting regulatory and software knowledge


• Age Bracket: 35 - 45 years


• Salary Budget: N 1,500,000.00 - 2,000,000.00 ( Monthly Gross) & other benefits


• Though, this vacancy is open to all interested applicants regardless of ethnic affiliations, candidates from the South - Eastern origin will have an advantage for workplace diversity reasons.