Job Description
JOB BRIEF
A CFO must be well-versed in all aspects of financial management ranging from
- Providing leadership, direction and management of the finance and accounting team
- Providing strategic recommendations to the CEO, members of the executive management team and the Board of Directors
- Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
- Advising on long-term business and financial planning
- Establishing and developing relations with senior management and external partners and stakeholders
- Reviewing all formal finance, HR and IT related procedures reliable current and forecasting reports
- Set up and oversee the company’s finance IT system
RESPONSIBILITIES
Accounting Activities and Reporting:
- Maintain accurate control of budget expenditures against approved allocations and verify compliance with reports received from departments and recommend follow-up actions.
Business Controlling:
- Ongoing development and monitoring of control systems to preserve company assets and report accurate financial results
- Perform detailed analysis on operational and financial accounts, cost items, contracts, inventories
Planning & Budgeting:
- Preparation and implementation of the corporate financial planning, budgets and forecasts
Analysis and Reporting:
- Provide timely monthly, quarterly and annual consolidated financial statements, budgets, forecasts and other KPI performance reports
Performance Monitoring:
- Assess organizational performance against both the annual budget and the Company’s long-term goals, and tracking relevant KPI’s
- Perform price/volume analysis and margin analysis
Treasury:
- Oversee cash flow planning and ensure availability of funds as needed
- Optimize the funding structure
- Stakeholder Management: Manage external relationships with institutional investors, banks, external auditors, tax, and regulatory authorities
Data & Technology Management:
- Perform accounting system selection and implementation
- Ensure data integrity and data quality
Requirements and skills
- Minimum 8 years experience in a similar CFO or Financial Controller position in Nigeria
- University degree in finance or accounting
- Chartered accountant qualification
- Extensive financial management experience, ideally with either close involvement with or experience in senior line management and/or commercial management
- Good understanding of trends, challenges, opportunities, regulations and legislations relating to agribusinesses