• Application Deadline: Mon, 12 Aug 2024 00:00:00 GMT
• Position: Chief Financial Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 10 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• The Chief Financial Officer is responsible for overseeing all financial aspects of business and driving the company’s financial strategy and planning.


• Reporting to the CEO, this individual will be part of the Senior Leadership Team (“SLT”) and will lead ateam of professionals serving multiple business units with a continuous focus on assessing the financial performance of the company as well as possible risks and investments. Functional teams include accounting, financial planning & analysis, client service operations.

Responsibilities

Strategy, Planning and Management:

• Assess and evaluate financial performance against long-term operational goals, budgets, and forecasts.


• Provide insight and recommendations to both short-term and long-term growth plan.


• Communicate, engage, and interact with Senior Leadership Team..


• Set goals and objectives for all staff that align with overall strategic objectives of the firm and create a unique team culture based on the core values.

Financial Analysis, Budgeting, and Forecasting:

• Review and analyze monthly financial results, along with user and usage information.


• Prepare and present monthly financial budgeting reports including P&L by business unit, forecast vs. budget by business unit, and cashflow for company.


• Develop and maintain monthly operating budget and annual company operating budget, to include income statement, balance sheet, and cashflow.

Accounting and Financial Management:

• Manage the accounting functions and ensure application of appropriate internal controls and financial procedures. Where necessary, improve processes around the general ledger and accounting activities.


• Oversee preparation of monthly, quarterly, and annual financial statements.


• Serve as key point of contact for external auditors, managing preparation and support of all external audits.


• Oversee the preparation and timely filing of all local, state, and federal tax returns.


• Administer, along with Human Resources, all commission and bonus plans for staff with sales organization.


• Work with Human Resources to ensure all appropriate legal compliance.


• Manage cash flow planning process and ensure funds availability.


• Maintain outstanding banking relationships.

Client Service Operations:

• Oversee the processing of invoices, fulfillment of services, and collection of payments.


• Monitor subscriptions such that customers are entitled with services that they have paid for.


• Lead month-end activities and ensure revenue is recognized in accordance with GAAP.


• Drive efficiencies through credit card processing while keeping merchant fees within budget.


• Ensure timely response to client inquiries and elevate to appropriate leader when necessary.

Qualifications

• The ideal candidate will bring a minimum of ten (10) years of experience in financial and strategic management.


• Proven experience as director of finance or similar role; experience in capital raising and acquisitions a plus.


• Outstanding knowledge and understanding of GAAP, IFRS, and partnership income taxes.


• Experience working with external auditors, internal controls, and foreign entities.


• Solid knowledge of financial analysis and forecasting with an emphasis on subscription based revenue.


• Proficient in the use of MS Office and ERP systems, NetSuite preferred.


• An analytical mind with a strategic ability.


• Excellent organizational and leadership skills.


• Outstanding communication and interpersonal abilities.


• BS/BA in accounting, finance, or relevant field.