Chief Financial Officer (CFO)
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.
Method of Application
Interested and qualified candidates should forward their updated curriculum vitae (CV) to: [email protected] using the Job Title as the subject of the mail.
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