Chief Financial Officer

2 days ago

Lagos, Lagos, Nigeria Fosad Consulting Full time ₦1,500,000 - ₦3,000,000 per year
Company Description

Our Client, a multi-professional services company with active interest in construction, project finance and real estate is seeking to hire a well experienced and detailed individual to fill the role of Chief Financial Officer.

Job Location: Ikoyi, Lagos.

Job purpose:

The chief financial officer position is accountable for the financial operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. 

The Job holder will report to the MD/CEO

Job Description

Principal accountabilities are:

Planning

1. Assist in formulating the company's future direction and supporting strategic initiatives

2. Monitor and direct the implementation of strategic business plans

3. Develop financial and tax strategies

4. Manage the capital request and budgeting processes

5. Develop performance measures that support the company's strategic direction

6. Develop matrices that monitor Profit and Cost Units

Operations

1. Participate in key decisions as a member of the executive management team

2. Maintain in-depth relations with all members of the management team

3. Manage the accounting, human resources, investor relations, legal, tax, and treasury departments

4. Oversee the financial operations of subsidiary companies 

5. Manage any third parties to which functions have been outsourced not limited to auditors, regulators and agencies 

6. Oversee the company's transaction processing systems

7. Implement operational best practices

8. Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package

9. Supervise acquisition due diligence and work with procurement/executive office on acquisitions

Financial Information

1. Oversee the issuance, management and flow of financial information

2. Personally review and approve all filings and correspondence with the Securities and Exchange Commission, Central Bank of Nigeria, Nigeria Deposit Insurance Corporation and all regulatory authorities 

3. Report financial results to the board of directors

4. Oversee the audit process

Funding (In collaboration with Treasury)

1. Monitor cash balances and cash forecasts

2. Arrange for debt and equity financing or spearhead all capital raising endeavours of the company

3. Invest funds and lead investment decisions under the auspices of the CEO

4. Invest pension funds

Third Parties

1. Participate in conference calls with the investment community

2. Maintain banking relationships

3. Represent the company with investment bankers and investors

Qualifications

The Chief Financial Officer should have a first degree in accounting or Business Administration. 

A Master's will be an advantage.

*Candidate must be an Indian living in Nigeria

The candidate shall also have equivalent business experience and 15+ years of progressively responsible experience for a major company or division of a large corporation. 

 Should have experience in partnering with an executive team, and have a high level of written and oral communication skills. 

Preference will be given to candidates with an MBA in Finance or Accounting.

The CFO shall also possess the relevant certifications commensurate with the position not limited to ACCA, or CFA qualifications. 

He will also be IFRS compliant and be savvy on related and contemporary finance issues/topics. 

Additional Information

Remuneration is negotiable.

Only qualified Indian candidates will be contacted.

Candidates must reside in Nigeria.

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