Job Opportunity in a Power Distribution Company for a Chief Financial Officer (CFO)

A power distribution company in Nigeria, is looking
for a qualified candidate who will be responsible for driving the
financial strategy and support e turnaround of the business, to fill the
vacant position below:

Job Title: Chief Financial Officer (CFO)
Location:
Nigeria
Job Summary

  • The CFO is part of the Executive Management Team and will play a
    key role in developing, monitoring and evaluating overall financial
    strategy and day-to-day responsibility for planning, implementing,
    managing and controlling all financial-related activities of the
    company.
  • The position holder will assume direct responsibility for
    accounting, finance, forecasting, strategic planning, job costing,
    corporate finance, Board and investor relationships, financial
    compliance and institutional financing.
  • He/she will, develop the financial strategy to drive the
    direction and leadership of the business for sustainability, growth and
    meeting performance targets.

Roles & Responsibilities

  • Provide leadership in the development and continuous evaluation of short and long- term strategic financial objectives.
  • Take ownership of the company strategic plan, and on a monthly,
    quarterly and annual basis, provide consolidated report on the overall
    performance of the company against set strategic targets and working
    with all company directorates and departments advise on strategies to
    ensure the company meets its targets
  • Manage processes for financial forecasting budgets and consolidation and reporting of the Company
  • Responsible for oversight of day-to-day finance and accounting
    operations to ensure timely and accurate financial information with
    appropriate internal controls, including maintaining up to date
    accounting records.
  • Ensure timely and accurate preparation of financial reports,
    monthly, quarterly, and annually in accordance with applicable local and
    international standards and circulating these to Board members and
    Management on a monthly, quarterly and annual basis.
  • Own and coordinate all financial audits as well as working with
    the Board Finance Sub-Committee and External Auditors to ensure timely
    completion, sign-off and filing of annual audited accounts
  • Provide recommendations to strategically enhance financial performance and safeguard overall long-term business value.
  • Direct and oversee all aspects of the Finance, Accounting, and Strategic Planning functions of the company.
  • Take responsibility for all tax and statutory matters (e.g.
    income tax, PAVE, pension group life, VAT. etc.), including the
    implementation of optimal tax structuring for the company, and accurate
    preparation of all tax returns and other statutory and regulatory
    information as required by governing bodies
  • Ensure legal and regulatory compliance regarding all financial functions and commitments of the company.
  • Lead interactions with international and local financiers for
    the purpose of raising capital to fund the operations and growth of the
    company.
  • Review, manage and establish as needed, internal systems and
    controls, operations, processes and financial procedures to ensure the
    integrity of financial information and reporting.
  • Evaluate and administer financial risk management and insurance policies.
  • Maintain banking relationships and serve as primary liaison with financial institutions.
  • Monitor all payroll activities, including the timely and accurate payment of wages.
  • Management responsibility for internal and external resources and staff directly involved in the finance and strategy functions.
  • Develop and maintain a detailed and up to date financial model for the company.
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Requirements

  • Minimum of a first Degree in Financial Accounting or related discipline.
  • MBA or Masters in a related discipline will be added advantage
  • Accounting certification -ACCA, ICAN etc.
  • Knowledge of automated financial and accounting reporting systems.
  • Ability to prepare financial reports, statements, and projections.
  • Experienced in strategic planning and execution.
  • Ability and proven experience in managing, motivating and communicating with interdependent groups of people is essential
  • High level of integrity and dependability with a strong sense of urgency and results- orientation.
  • Minimum 10 years work experience in Finance/Accounting with 5 years in a Senior Management role.
  • Sound knowledge of accounting practices and standards, gained
    through practical experience, qualification and personal development
  • Proficiency in MS Office, advanced use of MS Excel;
  • Familiar with ERP Solutions

How to Apply
Interested and qualified candidates should send their applications (Curriculum Vitae and application letters) to: cfo2017@exec-jobs.net

Application Deadline: 19th June, 2017.

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