Chief Financial Officer in a Reputable Firm based in Lagos

Willers Solutions Limited - Our client, a reputable firm is recruiting suitably qualified candidates to fill the position below:

Job Title: Chief Financial Officer

Location: Lagos
Employment Type: Full-time
Reports To: Managing Director
Direct Reports: Financial Controller, Treasury manager and Management Accountant
Level: Head
Division / Dept: Finance

Job Summary

• To anticipate and control financial risks by ensuring the availability of accurate and current financial data and financial resources in line with the business objectives.

Responsibilities

• Oversee and champion the articulation and development’s strategy ensuring alignment with company’s corporate strategy and business goals.
• Provide overall guidance, leadership support and strategic direction in the execution of the division’s functions and activities.
• Coordinate and approve the division’s work programs and plans.
• Ensure synergy and collaboration in interdepartmental activities and communication to facilitate effective and smooth running of the division.
• Manage risks and returns on company’s financial resources constantly seeking to maximise shareholder’s investments.
• Enforce corporate governance in the Company’s financial decision making.
• Oversee the development of the company’s corporate budget and allocation of financial resource.
• Coordinate the proactive monitoring and reporting of budget positions.
• Oversee the development and implementation of robust cost management strategies to monitor and control costs company-wide.
• Ensure the development and implementation of a delegation of authorities framework.
• Authorise expenditure / transactions in line with company’s delegation of authority.
• Ensure development and implementation of strategies to optimally manage the company’s liquidity position, ensuring excess cash is channeled to appropriate investments outlets.
• Ensure availability of adequate funding required for company’s short and long term operations and in line with financial policies.
• Maintain financial responsibility in company’s assets in terms of accounts, valuations and loss protection.
• Ensure timely preparation of pending Budget and tax reports.
• Develop and maintain strategic relationships with relevant financial institutions and regulatory authorities.
• Communicate division strategies, directives and objectives to staff.
• Oversee the development of the division’s budget and monitor its implementation.
• Oversee the day-to-day management and administration of the division’s activities.
• Manage the human and material resources of the division to optimise performance and enhance output.
• Continually review and assess the effectiveness and efficiency of the division and identify improvement opportunities.
• Coordinate the identification of risks, their short and long-term financial implications and advise Management accordingly.
• Oversee the establishment of efficient controls to mitigate identified financial risks
• Ensure the development and implementation of finance and accounting policies, procedures and processes in line with leading practices and accounting standards.
• Serve as technical resource for the company on issues relating to the interpretation of accounting, tax regulatory issues.
• Prepare and submit periodic management reports and activities.
• Oversee the development and implementation of the financial modules of the enterprise management system as appropriate.
• Coordinate timely preparation of the company’s financial statement ensuring accuracy and compliance with stationary and regulatory requirements.
• Periodically review the company’s financial activities/ performance reports and take appropriate actions.
• Ensure proactive and accurate generation of relevant reports to aid management’s decision making process.
• Provide relevant advice and recommendations to management on specific financial issues
• Ensure adequate and accurate maintenance of project materials with timely generation of relevant reports.

Requirements

• First degree in any discipline preferably in Accounting or any other Finance or Business related discipline
• Strong knowledge of heading finance and accounting, standards practices and processes
• Strong understanding of international and local tax & regulatory framework
• Good understanding of the Power industry (especially the upstream sector)
• Strong negotiating and business development skills
• Ability to think strategically and holistically
• Strong business acumen with excellent analytical and problem-solving skills.
• Relevant professional accounting qualification e.g. ACA, ACCA, CPA, CIMA or other relevant higher business degree with proven analytical and qualitative accounting/finance competencies.
• Minimum of 10 years cognate experience in finance account management/ tax auditing, at least 4 years of which must have been at management level
• Experience as head of finance department or its equivalent in a power company is an added advantage
• Excellent appreciation of financial risks and mitigating controls

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the "Job Title" as the subject of the email

Application Deadline  31st March, 2021.