Chief Financial Officer
Great Career Consult, is recruiting on behalf of its client in various sectors, to fill the vacant position below:
Job Position: Chief Financial Officer (CFO)
Job Location: Lagos
Supervises: Human Resources Manager and Investor Relations Officer
General Function
- The chief financial officer position is accountable for the administrative, financial, and risk management 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.
Duties and Responsibilities
Principal Responsibilities include:
Planning:
- Assist in formulating the company's future direction and supporting tactical initiatives
- Monitor and direct the implementation of strategic business plans
- Develop financial and tax strategies
- Manage the capital request and budgeting processes
- Develop performance measures that support the company's strategic direction
Operations:
- Participate in key decisions as a member of the executive management team
- Maintain in-depth relations with all members of the management team
- Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
- Oversee the financial operations of subsidiary companies and foreign operations
- Manage any third parties to which accounting or finance functions have been outsourced
- Oversee the company's transaction processing systems
- Implement operational best practices
- Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
- Supervise acquisition due diligence and negotiate acquisitions
Financial Information:
- Oversee the issuance of financial information
- Personally review and approve all Forms filings with the Securities and Exchange Commission
- Report financial results to the board of directors
Risk Management:
- Understand and mitigate key elements of the company's risk profile
- Monitor all open legal issues involving the company, and legal issues affecting the industry
- Construct and monitor reliable control systems
- Maintain appropriate insurance coverage
- Ensure that the company complies with all legal and regulatory requirements
- Ensure that record keeping meets the requirements of auditors and government agencies
- Report risk issues to the audit committee of the board of directors
- Maintain relations with external auditors and investigate their findings and recommendations
Third Parties:
- Participate in conference calls with the investment community
- Maintain banking relationships
- Represent the company with investment bankers and investors
Funding:
- Monitor cash balances and cash forecasts
- Arrange for debt and equity financing
- Invest funds
- Invest pension funds
Qualifications and Experience
The candidate Chief Financial Officer should have:
- Bachelor’s degree in accounting, finance, business administration or related field; MBA preferred also
- License in accounting required; Certified Public Accountant (CPA) preferred
- 10+ years accounting experience in a senior financial managerial position
- Management experience with the day-to-day financial operations of an organization of at least 50 staff persons
Skills and Abilities
The ideal candidate should have the ability to:
- Foster and cultivate business opportunities and partnerships.
- Create and assess financial statements and budget documents.
- Recognize and be responsive to the needs of all clients of the organization, including funding organizations, the Board of Directors, local community advocates, participants, and employers.
- Supervise staff, including regular progress reviews and plans for improvement.
- Communicate effectively in both written and verbal form.
Remuneration and Working Condition
- The ideal candidate will work in an office environment. Extensive travel to company subsidiaries will be necessary. Remuneration is negotiable
Note
- CV's should be in MS Word format and any applicant who applies more than once for this job post will be disqualified automatically
- Only shortlisted candidates will be contacted after review of applications.
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