Job Title : Chief Financial Officer
Location : Lagos
Employment Type : Full time
Responsible for the Finance operations of the companies, to include but not limited to; Financial and Working Capital Measurement, Planning, Budgeting and Controlling, Governance and Compliance, Risk Management, Business and Strategic Support, Taxes, Internal and External controls / audits and Resource Management.
He / She will also oversee HR administration.
Assume full responsibility for all financial operations and functions within the department.
Ensure all transactions are reviewed on a regular basis, balance sheet accounts are managed & cleared, reconciliations and controls are performed, outstanding purchase orders are followed up and irregularities and potential problems are reported.
Analyze and present financial reports in an accurate and timely manner
Update and implement all necessary business policies and accounting practices
Contribute to the development and amelioration of financial systems / models
Ensure that funds and cost centres are set up and maintained to support the unit operations and specific requirements
Coordinate and lead the annual audit process, liaise with external auditors.
Communicate, co-ordinate and manage the relevant processes to ensure all financial year-end and other administration requirements are met timeously, e.
g. Prior Year Reserve calculations for all areas and distribution thereof.
Maximize Working Capital by; Speed up and improve billing, minimize accounts receivable and DSO, minimize stock holdings and Maximize 3rd party accounts payables and DPO.
Prepare monthly, quarterly and annual management accounting reports
Oversee and lead annual budgeting and planning process in conjunction with the Regional Office; administer and review all financial plans and budgets
Provide innovative financial advices to operational managers to improve performance, increase cash and reduce risks.
Ensure tax, legislative and statutory requirements are met.
Look for opportunities to minimize tax liabilities of the BU.
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
Oversees HR activities
Desired Skills and Experience
Bachelor's Degree in Accounting or Business Administration from a recognised university
Minimum of 7 years of progressively responsible experience for a major company or division of a large corporation
Proven experience with financially managing industrial projects
SAP FI / CO experience
Enjoy working in a multi-cultural team, drive to continually improve processes and seek new challenges
Knowledge of multi-national accounting and tax practices and experience with international operations.
Operationally / Commercially oriented, strategic thinker, who can play a key role in driving the strategic direction of the company