Our client, a leader in the Information Technology and Services Industry is seeking to fill the position of Chief Financial Officer .
The Chief Financial Officer will support the organisation’s continued viability and profitability by providing appropriate and prudential financial advisory support to and delivering a sound financial strategy for the organisation.
Also, he / she will ensure the establishment and effective execution of robust financial controls, investment, cash flow and tax management vehicles and systems.
Develop and implement effective financial strategies, policies, controls framework and management systems to guide and support overall business operations ensuring compliance with statutory provisions.
Provide support in the development of strategic plans and forecasts; making recommendations as appropriate through evidence based financial modelling.
Manage the company’s treasury assets to achieve optimal sourcing, application and growth of funds as approved by Board.
Implement approved Board financial policies in line with generally accepted Financial / Accounting practices, IFRS and other statutory requirements.
Drive the preparation of company annual budgets and monitor performance against targets.
Develop and utilise financial models to provide a basis for investment decisions, cash flow planning.
Prepare and present periodic financial performance reports, management accounts, annual financial statements etc. to the Board.
Advise Board on optimal sourcing and application of funds and implications of changes in financial regulations, legislation, and government tariffs.
Manage relationships with financial / lending institutions, external auditors, and other relevant regulatory authorities.
Manage all tax matters and ensure timely remittance of statutory deductions such as : Pay As You Earn (PAYE), Company Income Tax (CIT), Withholding Taxes (WHT), Value Added Taxes (VAT), Pension Contribution, Health Insurance etc.
including payment of vendor invoices and reconciliation.
Manage the Finance & Accounts business unit for effectiveness and efficiency ensuring optimal utilisation of staff performance.
Liaise with Head HR & Administration in reviewing payroll computations to facilitate payment to staff and send to Group Head Corporate Support Services for approval.
Skills and Competencies
Problem-solving, numerical & analytical thinking
Communication (Written, Verbal)
Attention to detail
Financial planning and strategy
Budgeting & financial controls
Financial modelling / analysis
Financial & management reporting Leadership & people management
Cost Analysis / management
Investment planning / appraisal
Knowledge of applicable accounting software
Industry & business knowledge
Education / Professional Qualification / Experience Requirements
Bachelor’s degree or its equivalent in in numerate or semi-numerate disciplines such as : Accounting, Finance, or any related discipline.
MBA or a Masters’ in related discipline is required.
Relevant professional certifications e.g. Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA), Certified Public Accountant (CPA) or its equivalent is required.
Minimum of twelve (12) years working experience with at least 3 years in a Senior Management position.
Deep and broad knowledge and understanding of IFRS Conversion / Accounting.