Job Title: Chief Financial Officer
Reports to: Chief Executive Officer
Industry: Solar
Location: Lagos
Our client is seeking a Chief Financial Officer, who will be responsible for taking on the leadership role in financial decision-making that affect the company, and will provide strategic financial input to senior management. As the Chief Financial Officer, your key responsibilities will be to oversee the overall accounting process, develop and
implement the financial procedures to improve and maintain the financial health of the company.
Key Responsibilities
Business Strategy:
● Contributes to the formation of the Business Strategy and ensures that all financial
policies, procedures and systems are sound.
● Oversees the preparation of Annual Operating Plan, Business Financial Plan and
Analytics.
● Using appropriate forecasting tool, ensures that adequate measures are factored in to
achieve business objectives.
● Provides financial direction, planning and accounting to the business, covering short
term and long-term financial goals.
Liquidity & Treasury Management:
● Ensures that optimal liquidity is available to deliver a business plan.
● Responsible for the capital structure management.
● Negotiates/arranges external finance, when necessary.
● Reviews working capital/cash flow requirement on a regular basis
● Monitors banking activities for the Company for proper running and ensures regular
reconciliations of all banking transactions.
Budgeting and Financial Forecast:
● Develops plans, budgets, forecasts and financial results to guide management
decisions by forecasting requirements; analyzing variances and initiating corrective
actions.
● Presents operating and capital expenditure budgets for review and approval.
Financial Analysis & Interpretation:
● Monitors financial performance by measuring and analyzing results; initiating
corrective actions; minimizing the impact of variances.
● Responsible for presenting and reporting accurate and timely historical financial
information of the Company.
● Responsible for capital planning and allocation as well as balance sheet optimization.
● Reports financial status by developing forecasts; reporting results; analyzing
variances; developing improvements.
● Coordination of financial reports within the Company.
● Demonstrates an excellent understanding of Insurance financials as well as advanced
business finance and performance analysis.
Regulatory & Statutory Relationship:
● Oversee the coordination and activities of independent auditors (Internal and
External Auditors).
● Coordinates regulatory and supervisory functions.
● Manages relationship with regulatory and statutory bodies, i.e. NAICOM, FIRS, LIRS,
etc.
● Reviews and manages the Financial Risks undertaken by the business, and
demonstrates a good understanding of the risk profile of the company whilst
reporting risk issues, and mitigating all identified risks.
Internal Control & Monitoring:
● Ensures adequate controls are instituted and maintained to cover all financial
transactions, and safeguard financial assets.
● Possesses versatile ability to handle various business applications within the Group.
People Management:
● Oversees activities of employees and teams (i.e. hires, coaches, appraises rewards,
motivates, discipline, etc).
● Works in conjunction with other senior management team members to set standards,
priorities and schedules.
● Responsible for employee engagement within the Finance team.
REQUIREMENTS & SKILLS
You'll be a good fit for this role if you have experience with:
● Industry/role specific: Good understanding of the utility industry, consumer oriented
hardware product, management consulting with industry experience in a high growth
start up.
● Work experience within multinational and high growth start up and scaling the team
through series of equity and debt investment, preferably post series B.
● Strong negotiation skills within multicultural context.
● Experience of working with multicultural teams and investors.
● Strategic thinker and attention to detail.
● Entrepreneurial spirit and collaborative nature.
We’d also like to see:
● Prior experience growing a business balance sheet.
● Your ability to demonstrate systems skills and successful experience implementing
robust financial controls and processes.
● Your ability to perform work accurately and thoroughly.
● Knowledge of IFRS and compliance to relevant tax laws
● You bring a problem-solving mindset to any challenging situation.
● You deal with shifting priorities and issues inherent to a high growth organization
● Your ability to communicate both in written and oral presentations.
● MSc and/or MBA from a reputable institution.
● 15+ years Multinational experience on a global scale and at least five years in a senior
management role.
Job Type: Full-time