The CFO will be a strategic partner to the Board, responsible for shaping financial strategy, securing project funding, ensuring regulatory compliance, and overseeing financial operations. This role requires a forward-thinking finance executive with a proven track record in real estate or infrastructure project finance.
Key Responsibilities
Strategic Financial Leadership
- Design and implement financial strategies that enable the successful execution of large-scale real estate projects.
- Provide forward-looking insights on funding structures, market opportunities, and risks to guide Board decisions.
- Align financial planning with cooperative principles of sustainability, member value, and long-term asset growth.
- Lead negotiations with banks, pension funds, private equity, and development finance institutions to secure project funding.
- Develop innovative financing models, including public-private partnerships (PPPs), blended finance, and long-term debt structures.
- Monitor utilization of project funds to ensure cost discipline and timely delivery.
- Oversee day-to-day financial operations including budgeting, treasury, and cash flow management.
- Implement strong internal controls and reporting frameworks to safeguard assets and promote transparency.
- Ensure compliance with IFRS, cooperative laws, and Nigerian real estate regulations.
- Act as the lead financial representative in discussions with regulators, investors, and external partners.
- Build trust with cooperative members by communicating financial performance, risks, and project updates clearly.
- Develop investor materials and present financial projections to attract and retain funding partners.
- Identify and manage financial risks related to land acquisition, construction costs, interest rates, and market shifts.
- Ensure compliance with tax laws, cooperative legislation, and governance standards.
- Establish policies for ethical financial management and prudent risk-taking.
- Mentor and develop the finance team, creating a high-performing unit capable of supporting large-scale projects.
- Introduce financial technology tools for efficiency, reporting, and decision-making.
- Foster a culture of accountability, innovation, and service to members.
- Reports to the Board of Directors.
- Works closely with Project Managers, Operations, and External Advisors to ensure financial alignment with project goals.
- Engages with funding partners, regulatory agencies, and cooperative members.
- Drive financial sustainability while upholding cooperative values.
- Maintain transparency and accountability in all financial dealings.
- Ensure cost-effectiveness in project delivery without compromising quality.
- Pursue innovation in financing models and reporting systems.
- Bachelor’s degree in Finance, Accounting, Economics, or related discipline (MBA/Master’s preferred).
- Professional certification (CFA, ACCA, ICAN, or equivalent) strongly desirable.
- At least 10 years of progressive senior financial experience, with a minimum of 5 years in real estate, infrastructure, or cooperative finance.
- Proven experience raising capital for large-scale projects.
- Strong negotiation, communication, and leadership skills.