The Chief Financial Officer (CFO) will prepare, develop and analyse key financial information to ensure that an organisation’s management makes well-informed decisions to ensure future stability, growth and profitability.
Establish financial policies and management information systems and maintain accurate and complete financial records.
Provide a high quality support service by liaising with management colleagues on all aspects of finance.
Responsibilities
Liaising with other function managers to put the finances and accounts in context
Monitoring and evaluating financial information systems and suggesting improvements where needed
Implementing corporate governance procedures, risk management and internal controls
Delegate the tasks to the junior staff persons, to train and mentor them by identifying the skills and training gaps, to be involved in communicating the staffing needs, hiring, and terminating the staff members whenever there is a requirement
Collate all the relevant financial information like expenses, liabilities, revenues, assets, etc. and documentation that would ensure readiness and fast execution of the relevant financial activities
Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis and commentaries
Providing a support service by working with all departments and the management team to help make financial decisions
Review the financial data and information, update it, to identify inconsistencies and take remedial actions and to provide assistance to direct the operation of financial activities
Ensure timely reconciliation of all accounts, to verify its accuracy by tracking and monitoring the financial records, etc.
Monitor the debtors and ensure that collections are consistent within the given time limit
Prepare accurate monthly and yearly reports, to provide assistance in directing the coordination and preparation of annual budgets, and to ensure that the approved budget has been adhered to, to communicate the variations in budget to the management, and communicate inconsistencies in the budget
Ensuring spending is kept in line with the budget
Informing key strategic decisions and formulating business strategies
Advising on the financial implications and consequences of business decisions
Analysing financial performance and so contributing to medium and long term business planning / forecasts
Negotiating on major projects, loans and grants
Offering professional judgement on financial matters and advising on ways of improving business performance
Interpreting and communicating financial data to non-financial managers
Recommend potential business acquisition proposals and assists the organisation to make intelligent business and financial related decisions
Manage the day to day accounting activities by ensuring adherence to the organisational rules and regulations and statutory compliance
Requirements
Be a Certified Management Accountant
10+ years of progressively financial responsibility
Complete mastery on accounting theories and principles
Candidate must be comfortable with handling complex computations and huge numerical data
Ability to manage and prioritise work according to requirements
5 years of experience as CFO / Finance Director in a multinational FMCG or specialty chemical company
Previous work experience in Nigeria will be a plus
Excellent written and oral English
Effective leadership and communication skills
Excellent planning, analytical and time management skills
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