TalentSquare - Our client is a leading group focused on delivering innovative digital services across a broad range of public and private-sector consumer and business segments, with a particular focus on the consumer segment.
They are recruiting suitably qualified candidates to fill the position below:
Job Title: Group Chief Financial Officer
Location: Victoria Island, Lagos
Employment Type: Full-time
Reports to: General Managing Director, with a ‘dotted line’ to the MDs of Subsidiaries
Job Overview
- The Group CFO has responsibility for managing financial sustainability, driving financial performance, meeting financial requirements & maximising return on investment.
- The role will provide strategic financial advice to the Board of Directors and will play a pivotal role in formulating and implementing financial strategies to achieve the vision and financial performance strategies and measures for the Group.
Key Responsibilities
Strategic Functions:
- Providing strategic recommendations to the Board of Directors, CEO/Managing Director and members of the executive management team towards achieving the Group Vision
- Define the Group financial strategy, ensuring alliance with Group strategic objectives and ambitions/vision
- Developing and advising on short to long-term business and financial planning
- Establishing and developing relations with senior management, external partners, investors, brokers, financial advisors/consultants and stakeholders
- Managing all fundraising and acquisition of capital requirements to achieve the Group vision
- Develop innovative funding strategies in line with the Group’s business
- Provide financial insight in order to assist in formulating and executing a business strategy for the Group
- Proactively manage cash flows for the company and Group
- Manage capital requirements; communicate capital requirements/implications of business decisions to CEO and BOD
Finance Functions:
- Managing lenders, bankers, shareholders and investor relationships
- To provide monthly and periodic reports of sources and utilization of funds for the Group with oversight function of banking mandates of all companies in the Group
- Manage capital requirements; communicate capital requirements/implications of business decisions to CEO and BOD
- Preparing and presenting proposals to potential lenders, venture capitalists, bankers and equity financiers
- Identifying sources of funds and funding requirements (On-shore and Off-shore)
- Securing a facility that meets business requirements
- Overall reduction in the cost of funds and costs associated with doing business
- Developing effective cash flow management strategy and executing the same
- Managing local and foreign supplier relationships to ensure optimum value
- Preparation and presentation of the annual budget
- Optimization of company assets to generate revenue.
Accounts and Taxation Function:
- Managing external auditors’ and tax consultant relationships
- Ensure that financial reports meet minimum standards set by regulatory bodies
- Implement a uniform and standardized accounting package across the Group, including processes
- To ensure financial reporting compliance within the timeline set by the regulatory bodies
- To ensure accurate and precise management reporting across the Group
- To ensure the submission of all required returns in terms of regulatory authority requirements.
Requirements
- Minimum of 5 years as a GCFO in a major commercial/corporate company – a public company would be preferable
- Experience as a ‘Group’ GCFO – a Group of companies with subsidiaries and investment companies
- Experience in developing and managing innovative funding instruments across a group of companies
- Experience in managing public company financial statutory requirements
- Strong knowledge of strategic financial management and ability to build key business partnerships
- Familiarity with public company financial statutory requirements
- Excellent written and oral communication skills, including superior financial and business presentation skills
- Proven track record in developing business plans for funding and other partnerships, and digital appreciation with experience in operating various accounting packages
Working Conditions:
- The potential candidate for this role will primarily work on-site.
Salary (Annual Net)
NGN 14,000,000 - NGN15,000,000 annually.
Method of Application
Interested and qualified candidates should:
Click here to apply online
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