Chief Finance Officer Professional4 months ago - Job Offers - Lagos - 133 views
Job Type Full Time
Experience 15 years
Job Field Finance /Accounting / Audit
Establish and ensure day-to-day management of all accounting and financial reporting systems,internal and external regulatory compliance procedures, liquidity management,administration and procurement, budgeting and financial planning, strategic planning, treasury and investment management, tax matters related to the Credit Guarantee Company (CGC), internal and external audits, fundraising and relationship management with all stakeholders
Develop, refine and monitor the CGC’s overall strategy (as approved by the Board) with a particular focus on the financial aspects. Set up, lead and manage the finance,administration, treasury/investments departments.
Duties and Responsibilities
Set up the CGC’s finance and administration function:
Establish and run the finance and administration function in a hands-on fashion initially, before building a team in line with the CGC’s growth.
Create finance &administration structures and processes.
Create and maintain financial modeling and forecasting tools for the CGC;
Create and maintain budgeting tools, including control policies;
Create and maintain all internal and external administration and coordination functions and procedures, including procurement, compliance
In the setting-up environment, the CFO will play an important role in company decision making and will be required to work on a range of projects within finance and administration.
Develop the c policies, procedures and manuals.
Establish and helpmanage relationships with auditors, tax advisors and other stakeholders.
Supervise and manage Finance & Administration Department and its staff;
Direct and lead the preparation of financial reports including weekly, monthly and quarterly financial reports to internal and external stakeholders.
Oversee the implementation of effective financial management systems and controls to ensure the CGC’s assets are adequately safeguarded and accurate and reliable financial reporting is produced;
Ensure accurate and up to date books of accounts are maintained in accordance with relevant national and international standards and requirements;
Check the adequacy of the finance manual & policies, ensure alignment with best practices and Nigeria laws a constant basis, and oversee ongoing development and updating of policies, procedures and manuals;
Planning,coordinating and managing implementation of resources to ensure allocations support the achievement of the CGC’s strategic direction, operating plans and overall objectives;
Check the adequacy of the Treasury and Investment manual & policies and ensure alignment with the CGC’s policies and best practices on a constant basis;
Monitor capitalinvested to ensure maximized returns, adherence to investment guidelines andrisk mitigation;
Ensure the investment programme is in line with investment guidelines approved by the Board and timely reporting of the same.
Fundraising and relationship management with stakeholders:
Support the CEO in developing a fundraising strategy and conducting fundraising for the CGC,mid-term financial planning and longer-term growth strategy;
Develop and maintain strong relationships with key stakeholders.
Regularly participate in management meetings, and carry out any other duties as may be required.
Required Qualifications and Experience
A Degree in Finance/Accounting or Business Administration plus Professional Accounting qualifications such as CPA or ACCA.
A Master's Degree in Business Administration and/or Finance/Accounting will be an added advantage.
At least 15 years in financial management, of which 12 should be in a senior managerial role
Experience working in a development finance institution and background in banking, insurance or trade finance is essential
Experience with credit risk guarantees/insurance and exposure to development issues is desirable.
Prior experience insetting up a finance and administration function would be highly desirable.
Extensive experience with commercial and financial analysis, accounting and accounting systems,internal financial controls, tax administration, revenue management, financial modelling & forecasting, compliance & regulatory issues, and administration functions.
Experience in a fast growing, challenging business environment.
Interested and qualified candidates should send their CV's to: email@example.com