Group Chief Finance Officer at an International Conglomerate – Adexen Recruitment Agency

Adexen Recruitment Agency was mandated by an international conglomerate to recruit an experienced individual for its operations in the position below:

Job Title: Group Chief Finance Officer

Location: Lagos
Employment Type: Full time
Industry: Industry & Manufacturing
Job Seniority: Director
Job Category: Accounting and Finance

Responsibilities

  • This role provides the leadership and expertise to the group on finance function and supports the achievement of vision for the group.
  • The role is responsible for financial strategy and strengthens group companies finances to deliver their business vision.
  • The role is expected to manage financial health of the companies and help them create value for the stakeholders.
  • The key objective is to build net-worth and value in each group company
  • Develops the financial strategy which will meet the vision and net-worth and health goals set by the board of directors.
  • Define the “extent of problem”, possible alternatives to resolve them with advantages and disadvantages of the alternatives. Drives the “buy-in” of the Board for the appropriate option.
  • Draws the roadmap for execution of the selected option with key milestones and timelines.
  • Creates a Dashboard to update the progress on the plan against the targets.
  • Builds relationships with banks at decision making level to position the group as a key customer.
  • Drives the fulfillment of funds requirement of all group companies for their operations and growth (investment) requirements.
  • Ensures the cost of funds is optimized.
  • Create strategy and processes to ensure right mix of local and foreign currency funds to get lower cost of finance and minimize currency risks.
  • Explore funds from the Central Bank of Nigeria (CBN), wherever possible.
  • Identify, explore, and avail alternate sources of funds like international institutions, PE, and DFIs and think and create innovative instruments for funding.
  • Understands and develops plan to manage the applicable Taxation framework for the group, and all group companies.
  • Works with Tax advisors to implement the agreed taxation compliance road map.
  • Builds relationships with relevant government authorities at the decision-making levels.
  • Actively works and innovates on minimizing the tax liabilities for the group companies and the group.
  • Supervises the Group Financial Controller (GFC) to builds fiscal discipline, financial accounting, control, and reporting across all the group companies.
  • Supervises the group budgetary process.
  • Drives the team to create standardized and automated processes to efficiently report financials.
  • Manages cash flows, drives operational efficiencies, and reduce working capital requirements in group companies.
  • Manages external and internal audits to ensure compliance to statutory and group standards.
  • Drives the automation and system utilization to reduce manual work in the finance and accounts teams across the group.

Desired Skills and Experience

  • Bachelor’s Degree in Accounting & Finance from a recognized university
  • MBA is a plus
  • Minimum of 10 years experience of leading and managing the finance department of large-to-mid sized group / organization.
  • Deep and wide finance function knowledge of at least 3-4 areas. (Corporate/ Investment finance, commercial, Banking & Treasury, Accounting & Internal Control, Taxation, Governance & risk)
  • Experience of working in Nigeria, Network and existing relationship with Banks, and Government Authorities
  • Experience of managing B/S and P/L.
  • Experience of structuring B/S.
  • Experience of managing stakeholders.
  • Mature, high EQ, pragmatic, flexible approach, and strong commercial judgment.
  • Structured approach, problem solving ability and analytical skills.
  • Excellent communication skills
  • Team management & interpersonal skills.
  • Positive, strong work ethics, and ability to prioritize.

Skills:

  • Compliance
  • Tax
  • Auditing
  • Banking
  • Corporate Finance
  • Forecasting
  • Financial Analysis
  • Financial Reporting
  • Leadership, Finance
  • Team Management
  • Shared Services
  • Governance.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note: We thank all applicants, however, only those selected will be contacted.

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