Posted on Fri 13th Mar, 2015 - hotnigerianjobs.com --- (0 comments)
Box & Cedar - Our client, a leading Oil and Gas company, is recruiting to fill the position of:
Job Title: Chief Finance Officer
Location: Lagos
Job Type: Full Time
Job Duties/ Responsibilities/ Accountabilities
Develops and implements effective financial strategies, controls framework and management systems to guide and support the company's business operations.
Inabilities and applies approved performance metrics related to the monitoring the financial health and cost-effectiveness of company operation, evidenced by ability to provide facts - based updates to the board and company executive management.
Liaise with other line managers, providing consultative support to planning initiatives through financial and management information analysis, reports, and recommendations.
Monitors the implementation of all business unit business unit budgets in relation to actual expenditures and income, including the analysis of the quality and performance of ongoing activities in order to proactively identify potential performance problems and prepare timely financial and performance reports to the company's executive management.
Provides financial advice on the company's short, medium, and long term cash funding risk situation to the company's CEO and management.
Implements Board and Management financial policies inline with approved financial procedures and generally accepted Financial/Accounting practices and statutory requirement.
Coordinates the preparation of the company's annual budget, monitors and reports performance against targets.
Prepares periodic statutory and management information reports.
Oversees bank and creditor relationship management.
Develops and implements strategies for accessing and securing funds at cost-effective rates.
Develops and coordinates the implementation of finance function performance targets and service standards via a service level agreement.
Manages foreign exchange risks and interest rate exposures and escalates issues to executive management.
Presents monthly financial performance reports of company to the executive management team.
Provides overall coordination and direction of all activates of the company's finance function.
Performance Measures
Company profitability / Economic Value Added (ongoing goal) 30 - 50 %
Budget variances
Management information reporting
Achievement of Targets
Optimization of asset turnover
Cash flow and liquidity position
Cost management
Level of tax burden
Cost of funds
Loan portfolios and conditions timeliness and accuracy of financial reports
Fraud levels
Financial losses
Minimum Qualification
A good University Degree.
Master's Degrees in Business Administration preferably finance option.
Relevant professional qualification e.g. ICAN or ACCA.
Minimum of 12 years post-graduation experience with at least 6 years at senior management level in the industry preferably starting career with audit firm.
Knowledge & Skills
Numeric skills
Analytical Skills
Interpersonal Skills
IT Skills
Technical Skills
Communication Skills
Ability to manage risk skill
Excellent organizational skills used in planning own work.
Leadership
Performance management
Planning control
Relationship management
Supervision/ coaching
Negotiation
Business management
Proven track record
Decision support
Financial Management
Financial analysis and modeling
Treasury and corporate finance
Management /Financial accounting
Tax management
Investment and portfolio management
Budget and financial management
Project finance
Investment planning
Performance monitoring and evaluation
Balance sheet / treasury management
Implementation of activity based cost accounting
Payroll management
Financial reporting
Financial control
Knowledge and experience in launching company to capital markets especially onshore and off shore oil and gas companies.