Chief Finance Officer at PricewaterhouseCooper (PwC)

PricewaterhouseCooper (PwC) - Our client is one of Nigeria's foremost insurance companies. The company is a provider of General and Life Insurance. In line with its desire to ensure that key roles are filled by best-in-class talent, with the requisite skills and experience, the Company seeks to recruit a suitably qualified candidates to fill the position below:

Job Title: Chief Finance Officer

Reference Number: 130-PEO01114
Location: Lagos
Job Type: Permanent

Job Description

• Our client seeks a visionary, inspirational and strategic leader to run the finance operations of the organization.
• An outstanding communicator and coalition-builder, knowledgeable about business and health, with the standing, respect and authenticity to influence and close large deals with high-net worth individuals and corporations.
• He/she must be entrepreneurial, flexible and adaptable, with superior business acumen that enables swift development and execution of ideas and plans.
• Strong consulting and project management experience is essential, along with the ability to inspire trust, confidence and collaboration across a diverse community of stakeholders.
• He/she should be a passionate advocate, catalyst and change agent, building and driving a small high-performance team, towards quality execution and financial sustainability.

Duties and Responsibilities
Business Strategy:

• Leads the creation of a fully active and invested network of African companies.
• Contributes to the formation of the Business Strategy and ensures that all financial policies, procedures and systems are sound.
• Overseas the preparation of Annual Operating Plan, Business Financial Plan and Analytics.
• Using appropriate forecasting tool, ensures that adequate measures are factored to achieve business objects.
• Provides financial direction, planning and accounting to the business, covering short term and long-term financial goals.

Liquidity & Treasury Management:

• Ensures that optimal liquidity is available to deliver business plan.
• Negotiates/arranges external finance, when necessary.
• Reviews working capital/cash flow requirement on a regular basis
• Monitors banking activities for the entire Group for proper running and ensure regular reconciliations of all banking transactions with the cash books.

Budgeting and Financial Forecast:

• Develops plans, budgets, forecasts and financial results to guide management decisions by forecasting requirements; analyzing variances and initiating corrective actions.
• Presents operating and capital expenditure budgets for review and approval.

Financial Analysis & Interpretation:

• Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
• Responsible for presenting and reporting accurate and timely historical financial information of the Group (Company and subsidiaries)
• Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements
• Coordination of financial reports coming from companies (subsidiaries and associate) within the Group.
• Should be able to demonstrate understanding of insurance financials as well as advanced business finance and performance analysis.

Regulatory & Statutory Relationship:

• Oversee the coordination and activities of independent auditors (Internal and External Auditors)
• Coordinates regulatory and supervisory functions
• Manages relationship with regulatory and statutory bodies, i.e. NAICOM, FIRS, Lagos State Internal revenue Service, etc.

Internal Control & Monitoring:

• Ensures adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.
• Possesses versatile ability to handle various business applications within the Group
• Oversees all control and monitoring activities and personnel to achieve proper coordination

People Management:

• Oversees activities of employees and teams (i.e. hires, coaches, appraises rewards, motivates, discipline, etc).
• Works through HODs in setting standards, priorities and schedules.
• Responsible for employee engagement within the Finance Group.

Required Qualifications and Experience

• Bachelor's Degree in Accounting or a Finance related field.
• Must be BOTH a qualified /certified Accountant ACA and a CFA charterholder
• Minimum of 15 years financial experience, with at least 5 years in Senior Financial Management capacity spanning Corporate, Business Planning, Revenue Assurance, Treasury Management and Accounting with excellent knowledge of insurance Business.
• Demonstrable understanding of insurance financials as well as advanced business finance and performance analysis.
• Knowledge of statutory and regulatory issues as well as global best practices.

Skills and Competencies:

• Strong budget and management skills, including proven ability to manage project/process.
• Ability to adapt to change quickly and multi-task.
• Excellent ability as a consultant/negotiator to influence company senior management.
• Ability to deal with ambiguity, tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment.
• High degree of professionalism, maturity and confidentiality.
• Strong oral, written interpersonal and presentation skills.
• Strong People skills- Building Collaborative Relationships, highly developed, demonstrated teamwork skill.
• Demonstrated ability to see the big picture and provide useful and strategic advice and input across the company and on the executive team.
• Creative and forward-thinking skill.
• Strong analytical and problem-solving skills.
• Ability to work within and manage a team of professional, guiding and coordinating towards achieving common objectives.
• Strong Leadership skills.
• Strong ethics.

Application Closing Date
Not Specified.

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