Chief Financial Officer at Kloverharris Limited

Kloverharris Limited is a Human resource / IT Consulting company that provides high quality services to businesses across Africa. We pride ourselves in how well we assist organizations overcome challenges that bother on optimal performance by proffering a wide array of solutions through the use of deep IT expertise, industry- wide expertise and highly proficient tools.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer

Location: Victoria Island, Lagos
Employment Type: Full-time
Reporting Line: CEO / Board of Directors

Job Summary

• Manage all the financial concerns of the business including planning, forecasting, budgeting and treasury management.
• Also, ensure timely and up to date management reports and financial statements.
• The ideal candidate will be responsible for the financial analysis of the company as well as providing financial information to top management that is sure to aid strategic business decisions.

Responsibilities

• Provide leadership, direction and management of the finance and accounting team
• Manage the processes for financial forecasting and budget planning
• Risk management - Provide advice to management on effective ways of mitigating operational, financial and reputational risk
• Handle all compliance matters within the organization, Tax, Legal and regulatory
• Responsible for cutting costs, improving productivity and assisting in developing sound pricing strategies
• Work within the organization to build relationships with other functional areas to determine what their needs and opportunities for growth are
• Represent the company externally to bankers and investors to harness opportunities the company has for growth
• Identify business challenges and proffer the right solutions
• Develop and implement strategies for the organization to achieve its set goals and objectives
• Advisory on long-term business and financial planning with the aim of driving profitability
• Preparation of the organization’s reconciliation statements
• Ensure timely lodgments of cash and cheque receipts to the company’s bank accounts and Maintain relationship and interface with the company’s bankers
• Obtain and manage investor relations
• Oversee the preparation of all financial reporting statements
• Ensure that all expenditures are ratified/verified by the internal control unit
• Oversee the preparation and updates of VAT payable schedules on a monthly basis
• Generation of debtors/creditors’ monthly report
• Preparation and updating of fixed assets register and fixed assets disposal register
• Computation of monthly depreciation to be charged to profit and loss account.
• Oversee the preparation and update of creditors, provision and accruals schedules
• Oversee the preparation and update of rental income schedule on a monthly basis
• Generation of the following reports on a monthly basis:
  • Profit and Loss Report
  • Balance Sheet
  • Trial Balance
  • Nominal Ledger
  • Journals
  • Management Report
• Preparation of monthly management accounts and schedules supporting the balances.
• Carry out monthly analysis of the business
• Any other assignments were given by management.

Qualifications

• First Degree in Finance, Investment Management, Business Administration, Economics or Accounting.
• Professional Accreditation (ACA), CFA
• 8 - 10 years cognate work experience as a Financial or Banking or Management Accountant
• The last 3 - 4 years of which must have been in a management role within a reputable and structured organisation (financial institution, trading business etc.)

Knowledge & Skills Required:

• Construction Industry Dynamics
• Foreign Exchange and Money Markets
• Business & Financial Strategy Development and Execution
• Finance & Investment Management
• Advanced Financial & Management Accounting
• Taxation
• Assets & Liabilities Management
• Networking & Relationship Management
• Negotiations
• Business Performance Monitoring and Reporting
• Judgment, decisiveness and self-discipline
• Good financial, analytical, organizational, creative and coordinating skills
• Ability to display strategic capability and initiative
• Provide leadership and direction to team members
• Good understanding of relevant accounting packages
• Excellent interpersonal/communication skills
• Good reporting skills
• Proficiency in Microsoft office.

Application Closing Date
1st December, 2021.