Posted on Tue 02nd May, 2023 - hotnigerianjobs.com --- (0 comments)
TalentSquare - Our client is a leading group focused on delivering innovative digital services across a broad range of public and private-sector consumer and business segments, with a particular focus on the consumer segment.
They are recruiting to fill the position below:
Job Title: Group Chief Financial Officer
Location: Lagos
Job Type: Full-time
Reports to: General Managing Director, with a 'dotted line' to the MDs of Subsidiaries
Job Overview
The Group CFO has responsibility for managing financial sustainability, driving financial performance, meeting financial requirements & maximising return on investment.
The role will provide strategic financial advice to the Board of Directors and will play a pivotal role in formulating and implementing financial strategies to achieve the vision and financial performance strategies and measures for the Group.
Key Responsibilities
Strategic Functions:
Providing strategic recommendations to the Board of Directors, CEO/Managing Director and members of the executive management team towards achieving the Group Vision.
Define the Group financial strategy, ensuring alliance with Group strategic objectives and ambitions/vision.
Developing and advising on short to long-term business and financial planning
Establishing and developing relations with senior management, external partners, investors, brokers, financial advisors/consultants and stakeholders
Managing all fundraising and acquisition of capital requirements to achieve the Group vision.
Develop innovative funding strategies in line with the Group’s business
Provide financial insight in order to assist in formulating and executing a business strategy for the Group.
Proactively manage cash flows for the company and Group.
Manage capital requirements; communicate capital requirements/implications of business decisions to CEO and BOD.
Finance Functions:
Managing lenders, bankers, shareholders and investor relationships.
To provide monthly and periodic reports of sources and utilization of funds for the Group with oversight function of banking mandates of all companies in the Group
Manage capital requirements; communicate capital requirements/implications of business decisions to CEO and BOD.
Preparing and presenting proposals to potential lenders, venture capitalists, bankers and equity financiers.
Identifying sources of funds and funding requirements (On-shore and Off-shore)
Securing a facility that meets business requirements.
Overall reduction in the cost of funds and costs associated with doing business
Developing effective cash flow management strategy and executing the same
Managing local and foreign supplier relationships to ensure optimum value
Preparation and presentation of the annual budget.
Optimization of company assets to generate revenue.
Accounts and Taxation Function:
Managing external auditors’ and tax consultant relationships.
Ensure that financial reports meet minimum standards set by regulatory bodies
Implement a uniform and standardized accounting package across the Group, including processes.
To ensure financial reporting compliance within the timeline set by the regulatory bodies.
To ensure accurate and precise management reporting across the Group.
To ensure the submission of all required returns in terms of regulatory authority requirements.
Requirements
Minimum of 5 years as a GCFO in a major commercial/corporate company - a public company would be preferable.
Experience as a ‘Group’ GCFO - a Group of companies with subsidiaries and investment companies.
Experience in developing and managing innovative funding instruments across a group of companies.
Experience in managing public company financial statutory requirements
Strong knowledge of strategic financial management and ability to build key business partnerships.
Familiarity with public company financial statutory requirements
Excellent written and oral communication skills, including superior financial and business presentation skills.
Proven track record in developing business plans for funding and other partnerships, and digital appreciation with experience in operating various accounting packages.
Working Condition:
The potential candidate for this role will primarily work on-site.