Group Chief Financial Officer at TalentSquare

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 suitably qualified candidates to fill the position below:

Job Title: Group Chief Financial Officer

Location: Victoria Island, Lagos
Employment 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 Conditions:

• The potential candidate for this role will primarily work on-site.

Salary (Annual Net)
NGN 14,000,000 - NGN15,000,000 annually.

Application Closing Date
Not Specified.