Chief Financial Officer at Elvaridah Limited

At Elvaridah, we emphasize on the critical matters and prospects of organizations such as business growth, strategy, planning, marketing, structure, and people management across different industries. We help companies focus on the growth of their businesses while aligning costs with strategy. With our all-inclusive approach and expertise, we capture values across the boundaries of any organization. Elvaridah focuses on optimizing all the different parts of a business as a unit.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer

Location: Nigeria
Employment Type: Full-time

Job Summary

• As the Chief Financial Officer, you are responsible for directing and overseeing the financial actions of the company, this includes; tracking cash flow and financial planning, analyzing the company’s financial strengths and weaknesses, preparing financial reports and performing effective risk management.
• Your ability in Finance Management will contribute to the Company’s growth.

Key Responsibilities
Financial Strategy Development

• Formulate and execute the company’s financial strategy aligning with the overall company’s objectives
• Assess the financial implications of business decisions and provide strategic financial guidance.
• Identify opportunities for revenue growth, capital efficiency.

Budgeting and Forecasting:

• Oversee the creation of budgets, financial models, and forecasts for informed decision making
• Ensure alignment of budgetary goals with the overall financial strategy.
• Analyze trends, market conditions, and internal factors to make accurate predictions
• Regularly assess actual financial performance against budgeted and forecasted figures.

Risk Management:

• Identify and mitigate financial risks, ensuring resilience against market fluctuations and regulatory changes
• Establish risk management policies and procedures to guide the organization
• Develop contingency plans to respond effectively to identified risks.

Financial Reporting:

• Ensure accurate and timely financial reporting, adhering to accounting standards and regulations
• Clearly communicate financial performance, risks and opportunity.
• Ensure the accuracy and integrity of financial data throughout the reporting process

Audit Oversight:

• Coordinate with internal and external auditors to ensure accurate financial records and compliance with auditing standards.
• Facilitate communication and information exchange throughout the audit process.
• Review Financial statements to ensure they accurately represent the financial position of the company

Treasury Functions:

• Oversee treasury operations, managing investments, debt, and foreign exchange exposure.
• Implement hedging strategies to mitigate the impact of exchange rate fluctuations
• Implement treasury management systems for efficient cash and risk management.

Cash Flow Management:

• Manage cash flow, working capital, and financial obligations to ensure liquidity
• Develop and maintain accurate cash flow forecasts to anticipate future financial needs.
• Implement strategies to optimize working capital, including managing receivables, payables and inventories.

Capital Structure Management:

• Evaluate and optimize the company’s capital structure to support business goals.
• Evaluate the cost of capital and its impact on the overall financial health.
• Evaluate the financial risks associated with the current capital structure.
• 9. Financial planning and analysis
• Conduct in-depth analysis of financial data and market trends to provide strategic insight.
• Translate strategic goals into financial plans and initiatives.

Requirements

• Professional Accounting qualifications with a recognized body and at least 6 years post qualifying experience
• Proficiency in financial fore-casting and budgeting.
• Familiarity in implementing risk management strategies.
• Proven ability to evaluate and optimize the company’s capital structure.
• Experience in debt management, equity financing, and cost of capital analysis.
• In-depth knowledge of financial reporting
• Strong Leadership and Management skills
• Strategic mindset with the ability to align financial initiatives with broader business strategies.
• Excellent communication and interpersonal skills
• Proficiency in using financial software and analytical tools.

Application Closing Date
30th November, 2023.

How to Apply
Interested and qualified candidates should send their CV and Cover Letter to: careers@elvaridah.com using "CFO" as the subject of the mail.