Chief Finance Officer (CFO) at WTS Energy

WTS Energy provides recruitment and manpower services for the global oil and gas and energy industries. We supply engineers and consultants to our clients' projects and operations, and perform employment outsourcing services such as workforce management in oil and gas regions around the world. WTS Energy operates globally with offices in 14 countries and is operational in over 50 countries.

We are recruiting to fill the position below:

Job Title: Chief Finance Officer (CFO)

Location: Port Harcourt, Rivers
Employment Type: Full Time

Job Roles / Responsibilities
Financial Strategy and Planning:

• Develop and implement financial strategies aligned with the company’s overall objectives.
• Provide financial guidance to senior management, contributing to the development of the business strategy.

Budgeting and Forecasting:

• Lead the annual budgeting process, ensuring accuracy and alignment with strategic goals.
• Conduct regular financial forecasting to identify potential risks and opportunities.

Financial Reporting:

• Oversee the preparation of accurate and timely financial reports, including profit and loss statements, balance sheets, and cash flow statements.
• Ensure compliance with relevant accounting standards and regulatory requirements.

Risk Management:

• Identify and assess financial risks, proposing mitigation strategies to safeguard company assets.
• Implement effective internal controls to minimize financial and operational risks.

Capital Management:

• Optimize the company’s capital structure to support growth and minimize cost of capital.
• Evaluate and recommend financing options for major projects and investments.

Mergers and Acquisitions (M&A):

• Assess potential M&A opportunities, conducting financial due diligence and providing recommendations to the executive team.
• Lead financial negotiations and integration processes for successful acquisitions.

Cost Management:

• Implement cost control measures and efficiency improvements across various project phases.
• Collaborate with operational teams to optimize project budgets and improve cost-effectiveness.

Financial Compliance:

• Ensure compliance with local and international financial regulations, tax laws, and industry standards.
• Coordinate with external auditors to facilitate annual audits.

Qualifications / Experience
Education:

• Bachelor’s degree in Finance, Accounting, or a related field. A Master’s degree (MBA, MSc) is highly desirable.

Professional Certification:

• ACCA (Certified Chartered Accountant), CFA (Chartered Financial Analyst) or its equivalent professional certification is required.

Experience:

• Minimum of 15 years of progressive financial leadership experience, with at least 5 years in a CFO or similar executive role.
• Experience in the maintenance, installation, construction, and crude refining industries is highly preferred.

Industry Knowledge:

• In-depth understanding of the unique financial challenges and dynamics within the maintenance, installation, construction, and crude refining sectors.
• Experience with international financial reporting standards (IFRS)

Leadership and Communication:

• Proven leadership skills with the ability to effectively communicate financial insights to non-financial stakeholders.
• Strong interpersonal skills and the ability to lead and motivate a finance team.

Analytical Skills:

• Exceptional analytical and problem-solving abilities, with a track record of developing innovative financial solutions.

Adaptability:

• Ability to thrive in a dynamic and challenging environment, adapting to changing business needs and priorities.

Software Proficiency:

• Proficiency    in    financial    modeling    and    analysis    software (e.g., Excel, VBA, Power BI).

Application Closing Date
Not Specified.