Chief Financial Officer 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 Financial Officer

Location: Lagos
Employment Type: Full Time

Job Summary

• The CFO is responsible for managing and monitoring all financial aspects of the organization, including Financial Planning, Risk Management, oversight of accounting and reporting activities, and ensuring compliance with financial legislation.
• He contributes to the development and implementation of the long-term financial strategy to support the company’s growth and sustainability objectives.

Main Responsibilities
Financial Strategy:

• Development and implementation of the company’s financial strategy.
• Evaluation of investment opportunities and capital structuring.
• Proposing solutions to improve financial performance,
• Ensuring long-term financial sustainability and growth.

Financial Planning and Analysis:

• Coordination of the budgeting and forecasting process.
• Monitoring financial performance and carrying out financial analyzes (cash flow, profitability, etc.).
• Implementation and maintenance of financial reporting systems.

Risk Management:

• Identifying, evaluating and managing financial risks (including liquidity, currency, credit risks).
• Development and implementation of financial risk management policies.

Financial Reporting:

• Ensuring the correct and timely preparation of financial statements, in accordance with local and international accounting standards.
• Preparing quarterly and annual financial reports for management, the board of directors and investors.

Treasury Management:

• Monitoring cash flows and managing the company’s liquidity.
• Developing and implementing working capital policies and managing relationships with banks and financial institutions.

Audit and Compliance:

• Supervising the internal and external audit process.
• Ensuring compliance with applicable financial and fiscal regulations.
• Oversight and implementation of compliance and corporate governance measures.

Team Development:

• Coordination and development of teams in the financial department.
• Establishing performance objectives and periodic evaluation of the team.

Relationship with Investors:

• Communicating and maintaining relationships with investors, shareholders and financial analysts.
• Preparing presentations for investor meetings and attending financial conferences.

Educational Qualification and Skills

• University Degree in Finance, Accounting, Economics or similar fields.
• Professional certification (e.g. ACCA, CPA, CFA).
• Minimum 8-10 years of experience in the financial field, of which at least 5 years in a management position.
• Experience managing finance teams and investor relations.
• Sound knowledge in financial accounting, financial management, treasury, financial analysis and risk management.
• Ability to analyze complex data and make informed strategic decisions.
• Advanced knowledge of local and international tax and financial legislation.
• Leadership and the ability to manage and motivate diverse teams.
• Excellent communication and relationship skills.
• Ability to work under pressure and make quick decisions.

Application Closing Date
Not Specified.