Group Chief Finance Officer at a Leading Indigenous and Fully Integrated Energy Company - Workforce Group

Workforce Group - Our client is a leading indigenous and fully integrated energy company in Nigeria. With a strong presence in the oil marketing and trading industry, they offer comprehensive services tailored to meet the society’s needs. Their expertise spans supply, distribution, trading, and logistics, ensuring seamless operations and exceptional value for their teeming clients.

We are recruiting to fill the position below:

Job Title: Group Chief Finance Officer

Location: Ikoyi, Lagos
Employment Type: Full-time
Reports to: Group CEO
Job Level: Executive Management
Skill Group: Finance and Accounts

Description

• We are seeking a seasoned and experienced Chief Finance Officer who will provide leadership in managing and supporting the best practice in financial accounting, tax/fiscal planning, and overall treasury operations management, including short term liquidity and long-term solvency of the organization at an acceptable cost and risk.

Responsibilities

• Engage executive management and the appropriate board committee to develop short, medium, and long-term financial plans and projections for Matrix businesses.
• Develop and utilize financial models and activity-based financial analysis to provide a basis for investment decisions and business planning.
• Oversee accounting operations of all Matrix Energy subsidiaries including GL, Cost Accounting, Inventory Accounting and Revenue Recognition.
• Manage Matrix’s treasury assets to achieve optimal sourcing, application, and growth of funds.
• Manage key banking relationships to facilitate timely and cost-effective funding of business operations.
• Implement a sound accounting framework in compliance with statutory provisions.
• Develop and implement a robust and reliable financial reporting system in compliance with statutory requirements.
• Ensure that adequate controls are in place to facilitate a seamless payment system.
• Approve accruals and adjustments on erroneously posted financial transactions into the financial system.
• Liaise with external auditors to discuss and resolve queries as they arise to ensure a seamless audit exercise.
• Develop and maintain relationships with relevant external bodies/contacts e.g. regulatory organizations auditors, solicitors, banks etc.
• Respond to relevant requests from financial institutions.
• Ensure adequate support is available to the Head of Human Resources to ensure an effective payroll system is in place for the timely payment of staff salaries.
• Advise executive management on changes in financial regulations, legislation, and government tariffs.
• Manage day-to-day accounting transactions and provide leadership to Matrix’s Finance Department
• Manage the performance of staff in the Finance Department and provide operational approvals as required to the unit.
• Review weekly financial reports submitted by business units and present timely reports to the Board as required.

Qualifications

• Bachelor's Degree in Accounting or Banking and Finance
• Minimum of 17 Years post-qualification experience in finance and accounting.
• A master’s degree in Finance or an MBA.
• ICAN/ACCA certification.
• Must have applicable knowledge of International Financial Reporting Standards (IFRS).

Skills:

• Proven experience in strategic planning and execution.
• Knowledge of finance, accounting, budgeting, and cost control principles including generally accepted accounting principles in an Oil and Gas, Banking and FMCG.
• Knowledge of automated financial and accounting reporting systems.
• Must be objective, reliable and must be able to give strategic advice.
• Ability to analyze financial data and prepare financial reports, statements, and projections.
• Demonstrate a high level of integrity to be able to adhere to regulations and drive total compliance.
• Ability to lead and influence others to do the right thing.
• Effective and explicit communication skills in both oral and written forms.
• Strong organizational skills, ability to prioritize tasks, possess resilience and calmness even under pressure

Salary Budget
N4,000,0000 / Month (Gross)

Application Closing Date
5th October, 2024.