Chief Finance / Risk Officer at Crownrise Finance Plc

Crownrise Finance Plc is a top notch; publicly owned non-bank financial institution managed by a group of upwardly mobile, result oriented and dynamic individuals driven with determination and competence. Over the years, we have built a solid reputation for being reliable and dependable, with INTEGRITY as our watchword. The Company’s success is hinged on teamwork, partnership and the uniqueness and dedication of its people. Crownrise maintains exemplary leadership and strict adherence to regulators’ constituted laws.

We are recruiting to fill the position below:

Job Title: Chief Finance / Risk Officer

Location: Lagos

Job Responsibilities
Financial Analysis & Forecasting:

• Analyze the company’s financial performance by reviewing key metrics, including revenue, expenses, cash flow, and profitability providing forecasts and budget variance analysis.
• Analyze financial information to produce business and economic forecasts to guide decision-making.
• Drive month-end closing by analyzing trial balances, researching general ledger activity, and identifying variances to budget and prior year.
• Revise budgets and closely follow up on collections, payables, stock, sales, and net margin; challenge assumptions and propose revisions as necessary.

Strategic Business Planning:

• Work closely with management to develop long-term business growth plans and financial strategies.
• Analyze current business operations and suggest strategies to improve revenue streams and reduce costs.
• Provide insights on potential expansion opportunities, new revenue models, and operational efficiencies.
• Fundraising:
• Develop financial presentations and pitch decks to attract potential investors and communicate the company’s growth potential.
• Engage with potential investors and stakeholders to present financial models, growth projections, and return on investment (ROI) scenarios.
• Ensure that funds are allocated efficiently, in line with business objectives, and provide reports on the impact of investments.

Investment Planning & Capital Allocation:

• Outline how investments will be used for business growth, including scaling production, expanding into new markets, and enhancing operational efficiency.
• Prepare business cases for investment in new products, marketing campaigns, technology, or other areas that require financial support.
• Provide strategic recommendations on how to utilize raised capital for maximum business impact and revenue growth.

Revenue Growth & Cost Efficiency:

• Identify opportunities for revenue growth through new product lines, market expansion, or improved sales strategies.
• Perform financial modeling to assess the impact of different pricing strategies, marketing campaigns, and partnerships.
• Analyze cost drivers and recommend ways to optimize operational expenses.
• Financial Reporting & Compliance:
• Prepare and present financial reports and dashboards, providing clear insights into the company’s financial performance.
• Prepare variance analyses comparing actual performance to budgeted figures and make recommendations for corrective actions.

Requirements

• Bachelor's Degree in Finance, Accounting, Economics, or a related field.
• Experience in financial analysis, business planning, or similar roles, preferably within the retail or fashion industry.
• Proficiency in financial modeling, forecasting, and analysis tools (e.g., Excel, financial software).
• Strong understanding of financial statements, accounting principles, and business growth strategies.
• Experience in investor relations and fundraising.
• Excellent analytical skills with the ability to interpret data and make actionable recommendations.
• Strong presentation and communication skills, with the ability to explain complex financial information to non-financial stakeholders.
• Experience with business plan development and investment analysis is a plus.
• Age between 45 – 50 years.

Preferred Skills:

• Knowledge of the financial industry and retail financial trends.
• Experience with financial software
• Strong problem-solving skills, with the ability to think critically and strategically.
• Detail-oriented with strong organizational skills and the ability to manage multiple projects simultaneously.

Application Closing Date
3rd December, 2024.