Chief Financial Officer at Bureau Veritas

Bureau Veritas is a world leader in testing, inspection and certification services (TIC). Bureau Veritas is a Business to Business to Society service company that contributes to positively transforming the world we live in. We work closely with our clients to address the critical challenges they face and to link these to the emerging aspirations of society. We play a pivotal role in building and protecting companies' reputations, supporting them as they forge the foundations of trust that is built to last.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer

Job ID: 183945
Location: Lagos
Job type: Full time
Category: Finance & Accounting

Accountabilites
Finance:

• Provide Finance Leadership and management oversight.
• Manage the Nigeria financial reporting, financial analysis, cash flow,
• AD50 reporting as well as the yearly budget and forecasts.
• Analysing financial data and providing strategic advice to the company on investment with high potential.
• Monitoring Expenditure against budget through robust internal control.
• Reinforce internal controls
• Responsible of the review and accuracy of the balance sheets in the district
• Drive cost efficiencies throughout Nigeria
• Support CCE during the forecast and budget process as well as in investment decisions and Engagement Committees
• Ensure alignment to  the Group’s financials and Financial requirements
• Making sure all processes and procedures  are in place and strictly respected.
• Ensure Compliance with International and local statutory and legal requirements and group guidelines , including Ethics and Risk management
• Leadership role in cash collection Ensure cash is collected and reduced overdue.
• Leadership role during tax controls and making sure tax risk is at minima for the Country
• Managing cash and making sure cash transfers are regularly made to BV network and head office
• Train and develop the team to achieve operational excellence.

Finance:

• Provide Finance Leadership and management oversight.
• Manage the Nigeria financial reporting, financial analysis, cash flow ,
• AD50 reporting as well as the yearly budget and forecasts.
• Analysing financial data and providing strategic advice to the company on investment with high potential.
• Monitoring Expenditure against budget through robust internal control.
• Reinforce internal controls
• Responsible of the review and accuracy of the balance sheets in the
• district
• Drive cost efficiencies throughout Nigeria
• Support CCE during the forecast and budget process as well as in investment decisions and Engagement Committees
• Ensure alignment to  the Group’s financials and Financial requirements
• Making sure all processes and procedures  are in place and strictly respected.
• Ensure Compliance with International and local statutory and legal requirements and group guidelines , including Ethics and Risk management
• Leadership role in cash collection 
• Ensure cash is collected and reduced overdue.
• Leadership role during tax controls and making sure tax risk is at minima for the Country
• Managing cash and making sure cash transfers are regularly made to BV network and head office
• Train and develop the team to achieve operational excellence.

General Accounting:

• Ensure that all reporting requirements are met as per the prescribed reporting calendar – Revenue/ Production/ OP /Cash.
• Ensure that all revenues/expenses are captured correctly, posted in the correct periods, Business Units and that all variances against the budget are explained.
• Prepare weekly cash and revenue projections.
• Liaise with Area on preparation of annual budget as well as update of quarterly forecasts.
• Ensure use of cash and balances is at minimum as per the BV Policy
• Authorise payment vouchers, TTs.
• Carry out a job by job analysis to ensure that all costs are accounted for and some profitability is recorded.
• Ensure that all audit adjustments are processed on the statutory TB once the audited FS is approved.
• Ensure bank mandates as per the BV policies.
• Monitor the efficiency in invoicing and maintain credit notes levels at minimum. 
• Prepare/compile Monthly Business Review pack.
• Carry out risk management reviews and implement risk mitigation procedures.
• Review payroll files prior to release of funds. 
• Support month-end and year-end close process
• Perform all others task assigned by CCE/ Area CFO.

Procurement / General Services:

• Register all suppliers/vendors as per BV procedures
• Negotiate yearly contracts at good prices
• Streamline processes
• Provide support functions to other Group activities.

Key Performance Indicators

• Revenue, OP and Cash Flow level
• Submitting timely & Accurate Monthly reporting
• Establish internal controls
• Level of cash trapped locally
• Effective and proactive day to day communication with CCE on Financial management of the country 
• Liaise with Auditors/Tax Consultants and Authorities by submitting accurate returns/reports
• Clean Balance Sheets for the company
• DSO and CIDS below target
• Succession Plan
• Savings achieved on Procurement.
• TAT to deliver to internal clients
• Internal client satisfaction.

Minimum Education, Experience, and other Requirements

• Minimum of a Bachelor Degree in Finance / Accounting
• Diploma or degree in Management
• Must have min. 5 years of Finance and management experience, ideally in multinationals organizations.
• Good communication skills (verbal and written) in English. Another language like French is a plus
• Registered Accountant
• ICAN Fellowship.

Key Skiils:

• Proficiency in IFRS requirements
• Data analysis
• Project management
• Knowledge of Accounting system on ORACLE (FLEX) is a plus
• Work in Team
• MO365 Proficient (excel, powerpoint, Power BI,...).

Key Behaviours:

• Commitment to the company’s Core Values, Code of Ethics and ‘3 Absolutes’.
• Strong communication with both superiors and team
• Ability and drive to solve practical problems
• Highly Structured and organized
• Ability to propose and execute solutions
• Excellent multitasking skills.

Application Closing Date
Not Specified.