Chief Financial Officer at Teco Group

TECO is a longstanding Nigerian Engineering firm, founded in 1980. We excel in delivering tailored engineering solutions to a wide range of industries throughout Nigeria and the rest of Africa.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer 

Location: Lagos
Employment Type: Full-time

Key Responsibilities
Financial Strategy and Planning:

• Develop and execute the company’s financial strategy, ensuring alignment with business objectives.
• Lead financial planning and analysis (FP&A) to support business decisions.
• Oversee budgeting, forecasting, and long-term financial planning.

Financial Management:

• Ensure the accuracy and timeliness of financial reports, including income statements, balance sheets, and cash flow statements.
• Manage the financial operations of the company, including accounting, tax, treasury, and payroll functions.
• Establish and maintain financial policies, procedures, and internal controls.

Risk Management:

• Identify and mitigate financial risks and ensure compliance with financial regulations and reporting standards.
• Oversee risk management policies, including insurance and risk mitigation strategies.

Investment and Capital Management:

• Manage the company’s capital structure, investments, and relationships with investors, banks, and other financial partners.
• Lead initiatives for fundraising, including debt and equity financing.
• Evaluate and advise on mergers, acquisitions, and other growth opportunities.

Team Leadership and Development:

• Lead and mentor the finance team to ensure high performance and professional growth.
• Promote a collaborative culture that fosters innovation and problem-solving across finance and other departments.
• Establish clear performance goals, benchmarks, and processes for the finance team.

Stakeholder Communication:

• Provide regular updates to the CEO, board of directors, and other stakeholders on the company’s financial performance.
• Communicate complex financial information in a clear and accessible manner to internal and external stakeholders.

Compliance and Governance:

• Ensure compliance with all federal, state, and local regulations and financial reporting requirements.
• Oversee the preparation for audits and manage relationships with external auditors.

Qualifications

• Education: Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field. ACAis required. An MBA, CPA, or other relevant certifications is a plus.
• Experience: At least 10 years of experience in finance, with at least 5 years in a senior leadership position (preferably as a CFO or similar role).
• Technical Skills: Strong knowledge of financial management, accounting principles, corporate finance, risk management, and financial modeling.
• Leadership Skills: Proven track record of leading and developing a high-performing finance team and managing cross-functional teams.
• Strategic Thinking: Ability to think strategically and provide insightful financial guidance to shape business decisions.
• Communication: Exceptional verbal and written communication skills; able to interact with senior management, board members, and external stakeholders.

Key Competencies:

• Strategic Financial Planning
• Risk Management & Compliance
• Financial Reporting & Analysis
• Leadership & Team Management
• Stakeholder Engagement
• Negotiation & Deal-Making
• Strong Business Acumen

Application Closing Date
Not Specified.