Chief Financial Officer (CFO) at Domeo Resources International (DRI)

Domeo Resources International (DRI) - Our client is recruiting to fill the position below:

Job Title: Chief Financial Officer (CFO)

Location: Lagos
Reports to: Chairman of the Group
Direct Reports: Financial Controllers & Accountants

Main Function

• The CFO will oversee the financial operations of the organization, providing strategic financial leadership to drive the organization’s financial performance and growth. 
• This role is responsible for developing and implementing financial strategies, managing budgets, optimizing the financial structure, and ensuring compliance with regulatory requirements.

Job Responsibilities
Strategic Financial Leadership:

• Develop and execute financial strategies to achieve the Group’s business objectives.
• Provide financial insights and recommendations to the Chairman and Board of Directors to support strategic decision-making.
• Identify growth opportunities, including potential investments, mergers, and acquisitions.

Financial Planning and Analysis:

• Lead the preparation of annual budgets, forecasts, and financial models.
• Analyze financial data to identify trends, risks, and opportunities.
• Monitor key performance indicators (KPIs) to evaluate financial performance.

Accounting and Reporting:

• Oversee the preparation of accurate and timely financial reports, including monthly, quarterly, and annual statements.
• Ensure compliance with accounting standards, tax regulations, and corporate governance requirements.
• Coordinate with external auditors for annual audits and ensure timely resolution of audit findings.

Treasury and Cash Management:

• Manage the Group’s liquidity, cash flow, and capital structure to optimize financial health.
• Oversee debt management, including negotiations with financial institutions for loans and credit facilities.
• Develop and maintain relationships with banks, investors, and other financial stakeholders.

Risk Management and Compliance:

• Identify financial risks and implement mitigation strategies.
• Ensure compliance with all financial regulations, laws, and internal policies.
• Maintain robust internal controls to safeguard the Group’s assets

Leadership and Team Development:

• Lead, mentor, and manage the finance team to achieve high levels of performance.
• Foster a culture of continuous improvement, innovation, and accountability within the department.
• Ensure knowledge sharing and training for team members to enhance financial expertise.

Qualifications
Education and Certifications:

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• A Master’s degree or MBA is an advantage.
• Professional certifications such as ACCA, ACA, CPA, or CFA are mandatory

Experience:

• Minimum of 10 years of senior financial management experience, with at least 5 years in a CFO or equivalent role.
• Experience in diverse industries, including FMCG, Oil and Gas, or Hospitality, is an advantage.

Skills:
Strategic Thinking and Leadership:

• Ability to align financial strategies with business goals.
• Exceptional decision-making and problem-solving abilities.

Technical Financial Expertise:

• Proficiency in financial modeling, analysis, and reporting.
• Strong understanding of IFRS, tax laws, and corporate governance.

Communication and Interpersonal Skills:

• Strong presentation skills with the ability to communicate complex financial information clearly.
• Ability to build relationships with internal and external stakeholders.

Technology Proficiency:

• Familiarity with ERP systems and advanced financial software tools.

Application Closing Date
24th May, 2025.

Method of Application
Interested and qualified candidates should forward their CVs and Cover Letters to: recruitment@domeoresources.org using "Chief Financial Officer (CFO)" as the subject of mail.

Note: Only shortlisted candidates will be contacted.