Alan & Grant - Our work is focused on creating innovative HR and Organizational Development Solutions aimed at Performance Improvement & Business Growth. We currently serve clients across various sectors of the Economy from locations in Jos, Port Harcourt and Lagos.
We are recruiting to fill the position below:
Job Title: Chief Financial Officer
Location: Lagos
Employment Type: Full Time
Term of Appointment: Fixed term of 5 years, renewable subject to performance and Board approval.
Project Overview
The Project has been established to plan, finance, deliver, operate, and maintain a 71-km highway. The project aims to enhance regional infrastructure, foster economic growth, and deliver long-term sustainable development.
The Chief Financial Officer (CFO) is a key member of the executive leadership team, responsible for overseeing the financial management, funding strategy, and fiscal sustainability of the project.
Purpose of the Role
The CFO will lead LLHL’s financial strategy, ensuring the efficient allocation of resources, robust financial controls, and sustainable funding.
The CFO will oversee all financial operations, including budgeting, financial reporting, procurement, and funding arrangements, while ensuring compliance with regulatory and governance requirements.
Key Responsibilities
Financial Strategy and Planning:
Develop and implement LLHL’s long-term financial strategy in alignment with the company’s goals and project timelines.
Lead the financial planning process, including budgeting, forecasting, and scenario analysis to support decision-making.
Advise the CEO and Board on the financial implications of strategic initiatives and operational decisions.
Funding and Capital Management:
Develop and execute funding strategies to secure financing from diverse sources, including equity, debt, and public-private partnerships (PPPs).
Engage with investors, lenders, and financial institutions to secure favorable terms for the project.
Monitor and manage the capital structure, ensuring an optimal mix of debt and equity to support project sustainability.
Financial Operations and Control:
Establish and oversee robust financial management systems, ensuring efficient cash flow management and cost control.
Implement effective internal controls, accounting policies, and procedures to safeguard LLHL’s assets.
Ensure the timely preparation of accurate financial reports, including profit and loss statements, balance sheets, and cash flow statements.
Risk Management and Compliance:
Identify and mitigate financial risks, including currency fluctuations, interest rate risks, and cost overruns.
Ensure compliance with applicable financial regulations, tax laws, and corporate governance standards in Nigeria and internationally.
Develop risk management frameworks to address project-specific financial and operational challenges.
Procurement Oversight:
Oversee procurement strategies and processes to ensure cost-efficiency, transparency, and compliance with procurement regulations.
Ensure vendor and contractor payments align with project milestones and contractual obligations.
Stakeholder Engagement:
Serve as a key point of contact for financial stakeholders, including shareholders, lenders, investors, and regulatory bodies.
Prepare and present financial updates, forecasts, and performance reports to the Board, executive team, and external stakeholders.
Build strong relationships with financial partners to ensure continued support for LLHL.
Leadership and Team Development:
Lead and mentor the finance team, fostering a culture of accountability, collaboration, and excellence.
Build capacity within the finance department, ensuring the team has the skills and resources to meet project demands.
Key Deliverables
Robust financial strategy and successful funding arrangements to support project delivery.
Accurate and timely financial reporting to the Board and stakeholders.
Effective cost management, ensuring the project remains within budget.
Compliance with all financial regulations and governance standards.
Strong relationships with financial stakeholders, securing long-term financial sustainability for the LLHL.
Qualifications and Experience
Professional qualifications such as CPA, ACCA, ICAN, CFA, or equivalent are highly desirable.
Proven experience as a CFO or senior financial executive in large-scale infrastructure projects, preferably in emerging markets.
Expertise in project financing, including PPPs, equity/debt financing, and risk management.
Strong understanding of infrastructure development, construction financing, and land development economics.
Familiarity with Nigerian regulatory frameworks, tax laws, and international financial reporting standards (IFRS).
Demonstrated ability to engage with investors, lenders, and other financial stakeholders effectively.
Key Skills:
Strategic financial leadership and planning.
Advanced knowledge of project finance and capital markets.
Exceptional analytical and problem-solving skills.
Strong stakeholder management and negotiation skills.
Excellent communication and presentation skills.
Ability to lead and motivate diverse teams in a high-pressure environment.