Tailored Talent - Our client is recruiting to fill the position below:
Job Title: Fractional CFO
Location: Lagos
Employment Type: Full-time
Job Overview
Our client is seeking an experienced Fractional CFO to join their leadership team on a part-time basis.
This is a strategic role designed to build the financial foundation that will enable their next phase of growth while developing their existing finance team leader into a world-class finance professional.
Key Responsibilities
Financial Systems & Infrastructure:
Design and implement scalable financial systems, processes, and controls appropriate for our growth stage.
Establish best-in-class financial reporting frameworks and dashboards for real-time business insights.
Set up robust forecasting, budgeting, and cash flow management processes.
Implement appropriate accounting software and tools to support operational efficiency, specifically focusing on the integration of Zoho Books ERP with financial reporting modules.
Create standardized financial policies and procedures documentation.
Strategic Financial Leadership:
Serve as a trusted advisor to the CEO and leadership team on all financial matters.
Develop financial models to support strategic decision-making and growth initiatives.
Lead financial planning and analysis to identify opportunities and risks.
Provide guidance on capital allocation, pricing strategies, and unit economics.
Support fundraising efforts or investor relations as needed.
Develop the financial business case (Capex/Opex/ROI) and build the financial tracking model for achieving the Value Chain Control (VCC) 65% goal.
Team Development & Mentorship:
Mentor and develop our existing Finance Team, building their capabilities and confidence.
Provide hands-on coaching on technical accounting, financial analysis, and strategic finance.
Help structure the finance function for scale, including roles, responsibilities, and career paths.
Transfer knowledge and best practices to build long-term institutional capability.
Foster a high-performance finance culture focused on accuracy, insights, and partnership.
Operational Excellence:
Ensure compliance with accounting standards, tax regulations, and statutory requirements.
Optimize working capital management and radically improve the Cash Conversion Cycle (CCC) by solving core Accounts Receivable (AR) delays.
Review and improve vendor relationships, payment terms, and procurement processes.
Identify and implement cost optimization opportunities without compromising growth.
What Success Looks Like
Within 90 Days:
Reduce the Accounts Receivable (AR) Days from 102 days to 30 days.
Financial systems roadmap developed and implementation begun.
Current state assessment completed with priority recommendations.
Strong working relationship established with Finance Team Lead.
Monthly reporting cadence and KPIs established.
Within 6 Months:
VCC Financial Roadmap: Deliver a detailed, board-ready financial plan (Capex, Opex, ROI) for establishing the vertical Integration (Production/Manufacturer sourcing), outlining the capital strategy to reach 65% VCC.
Core financial systems operational and delivering reliable data.
Finance Team Lead demonstrably more confident and capable.
Finance Team Lead is independently managing monthly reporting, generating the rolling 13-week cash flow forecast, and leading the weekly collections review.
Leadership team leveraging financial insights for decision-making.