Chief Financial Officer (CFO) at Fadac Resources And Services Limited

Fadac Resources and Services Limited provides businesses with human capital solutions that can help improve oral performance while reducing employment practice risk. We can assist organisations, no matter how large or small, to establish, outsource, and troubleshoot any human resources functions/ challenges. Our belief is that people are the greatest asset in the organisation, regardless of the business size, industry and market share. We provide the best professionals backed with solid years of experience and knowledge, and their job is to integrate solutions for your business needs.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer (CFO)

Location: Victoria Island, Lagos
Employment Type: Full Time

Job Responsibilities

• Develop adequate processes and procedures for cost control function to maintain efficient operational excellence.
• Consolidate, review and finalize monthly expenditure profile.
• Highlight cost areas of concern and suggest ways of improvement.
• Monitoring, reporting and forecasting project cost and revenue trends.
• Monitor cash transactions to ensure to ensure the bank account balance to the report and any unusual itemsare investigated.
• Forecast, monitor and track cash flow (weekly, monthly, quarterly etc.)
• Anchor the preparation of corporation tax returns as required by the government.
• Summarize and analyze various annual returns and accounts to enable the compilation of key financial
• indicators.
• Monitor and ensure timely identification and compliance with evolving accounting guidance, preparetechnical memorandums that documents issues in a clear, logical and comprehensive manners.
• Assist in the coordination of annual audit and quarterly review activities of external auditors.
• Provide management with reports specifying and comparing factors affecting prices and profitability ofproducts. Regularly inform and consult with the Executive Director regarding negotiating strategies forlarge or new business proposals.
• Work with the Executive Director to coordinate the determination of minimum gross margin (GM)required for all company products sold across all branches.
• Responsible for reviewing the company profit & loss account and relevant sections of the Balance Sheet toensure they are completed accurately and on a timely basis, and to provide supplementary reporting, analysis and support to company budget and Executive team.
• Responsible for obtaining, collating and verifying information monthly for inclusion in ExecutiveManagement.

Job Requirements

• Qualification of B.Sc., M.Sc. in Accounting or related field.
• Minimum of 15 years experience in managing a Finance team in the retail or FMCG, Big 4 consulting firms.
• Possession of ICAN, ACA or other relevant professional qualifications
• Proven ability to drive results and to manage teams.
• Commercial awareness and strong business acumen.
• Proficient use of financial softwares.

Application Closing Date
Not Specified.