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Our Client
Adexen Recruitment Agency is mandated by a major on line retail store organisation. The company is looking to recruit a Chief Financial Officer for their operations.
Job Title: Chief Finance Officer
Job Reference: NGA1180
Location: Lagos, Nigeria
Job description
- To ensure that the financial policies/procedures of the company are implemented efficiently in line with generally accepted Financial/Accounting practices and statutory requirements.
- To ensure the ongoing financial health (the ability to fulfil financial obligations) of the company and safeguard the company’s financial assets.
- To manage the Finance & Accounting Unit, and to develop and implement a modern cost effective accounting system that will meet the challenges and objectives of the company
- He will report to the CEO/Board of directors
Responsibilities
The responsibilities for this office shall include but is not limited to the following:
- Participates in business strategic planning process
- Develop, review and circulate annual business planning guidelines/ assumptions to all departments;
- Defines and communicates corporate accounting guidelines, including chart of accounts, periodic closing schedules as well as reporting requirements
- Co-ordinate the Unit’s activities and ensure compliance with the organisation’s strategy and operating policies, controls and procedure
- Co-ordinate the budget preparation, monitoring and control process, in line with agreed policies and procedures including:
- Defines and communicates budgeting guidelines, processes, methods, roles and schedules
- Assist business units within the company to maximise profit and minimise costs.
- Prepares and manages organizational budgets, and make amendments based on approvals.
- Analyse budget performance and identify and obtain explanations for significant variances.
- Ensures required financial reports are provided to relevant units within the business on a timely basis.
- Develops, communicates and implements corporate risk management policies and Ensure timely completion of monthly bank reconciliation
- Supervise the upkeep and management of company fixed assets and stock inventory
- Provide accounting support and guidance to all departments within the organisation
- Facilitate the work of auditors and manage the resolution of arising issues
- Manage the relationship with internal and external customers
- Provide guidance to direct reports, manage their performance and facilitate their career development.
- Contribute to the alignment of the department’s activities with leading practices on an ongoing basis
- Perform any other duties that may be assigned by the CEO/Board of Directors
- Monitor, analyse and report on the company’s operating costs and expenditure.
- Develop and implement cost control/ management strategies and system to ensure optimal utilisation of available financial resources.
- Coordinate the periodic review of costs/ expenditure, identify and implement cost saving measures.
- Plan, co-ordinate and control the financial analysis and evaluation of projects to provide relevant information for management decision making
- Ensures all CAPEX and OPEX purchases are within budget, board approval and manual of authority
- Supervise data input, post validation and control in the General Ledger
- Conduct financial analysis on the company’s performance along defined indicators
- Continually review activities of all units and make recommendations for improvement to the Unit Heads
Qualifications Experience
- A good university degree plus an MBA degree
- Professional accounting qualification which include: ACA, ACCA or its Equivalent
- At least 6 years post-qualification experience, 4 of which must have been spent in a
- Finance managerial role in a retail environment or any of the big accounting firms
- Interpersonal skills
- Good communication skills - Oral & Written
- Good organisational and planning skills
- Result-oriented
- Rigorous and in a continuous personal & professional improvement process
Application Closing Date
16th April, 2013
Method of Application
If your experience, personal characteristics and qualifications meet the position specifications and your personal objectives are to seek such a challenge, then we would like to hear from you with details of your current earnings, up to date CV and explanation as to why your achievements to date fit you for consideration.
Click Here To Apply Online