Chief Finance Officer at Deloitte Nigeria

Posted on Wed 19th Feb, 2020 - www.hotnigerianjobs.com --- (0 comments)

Deloitte Nigeria - Our client is one of Nigeria’s leading Insurance institutions is currently recruiting suitably qualified candidates to fill the position below:

Job Title: Chief Finance Officer

Location: Lagos
Job Type: Full time

Job Description
The job duties include and not limited to:

Business Strategy:

  • Contributes to the formation of the Business Strategy and ensures that all financial policies, procedures and systems are sound.
  • Oversees the preparation of Annual Operating Plan, Business Financial Plan and Analytics.
  • Using appropriate forecasting tool, ensures that adequate measures are factored in to achieve business objectives.
  • Provides financial direction, planning and accounting to the business, covering short term and long-term financial goals.

Liquidity & Treasury Management:

  • Ensures that optimal liquidity is available to deliver business plan.
  • Negotiates/arranges external finance, if and when necessary.
  • Reviews working capital/cash flow requirement on a regular basis
  • Monitors banking activities for the Company for proper running and ensures regular reconciliations of all banking transactions.

Budgeting and Financial Forecast:

  • Develops plans, budgets, forecasts and financial results to guide management decisions by forecasting requirements; analyzing variances and initiating corrective actions.
  • Presents operating and capital expenditure budgets for review and approval.

Financial Analysis & Interpretation:

  • Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
  • Responsible for presenting and reporting accurate and timely historical financial information of the Company.
  • Responsible for capital planning and allocation as well as balance sheet optimization.
  • Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements.
  • Coordination of financial reports within the Company.
  • Demonstrates an excellent understanding of Insurance financials as well as advanced business finance and performance analysis.

Regulatory & Statutory Relationship:

  • Oversee the coordination and activities of independent auditors (Internal and External Auditors).
  • Coordinates regulatory and supervisory functions.
  • Manages relationship with regulatory and statutory bodies, i.e. NAICOM, FIRS, LIRS, etc.
  • Reviews and manages the Financial Risks undertaken by the business, and demonstrates a good understanding of the risk profile of the company whilst reporting risk issues, and mitigating all identified risks.

Internal Control & Monitoring:

  • Ensures adequate controls are instituted and maintained to cover all financial transactions, and safeguard financial assets.
  • Possesses versatile ability to handle various business applications within the Group.

People Management:

  • Oversees activities of employees and teams (i.e. hires, coaches, appraises rewards, motivates, discipline, etc).
  • Works in conjunction with other senior management team members to set standards, priorities and schedules.
  • Responsible for employee engagement within the Finance team.

Requirements

  • Bachelor's degree in Accounting or a Finance related field.
  • Must be a Qualified/ Certified Accountant ACA/ACCA/CFA.
  • Possession of MBA is an added advantage.
  • Minimum of 12 years’ financial experience, with at least 5 years in Senior Financial Management capacity spanning Corporate, Business Planning, Revenue Assurance, Treasury Management and Accounting.
  • Experience and knowledge of Insurance Business Landscape.
  • Experience in working in one of the big 4's (Deloitte, PWC, KPMG & EY).

Benefits
Negotiable

Application Closing Date
28th February, 2020.

How to Apply
Interested and qualified candidates should:
Click here to apply online