Box & Cedar - Our client, a leading Oil and Gas company, is recruiting to fill the position of:
Job Title: Chief Finance Officer
Location: Lagos
Job Type: Full Time
Job Duties/ Responsibilities/ Accountabilities
- Develops and implements effective financial strategies, controls framework and management systems to guide and support the company's business operations.
- Inabilities and applies approved performance metrics related to the monitoring the financial health and cost-effectiveness of company operation, evidenced by ability to provide facts - based updates to the board and company executive management.
- Liaise with other line managers, providing consultative support to planning initiatives through financial and management information analysis, reports, and recommendations.
- Monitors the implementation of all business unit business unit budgets in relation to actual expenditures and income, including the analysis of the quality and performance of ongoing activities in order to proactively identify potential performance problems and prepare timely financial and performance reports to the company's executive management.
- Provides financial advice on the company's short, medium, and long term cash funding risk situation to the company's CEO and management.
- Implements Board and Management financial policies inline with approved financial procedures and generally accepted Financial/Accounting practices and statutory requirement.
- Coordinates the preparation of the company's annual budget, monitors and reports performance against targets.
- Prepares periodic statutory and management information reports.
- Oversees bank and creditor relationship management.
- Develops and implements strategies for accessing and securing funds at cost-effective rates.
- Develops and coordinates the implementation of finance function performance targets and service standards via a service level agreement.
- Manages foreign exchange risks and interest rate exposures and escalates issues to executive management.
- Presents monthly financial performance reports of company to the executive management team.
- Provides overall coordination and direction of all activates of the company's finance function.
Performance Measures
- Company profitability / Economic Value Added (ongoing goal) 30 - 50 %
- Budget variances
- Management information reporting
- Achievement of Targets
- Optimization of asset turnover
- Cash flow and liquidity position
- Cost management
- Level of tax burden
- Cost of funds
- Loan portfolios and conditions timeliness and accuracy of financial reports
- Fraud levels
- Financial losses
Minimum Qualification
- A good University Degree.
- Master's Degrees in Business Administration preferably finance option.
- Relevant professional qualification e.g. ICAN or ACCA.
- Minimum of 12 years post-graduation experience with at least 6 years at senior management level in the industry preferably starting career with audit firm.
Knowledge & Skills
- Numeric skills
- Analytical Skills
- Interpersonal Skills
- IT Skills
- Technical Skills
- Communication Skills
- Ability to manage risk skill
- Excellent organizational skills used in planning own work.
- Leadership
- Performance management
- Planning control
- Relationship management
- Supervision/ coaching
- Negotiation
- Business management
- Proven track record
- Decision support
- Financial Management
- Financial analysis and modeling
- Treasury and corporate finance
- Management /Financial accounting
- Tax management
- Investment and portfolio management
- Budget and financial management
- Project finance
- Investment planning
- Performance monitoring and evaluation
- Balance sheet / treasury management
- Implementation of activity based cost accounting
- Payroll management
- Financial reporting
- Financial control
- Knowledge and experience in launching company to capital markets especially onshore and off shore oil and gas companies.
- Confident
- Articulate
- Patient
- Integrity
Application Closing Date
31st March, 2015.
How to Apply
Interested and qualified candidates should:
Click here to apply online