Chief Financial Officer at Velvot Nigeria Limited

Velvot Nigeria Limited is a modern digital transformation firm specializing in business‑critical emerging technology solutions built on Microsoft technologies. As a platform‑neutral partner to Microsoft, Google, and Amazon, we deliver cloud consulting, IT services, cloud migration, and tailored digital solutions to our clients.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer

Location: Surulere, Lagos
Employment Type: Full-time
Reports To: Group CEO / Board of Directors
Direct Reports: Financial Controller, Treasury Manager, Management Accountant, Tax & Compliance Lead, Internal Audit / Control Function

Role Summary

• The Chief Financial Officer (CFO) is responsible for the overall financial leadership, governance, capital strategy, and enterprise financial management of Velvot Nigeria Limited and its subsidiaries.
• As a core member of the executive leadership team, the CFO will provide strategic financial direction to support rapid growth, operational scalability, investor confidence, and long-term enterprise value creation as the Group prepares for institutional funding and future capital market participation.
• The CFO will lead treasury management, credit control, statutory compliance, corporate finance, investor relations, financial risk management, and strategic capital allocation while ensuring world-class governance standards across the Group.
• The role requires a commercially astute finance executive with strong experience in technology-enabled businesses, multi-entity financial management, fundraising, financial restructuring, and board-level reporting.

Key Responsibilities
Financial Strategy & Corporate Leadership:

• Develop and execute the Group’s financial strategy aligned with corporate growth objectives.
• Serve as principal financial adviser to the CEO and Board on investment decisions, expansion strategy, risk exposure, and capital structure.
• Lead enterprise-wide financial planning, forecasting, scenario modelling, and long-range financial projections.
• Drive financial discipline and profitability across all subsidiaries and business units.
• Support strategic acquisitions, partnerships, joint ventures, and expansion initiatives.

Treasury & Cash Flow Management:

• Lead Group treasury operations, liquidity planning, and working capital optimization.
• Maintain optimal cash positioning across subsidiaries and operating units.
• Oversee banking relationships, debt facilities, trade finance, and cash management structures.
• Develop capital allocation frameworks to optimize returns on investments and operational spending.
• Monitor foreign exchange exposure, funding gaps, and financial risk concentration.

Credit Control & Receivables Governance:

• Establish and enforce enterprise credit control policies and customer payment frameworks.
• Drive reduction in receivables aging and improve cash conversion cycles.
• Monitor debtor exposure, customer creditworthiness, and collection efficiency.
• Implement automated receivables monitoring and escalation procedures.
• Collaborate with commercial teams to ensure sustainable contract structures and payment terms.

Financial Reporting & Statutory Compliance:

• Ensure timely preparation of monthly management accounts and board financial reports.
• Oversee preparation and filing of statutory financial statements in compliance with IFRS and applicable regulations.
• Ensure full compliance with FIRS, LIRS, CAC, SEC, NGX, and other regulatory obligations.
• Coordinate external audits, tax audits, and regulatory reviews.
• Strengthen internal controls, governance frameworks, and financial policies across the Group.

Fund Raising & Investor Relations:

• Lead capital raising initiatives including equity financing, debt financing, private placements, and strategic investments.
• Support investor due diligence, valuation discussions, and financial negotiations.
• Build and manage relationships with investors, financial institutions, venture partners, and capital market stakeholders.
• Drive financial readiness for future institutional investment and stock exchange listing.
• Prepare investment memoranda, financial presentations, and board/investor reporting materials.

Risk Management & Corporate Governance:

• Establish enterprise financial risk management frameworks.
• Oversee financial governance, anti-fraud systems, and compliance controls.
• Ensure transparency, accountability, and audit readiness across all subsidiaries.
• Drive implementation of governance structures required for public market readiness.
• Support Board Audit and Finance Committee activities.

Technology & Financial Transformation:

• Lead financial systems modernization and ERP optimization initiatives.
• Ensure integration of finance systems with operational and commercial platforms.
• Drive financial analytics, business intelligence, and automation initiatives.
• Improve visibility into profitability, cost drivers, and operational efficiency metrics.

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, Economics, or related discipline.
• MBA or Master’s Degree in Finance, Accounting, or Business Administration preferred.
• ACA, ACCA, CFA, or equivalent professional qualification is mandatory.
• 12–15 years progressive financial leadership experience, with at least 5 years at executive/senior leadership level.
• Experience in technology, enterprise solutions, telecommunications, systems integration, or multi-entity corporate environments is highly preferred.
• Strong experience in fundraising, investor engagement, treasury, and corporate finance.
• Knowledge of IFRS, Nigerian tax laws, SEC / NGX governance expectations, and enterprise risk management.

Core Competencies:

• Strategic Financial Leadership
• Corporate Finance & Fund Raising
• Treasury & Liquidity Management
• Investor Relations
• Credit & Risk Management
• Financial Modelling & Forecasting
• Governance & Regulatory Compliance
• Executive Communication & Board Reporting
• ERP & Financial Systems
• Data-Driven Decision Making.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: career@velvot.com using the job title as the subject of the mail.