Chief Financial Officer 367 views3 applications

A recycling and commodity trading company along Lagos Ibadan Expressway, is currently looking for a highly motivated and proactive individuals

Organizational Relationship: The job holder reports to the CEO

Job Summary: The Chief Financial Officer will be accountable for the financial operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and report accurate financial results.

 

  • The ideal candidate must be well experienced in all aspects of financial management, capital raising, financial planning and analysis, and risk management.

 

  • He/She must possess strong leadership skills and a forward-thinking mindset to support the company in the execution of strategic initiatives.

 

  • Should have an excellent working knowledge of SAP ERP System.
  • Should have an analytical mind with strong problem-solving skills

 

  • Should be able to manage a team of accountants

 

Duties & Responsibilities:

The Chief Financial Officer will perform a wide range of responsibilities. These may include, but are not limited to:

 

Strategy, Planning, and Management

  • Act as Chief Financial Officer and strategic business partner to the senior executive leadership team.
  • Assess and evaluate the financial performance of the organization about long-term operational goals, budgets, and forecasts.
  • Provide insight and recommendations to both short-term and long-term growth plans of the organization.
  • Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.
  • Communicate, engage and interact with the CEO and Executive Leadership Team.
  • Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
  • Select and engage consultants, auditors, and investors.
  • Recruit, interview and hire finance, accounting, and payroll staff as required.
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models.
  • Implement policies, procedures, and processes as deemed appropriate by the senior leadership team.

 

Financial Analysis, Budgeting, and Forecasting

 

  • Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
  • Review and analyze monthly financial results and provide recommendations.
  • Identify, develop and execute analysis of business initiatives, and/or new service offerings.
  • Develop and maintain the monthly operating budget and annual company operating budget.
  • Manage the financial planning and analysis department. Supervise the creation of reports, software implementation, and tools for budgeting and forecasting.
  • Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.

 

Accounting, General Ledger, Administration and Operations

  • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
  • Review and ensure the application of appropriate internal controls, compliance, and financial procedures.
  • Ensure timeliness and accuracy of financial and management reporting data for the CEO and investors.
  • Oversee the preparation and communication of weekly, monthly and annual financial statements.
  • Oversee the preparation and timely filing of all local, state and federal tax returns.
  • Ensure compliance regarding all financial functions.
  • Work with Human Resources to ensure appropriate legal compliance.
  • Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
  • Oversee preparation of monthly, quarterly and annual financial statements.
  • Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.

Requirements

  • Bachelor’s Degree in Accounting or Finance and MBA is required
  • ACCA or ICAN Required
  • In-depth experience in the manufacturing industry is very critical
  • 6 years minimum experience as a CFO in a manufacturing company
  • At least 15 years of accounting or finance experience
  • Outstanding knowledge and understanding of GAAP, IFRS, Taxation, etc.
  • “Hands-On” ERP Systems Experience – SAP ByDesign preferred
  • Outstanding communication and presentation skills.

Applications can be sent to resume@HRLeverageafrica.com

Closing date: April 2nd 2021

 

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