Chief Financial Officer - Downstream Job at top notch Oil and Gas Firm in Nigeria

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Job Title: Chief Financial Officer (CFO) – Downstream

Location: Lagos, Nigeria

Recruiter: Fosad Consulting

Our client is one of the top notch oil and gas firm in Africa with a strong foothold in the west African region. They have contacted us to help them source for a Cheif Financial Officer to help them increase their internal process in their downstream subsidiary.

JOB DESCRIPTION: This position is critical to the continued success of the growth trajectory of the downstream business (Marketing & Trading) in that it provides leadership in the areas of Financial & Strategic Planning, Financial Governance & Reporting, and Operational Excellence. The role also assists the CEO with relevant guidance on key business decisions which will impact the long term business growth and profitability.

SPECIFIC DUTIES & RESPONSIBILITIES:  

Strategic;

•   Develops and articulate a comprehensive financial strategy for the business based on business growth and plans.

•   Monitors the present and future capital requirements of the organisation; reviews and periodically determines the long-and short-term financial objectives and policies and provides guidance/advice to Executive Management about all proposals concerning major financial policies ( dividend, fiscal and financing) of the Company, including but not limited to policies relating to the Company's cash needs, shareholder distributions, share repurchases and investment

•   Liaises with external Financial Services organisation and investors as may be required, to ensure the business remains adequately funded in terms of Debts, Equity and Working Capital requirements.

Operational;

•   Ensures the effective integration of the Company's strategic plan with its trading activities and day-to-day operations and in so doing regularly interfaces with Strategic Business Partners to determine areas of mutual collaboration towards the achievement of goals.

•   Reviews operating results of the Company, compares with set objectives, identifies root causes of weak performance and ensures appropriate measures are taken to correct unsatisfactory results.

•   Oversees the adequacy and soundness of the organisation's financial structure and manages local and international investor relationships; directs and coordinates the formulation of financial programs and funding for new/continuing trades and operations towards increasing productivity & optimising the use of capital, and maximising returns.

•   Monitors market trends, competitor activities & consumer preferences and positions.

QUALIFICATIONS:

•   1st degree in Business Administration, Finance, Economics, Accounting or other related area.

•   An MBA is an advantage

•   10 – 15 years cognate work experience in Financial / Management Accounting, the last 7 – 10 years must have been in management role in a reputable and structured business environment, preferably in a Nigerian or International Oil & Gas Company

•   Ability to network and form high profile relationships with key people in various parts of the economy (government, regulatory bodies, NNPC, DPR, key customer groups etc.)

•   Knowledge of trading (paper & physical)

•   Ability to influence the direction of national policy

KNOWLEDGE & SKILLS REQUIRED:

•   Local and International Oil & Gas Industry History and Dynamics (including deep knowledge of laws and regulations)

•   Foreign Exchange and Money Markets

•   Business Analysis, Strategy Development and Execution

•   Paper & physical trading (Oil & Gas products)

•   Finance and Investment Management

•   Financial Management Accounting

•   Assets & Liability Management

•   Risk Management

•   Taxation

•   Entrepreneurial Skills

•   Negotiation and Contract Management (Legal)

ADDITIONAL INFORMATION: Salary is Negotiable

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