Chief Financial Officer - Lagos Job at SENCE Limited

[Jobrib]

Job Title: Chief Financial Officer

Job opening ID: 29

Location: Lagos, Nigeria

Type: Full time

Recruiter: Skill Enhancement Centre (SENCE) Limited / SENCE World

Roles and responsibilities:

The following are the roles and responsibilities for this role;

• Demonstrate ownership of and communicate the department's strategic direction and objectives to all staff in the department.

• Oversee and champion the articulation and development of the Finance strategy and ensure alignment with OneCard's corporate strategy, business goals and objectives.

• Provide overall guidance, leadership support and strategic direction in the execution of the department's functions and activities.

• Oversee and coordinate the day to day activities of the department and ensure alignment with the overall goals and objectives of the organization, regulatory and statutory requirements.

• Coordinate the development of the department's business and work plans.

• Ensure synergy and collaboration in cross functional team activities, communication within the department in order to facilitate effective and smooth running of the department.

• Serve as key adviser to the company on financial issues – interpretation of accounting and tax regulation issues.

• Coordinate the development and implementation of finance and accounting policies, processes and procedures in line with leading practices.

• Coordinate the identification of risks and long-term financial implications of intended corporate projects/ initiatives and advise Management.

• Oversee the establishment of efficient controls to mitigate identified financial risks.

• Manage risks and returns on company financial resources, constantly seeking to maximize shareholders' wealth.

• Oversee the development of OneCard's corporate budget and the allocation of financial resources.

• Coordinate the proactive monitoring and reporting of budget positions.

• Assess the development and implementation of robust cost management strategies to monitor and control costs company-wide.

• Periodically review key OneCard's finance activities and performance reports and take appropriate action to ensure the company's business objectives are achieved.

• Ensure the development, implementation and compliance to delegation of authority framework.

• Authorize expenditure/ transactions in line with the company's approved financial authority limits.

• Ensure the development and implementation of strategies to optimally manage the company's liquidity position.

• Ensure availability of adequate funding as required for the company's operations, in line with OneCard's financial policies.

• Coordinate all revenue assurance activities to mitigate revenue leakages.

• Oversee the timely, accurate generation of relevant financial information/report to aid Management's strategic decision making.

• Coordinate timely preparation of OneCard's financial statements, ensuring the statements reflect the company's financial position and comply with statutory and regulatory requirements.

• Develop and maintain strategic relationships with key banks and other financial institutions.

• Manage the interface between the company and external auditors and regulators to ensure the company's financial interest is protected.

• Establish standard cost and inventory system

• Ensure the establishment and implementation of standard procurement policies and procedures in line with leading international practices.

• Ensure the timely and cost effective procurement of materials and equipment as well as the expedition of procured materials/goods.

• Review and approve purchase orders for procurement of materials goods and services.

• Coordinate the vendor evaluation and tendering process.

• Prepare and analyze monthly expense and P&L reports.

• Analysis of company performance comparing and analyzing segment results against budget and prior years.

• Review,establish and maintain internal control standards and procedure.

• Control of company records, leases, obligations and other documents.

• Payables and receivables administration,

• Manage the human and material resources of the department to optimize performance and enhance output.

• Oversee the preparation of the department's annual budget and monitor its implementation.

• Prepare and submit periodic management reports on the activities of the department for board and management decision making.

• Continually review and assess the effectiveness and efficiency of the department's policies, procedures and processes and identify improvement opportunities.

• Champion and oversees the implementation of improvement recommendations after obtaining all necessary approvals from management or the Board.

• Support the CEO in communicating the activities and achievements of the company/department to all relevant stakeholders.

• Perform other duties as assigned by the CEO or Board of Directors

Skill set:

• First degree in Accounting or related discipline.

• Professional accounting certification, e.g. ACA, ACCA, CPA, CIMA, or other relevant higher business degree with proven analytical and qualitative accounting/ finance competencies.

• Experience in treasury funds management and loan syndication.

• Good appreciation of the telecommunication industry operations, key issues, trends and development.

• Advanced financial and accounting knowledge, including in depth understanding of international and local accounting and financial reporting standards.

• Good understanding of foreign exchange operations and regulations, and other relevant regulations – telecommunications industry, income and other tax, e.t.c.

• Strong knowledge of the local and international banking industry.

• Proven ability to interpret financial statement and apply a broad perspective in summarizing results.

• Verbal and written communication skills, presentation skills and the ability to influence others

• Ability to think strategically and holistically and to appreciate the systematic impact of various policies, issues and solutions.

• Strong business and financial acumen.

• High level of integrity and business ethics.

• High level of attention to detail.

• Excellent presentation and facilitation skills.

• Ability to multi task and function effectively under pressure.

• Strong interpersonal and communication skills.

• Political savvy, diplomacy, maturity and tact including the ability to relate with various categories of people.

• Strong relationship management & networking skills.

• Strong leadership and people management skills.

• High sense of responsibility, accountability and dependability.

• Good appreciation and working knowledge of Microsoft Office tools.

Work experience: Minimum of 15 years

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