Job Openings- CFO/ Nigeria

Position Identification:

Job Title:	Chief Financial Officer		Reports to:	Managing Director
Department:	Finance & Accounts	Section:	Management (FA)		Band:	5	Grade:	A - E

Terms of Reference:

Education& Skills

·     Chartered Accountancy ·     Master in Finance or MBA, a plus ·     Relevant Functional Skills & Expertise. ·     Computer literacy with good IT skills. ·     Excellent leadership skills. Resource & People Management. ·     Strategic Thinking & Decision Making. ·     Strong Analytical Skills. ·     Excellent Communication &Presentation Skills. ·     Financial modeling (i.e. discounted cash flow).

Experience

·     Minimum 15 years functional experience with minimum 5 years as CFO with a multinational company in the oil & gas industry (downstream). ·     International experience and Africa a plus. ·     Good experience of working in an ERP environment like SAP, Oracle, Microsoft Dynamics systems. ·     Change management and transformation.

Job Specification:

Scope

·     Overall accountability of Finance & Accounts function with specific focus on business strategy, investment plans, developing portfolio strategy, setting operational financial direction, reviewing and evaluating operating mechanisms, etc. ·     Includes lead supervisory and managerial roles.

Job Specific Comments

·     Providing leadership to Finance &Controlling and IT function. ·     Providing a support service by working with all departments and the management team to help making financial decisions, as well as coordinating intercompany financial activities. ·     Provide the Group with all financial requirements on a timely and accurate basis ·     Responsible for making strategic decisions, investment plans, financial planning/budgeting/ reporting, developing financial aspects of 3 year Annual Operating Plan (AOP), capital expenditure plan and cost control including P & L and cost centers responsibility. ·     Analyzing Balance Sheet, P & L accounts, and cost centers. ·     Keeping all relevant records, archives, and legal documents in a proper manner ·     Prepare timely monthly MIS reports with sound analyses and variance explanations, and send it to the Group timely. ·     Prepare timely annual accounts and ensure timely finalization of audits. ·     Manage the working capital with the clear mandate to improve stock management and reduce stock levels,  reduce Accounts Receivables & reduce finance costs. ·     Manage all company taxes and ensure compliance ·     Responsible for Business Intelligence (BI) by integrating cross-functional business activities and transactions thru’ IT solutions. Designing IT strategies and infrastructure/services plan. ·     Forecasting the funding requirements, assess its impact on the Balance Sheet and Cash Flow,monitoring bank overdrafts limits, and proper cash and treasury management. ·     Prepare complete and meaningful presentations for various funds requirements. ·     Financial planning of new projects (Capex, acquisitions, new products, expansion, etc). ·     Reviewing and analyzing Internal Audit observations and deciding corrective actions on it. ·     Setting and monitoring Finance &Controlling and IT functionsgoal and objectives in line with organizational objectives. ·     In coordination with the Internal Audit Manager, enhancing and monitoring the Internal Audit policies and procedures. ·     Coordinating internal and external audits. ·     In coordination with Group Treasury, monitoring currency exposure and the currency risks. ·     Monitoring financial statutory requirements and compliances, etc. ·     Monitoring legal cases pertaining to Finance & Accounts function (such as doubtful debts). ·     Control and ensure appropriate operational costs and overheads. ·     Participating actively in management meetings and discussion on business strategy. ·     Understanding Company’s new and modified business avenues, modal, strategy, etc.,  and aligning Finance & Controllingand IT functions with them. ·     Organizational development thru’ leadership development plans, succession planning, etc for critical positions in the department. ·     Developing, training Finance & Controlling staff. ·     Implementation and maintenance of quality systems and continuous improvement methodologies with specific focus on growth, cost reduction and process improvements. ·     Any other job which may be assigned by the management from time to time.