Job in Nigeria

Chief Financial Officer - Expatriate Recruitment at Adexen Recruitment Agency


Adexen Recruitment Agency – Our client, a leading FMCG company to recruiting suitably qualified candidate to fill the position below for its operations in Nigeria:

Job Position: Chief Financial Officer – Expatriate

Job Locattion: Lagos
Employment Type: Full time
Industry: FMCG
Job Seniority: Director
Job Category: Accounting and Finance

Responsibilities


  • The Chief Financial Officer (CFO) is responsible for all financial and fiscal management aspects of the Company’s operations.
  • Provide strategic financial leadership, business planning, forecasting, accounting and budgeting processes, tax and risk management and optimize returns to the Shareholders.
  • The CFO reports directly to the Managing Director and assists on strategic and tactical matters as they relate to financial management and their impact to the business operations
  • Collaborates with the Managing Director to define and articulate the organization’s vision and to develop strategies for achieving that vision.
  • Provide strategic direction and management of the Finance functions and ensures alignment to the Company’s goals leading to shareholder value creation.
  • Participate in preparation of the Annual Plan and Strategic Business Plans that improve the efficiency and long term profitability of the business and ensure optimal realization of brand/market potential.
  • Ensure the design of a robust business-decision-making framework, driving through process improvements and change initiatives that enable the budgeting, forecasting and reporting to be carried out in a consistent and effective manner.
  • Proactively participate in benchmarking studies of FMCG peers including but not limited to pricing, COGS, overheads, manufacturing costs along with cash flows and balance sheet foot prints
  • Act in a fiduciary capacity, protecting the value of the brand through safeguarding assets of the company, both tangible and intangible.
  • Ensure compliance with the company’s policies, procedures and local statutory regulations. Manage Statutory and Internal Auditors.

Implements / Supervises Internal Controls:

  • Protects and preserve the company’s assets to comply with financial reporting and control requirements.
  • Standardize. Establish company-wide standards for systems, data and processes

Financial Planning & Projections:

  • Review and discuss with management the long term strategic business plan and financial projections along with related assumptions
  • Co-lead with the MD the Annual Operating Plan (AOP) exercise providing insightful information on key value / growing drivers

Treasury:

  • Provide/review financial projections on cash budgets (i.e. monthly, annually)
  • Assure that the negotiated bank facilities are competitive in terms of notional, tenor, pricing, roll over, and grace period;
  • Assure the provision of adequate responses to bank queries for renewal of bank facilities;

External Audits:

  • Coordinate with the external auditors in planning an effective and efficient audit programs;

Budgeting Control:

  • Issue the annual comprehensive budget control guidelines to all company’s departments

Desired Skills and Experience

  • Chartered Accountant / other equivalent degree from an institution of repute
  • Demonstrated experience as a business partner and “co-pilot” of the MD in driving controls, compliance and performance while improving the business
  • Experienced CFO / Finance Director with minimum of 5 years leading the finance function and with 15+ years of overall progressive finance experience (incl. commercial finance, financial controls, decision support, reporting, others) with most of his/her working experience in a subsidiary of a global FMCG
  • Exposed to best practices and global standards and their application in emerging markets, who knows how to balance global standards and local approaches in order to attain targets / outcomes while maintaining intact the controls, compliance and performance agendas
  • Excellent leadership skills capable of leading people from the front and from the back at every level of the organisation
  • Meaningful exposure to different ERPs (SAP, Microsoft Dynamics, others) as well as their business implications
  • Ample experience leading and working across functions as a business partner while keeping the finance rigour and accountability  
  • Good communicator at every level of organisation from operations room to the board room – incl. but no limited to good oral and written English with strong multicultural awareness

Skills:

  • Banking, Process Control, Team Leadership, Internal Controls, Internal Audit, Accounting, ERP Software, Finance, Team Management

Note: The position is based in Lagos, Nigeria.


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