Job title: Chief Finance Officer (CFO) – Nigeria
Company: Antal International
Job description: Job DescriptionJob Title: Chief Finance Officer (CFO) – NigeriaIndustry: InsuranceLocation: NigeriaSalary: Competitive Salary Package + BenefitsJob Purpose:The Chief Finance Officer shall be responsible for the execution of best practice Financial Management processes and maintain good relationships with local and international financial institutions, government agencies and other key stakeholders.Responsibilities:FINANCIAL MANAGEMENT
- Direct and coordinate the cash management, investments, insurance, budgeting and financial reporting, helping to drive the company’s financial strategy.
- Lead the development and use of best-practice policies, procedures and tools that ensure a well-controlled yet flexible organisation with strong fiscal management, project management, cross team communications and workflow.
- Direct and coordinate all accounting/finance/treasury functions of the Company.
- Develop budget framework and oversee the implementation and the annual budgeting process.
- Develop and implement efficient finance and tax strategies.
- Provide timely accurate financial reports and information or management decision making.
- Manage cashflow and funding of the company.
- Safeguard all company’s assets
PERFORMANCE MANAGEMENT & REPORTING
- Oversee and ensure that regular reports on financial activities of the company are produced and submitted to the MD/CEO on a monthly, quarterly, and annual basis.
- Provide support to the EMC (Executive Management Committee) and the Board on effective business performance drive.
- Oversee and ensure monthly business performance report is sent to the Executive Management.
- Monitor performance with tracking, establish corrective measures as needed, and prepare detailed reports, both current and forecasting for earnings.
REGULATORY /STATUTORY
- Ensure compliance with internal control procedures in day-to-day transaction processing.
- Ensure that all statutory remittances e.g. PAYE, pensions etc are made as at when due by law.
- Oversee financial IT systems, ensuring compliance with all applicable Financial Accounting Standards.
- Comply with federal, state, and local financial requirements by being abreast of existing and new legislation, enforcing compliance, and taking necessary action.
- Conduct periodic formal appraisal of subordinates performance
- Participate in ad-hoc projects and other activities as assigned.
Key Competency AreasFunctional Skills
- Knowledge of the Insurance industry
- knowledge of Management Reporting
- Knowledge of Financial Management
- Knowledge of Budget Planning & Control
- Knowledge of cost management Knowledge of business strategy Knowledge of Valuation Knowledge of Risk Management Knowledge of regulation, legislation, and tax bodies Knowledge of Stakeholder Engagement
- In-depth understanding statistics
Behavioural skills
- Excellent relationship management
- Excellent decision-making skills
- Excellent attention to detail
- Excellent analytical skills
- Excellent communication skills (oral and written)
- Excellent interpersonal skills
- Excellent versatility
- Excellent entrepreneurial skills
- Excellent negotiation skills
- Excellent leadership skills
- Excellent managerial skills
- Excellent execution skills
- Excellent innovative skills
- Excellent problem-solving skills
Job Requirements:EDUCATION
- Minimum requirement: A bachelors degree from a reputable university in any relevant discipline
- Added advantage: MSc or MBA in Financial Management
EXPERIENCE
- Minimum requirement: 15 years cognate experience
- Added Advantage: Minimum of 5 years in a similar role at Management level
PROFESSIONAL (MEMBERSHIPS & CERIFICATIONS)
- Minimum requirement: Membership of any relevant professional body (e.g. CIIN, ICAN, etc.)
Expected salary:
Location: Nigeria
Job date: Sat, 29 Mar 2025 23:32:00 GMT