Job title: Chief Financial Officer (CFO) – Nigeria
Company: Antal International
Job description: Job DescriptionJob Title: Chief Financial Officer (CFO) – NigeriaIndustry: FintechLocation: NigeriaSalary: Competitive Salary Package + BenefitsJob Summary:The Chief Financial Officer is responsible for:
- Providing overall guidance, technical expertise, and team coordination to support the design and implementation of the company’s strategic initiatives in the areas of financial accounting and control, planning and budgeting, treasury, and risk management as well as tax and revenue management
- Developing and executing Company’s financial strategy and ensure alignment with the company’s objectives
Responsibilities:Financial Control & Governance
- Develop and implement a finance strategy that is properly aligned and supports company’s strategic goals and objectives
- Develop and maintain all necessary systems, policies, and procedures to ensure effective and efficient financial management within the company
- Ensure the company maintains a Prudential Financial framework; keeps its commitments in balance with available resources; monitor income and expenditure levels and takes corrective action when necessary
- Ensure effective utilization of the financial resources of the organization including achieving cost efficiency in line with the company’s business objectives
- Develop and manage the framework for delegation of authority over financial resources in line with the Board approved Manual of Authority
- Develop and manage the framework for delegation of authority of financial resources and present to the management team and Board for approval
Financial Analysis & Reporting
- Ensure analysis and articulation of Company’s financial performance in line with relevant international financial reporting standards (IFRS)
- Leverage the company business model for generating value and translate the operational metrics into key performance indicators to ensure strategic focus on the value drivers of the business
- Coordinate timely preparation of financial statements and ensure the statements reflect the company’s financial position and comply with statutory and regulatory requirements
- Oversee the external audit exercise
Budgeting & Planning
- Coordinate the planning, implementation, and monitoring of yearly budgets for the Company
- Co-ordinate the financial planning process to support company’s growth and expansion plans
- Assess and fully understand the financial requirements and tax implications of these plans and communicate these clearly to the CEO
Capital & Cash Management
- Ensure the proactive management and monitoring of company’s cash-flows, ensure optimal cash management, and implement best practice treasury management practices
- Ensure optimal capital expenditure and working capital management and ensure company has sufficient liquidity to meet its medium-term requirements and banking obligations
- Articulate, develop and implement procedures and controls to ensure that the Company’s funding requirements are proactively anticipated and met at a reasonable cost, lead company’s debt and equity-raising activities
- Recommend and implement hedging options to manage foreign exchange and commodity risks
- Oversee tax planning to optimize the organization’s tax position and ensure full tax compliance
- Ensure effective utilization of the financial resources of the organization including achieving cost efficiency in line with the organization’s business objectives
- Design and implement mechanisms to safeguard the organization’s liquid and fixed assets
- Build and maintain strategic relationships with company’s bank and other financial institutions
General
- Review and authorize key expenditures/ transactions of the departments in line with the company’s approved budget and manual of authority
- Manage the finance team and maintain a finance organization that is commensurate and responsive to the needs of the business at all times
- Provide periodic reports on the activities and performance of the finance function
KEY PERFORMANCE INDICATORS (KPIs)
- Company’s overall financial performance
- Timeliness and accuracy of financial and management reports
- Timely compilation of annual budgets
- Level of budget overruns
- Compliance with relevant statutory financial requirements
- Operating Cash Flow
- Effective Tax Rate
SKILLS & REQUIREMENTSEducational and Professional Requirements
- First degree or its equivalent in any discipline (preferably accounting, finance, mathematics, or statistics)
- Professional accounting certification, (e.g., ACA, ACCA, CIMA, CFA)
- Minimum of twelve (12) years relevant experience (accounting or a finance-related function) with three (3) years in a senior management position
- Experience in the fintech space
Skills and Competencies
- Very good understanding of trends, challenges, opportunities, regulations, and legislations relating to the fintech industry
- Excellent understanding of macro-economic indices and their impact on the business
- Good understanding of foreign exchange operations and regulation
- Experience in strategic financial planning and analysis
- Knowledge of world-class finance function operations and best practices in process improvement and internal controls
- Advanced finance and accounting knowledge, including experience with International Financial Reporting Standards (IFRS)
- Experience in corporate finance including capital project analysis; strategic financial planning and analysis
- Ability to think strategically and holistically and appreciate the systematic impact of complex issues and solutions
- Strong leadership and people management skills, including the ability to manage multi-national and cross-cultural teams effectively
- Strong communication, presentation, interpersonal and relationship management
Expected salary:
Location: Nigeria
Job date: Sat, 29 Mar 2025 23:07:30 GMT