Chief Financial Officer

Job Description : CFO NIGERIA Very important & Senior finance position for one of the Largest food & beverages Companies of Nigeria. The company has an annual turnover exceeding 400 million USD per annum. The company is growing at a rate of around 25 30% per annum. The organisation has recently undergone restructuring as recommended by a globally renowned management consultant and the following positions are a result of the same . Position Chief Finance Officer CFO Reporting To Managing Director Positions based at Lagos http JOB DUTIES RESPONSIBILITIES Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis and commentaries Providing a support service by working with all departments and the management team to help make financial decisions Review the financial data and information, update it, to identify inconsistencies and take remedial actions and to provide assistance to direct the operation of financial activities Ensure timely reconciliation of all accounts, to verify its accuracy by tracking and monitoring the financial records, etc. Monitor the debtors and ensure that collections are consistent within the given time limit Prepare accurate monthly and yearly reports, to provide assistance in directing the coordination and preparation of annual budgets, and to ensure that the approved budget has been adhered to, to communicate the variations in budget to the management, and communicate inconsistencies in the budget Ensuring spending is kept in line with the budget Informing key strategic decisions and formulating business strategies Advising on the financial implications and consequences of business decisions Analysing financial performance and so contributing to medium and long term business planning forecasts Negotiating on major projects, loans and grants Offering professional judgement on financial matters and advising on ways of improving business performance Interpreting and communicating financial data to non financial managers Liaising with other function managers to put the finances and accounts in context Monitoring and evaluating financial information systems and suggesting improvements where needed Implementing corporate governance procedures, risk management and internal controls Delegate the tasks to the junior staff persons, to train and mentor them by identifying the skills and training gaps, to be involved in communicating the staffing needs, hiring, and terminating the staff members whenever there is a requirement Collate all the relevant financial information like expenses, liabilities, revenues, assets, etc. and documentation that would ensure readiness and fast execution of the relevant financial activities Recommend potential business acquisition proposals and assists the organisation to make intelligent business and financial related decisions Manage the day to day accounting activities by ensuring adherence to the organisational rules and regulations and statutory compliance Coordinate with the technological department to ensure that a proper accounting system is selected by him that will help in delivering sound financial reports Responsible for maintaining excellent relationship with the internal employees as well as with the insurance organisations, banks, audit and financial firms etc. Develop and implement processes related to document control and management Cash and treasury management Manage all company taxes ensuring timely and accurate filing with tax authorities Coordination of audits with external and internal auditors follow up and clearing of management letters All IT related activities ensuring at any time full operations.

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