Chief Financial Officer

Job Description : CFO NIGERIA FOR PALM OIL COMPANY 15-20 years experience Reports to: Group CFO Department: Finance-Commercial Location: Lagos, Nigeria Team Size: TBD The incumbent will be a crucial member of the Finance team focusing on end-to-end Commercial Activities for the different Business Units . Preparation & review of Quarterly Budget/ Forecasts/Tax Financials/ Profit and loss. Developing and reviewing the budget for the upcoming quarter, ensuring alignment with strategic objectives and financial targets. This involves analysing financial data, forecasting revenues and expenses, and identifying areas for cost optimization or revenue growth. Generating and analysing forecasts for the upcoming quarter, considering market trends, historical performance, and other relevant factors. Managing and reviewing the organization's tax-related financial documents. Preparing and analysing tax returns, ensuring compliance with tax regulations, and optimizing tax strategies to minimize liabilities while maximizing benefits. Conducting a thorough review and analysis of the organization's P&L statement. This involves examining revenues, costs, and expenses to assess the financial performance, identify areas of improvement, and provide insights for strategic decision-making. Managing and reconciling financial transactions between different entities within the organization to ensure accurate recording and reporting of intercompany activities. Overseeing stock and inventory processes, including monitoring levels, tracking movement, and implementing effective inventory control measures to optimize supply chain management and minimize costs Responsible for managing commercial activities and taxation within the organization. Working closely with centralized tax department to ensure compliance with tax regulations, manage tax planning strategies, and facilitate efficient tax processes. Collaborating with centralized treasury to oversee cash management, liquidity planning, and optimize financial resources across the organization. Engaging in strategic discussions and negotiations with financial institutions or lenders to secure long-term financing for project initiatives. Conducting regular reviews and reconciliations of bank statements and financial records to ensure accuracy, identify discrepancies, and maintain financial integrity. Coordinating and overseeing internal audits, conducting regular reviews of internal checks and controls, and standardizing processes across various verticals within the organization. Facilitating the planning and execution of internal audit activities, including coordinating with internal audit teams, setting audit objectives, and ensuring audits are conducted in a timely and effective manner. Regularly reviewing the effectiveness and adequacy of internal checks and controls to mitigate risks and safeguard organizational assets. Developing and implementing standardized processes and procedures across various verticals within the organization to promote consistency, efficiency, and best practices. Monitoring compliance with internal policies, regulations, and legal requirements to ensure adherence to established guidelines. Providing timely and accurate reports on internal audit findings, control reviews, and process standardization efforts. Making recommendations for improvement based on audit results to enhance operational effectiveness and efficiency. By coordinating and overseeing internal audits, conducting regular checks and controls, and standardizing processes, promote transparency, identify, and mitigate risks, enhance operational efficiency, and ensure compliance within the organization Excellent Communication and Active Listening Performance-oriented Stakeholder Partnering Functional Competencies Commercial activities Preparation & review of Quarterly Budget/ Forecasts Internal Audit & System Compliance

---

Back