CFO

Job Description : GROUP CFO NIGERIA Business Unit Group Finance Entity Master Power Group all operating companies Reports To Founder & Group Chairman Organisation Level Level 2 reports to the Founder & Group Chairman (Level 1) Functional Line Dotted line from the Finance Controller of each operating company Direct Reports Group finance, treasury and consolidation resources per the approved structure ROLE PURPOSE The Group CFO owns financial control, reporting and capital across Master Power Group. The role consolidates the results of every operating company, sets the accounting and control standards they work to, manages the Group's banking and funding, and gives the Chairman one reliable view of where the Group actually stands. The Group operates six businesses across three countries in contracting, construction, real estate, manufacturing and hospitality, each with different revenue recognition, working capital and risk characteristics. The role exists to impose one financial language on that portfolio, so that performance can be compared, capital allocated and exposure seen before it becomes a problem. The role is a control and capital role. It sets the standard each Finance Controller works to and holds them to it functionally, but it does not manage the operating businesses and does not carry line authority over their non-finance functions. SCOPE OF THE ROLE Consolidation Scope Consolidated profit and loss, balance sheet and cash flow for the Group, and the reporting pack to the Chairman Control Scope Group accounting policy, internal control framework, delegation of authority, and audit across all entities Treasury Scope Banking relationships, facilities, guarantees and bonds, foreign exchange exposure and Group cash position Capital Scope Capital allocation between businesses, investment appraisal, funding structure and the financial case for expansion Compliance Scope Tax, transfer pricing, statutory reporting and regulatory obligations in Kenya, Uganda and Rwanda Systems Scope Orion ERP finance architecture, chart of accounts and the integrity of consolidated data KEY RESPONSIBILITIES Consolidation and Group Reporting Produce the consolidated Group results to a fixed monthly timetable, with variance against plan explained rather than described. Maintain one chart of accounts, one accounting policy and one reporting format across all entities, so that results are genuinely comparable. Report to the Chairman on revenue, margin, cash, working capital, debt and exposure by business and for the Group. Maintain the consolidated forecast and rolling cash projection, and flag deterioration early. Prepare consolidated statutory accounts and manage the Group audit to a clean opinion. Financial Control and Governance Set the internal control framework, delegation of authority and approval thresholds applied in every entity. Hold each Finance Controller functionally to that standard, and countersign their appointment and appraisal. Conduct or commission financial and control reviews across the Group and follow findings through to closure rather than acknowledgement. No standing internal audit function exists; the role determines when external assurance is required. Approve departures from Group accounting policy, and record the basis for each. Own the Group's related-party framework. Trade between Group companies is priced at arm's length on documented terms and accounted for as a third-party transaction in both entities. Test that internal prices are genuinely at arm's length, and rule where an entity disputes a price offered by another Group company. Treasury, Banking and Risk Own the Group banking relationships, facility structure and covenant position. Manage guarantees, performance bonds and letters of credit across the contracting businesses. Manage foreign exchange exposure arising from imported materials, cross-border operations and foreign currency contracts. Maintain the Group cash position and direct the movement of funds between entities within statutory limits. Maintain insurance cover appropriate to the Group's asset base and contractual obligations. Capital Allocation and Business Viability Appraise capital requests from the operating businesses on risk-adjusted return, and recommend allocation to the Chairman. Stress-test business plans and identify which units require acceleration, restructuring or exit. Build the financial case for expansion, new ventures and acquisitions, including due diligence and integration planning. Define entry and exit positions for portfolio adjustments, and quantify the consequence of each. Tax, Statutory and Systems Ensure tax, transfer pricing and statutory obligations are met in each jurisdiction, and manage revenue authority engagement at Group level. Own the finance architecture in Orion ERP, including chart of accounts, consolidation logic and reporting structures. Drive the quality and timeliness of the operational data feeding finance, working with the business heads rather than around them. Build finance capability across the Group and maintain succession cover for Finance Controller positions. QUALIFICATIONS AND EXPERIENCE Education Qualified accountant CPA(K), ACCA, CA or equivalent Degree Bachelor's degree in accounting, finance, commerce or economics; MBA an advantage Experience Total 20 to 25 years, acquired in the sequence set out below Phase 1 Audit and standards First 3 to 4 years in external audit or accounting practice, to build evidential discipline and the habit of substantiating every figure Phase 2 Entity control Next 5 to 6 years in financial control of an operating company, including statutory audit, tax and working capital Phase 3 Treasury and capital Next 4 to 5 years in treasury, banking, funding and investment appraisal, learning how capital is raised and what it costs Phase 4 Group leadership Final 6 years or more as Group CFO or equivalent for a multi-entity group, carrying consolidation, capital allocation and cross-border compliance Multi-sector Demonstrated experience across project-based, manufacturing and asset-holding businesses, whose accounting behaves differently Cross-border Consolidation and statutory compliance across more than one jurisdiction, including transfer pricing Transactions Acquisition due diligence, valuation and post-acquisition integration Systems ERP finance architecture (Orion or equivalent), consolidation tooling and advanced Excel

---