Chief Financial Officer At TeamAce Limited

Job Details

Job Title: Chief Financial Officer At TeamAce Limited
Organisation: TeamAce Limited
Location: Lagos State
Min Work Experience: Not Specified year(s)
Qualification: BSc / MA / M.Sc
Industry: Accounting/ Audit/ Finance
Course: Accounting

TeamAce Limited - Our client, a start-up in the Regulatory / Legislation space is recruiting to fill the position below:

Job Title: Chief Financial Officer

Location: Lagos
Employment Type: Full-time

Responsibilities

  • To act as Chief Financial Officer and strategic business partner to Group senior executive leadership team.
  • To assess and evaluate the financial performance of the organization with regard to long-term operational goals, budgets, and forecasts.
  • Provide insight and recommendations to both the short-term and long-term growth plan of the organization.
  • Identify, acquire and implement systems and software to provide critical financial and operational information.
  • Evaluate departments and make suggestions for automating processes and increasing working efficiency.
  • Communicate, engage and interact with Board of Directors, CEO, COO, ED (Finance), and Executive Leadership Team.
  • Create and establish yearly financial objectives that align with the company  s plan for growth and expansion.
  • Involve in the process to recruit, interview, and hire finance, accounting, and payroll staff as required.
  • Serve as a key member of the executive leadership team and round table discussion panel.
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models.
  • Interact with and bring the department into line with the Board of Directors   plans, initiatives, and recommendations.
  • Implement policies, procedures, and processes as deemed appropriate by the senior leadership team.
  • Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division/unit, and weekly cash flow by division/unit.
  • Review and analyze monthly financial results and provide recommendations.  Develop metrics for reviewing and interpreting financial performance such as financial ratios, KPI, KRI, KGI, etc.
  • Identify, develop and execute analysis of business initiatives, product launches, and/or new service offerings.
  • Develop and maintain a monthly operating budget and annual company operating budget.
  • Manage financial planning and analysis department.
  • Supervise the creation of reports, software implementation, and tools for budgeting and forecasting.
  • Supervise the accounting department to ensure the proper functioning of all systems, databases, and financial software.
  • Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
  • Review and ensure the application of appropriate internal controls, compliance, and financial procedures.
  • Ensure timeliness and accuracy of financial and management reporting data for the company  s board of directors.
  • Oversee the preparation and communication of weekly, monthly, quarterly and annual financial statements.
  • Oversee the preparation and timely filing of all local, state, and federal tax returns.
  • Ensure compliance regarding all financial functions.
  • Work with Human Resources to ensure appropriate legal compliance.  Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
  • Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation.
  • Enhance and implement financial and accounting systems, processes, tools, and control systems
  • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
  • Coordinate and strategize methods used to attain team goals
  • Manage cash flow planning process and ensure funds availability.  Oversee cash, investments, and asset management area.
  • Explore new investment opportunities and provide recommendations on potential returns and risks.
  • Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization  s plans and operating budgets.
  • Engage with the board of directors to develop short-term and long-term plans, projections, and budgets.
  • Represent the company in banks, financial partners, institutions, investors, public auditors, and officials.
  • Remain current on audit best practices as well as state, federal, and local laws regarding company operations.
  • Mentor and develop a team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
  • Oversee weekly cash management, approve low/large payables.
  • Supervise Accounts Receivable management and provide guidance relating to the collection process.

Job Requirements / Specifications

  • Bachelor's Degree in Accounting or Finance.
  • Must be a Chartered Accountant.
  • MBA from top business school preferred.
  • Strong background in accounting.
  • Possession of CFE, CISA, CFAN professional certifications as an added advantage.  8+ years total accounting or finance post qualification experience.  Outstanding knowledge and understanding of IFRS, FIRS, compliance, and regulatory reporting.
  • Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
  • Hands-On  Tally ERP, SAP, experience preferred.
  • Outstanding communication and presentation skills.
  • Demonstrated leadership ability, confidence, and executive presence ability to motivate staff.
  • Excellent analytical, reasoning, and problem-solving skills.
  • Significant experience working with external auditors, internal controls, and compliance-related issues.

Salary
NGN 500,000 - 650,000 Monthly.

 

Submit CV to: APPLY HERE
Application Deadline: 04 May, 2021


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