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Chief Financial Officer (CFO)

Adexen

Lagos, Nigeria

Job description

Job Introduction

    Adexen was mandated by an international Oil & Gas company to recruit a Chief Financial Officer (CFO) for their operations in Nigeria.

Responsibilities

    Responsible for the Finance operations of the companies, to include but not limited to; Financial and Working Capital Measurement, Planning, Budgeting and Controlling, Governance and Compliance, Risk Management, Business and Strategic Support, Taxes, Internal and External controls/audits and Resource Management.

    He/She will also oversee HR administration.

    • Assume full responsibility for all financial operations and functions within the department.
    • Ensure all transactions are reviewed on a regular basis, balance sheet accounts are managed & cleared, reconciliations and controls are performed, outstanding purchase orders are followed up and irregularities and potential problems are reported.
    • Analyze and present financial reports in an accurate and timely manner
    • Update and implement all necessary business policies and accounting practices
    • Contribute to the development and amelioration of financial systems/models
    • Ensure that funds and cost centres are set up and maintained to support the unit operations and specific requirements
    • Coordinate and lead the annual audit process, liaise with external auditors.
    • Communicate, co-ordinate and manage the relevant processes to ensure all financial year-end and other administration requirements are met timeously, e.g. Prior Year Reserve calculations for all areas and distribution thereof.
    • Maximize Working Capital by; Speed up and improve billing, minimize accounts receivable and DSO, minimize stock holdings and Maximize 3rd party accounts payables and DPO.
    • Prepare monthly, quarterly and annual management accounting reports
    • Oversee and lead annual budgeting and planning process in conjunction with the Regional Office; administer and review all financial plans and budgets
    • Provide innovative financial advices to operational managers to improve performance, increase cash and reduce risks.
    • Ensure tax, legislative and statutory requirements are met.
    • Look for opportunities to minimize tax liabilities of the BU.
    • Understand and mitigate key elements of the company’s risk profile
    • Monitor all open legal issues involving the company, and legal issues affecting the industry
    • Oversees HR activities 

Desired Skills and Experience

    • Bachelor's degree in accounting or business administration from a recognised university
    • Minimum 7 years of progressively responsible experience for a major company or division of a large corporation
    • Proven experience with financially managing industrial projects
    • SAP FI/CO experience
    • Enjoy working in a multi-cultural team, drive to continually improve processes and seek new challenges
    • Knowledge of multi-national accounting and tax practices and experience with international operations.
    • Operationally/Commercially oriented, strategic thinker, who can play a key role in driving the strategic direction of the company
We thank all applicants however only those selected will be contacted.

Industry

Energy / Oil & Gas

Job Seniority

Director

Job Category

Accounting and Finance

Employment Type

Full time

Experience

5 - 10 years

Skills

Compliance, Finance Business Partnering, Oil & Gas, Internal Controls, Internal Audit, HR Policies, Financial Analysis, Engineering, Risk Management, Recruiting, Negotiation, Finance, Team Management

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