Chief Financial Officer

Job Introduction

Adexen was mandated by an international FMCG company to recruit an experienced Chief Financial Officer for their operations. The position is based in Lagos.

Responsibilities

• The Chief Financial Officer (CFO) role will partner with the BU MDs to ensure their respective finance functions are standardised and enable BU operations. The CFO role will also lead and manage the Group finance function to ensure value delivery to the Group.
• The CFO role is an accounting and financial management role focusing on achieving operational excellence in all corporate accounting and reporting matters for the Group. The role oversees developing financial systems, processes and controls necessary to enable the Group to deliver on its objectives.
• The CFO role is responsible for the management of the financial function resulting in profitability and continuity in the short and long term for the Group.
• Strategy Development: As a member of the Management Team, he will participate in preparing, planning and implementing the strategy for the Group and the business entities, consistent with the strategy of the Group, resulting in a strategic plan for the Group
• Financial Control: Directs and controls the production of financial plans, reports, and budgets within the corporate guidelines in order to give both Group management and BU management adequate insight into the financial situation of the Group.
• Management Control: Provide the Management Team of Group with information concerning finance, investments, cash management and other financial matters, within the corporate guidelines in order to facilitate effective management.
• Financing and Local Banking Relationship: Co-ordinates need for long-term financing in keeping with financial corporate guidelines in order to ensure sufficient funding for the long term and manages contacts with local banks.
• Risk Management: Plans, directs and controls risk management in cooperation with corporate financial management in order to guarantee a balance between the (financial) risks to which the company is exposed and the cost of insurance against these risks.
• Treasury and Working Capital Management: Plans and controls local treasury within the guidelines set by Corporate Finance, in order to guarantee effective short-term working capital management.
• Group Finance: Provide expert advice and support to BU Finance Controllers and the finance team.
• Group financial planning and analyses, consolidation & reporting, including IFRS.
• Train, coach, mentor and provide other developmental support initiatives for BU finance teams on an ongoing basis to enable them to grow.
• Group Level Treasury Service : Negotiations for facilities for the Group in terms of: Interest Rates, COT and L/C Charges + Conditions, Repayment terms and Security / Legal documentation with bankers, leveraging the Group’s combined turnover
• Tax, Insurance and HMO: Group Tax management (ensure compliance, maximise the relationship with Tax authorities, minimise Tax overcharges for each BU).

Desired Skills and Experience

• Bachelor's Degree in Finance or Accounting from a recognised university
• Must have a Post Graduate Degree such as MBA, M.Sc., etc. 
• Professional Certification / Membership (ACCA, etc.)
• Minimum of 15 year’s experience at a Senior Management level in Finance preferable in an international corporation operating in the Manufacturing / FMCG sector.
• Strong Knowledge of Tax and Risks Management.
• Sound experience in Financial / Management Accounting
• Sound experience in Treasury Management.
• Sound experience in Budgeting and Reporting.
• Strong Knowledge of IFRS Accounting Standards.
• Large multicultural team management experience

We thank all applicants however only those selected will be contacted.