Chief Financial Officer (Audit Experience)
- Full-time
Company Description
Our Client is a prominent player in the Nigerian Oil and Gas industry, the company’s operations span across major businesses in the Oil and Gas value chain. Presently recruiting fit for purpose professsional.
Job Description
To achieve cost-effective utilization of and accounting for Promenade’s financial resources, through the
definition and enforcement of Financial Standards, Policies and Procedures.
Engages Executive Management and the appropriate Board Committee to develop short, medium, and long-term financial plans and projections
Develops and utilizes financial models and activity-based financial analysis to provide a basis for investment decisions and business planning
Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations
Develops and maintains a system of appropriate financial policies, procedures and controls to ensure efficient financial management
Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget.
Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors/lending institutions and Promenade’s management on a periodic and /or ad-hoc basis.
Raises funds as approved by the Board of Directors, to finance Promenade’s activities.
Implements a sound accounting framework in compliance with statutory provisions
Develops and implements a robust and reliable financial reporting system in compliance with statutory requirements
Works to ensure that adequate controls are in place to facilitate seamless payment system
Puts in place measures or controls to ensure that all financial transactions are accurately captured and reported
Approves accruals and adjustments on erroneously posted financial transactions into the financial system
Liaises with external auditors to discuss and resolve queries as they arise to ensure seamless audit exercise
Develops and manages relationships with relevant external bodies / contacts e.g. regulatory organizations auditors, solicitors, banks etc.
Responds to relevant requests from financial institutions
Approves payrolls along with the Head - Human Capital to facilitate payment to staff
Manages the company’s payroll system
Advises executive management on changes in financial regulations, legislation and government tariffs
Manages Promenade’s treasury assets to achieve optimal sourcing, application and
growth of funds
Provides technical training, guidance and advise on financial accounting issues, developments and trends to other business or departmental heads
Manages day-to-day accounting transactions and provides leadership to Promenade’s
Finance Department
Manages the performance of staff in the Finance Department
Reviews and approves the Annual Leave schedule for staff of the Finance Department
Reviews weekly financial reports submitted by relevant departments/units and presents timely reports to the Board of Directors
Coordinates the preparation of the company’s financial reports and statutory reporting process
Oversees the preparation of regular financial accounts and management accounts
Qualifications
Minimum of twelve (12) years relevant experience, 5 of which must have been in an Executive Management position of an organization, interfacing with the Executive team and Financial partners Minimum of Bachelor’s Degree in Accounting, Finance, Economics or any related discipline
Relevant professional certifications e.g. Chartered Financial Analyst (CFA) , Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent
Experience of statutory financial reporting and knowledge of GAAP, IFRS.
Desirable:
MBA or Master’s degree in a related discipline is an advantage.
Additional Information
Pay is competitive