JOB OPPORTUNITY: VACANCY FOR CHIEF FINANCIAL CONTROLLER

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aidelokhai akalakini

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Feb 22, 2023, 5:50:33 PM2/22/23
to Chartered Accountants

Dear All,

Trust you are doing well.

We are urgently seeking for Accounting professionals  who should have  qualified CA or CPA and must have experience with a manufacturing company in Lagos Nigeria.

This is a full time opportunity  and payment will be up to 4000 USD Per Months and family status located in Lagos, Nigeria.

Job Description

-Drive business performance by working closely with management and shareholders, running investor relations function, managing costs through process improvements and benchmarking, and strengthening the finance function. 

-The right candidate will act as a trusted partner to each of the business’ key constituents -- sales team, customers, vendors, regulators, investors, auditors, management, and board of the company -- and will deliver the tools, information and analysis that empower each to drive exceptional performance. 

-The right candidate is also required to develop or challenge financial models, business models, and investment ideas by applying shareholder mentality (with the focus on long-term value generation) to potential decisions.


Key Responsibilities

Strategy, Planning, and Management:

·        Act as Chief Financial Controller and strategic business partner to the senior executive leadership team.

·        Assess and evaluate the financial performance of the organization about long-term operational goals, budgets, and forecasts.

·        Provide insight and recommendations to both short-term and long-term growth plans 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 the Board of Directors, CEO, COO, and Executive Leadership Team.

·        Create and establish yearly financial objectives that align with the company's plan for growth and expansion.

·        Select and engage consultants, auditors, and investors.

·        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.

Financial Analysis, Budgeting, and Forecasting:

·        Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.

·        Review and analyze monthly financial results and provide recommendations.

·        Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.

·        Develop and maintain the monthly operating budget and annual company operating budget.

·        Manage the financial planning and analysis department. Supervise the creation of reports, software implementation, and tools for budgeting and forecasting.

·        Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.

·        Accounting, General Ledger, Administration and Operations:

·        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 federal funders, foundations, investors and the company's board of directors.

·        Oversee the preparation and communication of weekly, monthly 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.

·        Oversee preparation of monthly, quarterly and annual financial statements.

·        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

·        Hire, develop and manage accounting directors, managers and staff

·        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 with Chief Accounting Officer and Regional Controllers.

Financial Management:

·        Manage the 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.

Financial Relations and Policies:

·        Engage finance committee and / or board of directors to develop short term and long term plans, projections and budgets.

·        Represent the company to 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.

Finance and Accounting Team Management:

·        Mentor and develop a team of 10 senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

·        Guide larger, cross-divisional teams outside of direct span of control within the three main company divisions.

Cash Management:

·        Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs

·        Supervise Accounts Receivable management and provide guidance relating to the collection process

Qualifications:
•    A minimum of 4 years in management positions with at least 3 years in financial controller role
•    Master’s degree with relevant qualifications such as CA.
•    Previous experience in a growth business, and experience working with the board of directors

 
Interested and qualified candidates should forward their CVs to akala...@gmail.com , using “Financial Controller” as the subject of the mail

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