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Chief Financial Officer at an Upscale Laundry and Dry-cleaning Organization - The People Practice

Posted on Tue 28th Jan, 2025 - hotnigerianjobs.com --- (0 comments)


The People Practice - Our client, an upscale laundry and dry-cleaning organization, is recruiting to fill the position below:

Job Title: Chief Financial Officer

Location: Lagos
Employment Type: Full-time

Job Summary

  • Our client is looking for a Chief Financial Officer (CFO) who will have the overall responsibility for the strategic planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting, risk and governance as well as negotiations.

Responsibilities

  • Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company’s financial strategy and hiring needs
  • Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same
  • Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization
  • Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows
  • Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action
  • Providing leadership, direction and management of the finance and accounting team
  • Providing strategic recommendations to the Founder / CEO and members of the executive management team and Governing Council
  • Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
  • Advising on long-term business and financial planning
  • Provide commercial insight and leadership across the business in order to exceed business plan targets
  • Responsible for ensuring the risk and compliance management framework is embedded and operational for the Group
  • Establishing and developing relations with senior management and external partners and stakeholders
  • Reviewing all formal finance, HR and IT related procedures

Qualifications

  • Master’s Degree (or equivalent experience) in Accounting, Business, Accounting, or Finance
  • Minimum 10 years’ relevant work experience, 7 years management practice of which 3-5 years in FMCG/Retail. Relevant historical roles include but not limited to Director of Finance, Credit Controller, Corporate Development
  • Professional development and training are an added advantage.
  • Certified Public Accountant (CPA) qualification or relevant certifications
  • Proficient in analyzing financial information and using metrics to evaluate performance
  • Proficiency in financial software and management toolsand strong understanding of financial statements and their interpretation
  • Strategic thinking and the ability to provide insights and recommendations to improve financial health
  • Experience in managing receivables, payables, and liabilities
  • Ability to lead and manage the finance department and collaborate with senior managers and the Board of Directors
  • Knowledge of financial control and compliance to ensure the accuracy and integrity of financial data
  • Knowledge of finance functions and their integration into overall business operations
  • Familiarity with the role of a Chief Financial Officer (CFO) and the responsibilities associated with the job title
  • Expertise in financial planning and budgeting to support strategic initiatives
  • Ability to develop and implement a business plan to drive financial growth
  • Understanding of human resources management within the finance department.

Must have skills:

  • Expertise in financial management, including cash flow, financial planning, and financial decision-making
  • Proficiency in strategic planning and the ability to align financial initiatives with business goals
  • Knowledge of capital structure and the ability to optimize financial resources
  • Strong understanding of Generally Accepted Accounting Principles (GAAP) and ensuring compliance
  • Excellent communication skills for effective collaboration with C-suite executives, including the Founder, Chief Executive Officer (CEO), Chief Production Officer (CPO) and Chief Operating Officer (COO)
  • Excellent interpersonal and communication skills for effective stakeholder management and presenting financial information
  • Strong analytical skills to assess financial risks and opportunities
  • Leadership skills to guide and mentor the finance team and foster a high-performing finance department.

Application Closing Date
25th March, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online


  

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