Bureau Veritas is a world leader in testing, inspection and certification services (TIC). Bureau Veritas is a Business to Business to Society service company that contributes to positively transforming the world we live in. We work closely with our clients to address the critical challenges they face and to link these to the emerging aspirations of society. We play a pivotal role in building and protecting companies' reputations, supporting them as they forge the foundations of trust that is built to last.
We are recruiting to fill the position below:
Job Title: Chief Financial Officer
Job ID: 183945 Location: Lagos
Job type: Full time
Category: Finance & Accounting
Accountabilites
Finance:
Provide Finance Leadership and management oversight.
Manage the Nigeria financial reporting, financial analysis, cash flow,
AD50 reporting as well as the yearly budget and forecasts.
Analysing financial data and providing strategic advice to the company on investment with high potential.
Monitoring Expenditure against budget through robust internal control.
Reinforce internal controls
Responsible of the review and accuracy of the balance sheets in the district
Drive cost efficiencies throughout Nigeria
Support CCE during the forecast and budget process as well as in investment decisions and Engagement Committees
Ensure alignment to the Group’s financials and Financial requirements
Making sure all processes and procedures are in place and strictly respected.
Ensure Compliance with International and local statutory and legal requirements and group guidelines , including Ethics and Risk management
Leadership role in cash collection Ensure cash is collected and reduced overdue.
Leadership role during tax controls and making sure tax risk is at minima for the Country
Managing cash and making sure cash transfers are regularly made to BV network and head office
Train and develop the team to achieve operational excellence.
Finance:
Provide Finance Leadership and management oversight.
Manage the Nigeria financial reporting, financial analysis, cash flow ,
AD50 reporting as well as the yearly budget and forecasts.
Analysing financial data and providing strategic advice to the company on investment with high potential.
Monitoring Expenditure against budget through robust internal control.
Reinforce internal controls
Responsible of the review and accuracy of the balance sheets in the
district
Drive cost efficiencies throughout Nigeria
Support CCE during the forecast and budget process as well as in investment decisions and Engagement Committees
Ensure alignment to the Group’s financials and Financial requirements
Making sure all processes and procedures are in place and strictly respected.
Ensure Compliance with International and local statutory and legal requirements and group guidelines , including Ethics and Risk management
Leadership role in cash collection
Ensure cash is collected and reduced overdue.
Leadership role during tax controls and making sure tax risk is at minima for the Country
Managing cash and making sure cash transfers are regularly made to BV network and head office
Train and develop the team to achieve operational excellence.
General Accounting:
Ensure that all reporting requirements are met as per the prescribed reporting calendar – Revenue/ Production/ OP /Cash.
Ensure that all revenues/expenses are captured correctly, posted in the correct periods, Business Units and that all variances against the budget are explained.
Prepare weekly cash and revenue projections.
Liaise with Area on preparation of annual budget as well as update of quarterly forecasts.
Ensure use of cash and balances is at minimum as per the BV Policy
Authorise payment vouchers, TTs.
Carry out a job by job analysis to ensure that all costs are accounted for and some profitability is recorded.
Ensure that all audit adjustments are processed on the statutory TB once the audited FS is approved.
Ensure bank mandates as per the BV policies.
Monitor the efficiency in invoicing and maintain credit notes levels at minimum.
Prepare/compile Monthly Business Review pack.
Carry out risk management reviews and implement risk mitigation procedures.
Review payroll files prior to release of funds.
Support month-end and year-end close process
Perform all others task assigned by CCE/ Area CFO.
Procurement / General Services:
Register all suppliers/vendors as per BV procedures
Negotiate yearly contracts at good prices
Streamline processes
Provide support functions to other Group activities.
Minimum Education, Experience, and other Requirements
Minimum of a Bachelor Degree in Finance / Accounting
Diploma or degree in Management
Must have min. 5 years of Finance and management experience, ideally in multinationals organizations.
Good communication skills (verbal and written) in English. Another language like French is a plus
Registered Accountant
ICAN Fellowship.
Key Performance Indicators:
Revenue, OP and Cash Flow level
Submitting timely & Accurate Monthly reporting
Establish internal controls
Level of cash trapped locally
Effective and proactive day to day communication with CCE on Financial management of the country
Liaise with Auditors/Tax Consultants and Authorities by submitting accurate returns/reports
Clean Balance Sheets for the company
DSO and CIDS below target
Succession Plan
Savings achieved on Procurement.
TAT to deliver to internal clients
Internal client satisfaction.
Key Skiils:
Proficiency in IFRS requirements
Data analysis
Project management
Knowledge of Accounting system on ORACLE (FLEX) is a plus
Work in Team
MO365 Proficient (excel, powerpoint, Power BI,...).
Key Behaviours:
Commitment to the company’s Core Values, Code of Ethics and ‘3 Absolutes’.