Chief Financial Officer at Simeon's Pivot

Job Description

• The Chief Financial Officer will be reporting to the Executive Director Finance; help in guiding the Company through dynamic growth, market expansion and an ultimate equity liquidity event.
• The CFO will manage and arrange funding requirements for the company and its subsidiaries; ensure the provision of efficient and effective financial support services and advice subsidiaries on new business ventures as and when required.

It includes but is not limited to the following:

• Leading the planning, budgeting and forecasting activities of the company
• Forecasting the funding requirements, assess its impact on the Balance Sheet and Cash Flow, monitoring bank overdrafts limits, and proper cash and treasury management.
• Prepare timely monthly MIS reports with sound analyses and variance explanations.
• Advising senior managers on matters relating to mergers, acquisitions, investments, risk management and business development.
• Provide the Executive Director with all financial requirements on a timely and accurate basis
• Prepare timely annual accounts and ensure timely finalization of audits.
• Manage the working capital with the clear mandate to improve stock management and reduce stock levels, reduce Accounts Receivables & reduce finance costs.
• Responsible for making strategic decisions, investment plans, financial planning/budgeting/ reporting, developing financial aspects of Annual Operating Plan (AOP), capital expenditure plan and cost control including P & L and cost centers responsibility.
• Develop performance measures that support the company's strategic direction.
• Monitoring financial statutory requirements and compliances, etc.
• Monitoring legal cases pertaining to Finance & Accounts function (such as doubtful debts).
• Develop financial, tax strategies and budgeting processes.
• Implementation and maintenance of quality systems and continuous improvement methodologies with specific focus on growth, cost reduction and process improvements
• Organizational development through leadership development plans, succession planning, etc for critical positions in the department.
• Participating actively in management meetings and discussion on business strategy.

Knowledge, Skills and Competency

• Excellent Leadership and Management Skills; firm and decisive
• Interpersonal and Contract negotiation skills
• Excellent Numeracy Skills
• Relevant Functional Skills & Expertise
• Computer literacy with good IT skills
• Proficient in Accounting Package
• Resource & People Management.
• Strategic Thinking & Decision Making.
• Demonstrated strong analytical ability.
• Possess strong written and verbal communication skills
• Organizational and Presentation Skills.
• Good financial/accounting skills and costing experience
• Financial modeling
• Must have strong investigative skills and attention to details
• Strong ethical commitment to impartiality and transparency

Educational Qualification

• HND/B.Sc in Accounting or Finance
• A master’s Degree in accounting is an added advantage
• Professional qualification in Accounting (ACCA)is a MUST

Experience:

• At least 12 - 15years experience in the Accounting field; with a cognate experience as a Chief Financial Officer or in a Managerial position.
• Experience in an energy industry will be an advantage.
• Proven knowledge of International Financial Accounting Standards (IFRS)
• Experienced in cost accounting, budgeting, financial planning, contract negotiation and financial analysis.

Salary
Very Attractive with benefits.