Chief Finance Officer at Elizabeth Maddeux

Our client, a leading FMCG manufacturing company in Lagos, is seeking a highly experienced Chief Finance Officer (CFO) to provide strategic financial leadership and oversight. The CFO will be responsible for driving financial performance, ensuring robust financial controls, managing risk, supporting growth initiatives, and aligning financial strategy with the company’s long-term business objectives.

Key Responsibilities

Strategic Financial Leadership

• Develop and implement financial strategies aligned with the company’s objectives.
• Provide leadership in financial planning, budgeting, forecasting, and performance management.
• Support business growth through strategic investment and cost optimization decisions.
• Advise the Managing Director and Board on financial implications of key decisions.

Financial Planning & Analysis

• Prepare and present monthly, quarterly, and annual financial statements and reports.
• Conduct financial analysis, scenario planning, and profitability analysis.
• Monitor key financial performance indicators and recommend corrective actions.
• Manage cash flow, working capital, and treasury operations.

Accounting & Compliance

• Oversee the accounting function, ensuring accuracy, completeness, and compliance with Nigerian GAAP, IFRS, and regulatory requirements.
• Ensure timely filing of tax returns and compliance with FIRS, CBN, and other statutory bodies.
• Maintain internal controls and safeguard company assets.
• Manage external audits and regulatory inspections.

Risk Management & Governance

• Identify and mitigate financial and operational risks.
• Develop and enforce policies, procedures, and internal controls.
• Ensure compliance with corporate governance standards and best practices.
• Oversee insurance, contracts, and legal financial obligations.

Team Leadership & Stakeholder Management

• Lead, mentor, and develop the finance and accounting team.
• Collaborate with other functional heads to support operational efficiency and strategic initiatives.
• Maintain relationships with banks, investors, auditors, and other financial partners.

Key Performance Indicators (KPIs)

• Revenue growth and profitability metrics.
• Budget variance analysis (actual vs planned)
• Cash flow management and liquidity ratios.
• Cost control and efficiency improvements.
• Accuracy and timeliness of financial reporting.
• Compliance with statutory, regulatory, and tax obligations.
• Debt management and capital structure optimization.
• Performance of the finance team (productivity and accuracy).
• Risk management effectiveness.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or Economics;
• Masters in Finance, Accounting or MBA is a requirement.
• Minimum of 10 years’ experience in finance, with at least 5 years in a senior management or CFO role, preferably in FMCG, Construction or manufacturing.
• Membership with ICAN, ACCA or CPA is a strong requirement.
• Strong knowledge of Nigerian financial regulations, IFRS, and corporate governance standards.
• Proven experience in strategic financial planning, treasury, risk management, and stakeholder engagement.

Skills & Competencies

• Strong leadership and people management skills.
• Strategic thinker with excellent business acumen.
• Strong analytical, problem-solving, and decision-making abilities.
• Excellent communication and presentation skills.
• High integrity and professional ethics.
• Ability to work under pressure and meet deadlines

What We Offer

• Competitive salary.
• Training and professional development opportunities.
• Career growth in a performance-driven FMCG Company.
• Supportive team culture and enabling environment.