Chief Financial Officer at a Reputable Company

Our client in the retail space with several outlets across Nigeria is seeking an ideal candidate for the role of the Chief Financial Officer. The Chief Financial Officer is responsible for providing strategic financial leadership and oversight of all financial operations, ensuring financial health, regulatory compliance, and operational efficiency. The role involves managing corporate finance, financial planning, treasury, financial reporting, tax management, accounts payable, fixed asset management, and inventory management.

• Corporate Finance & Strategy:
  • Develop and execute financial strategies that align with the company’s business objectives.
  • Lead capital structure planning, investment analysis, and financial risk management.
  • Oversee budgeting, forecasting, and financial modelling to support decision-making.
  • Drive cost optimization initiatives to improve profitability.
• Financial Reporting & Compliance:
  • Ensure accurate and timely preparation of financial statements in line with IFRS and regulatory standards.
  • Oversee financial audits and liaise with external auditors, regulatory bodies, and tax authorities.
  • Implement robust internal controls and risk management processes.
• Treasury & Cash Flow Management:
  • Manage cash flow, liquidity, and working capital to optimize financial stability.
  • Oversee banking relationships, loan management, and financial negotiations.
  • Ensure efficient treasury operations, including payments, collections, and foreign exchange management.
• Tax Planning & Management:
  • Ensure compliance with all tax regulations, including VAT, PAYE, corporate tax, and withholding tax.
  • Develop tax-efficient strategies to optimize the company’s tax position.
  • Liaise with tax authorities and advisors on tax audits and regulatory matters.
• Accounts Payable & Fixed Asset Management:
  • Oversee the accounts payable function to ensure timely vendor payments and proper reconciliation.
  • Ensure proper recording, valuation, and depreciation of fixed assets.
  • Develop policies for asset acquisition, utilization, and disposal.
• Inventory & Cost Management:
  • Implement financial controls for inventory management to minimize shrinkage and losses.
  • Collaborate with procurement and operations teams to optimize inventory turnover.
  • Ensure accurate valuation and reporting of inventory across all stores.
• Leadership & Stakeholder Management:
  • Lead and mentor the finance team, fostering a high-performance culture.
  • Provide financial insights and recommendations to the CEO and Board of Directors.
  • Collaborate with other departments to support business growth and operational efficiency.