Chief Financial Officer (Audit Experience) at Oasis Africa Consulting

Job Description

• To achieve cost-effective utilization of and accounting for Promenade’s financial resources, through the definition and enforcement of Financial Standards, Policies and Procedures.
• Engages Executive Management and the appropriate Board Committee to develop short, medium, and long-term financial plans and projections
• Develops and utilizes financial models and activity-based financial analysis to provide a basis for investment decisions and business planning
• Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations
• Develops and maintains a system of appropriate financial policies, procedures and controls to ensure efficient financial management
• Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget.
• Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors/lending institutions and Promenade’s management on a periodic and /or ad-hoc basis.
• Raises funds as approved by the Board of Directors, to finance Promenade’s activities.
• Implements a sound accounting framework in compliance with statutory provisions
• Develops and implements a robust and reliable financial reporting system in compliance with statutory requirements
• Works to ensure that adequate controls are in place to facilitate seamless payment system
• Puts in place measures or controls to ensure that all financial transactions are accurately captured and reported
• Approves accruals and adjustments on erroneously posted financial transactions into the financial system
• Liaises with external auditors to discuss and resolve queries as they arise to ensure seamless audit exercise
• Develops and manages relationships with relevant external bodies / contacts e.g. regulatory organizations auditors, solicitors, banks etc.
• Responds to relevant requests from financial institutions
• Approves payrolls along with the Head - Human Capital to facilitate payment to staff
• Manages the company’s payroll system
• Advises executive management on changes in financial regulations, legislation and government tariffs
• Manages Promenade’s treasury assets to achieve optimal sourcing, application and growth of funds
• Provides technical training, guidance and advise on financial accounting issues, developments and trends to other business or departmental heads
• Manages day-to-day accounting transactions and provides leadership to Promenade’s
• Finance Department
• Manages the performance of staff in the Finance Department
• Reviews and approves the Annual Leave schedule for staff of the Finance Department
• Reviews weekly financial reports submitted by relevant departments/units and presents timely reports to the Board of Directors
• Coordinates the preparation of the company’s financial reports and statutory reporting process
• Oversees the preparation of regular financial accounts and management accounts

Qualifications

• Minimum of Bachelor's Degree in Accounting, Finance, Economics or any related discipline
• Minimum of twelve (12) years relevant experience, 5 of which must have been in an Executive Management position of an organization, interfacing with the Executive team and Financial partners
• Relevant professional certifications e.g. Chartered Financial Analyst (CFA) , Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent
• Experience of statutory financial reporting and knowledge of GAAP, IFRS.

Desirable:

• MBA or Master’s degree in a related discipline is an advantage.

Remuneration
Pay is Competitive.