Chief Financial Officer at Cosgrove Investment Limited

Role Summary

• The Chief Financial Officer (CFO) is a key executive leadership position responsible for the overall financial strategy, management, and health of Cosgrove Investment Limited.
• The CFO will drive the company's long-term financial planning, capital structure, fiscal control, and risk management across both its
• large-scale real estate development and road construction/infrastructure divisions.
• This role requires extensive experience in financial leadership within the Nigerian construction and infrastructure sector.

Key Responsibilities

The CFO's responsibilities are divided into four main strategic areas:

Financial Strategy & Planning

• Strategic Planning: Lead the development and execution of the company's long- term financial strategy, supporting the CEO's vision for growth and market expansion.
• Capital Management: Determine the optimal capital structure; manage equity and debt funding, including liaising with banks, financial institutions, and potential investors for project financing.
• Budgeting & Forecasting: Oversee the preparation and monitoring of the annual budget, financial forecasts, and resource allocation across all departments andprojects  (Real Estate & Infrastructure).
• Investment Decisions: Provide financial analysis and counsel on major capital expenditures, project feasibility, and M&A opportunities.

Financial Operations & Project Control

• Cost Management: Implement robust financial controls and systems to monitor project costs, ensure accurate cost-to-complete reporting, and maximize profitability for complex road and housing projects.
• Treasury & Cash Flow: Direct the Treasury function, managing working capital, optimizing cash flow, and overseeing foreign exchange risk related to imported construction materials and equipment.
• Accounting & Reporting: Direct all accounting operations, ensuring compliance with local (IFRS/SAS) and international accounting standards. Lead the preparation of all statutory and internal financial reports for the Board and CEO.

Risk Management & Compliance

• Financial Risk: Establish and maintain comprehensive risk management policies to protect the company's assets, including credit risk, liquidity risk, and operational risk.
• Tax Management: Oversee all tax planning, compliance, and reporting (e.g., FIRS, State BIRs), ensuring adherence to VAT, WHT, and Corporate Tax laws across all operating states.
•  Audit Management: Act as the primary liaison for both internal and external auditors, ensuring timely and clean audits.

Leadership & Stakeholder Management

• Team Leadership: Lead, mentor, and develop the finance and accounting teams to ensure high performance and strict adherence to best practices.
• Stakeholder Communication: Present financial performance, strategic issues, and future outlook to the CEO/Board of Directors
• Systems Implementation: Champion the selection, implementation, and optimization of ERP systems and financial software relevant to the construction industry.

Qualifications, Experience, and Skills:

Essential Requirements

• Education: Bachelor's degree in Finance, Accounting, Economics, or a related field. An MBA or Master's degree is highly desirable.
•  Professional Qualification: Must be a Fellow or Associate of ICAN or ACCA or equivalent.
•  Experience: A minimum of 15–20 years of progressive experience in finance and accounting, with at least 5 years in senior financial leadership role.
•  Industry Expertise: Mandatory, significant, and verifiable experience within the road construction, infrastructure, or large-scale real estate development sector in Nigeria, managing multi-project budgets.

Core Competencies:

• Leadership: Proven ability to lead, inspire, and manage large, high-performing finance teams.
• Strategic Acumen: Deep understanding of financing structures (both local and international) relevant to infrastructure and property development.
• Analytical Rigor: Exceptional ability to interpret complex financial data and translate it into actionable strategic decisions for executive management.
• Integrity: Unquestionable professional ethics, integrity, and corporate governance standards.