Chief Financial Officer at PricewaterhouseCoopers (PwC)

Reference Number: 130-PEO01139
Department: People & Change Nigeria
Job type: Permanent

Roles & Responsibilities
Strategic Responsibilities:

• Provide strategic management of the Finance function at the company level
• Work with the Board, CEO and Business Heads to evaluate investment and acquisitions opportunities
• Establish and oversee the accounting policies, procedures, and internal controls for the company, including but not limited to revenue recognition, cash management and controls, expense approval authorities, depreciation schedules, etc
• Oversee the reporting of company financial activity to tax authorities, Board of Directors, and outside investors
• Facilitate organizational accountability and transparency, while providing strategic leadership
• Set up a budgeting process for the company, and work with business heads to prepare budgets, report results, analyse variance and initiate corrective actions
• Work with the CEO to analyse organization operations, and to identify opportunities for improvement, cost reduction, and systems enhancement
• Assist the CEO and Board of Directors with strategic initiatives by studying market and economic trends and risks, and how to take advantage of opportunities and mitigate risks
• Assist with presentations to shareholders, investors, and potential partners
• Hire and oversee external financial advisors as needed, including auditors and tax professionals
• Provide critical support for strategic planning, market growth strategy, and shareholder relations
• Provide financial projections, accounting services, and managing the financial risks of the company
• Develop and articulate a comprehensive financial management strategy for the company
• Act as chief advisor and strategist providing needed support to the CEO, employees, and Board with respect to the identification of financial risk, and the resolution of attendant issues
• Provide analysis, insight, and advice on financial performance to the CEO, and Business Unit Leaders for sound decision making for the company
• Develop internal reports and metrics to provide useful information for management of the business
• Direct the Finance department in providing and directing procedures and systems necessary to maintain proper records; afford adequate accounting and project controls; and facilitate accurate and timely preparation of financial statements
• Direct and analyse the general economic, business, and financial conditions and their impact on the organization’s policies and financial operations
• Work closely with the CEO to analyse new business opportunities. Perform financial and tax due diligence, as needed
• Work with the CEO and the Head of Human Resources on financial management and oversight of employee benefit and compensation plans
• Support CEO and Board of Directors in governance and committee participation (audit, stock, finance)

Operational Responsibilities:

• Balance short term concerns and pressures such as managing cash, liquidity and profitability and long-term vision and sustainable organizational success
• Share strategic leadership responsibilities with the CEO and other senior managers and ensure the Finance function supports the business at a strategic and operational level
• Drive and manage change and innovation within the company
• Engage and communicate effectively with colleagues, investors, customers, suppliers, regulators, and other internal and external stakeholders
• Maintain existing investment arrangements and evaluate future investment needs and vehicles
• Identify potential strategic investment trends and opportunities
• Create and maintain a team of professionals (internal or external) to originate, analyse, finance, close and manage investments
• Work with the Board and the company’s business heads to identify and evaluate the capital needed and investment returns of potential new projects of the Group, including acquisitions, investments, and expansion project.

Requirements

• Minimum of first degree in Accounting, Finance, Economics, or any related field. A Master’s degree is an added advantage
• 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 is mandatory
• Minimum of 12 years cognate experience
• Minimum of 6 years of experience as CFO or C Level Finance Executive, with evidence of regular engagement with the Executive team and Financial partners in any of the Energy, Commercial, Oil and Gas sector.