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  • Posted: Nov 26, 2021
    Deadline: Dec 17, 2021
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  • Sovereign Finance Limited is a leading financial services provider with a prime desire to promote trailblazing Financial & Investment solutions to customers in different sectors of the Nigerian economy.
    Read more about this company

     

    Chief Financial Officer

    Job Responsibilities

    • Provide leadership and management to the financial department
    • Provide financial strategy recommendations to CEO and executive team
    • Identify and address potential financial risks for the company
    • Oversee all financial decisions, such as budgeting and auditing
    • Implement strategies and systems to improve financial performance
    • Support financial department in developing short- and long-term financial goals
    • Review financial reports and determine methods to reduce costs
    • Serve as a key point of contact for financial department and auditors
    • Prompt presentation of the Monthly & Annual Management Account
    • Ensuring that financial audits are well and promptly carried out
    • Manage Tax agencies, while ensuring that there are minimal Tax related issues by ensuring prompt payment of all Taxes (WHT, WAT, PAYE, etc)
    • Ensure Treasury Management is up to date and effective
    • Oversee Cashflow and Liquidity position of the company.

    Key Performance Indicators

    • Turn Around Time on Payment processing
    • Liquidity ratio/ Operating Cashflow
    • EBITDA Growth
    • Overhead Cost Ratio
    • SFL Investment yield to Booked Investment (Customers’ Investment Booked)
    • Competitiveness of SFL’s rate compared to competition
    • Management Report 3rd Working day of the new month
    • Account Payable Turnover
    • 95% Tax compliance
    • 99% Regulatory Compliance
    • Number of Audit Journals passed.

    Qualifications

    • First Degree in Accounting; ACCA, ICAN, MBA will be a added advantage.
    • 10 - 15 years relevant work experience.

    Method of Application

    Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.

    Note: Only qualified candidates will be contacted within two weeks of application.

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