Chief Financial Officer (CFO) - Expatriate

Job Introduction

Adexen was mandated by an international FMCG company to recruit an expatriate Chief Financial Officer for their operations. The position is based in Lagos.

Responsibilities

• He/She will partner the BU MDs to ensure their respective finance functions are standardized and enabling BU operations. The CFO role will also lead and manage the Corporate Office/Group finance function to ensure value delivery to the Group.
• The CFO role is an accounting and financial management role focussing on achieving operational excellence on all corporate accounting and reporting matters for the Group. The role oversees developing financial systems, processes and controls necessary to enable the Group deliver on its objectives. 
• The CFO role is responsible for management of the financial function resulting in profitability and continuity at the short and long term for the Group.
• As a member of the Management Team participates in preparing, planning and implementing the strategy for the Group and the business entities, consistent with the strategy of the Group, resulting in a strategic plan for the Group.
• Directs and controls production of financial plans, reports, and budgets within the corporate guidelines in order to give both Group management and BU management adequate insight into the financial situation of the Group.
• Provide the Management Team of the Group with information concerning finance, investments, cash-management and other financial matters, within the corporate guidelines in order to facilitate effective management.
• Co-ordinates need for long-term financing in keeping with financial corporate guidelines in order to ensure sufficient funding for long term and manages contacts with local banks.
• Plans, directs and controls risk-management in co-operation with corporate financial management in order to guarantee a balance between the (financial) risks to which the company is exposed and the cost of insurance against these risks. Handles claims.
• Plans and controls local treasury within the guidelines set by Corporate Finance, in order to guarantee an effective short-term working capital management.
• Develops, implements and controls ICT-systems in compliance with the ICT-strategy set out by Corporate ICT,  resulting in an up to date, reliable information system.
• Provide expert advice & support to BU Finance Controllers and finance team
• Group financial planning & analyses, consolidation & reporting, including IFRS
• Train, coach, mentor and provide other developmental support initiatives for BU finance teams on an on-going basis to enable them grow.
• Negotiations for facilities for the Group in terms of:  Interest Rates, COT & L/C Charges + Conditions, Repayment terms and Security / Legal documentation with bankers, leveraging the Groups combined turnover.
• Group Tax management (ensure compliance, maximise relationship with Tax authorities, minimise Tax overcharges for each BU)
• Group-wide negotiations for better deals and services in the area of Insurance & HMO.

Desired Skills and Experience

• Bachelor's Degree in Finance or Accounting from a recognised university
• Must have a Post Graduate Degree such as MBA, M.Sc., etc. 
• Professional Certification / Membership (ACCA, etc.)
• Minimum of 15 year’s experience at a Senior Management level in Finance preferable in an international corporation operating in the Manufacturing / FMCG sector.
• Strong Knowledge of Tax and Risks Management.
• Sound experience in Financial / Management Accounting
• Sound experience in Treasury Management.
• Sound experience in Budgeting and Reporting.
• Strong Knowledge of IFRS Accounting Standards.
• Large multicultural team management experience

We thank all applicants however only those selected will be contacted.