Chief Financial Officer (CFO) needed at SIAO

Job Description

• The Chief Financial Officer (CFO) is responsible for overseeing all financial aspects of the company.
• This includes financial planning, analysis, reportingand risk management.
• The CFO will work closely with the CEO and other executives to develop and implement financial strategies that align with the company’s overall business objectives.

Key Responsibilities
Financial Planning and Analysis:

• Develop and implement comprehensive financial plans and budgets.
• Conduct financial analysis to identify trends, opportunities, and risks.
• Monitor key financial metrics to ensure the company’s financial health.

Financial Reporting:

• Oversee the preparation of accurate and timely financial statements.
• Ensure compliance with all relevant accounting standards (e.g., GAAP, IFRS).
• Prepare reports for the board of directors, management, and external stakeholders.

Risk Management:

• Identify and assess financial risks.
• Develop and implement risk mitigation strategies.
• Manage insurance programs to protect the company’s assets.

Treasury Management:

• Manage the company’s cash flow and liquidity.
• Oversee banking relationships and debt financing.
• Manage foreign exchange risk.

Tax Planning and Compliance:

• Develop tax strategies to minimize tax liabilities.
• Ensure compliance with all tax laws and regulations.
• Manage tax audits and disputes.

Investor Relations:

• Communicate with investors and analysts.
• Manage investor relations activities, such as earnings calls and roadshows.

Team Leadership:

• Lead and manage a team of finance professionals.
• Recruit, developand retain top talent.
• Foster a positive and collaborative work environment.
• Performance Management Parameters
• Timeliness of monthly management of accounts and other financial reports
• Budgeting and Forecasting
• Expense Management
• Payroll and Treasury Management
• Tax Analysis and Management
• Fixed assets Management
• Goodwill valuation
• Cashflow projections
• Current Annual Growth Rate
• Returns on equity
• Operating Income

Preferred Personal Characteristics

• First degree (BSc/HNDfinance/accounting)MBA is an added advantage
• Qualified Accountant (ICAN, ACCA,CIPFA, ACA)
• Minimum of 7 years post qualifying experience in both Accounting and Management
• Substanstial experience at Senior Management Level
• Experience of developing, delivering and monitoring financial strategy
• Experience in preparation, monitoring and reporting of budget and financial management information
• Proven track record in the oil and gas industry.
• Strong leadership and management skills.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• In-depth knowledge of financial accounting and reporting standards.
• Experience with financial modeling and forecasting.
• Strong understanding of the oil and gas industry’s economic and regulatory environment.

Required Competencies:

• Experience in the Financial Management of an Oil and Gas accounts and VAT reporting
• Excellent Working Knowledge of Accounting Systems
• Experience of working within the Oil and Gas Industry

Key Resources Required:

• Official Car
• Laptop
• Telephone
• Stationeries etc.