Head of Finance needed at The People Practice
Job title : Head of Finance
Job Location : Lagos
Deadline : June 12, 2024
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Our client is looking to hire a Head of Finance who will be responsible for overseeing all aspects of the company’s financial operations. He or she will be expected to drive profitable growth and achieve long-term financial stability.
Responsibilities
Financial Leadership:
- Develop and implement long-term financial strategies aligned with the company’s overall objectives.
- Oversee the preparation of annual budgets, financial forecasts, and cash flow projections.
- Analyze financial performance, identify trends and risks, and provide strategic recommendations to the MD/CEO and leadership team.
- Ensure adherence to accounting principles (IFRS) and maintain strong internal controls.
Treasury Management:
- Manage the company’s cash flow, ensuring sufficient liquidity to meet operational needs.
- Develop and implement strategies to manage risk associated with foreign currency fluctuations and interest rates.
- Secure financing for growth initiatives and capital expenditures through relationships with banks and other financial institutions.
Financial Planning & Analysis (FP&A):
- Provide financial analysis and insights to support business development, project evaluation, and strategic decision-making.
- Develop and implement performance metrics to track progress towards financial goals.
- Work closely with the Business Development and Contract Management departments to assess the financial viability of new projects.
Financial Reporting & Compliance:
- Oversee the accuracy and timeliness of financial reporting, ensuring compliance with all regulatory requirements.
- Manage the external audit process and maintain strong relationships with external auditors.
- Develop and implement strategies to minimize tax liabilities.
Team Leadership:
- Provide strategic direction and leadership to the financial planning & budgeting officer, and accountant.
- Foster a culture of professionalism, accuracy, and continuous improvement within the finance department.
- Develop and mentor the finance team, ensuring a strong talent pipeline for the future.
Qualifications
- Chartered Accountant or equivalent professional designation (ACA/ACCA, ACS, ACTI, CFA).
- Minimum of 10 years cognate experience (at least 5 of this must be in a senior financial leadership role within the oil and gas services or a similar industry).
- Proven track record of success in developing and implementing financial strategies that drive growth and profitability.
- Experience with financial reporting, modelling, forecasting, controls, and risk management practices.
- Strong understanding of IFRS accounting principles, financial reporting standards, and regulatory requirements.
- Proficiency in relevant industry software applications (e.g., account management, modelling, and budgeting tools).
- Strong understanding of financial risk management practices.
- Ability to identify, assess, and mitigate financial risks.
- Knowledge of enterprise resource planning (ERP) systems and financial reporting software.
- Strong financial literacy and understanding of cost analysis.
- Extensive Capital allocation and management experience
Must have skills
- Must have excellent communication, interpersonal, and presentation skills.
- Must poses strong decision-making and problem-solving skills.
- Ability to collaborate effectively with other departments and senior leaders.
- Proven ability to lead and motivate cross-functional teams.
- Must have the ability to translate business objectives into actionable plans.
- A strong etiquette of confidentiality
- Must have excellent negotiation skills to deal with banks, lenders, and other external stakeholders.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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