Chief Financial Officer

Détails

Job Description :

• We are looking to appoint a Chief Financial Officer that will report to the CEO. The CFO will lead and direct the deve­lop­ment and execu­tion of a finan­cial mana­ge­ment plan, esta­blish and imple­ment compliance processes and proce­dures, anti­ci­pate and control finan­cial risks in line with busi­ness goals and objectives.
• Given the early-stage of the company’s opera­tions, the CFO will play a key role in fund raising across a broad range of inves­tors (DFIs, finan­cial spon­sors, etc), esta­blish and track the appro­priate KPIs for the busi­ness and prio­ri­tize the right areas of invest­ment to help the company scale up efficiently.
• The key chal­lenges will be mana­ging various stake­hol­ders, formu­la­ting inno­va­tive stra­te­gies to keep up with the dyna­mic industry.

Responsibilities :

• Monitor the capi­tal requi­re­ments of the orga­ni­za­tion ; review the long-and short-term finan­cial objec­tives and provide guidance to Executive Management on the finan­cial poli­cies of the Company.
• Develop and main­tain rela­tion­ships with finan­cial insti­tu­tions and inves­tors as may be requi­red, to ensure the busi­ness remains adequa­tely funded in terms of long-term funding and working capi­tal lines ; struc­ture the most effec­tive finan­cing options/solutions and models for the business.
• Develop and moni­tor control systems inclu­ding an ERP system imple­men­ta­tion for the conso­li­da­tion of the exter­nal and inter­nal accoun­ting systems.
• Act as main advi­sor and stra­te­gist provi­ding needed support to the CEO, other execu­tive mana­ge­ment and the Board with respect to the iden­ti­fi­ca­tion of finan­cial and opera­tio­nal risk, and the reso­lu­tion of atten­dant issues.
• Provide finan­cial, admi­nis­tra­tive and opera­ting infor­ma­tion (and such other infor­ma­tion from time to time as may be requi­red) by the Board.
• Review opera­ting results of the Company, compare with set objec­tives, iden­tify root causes of weak perfor­mance and ensures appro­priate measures are taken to correct unsa­tis­fac­tory results.
• Direct and coor­di­nate the funding for new and exis­ting projects and opera­tions towards increa­sing produc­ti­vity, opti­mi­zing the use of capi­tal and maxi­mi­zing returns.
• Consolidate and super­vise the compa­ny’s proce­dures inclu­ding the procu­re­ment process, salary payments, expense policy, etc.
• Establish and main­tain an effec­tive finan­cial mana­ge­ment frame­work cove­ring trea­sury, tax plan­ning, finan­cial control and mana­ge­ment infor­ma­tion systems (MIS) processes that support the company’s mission and busi­ness objectives.
• Assume overall respon­si­bi­lity for the company’s budge­ting (capex, SG&A) process – work with CEO and Financial Controller to prepare budget, report results, analyze variance and initiate correc­tive actions to ensure align­ment with company’s corpo­rate strategy.
• Identify key value drivers for the busi­ness, design and moni­tor opera­tio­nal and finan­cial KPIs to enhance stra­te­gic deci­sion making.
• Manage the overall balance sheet posi­tion of the company in terms of assets, debt and share­hol­ders’ funds and ensure balance sheet meets the growth requi­re­ment of the busi­ness as well as any cove­nants with funding partners.
• Evaluate the company valua­tion on a perio­dic basis.
• Manage the perfor­mance, career deve­lop­ment, welfare and moti­va­tion of employees directly within his func­tio­nal area of responsibility.
• Work with exter­nal audi­tors to address audit queries and achieve progres­sive compliance with accep­table repor­ting stan­dards and best-in-class inter­nal control systems.
• Assist the CEO and Board with compe­ti­tive posi­tio­ning by studying indus­try and econo­mic trends, risks, and define initia­tives to take advan­tage of oppor­tu­ni­ties and miti­gate risks.
• Perform other assi­gned duties as may be dele­ga­ted by the CEO from time to time.

Requirements – Qualification and Skill :

• Appropriate busi­ness degree in Finance and/or Accounting. Masters in Business Administration is highly desi­rable. Certified Public Accountant (CPA) is highly desirable.
• 7+ years in progres­si­vely respon­sible finan­cial leader­ship roles, prefe­ra­bly in the energy space.
• Highly nume­rate, with excellent quan­ti­ta­tive, analy­ti­cal and busi­ness aware­ness skills. An entre­pre­neu­rial and hands-on mana­ger with a desire to work in a dyna­mic, mission-driven orga­ni­za­tion. High level of inte­grity and results orientated.
• Minimum of 10 years cognate expe­rience in Financial / Management Accounting, with 4 – 5 years in senior mana­ge­ment role in a repu­table busi­ness, prefe­ra­bly in the energy industry.
• Experience in Africa is a key requi­re­ment, prefe­ra­bly in Nigeria.
• A proven track record with trans­for­ma­tion and inno­va­tion to drive stra­te­gic growth.
• A very high level of commer­cial aware­ness of the workings of the power indus­try in Nigeria.
• Strong network of high-profile rela­tion­ships with Nigerian and inter­na­tio­nal finan­cial institutions.
• Experience with busi­ness start-up in Nigeria desirable.
• Operational unders­tan­ding of procu­re­ment, HR/OHS&E process will be well regarded.
• Experience with Export Funding (UKEF/EIB) and cross border leasing advantageous.