Chief Financial Officer (Expatriate) at Adexen Recruitment Agency

Adexen Recruitment Agency – Our client, a leading FMCG company to recruiting suitably qualified candidate to fill the position below for its operations in Nigeria:

Job Title: Chief Financial Officer – Expatriate

Locattion: Lagos
Employment Type: Full time
Industry: FMCG
Job Seniority: Director
Job Category: Accounting and Finance

Responsibilities

The Chief Financial Officer (CFO) is responsible for all financial and fiscal management aspects of the Company’s operations.
Provide strategic financial leadership, business planning, forecasting, accounting and budgeting processes, tax and risk management and optimize returns to the Shareholders.
The CFO reports directly to the Managing Director and assists on strategic and tactical matters as they relate to financial management and their impact to the business operations
Collaborates with the Managing Director to define and articulate the organization’s vision and to develop strategies for achieving that vision.
Provide strategic direction and management of the Finance functions and ensures alignment to the Company’s goals leading to shareholder value creation.
Participate in preparation of the Annual Plan and Strategic Business Plans that improve the efficiency and long term profitability of the business and ensure optimal realization of brand/market potential.
Ensure the design of a robust business-decision-making framework, driving through process improvements and change initiatives that enable the budgeting, forecasting and reporting to be carried out in a consistent and effective manner.
Proactively participate in benchmarking studies of FMCG peers including but not limited to pricing, COGS, overheads, manufacturing costs along with cash flows and balance sheet foot prints
Act in a fiduciary capacity, protecting the value of the brand through safeguarding assets of the company, both tangible and intangible.
Ensure compliance with the company’s policies, procedures and local statutory regulations. Manage Statutory and Internal Auditors.

Implements / Supervises Internal Controls:

Protects and preserve the company’s assets to comply with financial reporting and control requirements.
Standardize. Establish company-wide standards for systems, data and processes

Financial Planning & Projections:

Review and discuss with management the long term strategic business plan and financial projections along with related assumptions
Co-lead with the MD the Annual Operating Plan (AOP) exercise providing insightful information on key value / growing drivers

Treasury:

Provide/review financial projections on cash budgets (i.e. monthly, annually)
Assure that the negotiated bank facilities are competitive in terms of notional, tenor, pricing, roll over, and grace period;
Assure the provision of adequate responses to bank queries for renewal of bank facilities;

External Audits:

Coordinate with the external auditors in planning an effective and efficient audit programs;

Budgeting Control:

Issue the annual comprehensive budget control guidelines to all company’s departments

Desired Skills and Experience

Chartered Accountant / other equivalent degree from an institution of repute
Demonstrated experience as a business partner and “co-pilot” of the MD in driving controls, compliance and performance while improving the business
Experienced CFO / Finance Director with minimum of 5 years leading the finance function and with 15+ years of overall progressive finance experience (incl. commercial finance, financial controls, decision support, reporting, others) with most of his/her working experience in a subsidiary of a global FMCG
Exposed to best practices and global standards and their application in emerging markets, who knows how to balance global standards and local approaches in order to attain targets / outcomes while maintaining intact the controls, compliance and performance agendas
Excellent leadership skills capable of leading people from the front and from the back at every level of the organisation
Meaningful exposure to different ERPs (SAP, Microsoft Dynamics, others) as well as their business implications
Ample experience leading and working across functions as a business partner while keeping the finance rigour and accountability
Good communicator at every level of organisation from operations room to the board room – incl. but no limited to good oral and written English with strong multicultural awareness

Skills: