URGENT JOB FOR CHIEF FINANCE OFFICER IN AN ENERGY COMPANY

Our client is a dynamic and successful energy oriented company. The company has vast technical expertise in working out capacity augmentation, renovation and modernization of power substations. The company has managed major substation projects for both Federal and State governments. They now have an opening for a Chief Finance Officer for a power plant. The role is based in Delta State, Nigeria


Chief Finance Officer
    Job TypeFull Time
    QualificationBA/BSc/HND   MBA/MSc/MA 
    Experience 10 years
    Location Delta
    Job Field Finance / Accounting / Audit 

 Job Profile

The role holder shall be required to adhere to Good Business Practice in the exercise and performance of the powers, authority, duties and responsibilities conferred upon him by the Board of Directors. The role requires sound knowledge of Finance relating to Power Utility Practices, with the ability to develop close working relationships with all stakeholders.

Key Responsibilities

General Business

    Direct and coordinate all Accounting/Finance functions and activities of the company in order to ensure the smooth and efficient running of the Department
    Ensure compliance with statutory authority and audit requirements
    Maintain integrity of Accounting system (software), ensuring it remains effective and operational at all times
    Ensure all taxation and legislative requirements are complied with at all times
    On a monthly basis conduct balance sheet reconciliation for review by Directors
    Where inconsistencies in reconciliations emerge, take remedial actions or refer to relevant personnel as appropriate
    Update “chart of accounts” monthly to reflect account management activities
    Provide assistance and direction to the business entities regarding financial matters

Finance Administration

    Ensure the monthly reconciliation of all ledgers and sub-ledgers
    Ensure daily on-line reconciliation of bank accounts across the various Banks
    Analyse weekly business performance/results on an outlet by outlet basis, providing feedback to Senior Management
    Review asset position comparing figures with financials, advice management on optimum stock levels at branch and warehouse
    Track and monitor daily revenue for accuracy, verifying it against Bank takings
    Suggest and where approved, implement cost management strategies
    Ensure monthly accruals are adjusted to meet demands of the business
    On a monthly basis monitor and track debtors to ensure they are consistent with contract conditions
    In conjunction with Directors, source and identify finance providers at competitive rates
    In conjunction with IT Systems Administrator, coordinate and implement upgrades to Peachtree, providing necessary information/training to direct reports

Budgeting/Forecasting and Reporting

    Co-ordinate and prepare business plan financial forecasts, annual/monthly budgets, including operating and capital expenditure budgets
    Ensure the accurate preparation/reporting of monthly/weekly financial results in strict accordance with Company deadlines
    Where required, provide assistance/direction to managers with regards to the preparation of budgets
    Ensure approved capital expenditure budgets are adhered to at all times
    Collate all relevant information to produce end of year statutory accounts for the company
    Ensure that end of year statutory accounts report is finalized by specified date and presented to Directors for review
    On an annual basis prepare “budget reports” for review by Directors.
    On a monthly basis track and review expenditure against set budgets providing Directors with a Budget Inconsistencies Report

Asset Management

    Ensure all company assets are monitored and accurately accounted for
    Ensure the fixed assets register is managed and maintained with strict adherence to fixed assets register procedure
    On a monthly basis ensure the general ledger is reconciled to the assets register

People Management

    Make self-available as coach/mentor in assisting direct reports to develop in their positions
    Ensure that relevant information is communicated to direct reports enabling them to effectively carry out their functions
    Delegate tasks to direct reports in line with skill, knowledge and ability and identify skill gaps and training requirements
    As required, become involved in relevant personnel matters including recruitment, induction, development, performance management, counselling/disciplinary and termination
    Complete KPI assessment of direct reports within Company specified time frame
    Ensure all reasonable steps are taken in order to achieve workplace harmony within the organization at all times.
Key Requirements
    Bachelor's degree in Accounting or Finance related discipline
    ACA/ACCA is a must.
    FCA/FCCA is an added advantage
    Minimum 10 years experience in a structured organization, 5 years of which must be in a managerial capacity
    5 years experience in Investment Banking or Project Finance
    Experience in a fast growing company or in the Energy or Power sector is an advantage
    Experience with ERP Software tools
    Impressive Excel skills
    Proven presentation skills to both finance and non-finance individuals
    Passion for working with the business to achieve key goals
    A critical thinker with high attention to detail
    Strong commercial acumen
    Demonstrated process improvement
    Extraordinary interpersonal and communication skills

Note: If you have less than 10 years experience you will NOT be contacted
Method of Application
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