Job Title
Chief Financial Officer
Location
Abuja
Job Field
Finance, Accounting, Audit
Job Description
Reporting to the Managing Director, the CFO will be responsible for building and managing effective and streamlined operations, processes and systems relating to finance, accounting, treasury, procurement, IT, administration, contracts and Internal Control. The CFO will focus on strengthening his or her team’s capacity to develop, implement and manage cost effective and efficient policies, practices, with particular attention to rigorous internal control systems and procedures.
Role
Work with Program Directors to ensure the success of each program through cost analysis support and compliance with all contract and program requirements. This includes:
Interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local and contractual guidelines.
Ensuring that all government regulations and requirements are disseminated to appropriate personnel.
Determine the optimal structure that will best deliver on the financial services, obligations and commitments of the organisation.
Assess and fully develop the financial systems of the organisation to superior levels of service and functionality for all customers served by the finance department.
Develop financial processes that proactively and strategically establish the highest levels of benchmarks and performance for the total organisation in cooperation with the executive team and field operations.
Manage cash flow and forecasting. Develop a reliable cash flow projection process and reporting mechanism that includes the minimum cash threshold to meet operating needs.
Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee financial management for sub-awards and programs.
Monitor banking and investment activities of the organization.
Qualification
Must possess a first degree or its equivalent in Accounting, Economics or other numerate discipline.
A relevant second degree MBA or MSc is desirable.
A professional accounting qualification such as ACA or any other equivalent qualification from a recognised professional body.
Must possess at least 20 years post qualification experience in financial analysis and reporting preferably in the not-for-profit or private sectors; with a minimum of 5 years in senior financial management role.
Working experience in a fairly complex environment with multi donors, multi projects, in partnership with some sub recipients and with responsibility for financial oversight.
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