Chief Financial Officer (CFO)

IT Horizons

Lagos,Nigeria

Closing: Jan 8, 2024

2 months remaining

Published: Nov 20, 2023 (11 days ago)

Job Requirements

Education:

Work experience:

Language skills:

Job Summary

Contract Type:

Job Summary

To achieve cost-effective utilisation of IT Horizons’ financial resources, through the definition of financial standards, policies and procedures.

Requirements

Candidates should possess minimum of Master's Degrees with 12 - 14 years relevant work experience.

Responsibilities

Job Summary

To achieve cost-effective utilisation of IT Horizons’ financial resources, through the definition of financial standards, policies and procedures.

Requirements

Candidates should possess minimum of Master's Degrees with 12 - 14 years relevant work experience.

Engages Executive Management and the appropriate Board Committee to develop short, medium, and long-term financial plans and projections.

Develops and utilise financial models and activity-based financial analysis to provide a basis for investment decisions and business planning.

Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations.

Develops and maintain a system of appropriate financial policies, procedures and controls to ensure efficient financial management.

Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget.

Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors or lending institutions and IT Horizons’ management on a periodic and /or ad-hoc basis.

Raise funds as approved by the Board of Directors to finance IT Horizons’ activities.

Implement a sound accounting framework in compliance with statutory provisions.

Develops and implement a robust and reliable financial reporting system in compliance with statutory requirements.

Ensures that adequate controls are in place to facilitate seamless payment system.

Establish measures or controls to ensure that all financial transactions are accurately captured and reported.

Approve accruals and adjustments on erroneously posted financial transactions into the financial system.

Liaise with statutory auditors to discuss and resolve queries as they arise to ensure seamless audit exercise.

Develops and manage relationships with relevant external bodies e.g. regulatory organisations, auditors, solicitors, banks etc.

Respond to relevant requests from financial institutions.

Approves payroll along with Head, Human Resourcesto facilitate payment to staff.

Advise executive management on changes in financial regulations, legislation and government tariffs.

Manage IT Horizons’ treasury assets to achieve optimal sourcing, application and growth of funds.

Provide technical training, guidance and advise on financial accounting issues, developments and trends to other business or departmental heads.

Manage day-to-day accounting transactions and provide leadership to company’s Finance Department.

Manage the performance of staff in Finance Department.

Review weekly financial reports submitted by relevant departments or units and presents timely reports to the Board of Directors.

Coordinates the preparation of the company’s financial reports and statutory reporting process.

Oversees the preparation of regular financial and management accounts.

Perform other duties that may be assigned by the MD/CEO.

Chief Financial Officer (CFO)

Job Requirements

Job Summary

Responsibilities

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