Chief Finance Officer at Aureole

• Job Type: Full time
• Location: Lagos

About the job

Job Title: CHIEF FINANCIAL OFFICER (CFO)

Job Location: HQ (Lagos)

Organizational Level: Level 4

Number of subordinates: 5 Direct + Multiple Indirect

Reports To: The Chief Executive Officer

Job Objectives:

The Job Owner MUST have prior managerial experience in a finance, private equity or financial advisory firm with verifiable hands-on lead experience in arranging or facilitating a minimum sum of NGN2.5B in new capital / debt investments.

Key Responsibilities:

• Management of all finance & treasury activities including financial reporting, financial advisory and project finance activities.

• Lead strategic initiatives designed to reduce cost, manage company overheads and ensure results.

• Devise and execute effective strategies to ensure the company secures the financial resources required to achieve its goals, while mitigating financial and operational risk.

• Manage consolidated group reporting and enforce all accounting standards

• Manage budgeting and financial forecasting functions inclusive of interpretation and predictive analysis of economic trends to achieve long term plans

• Ensure consistency and accuracy of financial reporting; transaction capture; management of chart of accounts; comprehensive asset registers; risk coverage and profitability of all business divisions

• Coordinate and ensure adequacy of funding for all projects inclusive of arranging and facilitating bridging finance as required

• As divisional head, coordinate, coach and supervise financial services and accounting staff on day-to-day operations that includes, but is not limited to, month/year end close, accounts receivable & payable, financial reports, payroll, invoicing, cash receipts and disbursements.

• Works collaboratively with the CEO on new business development inclusive of financial analysis of potential acquisitions, debt, equity and joint venture proposals and partnership agreements

• Negotiation and review of key financial agreements, including mortgages, loan documents, subordination agreement and guarantees as part of any financing and /or construction loan applications, bond financing and/or private debt.

JOB PROFILE

Key Performance Indicators : (180 DAY DELIVERABLES)

• Manage completion of ongoing medium-term funding arrangements • Manage successful completion of Series III NGN8.5B debt note placement exercise

• Review and optimize existing financial modeling & forecasting processes

• Review and optimize procurement systems to secure better supply side credit terms

• Initiate, lead and coordinate book-building and documentation for proposed medium term debt • Initiate and coordinate processes to secure Credit Rating and ISO Standardization

• Effective oversight of group-wide financial systems

• Effective enforcement of financials standards

• Ensuring all records are compliant to NSE requirements for book-building purposes

• Ensure full ongoing compliance with IFRS standards

• Coordinate & supervise STOW Group Plans and Credit Models

• Devise and manage efficient treasury management functions

Skills, Competencies and Requirements: Functional Competencies/Requirements:

1) Minimum of TEN (10) years management level experience

2) Must hold either ACA/ACCA with at least FIFTEEN (15) years post-certification experience

3) CFA or similar Financial Modelling certification will be a strong advantage

4) Proven financial advisory experience

General Management Competencies/Requirements:

1) Strong Leadership skills

2) Strong financial modeling skills

3) Strong negotiating skills

4) Strong People management skills Desired Personal Attributes: 1) STRONG personal Integrity that is attested by character witnesses 2) Proactive self-starter & tenacity 3) Ability to work with all levels of management, build partnerships and teams 4) Highly organized and able to adapt quickly to changing priorities

Compensation: N1.5m gross monthly remuneration.