Xavier Institute of Business

Saturday 14 September 2013

Chief Financial Officer

Chief Financial Officer
 
Location : Port Harcourt
Country : Africa
Company : HReade
Description : Serve as a strategic partner and adviser to the MD on the organization’s financial, budgeting, treasury, capital purchasing, investor relations, risk management and accounting processes — with an eye to continuously developing and improving systems.

Develops tools and systems to provide critical financial and operational information to the MD and make actionable recommendations on both strategy and operations

Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.

Oversee the smooth and effective running and administration of the finance, accounting, and treasury functions

Oversee month-end, quarter-end and year-end financial statements

Oversee cash flow planning and ensure availability of funds as needed

Oversee cash, investment, and asset management

Prepare Budgets and Business plans in conjunction with all stakeholders and present same to the Managing Director for approval.

Ensure effective budget and budgetary control system and performance evaluation

Analyze company’s financial performance through comparison of budgets with actuals of Income Statements, Balance Sheets, Cash Flows and other reports.

Administer bank facilities and ensure all obligations to the banks are fulfilled as and when due. Liaise with Banks on the maintenance of facilities, Central Bank of Nigeria guidelines, Interest rates, exchange rates and current issues in the banking sector•

Maintain correspondence with the company’s trade and sundry creditors and organize payments without unduly affecting the company’s cash flow negatively

Identify sources of financing to expand the scope of company’s business opportunities. Supervises investments and raising of funds for business.

Establish and execute programs for the provision of capital required by the company, including negotiating the procurement of debt and equity capital and maintaining the required financial arrangements.

Coordinate strategic, long-range plans of the company, assess the financial requirements implicit in these plans, and develop alternative ways in which financial requirements can be satisfied.

Negotiate project financing; structure and documents financial packages and agreements •
Formulate credit policies and ensure compliance•

Manage and track Company`s fund, assets and investments and periodically issues reports on its current as well as projected financial stability/condition • Ensure financial statements are prepared in line with IFRS •

Study, analyze and report on trends, opportunities for expansion and projection of future company growth.

Assist in Finance/Account Team recruitment and provide relevant on the job training, skills and capacity building.

Establish and maintain strong relationships with other senior executives so as to identify their needs and seek full range of business solutions.

Qualifications : Bachelor's degree in Accounting/Economics or related field

Master’s degree in Accounting, Finance or Business

Professional qualification such as ACA, ACCA, required

Banking Experience

Contact Details

Contact Person : Tosin Odusote
Telephone :
Fax :
E-mail : tosin.odusote@hreade.com
Apply Online :
Website : www.hreade.com
Reference : FJA-HRe-CFO001

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