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Abuja FCT |
Posted 2 years ago |
We are recruiting to fill the position below:
Job Title: Chief Financial Officer (CFO) – BMGF Africa HCD+
Job Code: 7447
Location: Abuja, Nigeria
Background of the Project
- Africa (HCD+) is a platform funded by Bill and Melinda Gates Foundation (BMGF) and will have the capability to serve as an African voice for advocacy, accountability and transparency on HCD.
- It will seek to accelerate political commitments, decision-making and funding for key priorities towards realising SDGs #1-6 in Sub-Saharan Africa.
- It aims to incubate regional advocacy and technical assistance hub on Human Capital Development towards increasing African Government’s commitment, funding, and accountability to HCD.
- The platform, through increased HCD advocacy, focuses on three pillars:
- Health and Nutrition;
- Education, skills and labour participation;
- Entrepreneurship, financial inclusion, and digital economy.
- Also, HCD sits across multiple Ministries, Departments and Agencies (MDAs) in many African governments. Hence, no organisation holds an integrated vision for HCD.
- An HCD-focused institution can further help the HCD agenda on the continent. It will focus on four missions:
- Create transparency on the HCD performance across the continent;
- Advocate with heads of state and decision-makers to make HCD a priority;
- Ensure effective coordination and collaboration with stakeholders and decision-makers;
- Selectively drive the implementation of flagship programs in education, health and economic inclusion.
- The programme has since commenced its activities in Abuja.
Summary of the Role
- The CFO is responsible for financial reporting, performance, accounting operations, and compliance with all financial regulations and procedures.
- S/he will ensure a high service to clients and other stakeholders and take responsibility for and lead the company’s day-to-day financial and accounting requirements.
- Produce the monthly financial management information pack, budget and forecast preparation, internal control policies and financial risk management.
- The CFO will report to the Executive Director.
Responsibilities & Duties
- Manage all accounting operations, including A/R, A/P, GL and Revenue Recognition
- Ensure all financial transactions are properly recorded, filed and reported
- Oversee the preparation and publishing of timely financial statements and other regulatory reporting
- Coordinate and direct the preparation of the budget and financial forecasts and report variances
- Coordinate month-end and close year-end process
- Create monthly and annual reports to identify results, trends, and financial forecasts;
- Manage cash flow by tracking transactions and regularly reviewing internal reports;
- Establish and implement financial reporting systems to comply with accounting standards, rules and regulations, taxes, policy, and procedures;
- Standardize and streamline accounting operations
- Implement proper internal controls, coordinate audit processes, and ensure the accuracy of financial information.
- Implement corporate governance procedures and risk management controls
- Overseeing monthly, quarterly and annual Financial Reporting.
- Prepare the statement of accounting policies for the audited financials in compliance with the IFRS.
- Ensuring all reports adhere to Accounting standards, rules, regulations, local filing requirements and accounting best practices.
- Developing financial analysis tools to assist in monitoring budgets and compliance
- Develop and maintain the compliance review strategies, plans, initiatives and processes.
- Supervising audits of processes and controls by ensuring conclusions are accurate, complete, and discussed with management promptly.
- Development and implementation of a formal Risk Management Framework
- Ensuring compliance with CIT, VAT, and other local taxes.
- Evaluating systems and processes to identify opportunities for improvement
Requirements & Specifications
- 10 – 12 years of relevant experience / progressive responsibility in finance and accounting, internal controls, and project operations at the senior level
- ACA or ACCA membership is compulsory
- A proven ability to develop and manage large budgets and in-depth knowledge of Cost Accounting Standards.
- Demonstrated experience in supervising project operations, procurement, subgrants and subcontracts, auditing, and accounting/finance.
- Analytical and forward-thinking problem solver with high ethical standards and professionalism.
- Demonstrated experience and knowledge in establishing operations and financial systems.
- Excellent organizational, analytical, oral, and written communications skills
- Demonstrated ability to work well in a Team
- Proficient in Microsoft programs, i.e., Excel, Word, PowerPoint, etc., and can use various commercially available accounting software programs.
- Strong in leadership, versatility, and integrity.
Language:
- Fluency in English. A good understanding of French language is an added advantage.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Features
Job Category | Banking / Financial Services Jobs, officer |