CHIEF FINANCIAL OFFICER (CFO) AT PHILLIPS OUTSOURCING LIMITED

About Company:

Phillips Outsourcing Limited has been in existence for over 16 years. We have a vast experience in the outsourcing business as we currently manage resources for major clients in all sectors of the Nigerian economy. In addition, our prolific manpower cuts across the 36 states in Nigeria. After successfully gaining ground in all the 36 states of the federation, we are gradually spreading our tentacles to other African Nations. We are currently registered to also do business in Ghana. Our framework is developed to fully support the businesses of our clients, ensuring continuous improvement of the outsourced services. This ultimately thrusts our clients to achieve their business objectives.

We are recruiting to fill the position below:

Job Description:

• Develop and implement financial strategies to align with the bank's business objectives and growth goals.
• Oversee all daily financial activities, including accounting, budgeting, forecasting, and cash flow management.
• Ensure accurate and timely financial reporting, including monthly, quarterly, and annual statements, in compliance with accounting standards and regulations.
• Identify, assess, and mitigate financial risks, such as credit, market, and operational risks.
• Lead and mentor the finance team, fostering a culture of high performance and continuous improvement. Provide guidance and support to other departments on financial matters.
• Ensure the bank complies with all applicable accounting standards, tax laws, and regulatory requirements, including filing statutory returns.
• Act as a key point of contact for external stakeholders, including investors, lenders, auditors, and regulators, while maintaining strong relationships.
• Lead financial analysis, long-term financial planning, and the development of financial models to support strategic decision-making.
• Develop and execute the financial strategy of the microfinance bank in alignment with the overall business goals.
• Oversee the preparation of financial forecasts, budgets, and long-term financial plans. Conduct financial analysis to support decision-making processes.
• Ensure compliance with all relevant financial regulations, including Central Bank guidelines, tax laws, and other legal requirements. Liaise with regulatory bodies as needed.
• Manage the bank’s capital structure and Treasury function. Optimize the bank’s capital allocation to support growth objectives.

Requirements:

• A Bachelor's Degree in Finance or Accounting. A Master’s Degree or professional qualification (e.g., ACCA, ACA, CPA) is highly preferred.
• Minimum of 10 years of experience in financial management within the banking or financial services sector, with at least 5 years in a senior leadership role.
• Experience in microfinance operations is a significant plus.
• Strong knowledge of microfinance operations and regulatory requirements.
• Proven track record in financial strategy development and execution.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical and problem-solving abilities, with a keen attention to detail.
• Proficiency in financial software and ERP systems.

Salary

Application Closing Date: Not specified

Application Instructions:

CLICK ON THE LINK BELOW TO APPLY