Chief Financial Officer at Biz Afric Solutions

Job Description

• As the Chief Accountant, your primary responsibility is to oversee and manage the financial aspects of the organization.
• You will play a pivotal role in financial planning, strategy development, and financial performance analysis.
• Your leadership is crucial in ensuring financial stability, compliance, and sustainable growth for the academy.

Core Responsibilities

• Develop and execute the academy's financial strategy to achieve long-term financial goals and objectives.
• Lead the annual budgeting process and ensure alignment with strategic priorities.
• Monitor financial performance against budget and provide regular reports to the management team.
• Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
• Analyze financial data to provide insights into financial performance, trends, and areas requiring improvement.
• Implement financial controls and risk management strategies to safeguard the academy's assets.
• Manage cash flow and liquidity by optimizing cash reserves and investment strategies.
• Oversee banking relationships, debt management, and credit facilities to ensure optimal financing solutions.
• Implement effective cash management policies and procedures.
• Ensure compliance with accounting standards, tax regulations, and financial reporting requirements.
• Collaborate with external auditors and regulatory authorities to facilitate audits and regulatory filings.
• Implement and enforce internal controls to prevent fraud and financial irregularities.
• Provide financial analysis and recommendations to support strategic decision-making and business expansion.
• Evaluate investment opportunities, mergers, acquisitions, and partnerships to enhance financial growth.
• Assess financial risks and develop mitigation strategies.
• Identify cost-saving opportunities and operational efficiencies to optimize resource allocation.
• Monitor expenditures and implement cost control measures while maintaining quality standards.
• Collaborate with department heads to develop departmental budgets and control expenses.
• Lead and mentor the finance team, fostering a culture of excellence, accountability, and professional development.
• Ensure the team's adherence to best practices in financial management and reporting.

Requirements

• B.Sc. / HND in Finance, Accounting, Business Administration, or a related field, plus relevant certification in ICAN or CFA.
• Proven experience in financial leadership roles, preferably in the education or related industry.
• Strong knowledge of financial management, accounting principles, and financial analysis.
• Excellent financial modeling and forecasting skills.
• Proficiency in financial software, ERP systems, and Microsoft Office Suite.
• Exceptional analytical and problem-solving abilities with keen attention to detail.
• Effective communication and interpersonal skills to collaborate with diverse stakeholders.
• Leadership qualities with the ability to inspire and lead a finance team.
• Strategic thinking and the ability to make informed financial decisions to support organizational goals.
• Ethical conduct and a commitment to financial integrity and compliance.
• Applicant must necessarily be residing in Lagos.