Chief Financial Officer (CFO) at Alert Group

Alert Group consist of two subsidiaries: Alert microfinance bank (MFB): Profitable deposit-taking MFB operating In Lagos focused on micro enterprise lending. and Auto bucks: Non-deposit taking MFI focused on SME lending launching in March 2023. Expected to break-even within 6 months of operations. Alert Group Limited is growing, and we need a leader who can guide the financial systems that empower us.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer (CFO) M/F

Location: Yaba, Lagos
Employment Type: Full-time
Reporting: CEO
Work arrangement: Onsite

Job Description

• We’re searching for an experienced Chief Financial Officer to join our team of high-performing professionals and keep our finances positioned for continued success.
• The CFO will have a day-to-day, ongoing impact on company operations, helping us to analyze, strategize, and grow our financial position. This seasoned strategist not only will understand current accounting practices and trends but also will have experience raising capital and adapting to change, whether it’s through growth or downsizing.
• As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills.

Job Summary

• The Chief Financial Officer (CFO) has primary responsibility for the planning, implementation, managing and running of all the finance activities of the company, including business planning, budgeting, forecasting and negotiations.

Responsibilities

• Providing leadership, direction and management of the finance and accounting team
• Providing strategic recommendations to the CEO and members of the executive management team
• Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
• Advising on long-term business and financial planning
• Establishing and developing relations with senior management and external partners and stakeholders
• Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company’s financial strategy and hiring needs
• Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same
• Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives
• Oversee HR operations by coordinating with external service providers (ex: payroll, benefits, recruitment) and internal staff responsible for other aspects of HR
• Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for earnings calls, management team, and rest of company
• Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities.
• Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization
• Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows
• Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action
• Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting
• Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement

Required Skills and Qualifications

• Master’s Degree (or equivalent experience) in Accounting, Business or Finance
• Five or more years of experience in executive leadership roles
• Understanding of advanced accounting, regulatory issues, and tax planning
• Working knowledge of how to raise capital outside traditional lines of credit 
• Professional certification (ex: ICAN or ACCA)
• Excellent leadership skills, with steadfast resolve and personal integrity
• Exceptional verbal, written, and visual communication skills

Salary
N7,000,000 - N9,600,000 Annually

How to Apply
Interested and qualified candidates should send their Resumes to: [email protected] using the Job Title as the subject of the mail

Application Deadline  31st March, 2023.