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Chief Finance Officer Vacancy at PricewaterhouseCooper (PwC)

Posted on 04/12/19 18:26 by Admin
location Lagos
time Full Time
applications 0 Applications

PricewaterhouseCooper (PwC) – Our client is one of Nigeria's foremost insurance companies. The company is a provider of General and Life Insurance. In line with its desire to ensure that key roles are filled by best-in-class talent, with the requisite skills and experience, the Company seeks to recruit a suitably qualified candidates to fill the position below:

Job Title: Chief Finance Officer

Reference Number: 130-PEO01114
Location: Lagos
Job Type: Permanent

Job Description
  • Our client seeks a visionary, inspirational and strategic leader to run the finance operations of the organization.
  • An outstanding communicator and coalition-builder, knowledgeable about business and health, with the standing, respect and authenticity to influence and close large deals with high-net worth individuals and corporations.
  • He/she must be entrepreneurial, flexible and adaptable, with superior business acumen that enables swift development and execution of ideas and plans.
  • Strong consulting and project management experience is essential, along with the ability to inspire trust, confidence and collaboration across a diverse community of stakeholders.
  • He/she should be a passionate advocate, catalyst and change agent, building and driving a small high-performance team, towards quality execution and financial sustainability.
Duties and Responsibilities
Business Strategy:
  • Leads the creation of a fully active and invested network of African companies.
  • Contributes to the formation of the Business Strategy and ensures that all financial policies, procedures and systems are sound.
  • Overseas the preparation of Annual Operating Plan, Business Financial Plan and Analytics.
  • Using appropriate forecasting tool, ensures that adequate measures are factored to achieve business objects.
  • Provides financial direction, planning and accounting to the business, covering short term and long-term financial goals.
Liquidity & Treasury Management:
  • Ensures that optimal liquidity is available to deliver business plan.
  • Negotiates/arranges external finance, when necessary.
  • Reviews working capital/cash flow requirement on a regular basis
  • Monitors banking activities for the entire Group for proper running and ensure regular reconciliations of all banking transactions with the cash books.
Budgeting and Financial Forecast:
  • Develops plans, budgets, forecasts and financial results to guide management decisions by forecasting requirements; analyzing variances and initiating corrective actions.
  • Presents operating and capital expenditure budgets for review and approval.
Financial Analysis & Interpretation:
  • Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
  • Responsible for presenting and reporting accurate and timely historical financial information of the Group (Company and subsidiaries)
  • Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements
  • Coordination of financial reports coming from companies (subsidiaries and associate) within the Group.
  • Should be able to demonstrate understanding of insurance financials as well as advanced business finance and performance analysis.
Regulatory & Statutory Relationship:
  • Oversee the coordination and activities of independent auditors (Internal and External Auditors)
  • Coordinates regulatory and supervisory functions
  • Manages relationship with regulatory and statutory bodies, i.e. NAICOM, FIRS, Lagos State Internal revenue Service, etc.
Internal Control & Monitoring:
  • Ensures adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.
  • Possesses versatile ability to handle various business applications within the Group
  • Oversees all control and monitoring activities and personnel to achieve proper coordination
People Management:
  • Oversees activities of employees and teams (i.e. hires, coaches, appraises rewards, motivates, discipline, etc).
  • Works through HODs in setting standards, priorities and schedules.
  • Responsible for employee engagement within the Finance Group.
Required Qualifications and Experience
  • Bachelor's Degree in Accounting or a Finance related field.
  • Must be BOTH a qualified /certified Accountant ACA and a CFA charterholder
  • Minimum of 15 years financial experience, with at least 5 years in Senior Financial Management capacity spanning Corporate, Business Planning, Revenue Assurance, Treasury Management and Accounting with excellent knowledge of insurance Business.
  • Demonstrable understanding of insurance financials as well as advanced business finance and performance analysis.
  • Knowledge of statutory and regulatory issues as well as global best practices.
Skills and Competencies:
  • Strong budget and management skills, including proven ability to manage project/process.
  • Ability to adapt to change quickly and multi-task.
  • Excellent ability as a consultant/negotiator to influence company senior management.
  • Ability to deal with ambiguity, tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment.
  • High degree of professionalism, maturity and confidentiality.
  • Strong oral, written interpersonal and presentation skills.
  • Strong People skills- Building Collaborative Relationships, highly developed, demonstrated teamwork skill.
  • Demonstrated ability to see the big picture and provide useful and strategic advice and input across the company and on the executive team.
  • Creative and forward-thinking skill.
  • Strong analytical and problem-solving skills.
  • Ability to work within and manage a team of professional, guiding and coordinating towards achieving common objectives.
  • Strong Leadership skills.
  • Strong ethics.


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