Author Topic: Chief Finance Officer (Read 2515 times)

Gloria Okere · « **on:** January 30, 2018, 05:35:31 PM »

Man Specifications for Positions in a Leading Insurance Company in Nigeria

The Chief Finance Officer position is responsible for the administrative, financial, and risk management operation of the company, including the development of a financial and operational strategy. He/she is responsible for designing the metrics that help in the implementation of the financial strategy, and the ongoing development and monitoring of control systems designed to preserve the company assets and report accurate financial results.

Key responsibilities:
•   Provide hands-on leadership in the management of the company’s finance and accounts
functions in both life and non-life businesses.
•   Lead the development of the Company’s revenue and expenditure budgets.
•   Monitor and direct the implementation of company’s expenditure budgets.
•   Monitor the company’s cash flow and ensure the company is sufficiently liquid to finance its
operation.
•   Advise the company’s senior management on the optimal current/fixed asset ratio in line with
the regulatory requirements.
•   Lead the preparation of the final accounts including profit/loss account and balance sheet.
•   Develop and implement financial control systems in order to mitigate financial losses.
•   Design and implement a system that ensures financial records are well filed and easy to
retrieve
•   Advise the company’s senior management on profitable investment opportunities that yield
high returns.
•   Provide advice to senior management on tax requirement for all financial transactions.
•   Provide leadership to the finance team through setting goals, coaching and appraising the
performance of individual staff
•   Implement operational best practices with particular emphasis on cost effectiveness
•   Ensure required timelines are constantly met in filling financial returns to the company’s
business regulators from time to time

Networking:
•   Maintain strong relationships with banks
•   Represent the company with financial institutions and investors

Qualifications experience and attributes:
•   Bachelor’s Degree in Accounting, Finance, Business Administration or related field with
Certified Public Account(CPA), ICAN or ACCA plus 10 years of progressively responsible
experience in an insurance company and at least 6 years’ experience at executive
management level.
•   Possession of a Master’s Degree in relevant field is an added advantage
•   Proven audit and training experience especially in life and non-life insurance businesses
•   Proven skills in managing change, achieving results, ensuring quality, and building teams and
capacity
•   Strong computer skills, especially in Microsoft Excel and accounting packages
•   Excellent skill in Information and Communication Technology, especially as it relates to the
insurance business
•   Sound knowledge of regional and global trends in the insurance industry as well as an
understanding of the key macroeconomic drivers
•   Excellent communication and interpersonal skills
•   Excellent leadership, negotiation, relational, planning and organization skills
•   Between 40 years and 45 years of age

How to apply and closing date
•   Interested candidates should kindly send in a detailed resume to
You are not allowed to view this email or link. Click here to Register or Click here to Login
•   Entries for this application will close on Tuesday, 13th February, 2018 by 6pm

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Author Topic: Chief Finance Officer (Read 2515 times)

Gloria Okere

Chief Finance Officer

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