Sovereign Finance Limited Recruitment for a Chief Financial Officer

Sovereign Finance Limited is a leading financial services provider with a prime desire to promote trailblazing Financial & Investment solutions to customers in different sectors of the Nigerian economy. Our priority is to create opportunities for our clients to save accumulated capital and build sustainable wealth.

The company is founded by a team of savvy finance & investment specialist with an evidence of track record of exceptional performance, superb integrity, and innovation. The company is at the center of financial innovation propelled by technological prowess and is at a position of pre-eminence in the Nigeria financial Industry.

We are recruiting to fill the position below:

Job Position: Chief Financial Officer

Job Location: Lagos
Employment Type: Full-time

Job Responsibilities

• Provide leadership and management to the financial department
• Provide financial strategy recommendations to CEO and executive team
• Identify and address potential financial risks for the company
• Oversee all financial decisions, such as budgeting and auditing
• Implement strategies and systems to improve financial performance
• Support financial department in developing short- and long-term financial goals
• Review financial reports and determine methods to reduce costs
• Serve as a key point of contact for financial department and auditors
• Prompt presentation of the Monthly & Annual Management Account
• Ensuring that financial audits are well and promptly carried out
• Manage Tax agencies, while ensuring that there are minimal Tax related issues by ensuring prompt payment of all Taxes (WHT, WAT, PAYE, etc)
• Ensure Treasury Management is up to date and effective
• Oversee Cashflow and Liquidity position of the company.

Key Performance Indicators

• Turn Around Time on Payment processing
• Liquidity ratio/ Operating Cashflow
• EBITDA Growth
• Overhead Cost Ratio
• SFL Investment yield to Booked Investment (Customers’ Investment Booked)
• Competitiveness of SFL’s rate compared to competition
• Management Report 3rd Working day of the new month
• Account Payable Turnover
• 95% Tax compliance
• 99% Regulatory Compliance
• Number of Audit Journals passed.

Qualifications

• First Degree in Accounting; ACCA, ICAN, MBA will be an added advantage.
• 10 - 15 years relevant work experience.

Method of Application
Interested and qualified candidates should send their CV to: hr@sovereignfinanceltd.com using the Job position as the subject of the email.

Note: Only qualified candidates will be contacted within two weeks of application.