Megastar Technical & Construction Company logo

Chief Financial Officer

Megastar Technical & Construction Company

Lagos, NigeriaPosted Posted 3 days ago
go
excel
ifrs
acca

You'll apply on the employer's website. Applying is always free.

Job description

Job Summary We are seeking an experienced, strategic, and results-driven Chief, Finance & Accounts with strong construction industry experience to lead the Finance & Accounts function of the Company. The successful candidate will provide strategic and operational financial leadership, ensuring effective financial planning, project cost control, liquidity management, financial reporting, budgeting, forecasting, taxation, audit, risk management, and internal controls. The ideal candidate must have a strong understanding of construction/project-based accounting and financial management, proven experience as a Chief Financial Officer (CFO), and experience working within a Board-led organization. The candidate must be capable of providing strategic financial insights that support project profitability, cost control, corporate governance, compliance, and sustainable business growth. Key Responsibilities Direct and monitor all financial activities of the organization. Provide strategic financial leadership and advice to Executive Management and the Board. Lead financial planning, budgeting, forecasting, and financial strategy. Manage Company liquidity, cash flow, working capital, and financial resources. Oversee financial management and reporting for construction projects. Monitor project costs, budgets, commitments, variations, revenue, profitability, and cash flow. Analyze project financial performance and provide timely reports and recommendations to Executive Management and the Board. Develop, implement, and monitor accounting policies, procedures, and financial controls. Ensure accurate and timely financial reporting in accordance with IFRS and applicable statutory requirements. Oversee internal and external audit activities and ensure timely resolution of audit findings. Oversee tax planning, compliance, and statutory financial obligations. Assess, manage, and minimize financial and operational risks. Analyze complex financial data and provide actionable insights to support strategic decision-making. Strengthen internal controls and financial governance across the organization. Ensure effective financial controls over procurement, suppliers, subcontractors, payroll, project expenditure, and other financial transactions. Work closely with Project Management, Commercial, Procurement, Operations, and other departments to ensure effective project financial management. Lead, mentor, and develop the Finance & Accounts team. Ensure compliance with Company policies, accounting standards, regulatory requirements, and financial best practices. Requirements & Qualifications Bachelor's Degree in Accounting, Finance, Economics, or a related discipline. Professional accounting qualification such as ICAN or ACCA is mandatory. A Master's degree or MBA will be an added advantage. Minimum of 10 years' relevant professional experience, with substantial experience in senior finance and accounting leadership. Prior experience working as a Chief Financial Officer (CFO) is mandatory. A minimum of 5 years' relevant experience in the construction industry is mandatory. Previous experience working in a Board-led organization is mandatory, with a demonstrated understanding of Board-level financial reporting, corporate governance, and strategic decision-making. Proven experience managing the financial aspects of multiple construction projects. Strong experience in construction/project accounting, project cost management, budgeting, forecasting, cash flow management, and project profitability analysis. Strong knowledge of IFRS, accounting principles, financial reporting, taxation, financial analysis, and internal controls. Good understanding of construction contracts, subcontractor payments, project costs, variations, retention, commitments, and project financial reporting. Experience working closely with Project Management, Commercial, Contracts, Procurement, and Operations teams. Proficiency in Microsoft Office Suite, particularly Microsoft Excel, and accounting/ERP systems. Strong financial management and reporting experience in a project-driven environment. Key Competencies: Leadership & Management: Strong executive leadership and people-management skills. Ability to lead, motivate, develop, and manage a high-performing Finance & Accounts team. Strong business acumen, commercial awareness, and strategic thinking. Technical & Analytical: Excellent financial analysis and problem-solving skills. Strong understanding of project costing and financial performance. Ability to interpret complex financial information and translate it into practical business recommendations. Strong attention to detail and commitment to financial accuracy. Governance & Stakeholder Management: Demonstrated ability to prepare and present financial reports to the Board and Executive Management. Strong understanding of corporate governance, financial accountability, and risk management. Excellent communication, negotiation, and stakeholder-management skills. Professional & Behavioral: High level of integrity, accountability, and professional ethics. Outstanding judgment and decision-making ability. Ability to multitask, prioritize, delegate, and meet critical deadlines. Ability to work effectively under pressure. Ideal Candidate: The ideal candidate will be a seasoned finance executive with proven CFO experience, substantial construction industry experience, and a track record of working in a Board-led organization. The successful candidate must demonstrate the ability to provide strategic financial leadership, strengthen financial controls and corporate governance, manage liquidity and project costs, improve financial performance, and support project profitability and sustainable business growth. Mandatory Screening Criteria: Applicants must have all three of the following: Proven experience working as a Chief Financial Officer (CFO). At least 5 years of relevant construction industry experience. Previous experience working in a Board-led organization. Candidates who do not meet all three mandatory criteria will not be considered.

Similar jobs