Chief Finance Officer (Alcoholic Beverage Industry) at Kloverharris Limited Full Time

Job Title: Chief Finance Officer (Alcoholic Beverage Industry)

Location: Lagos
Employment Type: Full-time

Job Summary

• The Chief Financial Officer (CFO) will play a pivotal role in driving the financial strategy and operations of the company, overseeing the finance function across all global regions where the company operates.
• The CFO will partner with executive leadership to optimize financial performance, ensure operational efficiency, and maintain a robust financial control environment.
• This executive leadership role requires deep expertise in financial planning, analysis, accounting, corporate finance, regulatory compliance, and strategic financial management in the highly regulated alcoholic beverage industry.
• The CFO will oversee a team of finance professionals across regions, driving consistency in financial reporting and strategy while adapting to regional complexities and market dynamics.

Key Responsibilities
Leadership & Strategic Financial Planning:

• Lead and develop a global finance team across multiple regions, ensuring alignment of financial strategy with overall business goals and regional market demands.
• Act as a trusted financial advisor to the CEO and executive leadership, providing insights and recommendations to shape long-term strategic plans and initiatives.
• Collaborate with senior leaders across all regions to define key financial metrics, targets, and goals that align with the company’s vision and growth objectives.
• Direct and manage the preparation of annual financial plans, forecasts, and budgets for all regions, ensuring that financial resources are allocated effectively and aligned with business priorities.
• Develop financial strategies that support regional expansion, mergers, acquisitions, and market penetration, while maintaining financial discipline and profitability.

Regional Financial Operations & Oversight:

• Oversee the financial performance of the company across all regional markets, ensuring the effective implementation of financial controls, reporting, and compliance in each region.
• Ensure that regional financial teams adhere to the company’s global accounting principles and standards while addressing any local accounting practices, tax regulations, and legal requirements.
• Lead the standardization and optimization of financial processes, policies, and systems across regions to improve accuracy, efficiency, and transparency.
• Conduct regular regional reviews of financial performance, providing executive leadership with insights on regional performance, risks, and opportunities.
• Direct the consolidation of financial data from multiple regions to create timely, accurate, and comprehensive global financial reports for senior leadership.

Financial Reporting & Compliance:

• Oversee the preparation and integrity of the company’s financial statements, ensuring compliance with all local, national, and international accounting standards (including GAAP, IFRS, or other region-specific frameworks).
• Ensure the company adheres to all regulatory reporting requirements, including tax filings, audit reviews, and compliance with financial regulations specific to the alcoholic beverage industry.
• Oversee internal and external audit processes, managing relationships with auditors, tax advisors, and regulatory bodies to ensure compliance and mitigate financial risk.
• Develop and maintain robust internal controls to safeguard the company’s assets and ensure the accuracy of financial information across all regions.
• Stay current with evolving regulations affecting the alcoholic beverage industry, including alcohol-related taxes, import/export duties, and pricing laws, ensuring compliance in all regions of operation.

Cash Flow, Treasury & Capital Management:

• Direct the company’s cash flow management strategy across all regions, ensuring optimal liquidity and financial stability.
• Oversee treasury operations, including cash management, working capital, and short-term and long-term debt strategies.
• Lead the company’s financing activities, including managing relationships with banks, investors, and lenders, and overseeing debt management strategies across all markets.
• Analyze regional and global capital expenditure plans, evaluating ROI, managing capital allocation, and making recommendations for capital investments.
• Assess and mitigate financial risks related to foreign currency fluctuations, interest rates, and commodity price volatility, especially as it pertains to the international nature of the alcoholic beverage industry.

Financial Analysis & Performance Metrics:

• Develop and implement financial performance metrics and KPIs to measure operational efficiency, profitability, and return on investment across regional markets.
• Lead the development and execution of detailed financial analysis, identifying trends, areas of opportunity, and potential cost savings across all regions.
• Provide financial insights and scenario modeling for new market entry, product development, and pricing strategies across global and regional markets.
• Oversee the preparation of monthly, quarterly, and annual financial reports for the Board of Directors and executive leadership, offering comprehensive analysis and insights on company performance.
• Implement data-driven financial decision-making processes, providing recommendations to improve profitability, optimize costs, and enhance financial decision-making across regions.

Cost Management & Profitability Optimization:

• Oversee the development and execution of cost-control initiatives across regional operations to ensure sustainable profitability.
• Work closely with operations, supply chain, and sales teams to identify cost-saving opportunities in procurement, manufacturing, and logistics while maintaining product quality and regulatory compliance.
• Collaborate with product development and marketing teams to evaluate and improve the financial performance of new product lines, pricing strategies, and promotional activities.
• Drive profitability improvements through the development of cost-effective strategies in areas such as production, distribution, and overheads in each regional market.
• Lead the implementation of profit-margin-enhancing strategies for local and global markets, ensuring that pricing and cost strategies are aligned with competitive dynamics and market conditions.

Investor Relations & Financial Communications:

• Manage relationships with investors, analysts, and other stakeholders, ensuring that the company’s financial position is clearly communicated and understood.
• Lead the development of the company’s financial communication strategy, including quarterly earnings calls, press releases, investor presentations, and annual reports.
• Advise the CEO and executive leadership on investor relations and corporate communications strategies, ensuring that financial performance is effectively conveyed to shareholders, analysts, and the public.
• Ensure transparency in financial communications, adhering to corporate governance standards and ensuring timely and accurate disclosures.
• Prepare and manage the company’s annual meeting, board materials, and shareholder communications.

Risk Management & Financial Strategy:

• Develop and oversee comprehensive financial risk management strategies, including credit, liquidity, market, and operational risks, particularly in volatile global markets.
• Analyze emerging financial, market, and geopolitical risks and develop contingency plans to mitigate their impact on regional and global operations.
• Ensure robust insurance and hedging strategies are in place to protect the company against risks related to currency fluctuations, commodity pricing, and supply chain disruptions.
• Lead the evaluation of potential mergers, acquisitions, joint ventures, and divestitures across regions, ensuring alignment with the company’s long-term financial strategy and risk appetite.

Team Leadership & Development:

• Lead and develop a high-performing finance team across multiple regions, providing clear direction, mentorship, and professional growth opportunities.
• Cultivate a culture of financial excellence, compliance, and continuous improvement within the global finance team.
• Ensure the finance team is well-equipped with the tools, resources, and technology to effectively manage financial operations, reporting, and analysis.
• Promote cross-functional collaboration between finance and other departments, including operations, marketing, sales, and legal, to drive business performance and financial success.
• Conduct performance evaluations, provide feedback, and implement strategies for team development and succession planning within the finance function.

Budgeting & Resource Allocation:

• Oversee the development and management of the company’s global finance budget, ensuring that financial resources are allocated to priority initiatives across all regions.
• Ensure alignment between the global finance strategy and regional operational plans, balancing regional financial needs with global business priorities.
• Review and approve departmental budgets and capital expenditures in each region, ensuring that budgets are adhered to and financial performance is tracked against forecasted outcomes.
• Regularly report on financial performance, highlighting areas of concern and recommending corrective actions to senior leadership.

Qualifications & Skills
Education:

• Bachelor’s Degree in Accounting, Finance, or a related field (required).
• MBA or equivalent advanced degree (preferred).
• Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation (preferred).

Experience:

• At least 15 years of progressively responsible financial experience, including a minimum of 5 years in an executive leadership role.
• Extensive experience in the alcoholic beverage industry or other highly regulated sectors with a global presence.
• Proven track record in financial management, strategic planning, and operational leadership in multinational organizations.
• In-depth understanding of international accounting principles (IFRS, GAAP), tax laws, and financial regulations relevant to the alcoholic beverage industry.

Skills:

• Strong leadership, team-building, and decision-making skills, with the ability to manage diverse teams across different cultures and regions.
• Excellent communication and presentation skills, with the ability to explain complex financial concepts to non-financial stakeholders.
• Expertise in financial modeling, budgeting, forecasting, and financial reporting systems (ERP, financial planning software).
• High-level proficiency in data analysis, financial forecasting, and performance metrics.
• Ability to thrive in a fast-paced, dynamic environment, with exceptional problem-solving skills and a strategic mindset.

Application Closing Date
12th February, 2025.

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