Chief Finance Officer at an Educational Organization

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A company in the Educational sector, located in Ogun state, is currently recruiting suitably qualified candidates to fill the position below:

Main Task

  • Lead the preparation and reporting of annual budget and periodic forecast. Provide the Board of Governors, sub-committees, and all budget holders with periodic updates of their accounts. Review outcomes and provide guidance on matters relating to budgets, forecasts and other financial plans
  • Deploy the appropriate systems (ERP, BI, NT etc.) to support the school’s operations
  • Evaluate information and consult with the Senior Leadership Team and Governors to prepare a realistic and balanced annual budget
  • Maintain a strategic financial plan that will indicate the trends and requirements of the school development plan and will forecast future year budgets
  • Lead all aspects of income generation and cash management
  • Maintain and oversee all bank accounts, completing monthly bank reconciliations and cash flow outcome and presenting treasury report to the leadership team and Board of Governors
  • Advise Leadership Team on investment and financial policy, preparing appraisals for future projects and for the development of a long-term financial strategy for the future development of the college
  • Accurate and timely completion of tax Returns for ALL taxes
  • Full cooperation with the internal and external audit processes
  • Prepare and present all balance sheet reconciliations monthly
  • Submission of accurate records and returns for staff Payroll and Pensions
  • Management of the recruitment, induction, training, and performance of the Finance team
  • Proactively provide advise / support to the SLT / BoG on revenue generation and capacity utilization initiatives

Reporting and Relationships:

  • The Chief Finance Officer will report to the Principal.


  • Bachelor’s Degree in Accounting or related fields with ACA or ACCA or equivalent, MBA is desirable
  • Minimum of ten years financial and accounting experience,
  • Minimum of five years Supervisory and leadership experience
  • Prior Experience in a similar role within a school or service industry
  • Knowledge of safeguarding and child protection
  • Implementation involvement with ERP business systems
  • A very high level of proficiency with ERP and financial software programmes
  • Cost management
  • Business Process ReEngineering
  • Evidence of creation of accessible financial management reports
  • People leadership and management
  • Evidence of continuing professional development
  • Budget variance analysis
  • Risk management.

Application Closing Date
18th September, 2020.

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

Note: Only qualified candidates would be contacted. Please do not apply if you do not match the above requirements. Thank you.

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