Career Opportunities at PricewaterhouseCooper (PwC)

PricewaterhouseCooper (PwC) - Our client, an investment holding company with a controlling interest in a Nigerian Electricity Distribution Company, is recruiting to fill the position below:

COMPANY SECRETARY
Reference Number: 130-PEO00717
Department: People & Change Nigeria
Job type: Permanent

JOB SUMMARY
The Company Secretary will support Executive Management in taking decisions around Corporate Law, Finance, Governance, Strategy, & Corporate Secretarial Practice

KEY ACCOUNTABILITIES
Record Keeping and Compliance:
Organise and house all material records for the company from inception (2011) to date, including CAC filings and supporting documentation for amendments, Board approvals, Board resolutions, Debt Facility agreements, etc.
Interact closely with management of the company’s flagship distribution company to ensure a high standard of record keeping and compliance with regards to CAC filings and other documentation
Interact closely with the company’s offshore company to ensure they have all required information to maintain up to date corporate records and the good standing of the company
Interact closely with other industry stakeholders to ensure the interest of the company and its stakeholders are well represented and defended

Communication, Legal Insight & Analysis:
Generate quality, timely reports on the corporate governance situation of the company and its subsidiaries on at least a monthly basis, including compliance gaps on financial, tax, regulatory legal, or other filings
Monitor all live, pending, and potential legal cases of the company and its subsidiaries, advising the Board on matters that are potentially material to the company and/or its subsidiaries
Ensure a high standard of legal due diligence is carried out when new investment opportunities arise for the group
Advise on the legal and statutory ramifications of proposed initiatives and business decisions

REQUIREMENTS
Minimum of a degree in law is required
Minimum of 8 years work experience as a Company Secretary with 4 years in a Senior Management role
Experience in the Power & Utilities industry and knowledge of relevant regulations, filings and orders is preferable
Direct experience handling CAC filings, knowledge of company law and governance

CHIEF FINANCIAL OFFICER (CFO)

Reference Number: 130-PEO00716
Department: People & Change Nigeria
Job type: Permanent

JOB SUMMARY
The CFO will play a key role in developing, monitoring and evaluating overall corporate strategy with the CEO and leaders of the business units, with emphasis on bottom lime performance working capital, and enhancing shareholder value.

ROLES & RESPONSIBILITIES
Financial Reporting:
Interact closely with management of the company’s flagship distribution company in order to be well updated on daily, weekly, monthly, and quarterly financial performance
Closely monitor the financial performance of our client’s services arm, flagging any shortfalls and highlighting opportunities for growth in revenue, new services and/or improved profitability
Generate quality, timely reports of the financial performance of the company and its subsidiaries on at least a monthly basis, including the achievement of or failure to achieve targets for revenue growth, loss reduction, etc.
Take lead responsibility for the company’s accounting function, including maintaining up to date accounting records, preparing and circulating to Board members the management accounts on a monthly, quarterly and annual basis, as well as working with the Board Finance Sub-Committee and External Auditors to ensure timely completion, sign-off and filing of annual audited accounts
Take responsibility for all tax and statutory matters (e.g. income tax, PAYE, pension, group life, VAT, etc.), including the implementation of optimal tax structuring for the company and its subsidiaries

Debt Management and Fund Raising:
Report to the CEO and stakeholders at least monthly, on the status of outstanding loans of the company and its subsidiaries
Engage with the company’s lenders on a regular basis, exploring and seizing opportunities for advantageous loan restructuring, minimization of lender management fees, etc.
Interact with major equipment suppliers and service providers, especially existing suppliers of the company’s flagship distribution company, for the purpose of obtaining preferred purchase terms and conditions
Interact with global and local investors and lenders for the purpose of raising capital to fund the growth of the company and its subsidiaries

Financial Management:
Interact closely with finance and accounting staff of the company’s subsidiaries to ensure accounting records, taxes and related statutory matters are fully up to date
Regularly collect and analyse financial and accounting data of the company’s subsidiaries to flag any concerns about revenue shortfall, cost-overruns, leakages, etc., while also highlighting and encouraging good performance, material growth, and new opportunities to improve the underlying business
Develop and maintain a detailed financial model for the company and its subsidiaries, including scenarios of projected performance, expected debt repayment, projected dividends, etc.
Develop and maintain together with the finance team of the company’s flagship distribution company, detailed tariff models in appropriate format for the distribution business, as well as potential generation opportunities that may benefit the company and/or its subsidiaries and end users

Treasury Function and Foreign Exchange:
On a day-to-day basis, in coordination with finance staff of the company’s subsidiaries, obtain a full view of the group’s liquidity position in terms of Naira and foreign currencies, fixed deposits, treasury securities, near term receivables, etc.
Engage with commercial banks, merchant banks, bureau de change operators, etc. to identify and seize the opportunity to procure US Dollars at favourable rates

REQUIREMENTS
Minimum of a first Degree in any discipline and MBA or Masters in a related discipline.
Minimum 10 years work experience in  Finance/Accounting with 5 years in a Senior Management role.
Strong financial experience, especially with servicing of loans, corporate treasury management and foreign exchange.
Accounting certification - ACCA, ICAN, etc.
Direct experience preparing annual accounts for audit, interacting with tax authorities and other regulatory agencies.

CHIEF EXECUTIVE OFFICER (CEO)

Reference Number: 130-PEO00715
Department:People & Change Nigeria
Job type: Permanent

JOB SUMMARY
The CEO will be responsible for overseeing the development and efficient implementation of the Corporate Strategy through effective leadership.

KEY ACCOUNTABILITIES
Strategic Implementation:
Oversee the development and efficient implementation of strategies that:
Drive significant revenue growth and improved profitability of the company’s flagship distribution company via increases in power supply, reduction in commercial losses, optimisation of power distribution, customer acquisition, improved utilisation of staff and assets, territorial expansion, tariff strategy, noncore revenue growth and/or other means
Grow the company’s capabilities, revenues and profit as a service provider to the power industry
Identify and vet new investment opportunities for the company to potentially expand its portfolio

Leadership & Communication:
Interact closely with management of the company’s flagship distribution company, Board Members of both the company and its distribution company, as well as company staff
Represent the company at meetings with lenders, government officials, investors, service providers, development financial institutions, original equipment manufacturers, customers, potential target companies, tax officials, the company’s offshore company secretary, etc.
Prepare and present critical corporate performance updates (financial, strategic, development, legal, etc.) to relevant company stakeholders at each Board meeting and/or via the circulation of reports via electronic mail on at least a monthly basis
In conjunction with the CFO, ensure the generation of quality timely reports on the financial performance of the company and its subsidiaries on at least a monthly basis, including achievement of or failure to achieve targets for revenue growth, loss reduction, etc.
In conjunction with the Company Secretary, ensure the generation of timely reports on the corporate governance situation of the company and its subsidiaries, including compliance gaps on tax, regulatory, legal, or other filings
Act as the centre of information for group communication, corresponding with staff and Directors of the company and its subsidiaries, and the company’s offshore company secretary
Working with other company staff, take responsibility to ensure timely and accurate filing of audited financial statements, tax documents, regulatory reports, etc. in Nigeria and other countries of company’s operations
Attend board meetings of the company’s flagship distribution company (and future subsidiaries) as an observer for the purpose of:
Ensuring the implementation of all Board decisions and major activities of the flagship distribution company, many of which may be material and require communication back to the company stakeholders
Monitoring the performance of the flagship distribution company (and future subsidiaries), with an eye to meeting or exceeding revenue and profitability targets and the successful implementation of key corporate initiatives
Ensuring that relevant company Board decisions that impact the flagship distribution company are communicated clearly to the distribution company’s Board of Directors and Management team.

REQUIREMENTS
Minimum of a first degree in any discipline and MBA or Masters in a related discipline.
Minimum 10 years work experience with 5 years in a Senior Management role
Strong financial experience, especially with servicing of loans, corporate treasury management, foreign exchange, procuring financing and/or closing acquisitions, etc.
Experience in the power and utilities industry, mass consumer products space, and/or supply chain management would be an added advantage
Previous experience in a business transformation exercise, e.g. privatization, corporate restructuring, etc. (preferable).

TO APPLY
Click on Job Title below:

COMPANY SECRETARY
CHIEF FINANCIAL OFFICER (CFO)
CHIEF EXECUTIVE OFFICER (CEO)

DUE DATE: 11 April, 2017