We are seeking to recruit for our client who is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. Our client builds a world class investment banking firm of African origin.
We are recruiting to fill the position below for our client.
Job Summary
The Group Chief Financial Officer (GCFO) is a key executive leadership role responsible for the financial strategy, governance, and operations of a diversified financial services group with entities in Investment Banking, Asset Management, Securities Trading, Lending, Trusteeship, Registrar Services, and Pension Fund Administration. The GCFO will also oversee the Group Treasury function, ensuring optimal liquidity, capital allocation, and financial risk management across all business entities. This role requires a strategic thinker with strong financial acumen, regulatory expertise, and a deep understanding of financial services. The GCFO will work closely with the Group CEO, Board of Directors, Regulators, and other key stakeholders to drive sustainable growth and financial excellence.
Job Responsibilities
- Financial Strategy & Leadership: Develop and execute the group-wide financial strategy, ensuring alignment with business objectives
- Financial Strategy & Leadership: Provide financial leadership to all subsidiaries, ensuring efficiency, profitability, and long-term sustainability
- Financial Strategy & Leadership: Lead the annual budgeting, forecasting, and financial planning processes across the group
- Financial Strategy & Leadership: Drive financial innovation, cost optimization, and operational efficiency across all entities
- Financial & Regulatory Compliance: Ensure compliance with financial regulations, tax laws, IFRS standards, and other statutory requirements
- Financial & Regulatory Compliance: Liaise with regulators to ensure all businesses meet financial reporting obligations
- Financial & Regulatory Compliance: Oversee the preparation of consolidated and entity-level financial statements for external and internal reporting
- Treasury & Capital Management: Supervise the Group Treasury function, ensuring effective liquidity management, funding strategies, and capital adequacy
- Treasury & Capital Management: Optimize the capital structure, ensuring appropriate funding for expansion while managing financial risks
- Treasury & Capital Management: Develop and execute foreign exchange, interest rate, and investment risk management strategies
- Risk Management & Internal Controls: Work closely with Risk Management, Internal Control and Audit to strengthen internal control frameworks, ensuring financial integrity and risk mitigation across all business units
- Investment & Business Growth Support: Provide financial insights to support new business ventures, and investment strategies
- Investment & Business Growth Support: Partner with business heads to analyse financial performance, profitability, and expansion opportunities
- Investment & Business Growth Support: Ensure sustainable growth strategies for all its entities
- Stakeholder & Investor Relations: Serve as the primary financial liaison with shareholders, rating agencies, investors, and regulatory bodies
- Stakeholder & Investor Relations: Oversee the preparation of financial reports and presentations for Board meetings
- Stakeholder & Investor Relations: Manage relationships with external auditors, banks, and rating agencies to enhance the group's financial standing
- Technology & Digital Transformation: Drive the adoption of technology, automation, and digital reporting systems for efficiency and to aid performance management across group entities
- Technology & Digital Transformation: Work closely with the Chief Operating Officer and Transformation Unit to drive operational excellence within all group entities
Desired Profile
- Bachelor's degree in finance, Accounting, Economics, or related field (not less than Second Class Upper or its equivalent)
- Master's degree (e.g., MBA, MSc Finance) is preferred
- Professional certifications such as ACA, ACCA or CFA are highly desirable
- 12+ years of progressive financial leadership experience, with at least 5 years in a CFO or senior finance role within a financial services group
- Strong knowledge of treasury management, risk management, and capital markets
- Proven experience managing multi-entity financial consolidation, financial reporting, and regulatory compliance
- Demonstrated ability to drive financial performance, manage capital, and execute strategic initiatives
- Strong leadership, negotiation, and stakeholder management skills
Reporting Structure
- Reports to: Group CEO & Board of Directors
- Direct Reports: CFOs and FCs of subsidiary entities & Group Treasury Head
Key Success Metrics
- Profitability and financial performance of the group and subsidiaries
- Efficient capital and treasury management
- Compliance with regulatory and financial reporting standards
- Optimization of financial risk and operational efficiency
- Successful execution of financial growth and investment strategies
- Automation of processes for improved efficiency
Compensation and Benefits
- Salary: Competitive and commensurate with experience
- Competitive compensation package commensurate with experience
