Chief Financial Officer (CFO)

Bakangizo Pharmacy and Stores is a proudly Nigerian, multi-service retail brand committed to meeting the everyday needs of our customers through quality products, excellent service, and community-focused operations. We operate a unique combination of businesses under one roof, making us a convenient and trusted destination for families and individuals alike.

We are recruiting to fill the position below:

Job Position: Chief Financial Officer (CFO)

Job Location: Abuja (FCT)

Employment Type: Full-time

Key Responsibilities

• Provide strategic financial leadership across the Group and its business units.
• Develop and implement financial strategies aligned with the company’s growth objectives.
• Lead annual budgeting, forecasting, financial planning, and performance management.
• Prepare and present accurate and timely monthly, quarterly, and annual financial reports to management.
• Monitor cash flow, working capital, liquidity, receivables, payables, and overall financial position.
• Establish and maintain robust financial controls, accounting policies, and approval processes.
• Monitor revenue, margins, operating costs, profitability, and financial performance across branches and business units.
• Provide management with financial analysis and recommendations to support commercial and operational decisions.
• Lead the preparation and coordination of statutory audits and ensure timely resolution of audit findings.
• Ensure compliance with applicable tax, accounting, regulatory, and financial reporting requirements.
• Oversee treasury operations, banking relationships, payments, and financial risk management.
• Review major contracts, investments, capital expenditure, and other significant financial commitments.
• Strengthen controls around inventory, procurement, sales collections, credit, expenses, and branch operations.
• Identify opportunities for cost optimisation, improved profitability, and operational efficiency.
• Lead, develop, and performance-manage the finance and accounting team.
• Collaborate with HR, Operations, Procurement, Pharmacy, Retail, F&B, IT, Audit, and other departments on financial matters.
• Provide financial insights and business intelligence to support expansion and strategic initiatives.
• Ensure the integrity, accuracy, and completeness of the Group’s financial records.

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or a related discipline.

• Minimum 10 years of progressive experience in finance and accounting, with significant experience in senior financial management.

• Professional accounting qualification such as ICAN, ACCA, or equivalent is required.

• Proven experience in a CFO, Finance Director, Financial Controller, or equivalent senior leadership role.

• Strong knowledge of financial reporting, management accounting, budgeting, taxation, treasury, audit, and financial controls.

• Demonstrated experience managing finance teams and working with senior management.

• Strong commercial and business acumen, with the ability to connect financial performance to operational results.

• Experience in retail, FMCG, pharmaceutical distribution, manufacturing, hospitality, or other multi-location businesses will be an advantage.

• Strong knowledge of Nigerian financial, tax, and regulatory requirements.

• Excellent analytical, problem-solving, negotiation, and decision-making skills.

• Strong proficiency in Microsoft Excel and financial/accounting systems.

• Experience with ERP systems and business intelligence/reporting tools is an advantage.

• High level of integrity, confidentiality, accountability, and attention to detail.

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