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Sigma Consulting Group

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CHIEF FINANCIAL OFFICER (CFO)

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CHIEF FINANCIAL OFFICER (CFO)

Location: Lagos / Abuja, Nigeria
Industry: Healthcare
Employment Type: Full-Time, Permanent
Department: Finance & Corporate Services
Reports To: Managing Director / Board of Directors
Experience: Minimum of 15 Years
Salary: ₦2,000,000 – ₦2,500,000 Monthly, Negotiable Based on Experience

JOB SUMMARY

The Chief Financial Officer (CFO) will provide strategic financial leadership across the organisation, overseeing financial planning, corporate finance, treasury, investment, risk management, financial governance and business expansion.

The successful candidate will serve as a key strategic adviser to the Managing Director, Executive Management and Board, providing financial insight and leadership to support sustainable growth, profitability, operational efficiency and long-term business objectives.

The role requires a commercially astute finance executive with significant experience in healthcare finance, corporate finance, capital raising, treasury management and strategic business expansion.

KEY RESPONSIBILITIES

1. Financial Leadership & Strategy

  • Develop and implement the organisation's long-term financial strategy.

  • Provide strategic financial advice to the Managing Director, Executive Management and Board.

  • Strengthen financial governance, controls and accountability across the organisation.

  • Drive initiatives that improve profitability, financial sustainability and business performance.

  • Lead financial transformation and process improvement initiatives.

2. Financial Planning & Performance

  • Lead annual budgeting, forecasting and long-term financial planning.

  • Develop financial models, management dashboards and performance reports.

  • Monitor financial KPIs and provide actionable recommendations to management.

  • Identify opportunities for cost optimisation and improved operational efficiency.

  • Ensure timely and accurate financial reporting for management and Board decision-making.

3. Corporate Finance & Capital Raising

  • Develop and execute corporate financing and capital-raising strategies.

  • Lead negotiations with banks, investors, development finance institutions and other financial stakeholders.

  • Identify appropriate funding opportunities to support business expansion.

  • Demonstrate a proven track record of raising corporate funding of at least USD 20 million.

  • Oversee the effective utilisation, monitoring and reporting of raised capital.

  • Manage relationships with commercial banks, institutional investors, private equity firms and other financing partners.

4. Healthcare Finance

  • Develop sustainable financial models appropriate to the healthcare sector.

  • Manage financial relationships with HMOs, insurers, healthcare financiers and institutional partners.

  • Support optimisation of healthcare revenue and reimbursement structures.

  • Analyse healthcare financial performance and identify opportunities for revenue improvement.

5. Treasury & Investment Management

  • Oversee treasury operations and organisational cash-flow management.

  • Optimise liquidity and working capital.

  • Manage foreign exchange and other financial exposures.

  • Evaluate investment opportunities and recommend appropriate investment strategies.

  • Ensure prudent management and protection of organisational financial resources.

6. Business Expansion & Corporate Development

  • Provide financial leadership for expansion and strategic growth initiatives.

  • Conduct financial feasibility studies, business cases and investment analysis.

  • Support mergers, acquisitions and strategic partnerships where applicable.

  • Lead financial due diligence for major investment and expansion opportunities.

  • Develop sustainable financial structures for new business initiatives and facilities.

7. Governance, Risk & Compliance

  • Ensure compliance with applicable Nigerian financial, tax, accounting and regulatory requirements.

  • Maintain robust internal financial controls and governance frameworks.

  • Oversee statutory audits and financial regulatory reporting.

  • Identify and manage financial and enterprise-level risks.

  • Ensure financial reporting is consistent with applicable accounting standards, including IFRS.

8. Leadership & Team Management

  • Lead and develop the finance function across relevant business locations.

  • Build a high-performing and accountable finance team.

  • Establish departmental KPIs and performance standards.

  • Develop succession and talent development plans.

  • Promote a culture of integrity, accountability, continuous improvement and commercial excellence.

QUALIFICATIONS & REQUIREMENTS

Education

  • Bachelor's Degree in Accounting, Finance, Economics, Business Administration or a related discipline.

  • Master's Degree or MBA in Finance, Business Administration, Economics or a related field is required.

Professional Certification

Candidates must possess at least one recognised professional accounting qualification, such as:

  • ICAN / ACA

  • ACCA

Additional qualifications such as CFA or CPA will be an advantage.

Professional Experience

  • Minimum of 15 years' progressive finance experience.

  • Minimum of 7 years' experience in senior finance leadership.

  • Previous experience as a CFO, Group CFO, Finance Director, Executive Director of Finance or equivalent senior finance position.

  • Healthcare industry experience is mandatory.

  • Proven experience managing finance operations across multiple locations.

  • Demonstrable experience in corporate finance, treasury, financial planning and business expansion.

  • Proven track record of raising at least USD 20 million in corporate funding.

  • Strong experience in financial modelling, investment analysis, risk management and corporate governance.

CORE SKILLS

  • Corporate Financial Strategy

  • Healthcare Finance

  • Financial Planning & Analysis

  • Corporate Finance

  • Capital Raising

  • Treasury Management

  • Investment Management

  • Financial Modelling

  • Budgeting & Forecasting

  • IFRS Financial Reporting

  • Tax & Regulatory Compliance

  • Enterprise Risk Management

  • Corporate Governance

  • Mergers & Acquisitions

  • Cash Flow & Working Capital Management

  • Business Expansion

  • Financial Transformation

  • Financial Analytics

KEY COMPETENCIES

  • Strategic and Commercial Thinking

  • Executive Leadership

  • Financial Decision-Making

  • Business Acumen

  • Corporate Governance

  • Negotiation & Stakeholder Management

  • Board-Level Communication

  • Team Leadership & Development

  • Analytical and Problem-Solving Skills

  • Excellent Communication and Presentation

  • High Integrity and Professional Ethics

  • Accountability and Results Orientation

KEY PERFORMANCE INDICATORS (KPIs)

The successful candidate will be assessed against relevant financial and strategic KPIs, including:

  • Revenue and profitability growth

  • Cash-flow and liquidity management

  • Cost optimisation

  • Budget performance

  • Capital-raising outcomes

  • Return on investment

  • Financial reporting accuracy and timeliness

  • Audit performance

  • Regulatory compliance

  • Treasury efficiency

  • Working-capital optimisation

  • Financial risk management

  • Business expansion support

  • Finance team performance

COMPENSATION & BENEFITS

  • ₦2,000,000 – ₦2,500,000 Monthly Gross/Net – subject to final employment structure and experience

  • Performance-based executive incentives

  • HMO/health insurance

  • Pension contribution

  • Annual leave

  • Professional development opportunities

  • Executive leadership exposure

  • Opportunity to contribute to major business growth and expansion initiatives

HOW TO APPLY

Interested and qualified candidates should send their updated CV to:

Email: hiring@mysigma.io

Subject: Chief Financial Officer (CFO) – Lagos/Abuja

Only shortlisted candidates will be contacted.


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