Job Description: Chief Financial Officer (CFO) -Retail Business
Budget;- 11000-12000 USD monthly & Benefits
Location;-Angola
Education :- CA is mandatory
Position Overview
The Chief Financial Officer (CFO) is a key member of the executive leadership team responsible for overseeing all financial aspects of the company’s operations, strategic growth, and long-term sustainability. This role requires a commercially astute leader with a strong grasp of FMCG industry dynamics—particularly in retail, wholesale, and distribution—capable of balancing financial discipline with agility in a fast-paced, high-volume environment.
Key Responsibilities
1. Financial Strategy & Leadership
- Develop and execute the company’s financial strategy aligned with overall business objectives.
- Provide strategic recommendations to the CEO and Board of Directors based on financial analysis, projections, cost identification, and revenue/expense management.
- Drive profitability and sustainable growth across retail, wholesale, and distribution divisions.
- Lead budgeting, forecasting, and long-term financial planning processes.
2. Financial Management & Reporting
- Oversee preparation and accuracy of financial statements, management reports, and performance dashboards.
- Ensure compliance with accounting standards, tax regulations, and statutory reporting requirements.
- Establish and maintain robust internal controls to safeguard company assets.
- Manage working capital, liquidity, and cash flow to support operational efficiency and expansion plans.
3. Business Performance & Operational Excellence
- Partner with sales, procurement, and operations teams to optimize pricing, margins, and inventory turnover.
- Monitor key business metrics such as sales per store, SKU profitability, inventory days, and credit cycles.
- Implement cost optimization and efficiency initiatives across supply chain and distribution functions.
- Oversee financial systems implementation and data integrity in ERP and POS environments.
4. Risk Management & Compliance
- Identify, assess, and mitigate financial and operational risks.
- Ensure adherence to corporate governance standards, regulatory compliance, and audit requirements.
- Manage relationships with external auditors, banks, and financial institutions.
- Oversee insurance, credit control, and debt management policies.
5. Strategic Growth & Investment
- Evaluate new business opportunities, mergers, acquisitions, and partnerships.
- Conduct financial due diligence and support capital investment decisions.
- Drive initiatives for business expansion, digital transformation, and profitability enhancement.
- Manage capital structure, fundraising, and investor relations where applicable.
Qualifications & Experience
Education
- Chartered Accountant (CA) qualification is mandatory.
- MBA in Finance or Strategic Management will be an added advantage.
- Bachelor’s degree in Accounting, Finance, Economics, or related field.
Experience
- Minimum 20–25 years of progressive finance leadership experience.
- At least 8 years in a senior finance leadership role (CFO, Finance Director, or GM – Finance) within an FMCG, retail, or wholesale environment.
- Proven track record in managing complex supply chain and distribution-driven financial models.
- Experience in ERP implementation and financial automation preferred.
Core Competencies
- Strong commercial acumen and strategic mindset.
- Deep understanding of FMCG business dynamics including pricing, trade margins, distribution costs, and retail operations.
- Exceptional leadership, communication, and stakeholder management skills.
- Analytical thinker with the ability to translate data into actionable business insights.
- High integrity, transparency, and commitment to governance and ethical standards.
- Hands-on, agile, and adaptable in fast-paced environments.
Key Performance Indicators (KPIs)
- Revenue growth and profitability targets.
- Working capital efficiency (inventory turnover, receivables, and payables).
- Cost-to-sales ratio and margin improvement.
- Accuracy and timeliness of financial reporting.
- Compliance and audit performance.
- Return on Investment (ROI) and capital efficiency.
