The Nigeria Sovereign Investment Authority (NSIA) is a recently established
Sovereign Wealth Fund (SWF) for the benefit of the Federal Republic of Nigeria.
The Authority will take off with an initial funding of US$1 billion.
The NSIA is legislated to invest pledged funds on behalf of the people of
Nigeria for their medium and long-term benefit through investments:
(i) Savings for future generations
(ii) Infrastructure development and
(iii) The stabilization of the Nigerian economy.
CHIEF FINANCIAL OFFICER – NSIA 1
Reporting to the CEO the successful candidate will be responsible for ensuring
effective management and utilization of the Authority’s financial resources in
line with its corporate objectives
RESPONSIBILITIES
Coordinate the development and implementation of finance and accounting
policies, processes and procedures in line with best practices while ensuring
adequate in built controls
Develop and implement robust cost management strategies to monitor and control
costs across the organisation
Facilitate the budgeting process and ensure effective budget performance of the
authority, adherence to the budget and other key financial management elements
Ensure timely remittance of all statutory deductions to the relevant bodies e.g
pension and taxes and manage the interface between the authority and external
auditors
Provide advice to the management team on all financial issues.
Continually review the effectiveness of the authority’s finance policies,
procedures and processes and identify improvement opportunities and authorize
expenditure/transactions in line with the approved financial authority limits
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