CLOSED

Full-Time

Startup & High Growth

Movemeback African oppportunity location
  • Lagos , Nigeria

Gokada - Chief Finance Officer Movemeback African opportunity cover image

Description

Gokada, is building the future of transportation in Nigeria. This venture-funded tech company are passionate about solving the transportation and logistics challenges facing millions of Nigerians in metropolitan Lagos, the most populous city in Africa. Starting with two-wheeler taxi-motor bikes (okadas) ride hailing, Gokada enables commuters to hail motorcycles via the Gokada mobile app, and take safe and affordable rides. Since its launch in 2018, Gokada has experienced rapid growth, completing almost a million rides and successfully on-boarding more than 1,000 motorcycles and their pilots on their mobile app. With the overriding objective of making cities more livable, Gokada is revolutionising the way people move around. Having recently closed their Series A funding round, Gokada are seeking an astute Finance leader to support their continued growth objectives and strategic priorities.

 

As the new Chief Finance Officer, you will drive financial success for Gokada, and provide strategic leadership during this exciting new phase of growth. As a member of the senior leadership team, you will drive financial success by maintaining a deep command of the financial drivers and levers of the business and wider industry. Leading a team of vibrant accountants, you will provide visibility to executives of their cash runway. In summary, you will be “the accountant”, “the dealmaker” and “the financial advisor”.

 

As the ideal candidate, you should be forward-thinking and consider economic, industry, tax, government regulation and social issues. You should demonstrate a deep understanding of Gokada’s business model and banking relationships, an ability to work with the board of directors, liaise and consult with investors, prepare detailed financial and management reports, work with auditors, oversee tax planning and set policies around controls and expenditure. You’ll be joining a team of vibrant accountants that are passionate about excellence. The CFO role provides a unique opportunity to learn about the Gokada way and the organisation’s values, whilst sharing your own knowledge, insights, best practices and style.

 

 

Role Responsibilities:

 

Within 1 month you’ll:

  • Work with the CEOs to understand strategic priorities
  • Meet members of the management team
  • Monitor and direct the implementation of strategic business plans
  • Develop financial and tax strategies
  • Manage the capital request and budgeting processes
  • Assess, develop and implement processes to make the company’s financial management more seamless
  • Develop financial performance measures and monitoring systems that support the company's strategic direction
  • Oversee financial transactions and ensure compliance

 

Within 3 months you’ll:

  • Analyse financial information and summarise financial status
  • Lead financial standard-setting and forecast process
  • Lead the team in the verification, allocation, posting and reconciliation accounts payable and receivable
  • Prepare financial statements and produce budget according to schedule
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls
  • Work with the Finance Manager and Accounting Manager to improve financial procedures
  • Ensure the integrity of accounting information by leading the team in recording, verifying, consolidating, and entering transactions
  • Ensure completion of financial & tax audits and tax returns
  • Execute the financial strategy of the company
  • Provide advice on how to optimise costs and increase revenue
  • Identify and mitigate potential risks

 

Within 6 months you’ll:

  • Accompany the CEOs in reporting financial results to the board 
  • Participate in key decisions as a member of the executive management team
  • Maintain in-depth relations with all members of the management team
  • Oversee the company's transaction processing systems
  • Implement operational best practices in the area of Finance
  • Assist in formulating the company's future direction and supporting tactical initiatives

 

 

Criteria

  • Degree in Finance or Accounting, Masters would be a plus
  • At least 10 years' experience in a Senior Finance Manager position or as a Chartered Accountant 
  • 5+ years’ experience in a finance leadership position with experience managing cashflow, high volume of receivables and treasury management
  • Proven experience as a Financial Controller, with thorough understanding of generally accepted accounting principles and basic procedures
  • Experience with fundraising and consulting with investors
  • Exposure to global financial operations and best practices
  • Experience developing complex financial models
  • Proficient user of accounting software packages
  • Results-oriented, strategic thinker and planner, with a good awareness of business trends
  • Strong managerial and organisational skills which include multitasking and apt attention to detail
  • Great analytical skills for decision making and problem-solving
  • Great team leader and player 
  • Interest in the company’s growth and self-development
  • Exceptional communication skills

Benefits

  • Globally competitive salary
  • Medical Cover
  • Potential for stock options

About Gokada

Tech company Gokada, is building the future of transportation in Nigeria, starting with their two-wheeler taxi-motor bike (Okada’s) ride hailing. Gokada aims to solve the transportation and logistics challenges facing millions of Nigerians in metropolitan Lagos - the most populous city in Africa. The Gokada mobile app provides commuters access to hail motorcycles and take safe and affordable rides to any part of Lagos. The app is currently available and can be used on both Android and iOS devices. Gokada has completed almost a million rides since its launch in 2018, and the team have on-boarded more than 1,000 motorcycles and their pilots onto their app. The company has grown quickly, and the team stay true to two things as a transportation company: safety is #1 priority and city is #1 customer. 

 

The team recently secured $5.3 million in Series A funding. Gokada plan to use the financing to increase their fleet and ride volume, while developing a network to offer goods and services to its drivers. Gokada differs from other ride-hail ventures in that it does not split fare revenue with the drivers. Gokada charges drivers a flat-fee of 3,000 Nigerian Naira a day (around $8) to work on their platform. The company is looking to generate a larger share of its revenue from building a commercial network around its rider community.

 

Gokada’s vision is to become the Operating System of cities for mobility, on-demand services, and financial services, by driving social and economic inclusion. Their purpose is to make cities more livable.