Head of Finance at Arca Payments Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
105018
Job Views
68

Job Description






Job Summary



Responsible for overseeing the administrative, and financial operations of Arca Payments. This includes developing a comprehensive financial and operational strategy, establishing metrics aligned with that strategy, and continuously monitoring control systems to protect company assets while ensuring accurate financial reporting.



Job Details



Planning




  • Assist in formulating Arca Payments’ future direction and support tactical initiatives.

  • Monitor and direct the implementation of strategic business plans.

  • Develop financial and tax strategies to optimize company resources.

  • Manage capital requests and budgeting processes effectively.

  • Create performance measures that align with the company’s strategic goals.



Operations




  • Participate in key decisions as part of the Senior Management team.

  • Foster in-depth relationships with all members of the management team.

  • Oversee the accounting, human resources, and legal departments.

  • Manage third-party relationships for outsourced accounting and finance functions.

  • Oversee transaction processing systems to ensure efficiency and accuracy.

  • Implement operational best practices across financial functions.

  • Supervise employee benefit plans, focusing on cost-effective solutions.

  • Lead acquisition due diligence processes and negotiate acquisition deals.



Financial Information




  • Oversee the issuance of financial reports and information.

  • Report financial results to the board of directors and other stakeholders.

  • Monitor ongoing legal issues and their implications for the company and industry.

  • Construct and oversee reliable control systems to safeguard assets.

  • Ensure appropriate insurance coverage is maintained.

  • Guarantee compliance with all legal and regulatory requirements.

  • Maintain records that meet auditing and governmental standards.

  • Report risk issues to the audit committee of the board of directors.

  • Build and maintain relationships with external auditors, addressing their findings and recommendations.



Funding




  • Monitor cash balances and forecasts to ensure liquidity.

  • Arrange for debt and equity financing as needed.

  • Manage investment of company funds to maximize returns.



Third Parties




  • Participate in calls with the investment community to communicate company performance.

  • Maintain banking relationships to support financial operations.

  • Represent Arca Payments with investment bankers and investors.



Supervisory




  • Supervise and provide overall leadership to the finance team.

  • Evaluate the structure of the finance division, identifying areas for improvement.

  • Train team members and other staff on financial management, and strategy policies.



Requirements




  • Bachelor’s and master’s degrees in accounting, Finance, Business Administration, and other related fields.

  • Certified Public Accountant or Certified Management Accountant designations preferred, ICAN, ACCA, FCCA, CFA

  • 8+ years of experience in financial and management roles. Proven expertise in the fintech sector is a plus.



Benefits




  • Internet and Airtime Stipend

  • 13th Month Allowance

  • Leave Allowance( To be applicable Upon completion of the probation period)

  • Conducive Work Environment.

  • Flexible Work Time (Resume by 8:30 am and close by 3 pm for days physically present at the office).

  • Training Opportunities for upskilling.

  • Birthday Vouchers.



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