Head of Finance /Admin at Stresert Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
19 hours ago

Additional Details

Job ID
156367
Job Views
23

Job Description






Location: Magodo, Lagos



Directly reports to: C.O.O



Directly supervises: Account/Admin Officers, Treasury Officers



Job Purpose




  • Ensure the organization's financial integrity and sustainability.

  • Safeguard company assets and prevent financial leakages through strong internal controls.

  • Maintain stable treasury operations and effective investment portfolio management.

  • Ensure full compliance with tax, pension, and regulatory obligations.

  • Deliver accurate and timely financial reporting to support strategic decision-making.

  • Optimize cash flow through effective management of receivables and payables.

  • Provide strategic financial advisory support to executive management.



Key Outputs




  • Annual budget

  • Monthly payrolls

  • Monthly management accounts

  • Cash flow forecast report

  • Investment portfolio

  • Treasury & liquidity position report

  • Internal control review report

  • Annual financial statements



Key responsibilities areas




  • Safeguard the company’s financial integrity and prevent financial leakages by:

  • Establishing and enforcing a robust internal control framework across treasury, receivables, payables, payroll, and reporting processes.

  • Supervising periodic reconciliations and reviewing exception reports to ensure accounts remain balanced at all times.

  • Directing internal audit reviews and ensuring corrective actions are implemented promptly.

  • Approving financial transactions within delegated authority limits and enforcing segregation of duties across the team.

  • Ensure disciplined budgetary control and financial performance management by:

  • Overseeing receivables collection to ensure payments are received within agreed timelines.

  • Managing payables scheduling to ensure vendors, partners, and statutory bodies are paid on time.

  • Aligning inflows and outflows to prevent cash shortfalls.

  • Raising payment instructions promptly to meet financial obligations.

  • Ensure delivery of accurate, timely, and decision-ready financial reporting and documentation by:

  • Directing the preparation of monthly management accounts and business performance reports.

  • Reviewing financial statements, interpreting financial data, and presenting insights to support strategic decision-making.

  • Enforcing real-time posting discipline within accounting systems.

  • Establishing structured filing and documentation standards for financial and administrative records.

  • Supervising proper retention of agreements, investment documents, invoices, receipts, and statutory records.

  • Ensuring the organization remains audit-ready at all times.

  • Safeguard and monitor company assets by:

  • Maintaining oversight of the company’s asset register and periodic verification exercises.

  • Reviewing asset utilization reports and investigating discrepancies.

  • Ensuring adequate controls exist to prevent asset misappropriation.



Build a high performing team by:




  • Supervising and setting performance standards for the Accounts and Admin team.

  • Allocating responsibilities and ensuring accountability for deliverables.

  • Reviewing work outputs to maintain accuracy and compliance standards.

  • Providing coaching and strengthening financial discipline across the department.

  • Provide strategic financial leadership to executive management by:

  • Advising on funding strategies, capital structure, and investment decisions.

  • Analyzing business trends, profitability drivers, and risk exposures.

  • Supporting corporate planning with financial modelling and performance projections.

  • Representing the finance function in executive discussions and decision forums.

  • Drive the sustainability and growth of the company’s revenue and capital base by:

  • Directing and supervising the monitoring of all client repayments and investment inflows.

  • Ensuring reconciliations of repayment plans using Loan Disk and accounting systems are completed accurately and in a timely manner.

  • Reviewing exposure risks and intervening where potential ROI or maturity defaults are identified.

  • Holding the team accountable for timely investor notifications and settlement of obligations

  • Ensure effective treasury and investment portfolio management by:

  • Overseeing corporate and individual investment portfolios and monitoring maturity cycles.

  • Approving rollover, settlement, or liquidation decisions in line with treasury strategy.

  • Ensuring promissory notes and investment obligations are properly documented and tracked.

  • Preserving investor confidence through disciplined treasury oversight.

  • Ensure full statutory and regulatory compliance by:

  • Establishing a compliance calendar covering all tax, pension, and regulatory obligations.

  • Supervising the preparation and timely filing of WHT, PAYE, CIT, Directors’ Assessments, and other statutory returns.

  • Reviewing and approving statutory remittances prior to submission.

  • Representing the organization during regulatory inspections and external audits.

  • Any other results/responsibilities/duties/tasks/job roles that may be assigned to you by management.

  • Performance Standards

  • Strategic financial advisory & funding oversight

  • Departmental leadership

  • Billing and invoicing

  • Payment tracking and receivables management

  • Financial reporting and reconciliation

  • Sales support



Key interfaces




  • Internal: Account Team, Risk and Credit Team, Sales Team

  • External: Customers, Regulatory bodies



MINIMUM REQUIRED JOB SPECIFICATION




  • Academic and Professional

  • HND/Degree in Accounting, Economics, Finance, or any related discipline

  • ICAN/ACCA certification.



Experience




  • Minimum of 7-10 years of relevant experience with 2 years in a leadership role.



REQUIRED COMPETENCIES




  • Organizational Competencies

  • Adding Value, Dedication, Excellent Service, Professionalism, Transparency



Grade Category Competencies




  • Report writing competence

  • Effective communication

  • People management skills

  • Problem solving

  • Financial management skills

  • Leadership skills



Functional competencies




  • Knowledge of Advanced finance

  • Treasury & liquidity management skills

  • Financial reporting & interpretation

  • Budgeting & financial planning knowledge

  • Regulatory & tax compliance management

  • Revenue tracking

  •  Risk assessment & mitigation



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