• Application Deadline:
• Position: Head of Finance


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 4 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Purpose of the job

• Responsible for providing leadership and direction for the achievement of financial objectives.


• This will include ensuring the management of effective and efficient financial systems, procedures and reporting requirements that comply with Company, legal and international accounting standards; ensuring that financial processes meet the requirements of the business.

Job Description

Duties:

Maintain oversight of the financial processes and systems within the organisation

• Responsibility for the Finance and Accounting functions within the Country in compliance with Company procedures, policies and local country legislation.


• Oversee, review and develop administration systems and processes to ensure they effectively and efficiently support business objectives and that a cost effective, timely and accurate service is supplied to the business units within the Region.


• Oversee capital investment appraisals within the Region; utilizing commercial acumen to evaluate investment proposals and potential acquisitions advising senior management on action to take.


• Ensure cash management processes are tightly managed throughout the Region and that cash flow targets are set and achieved.


• Ensure adequate cash flow controls are in place.

Staff development and structure

• Take an active role in the development of the company finance organisation instigating corrective action where necessary.


• Ensure the finance function is appropriately structured and appropriately resourced to deliver the required level of effective, efficient and timeous service.


• Ensure the adequacy of the financial departments manning levels at Head Office and branches.


• To evaluate the performance levels of accounting staff in the Company and implement such measures as to ensure proper performance.

Management of financial reporting and budgeting

• Oversee the timeous and accurate production of key monthly management information i.e., forecasts and analysis of monthly trading results


• Evaluates and improves Company’s monthly financial reporting and management information reports.


• Oversee and manage the Regional RACSE process, risk and insurance. And ensure that business risks are identified and addressed.


• Ensure the annual financial budgets and forecasts are prepared and to review Company performance against budget on a monthly basis, highlighting and analyzing variances and actions required for the Managing Director


• Prepare and timeously present financial reporting in line with Group guidelines, commercial and tax laws.

Management and oversight of Financial Compliance

• Ensure that any projects with major financial funding implications are subject to an appropriate level of financial expertise, commercial acumen and business risk analysis.


• Reviews, evaluates and recommends financial policies and procedures in the Company and implements approved enhancements to maximise control over Company’s finances.


• To ensure adherence to company financial policies and procedures.


• Prepare the financial year-end and tax packages.


• Prepare annual financial statements.


• Prepare and submit statutory returns for Company: VAT Returns, WHT, ITF Levy etc

Requirements:in

Experience and Qualifications:

• Extensive experience as a Head of Finance in a service industry, with professional focus in Finance and knowledge of financial practices across the African continent. (or equivalent emerging markets).


• A successful track record in the development and implementation of medium and long term commercially sound financial strategies across diverse markets in Africa (or equivalent emerging markets).


• A formal 4 year qualification in finance and professional accreditation as a Chartered accountant or equivalent. In addition a commercial qualification such as an MBA would be desirable. 5 years post qualification experience.

Competencies:

• In depth knowledge of all the related Accounting and Finance practice


• Knowledge of SAGE, BCP reporting and auditing standards


• Knowledge of change management methodologies and processes


• Negotiation


• Ability to design and implement a change process


• Conflict resolution


• Communication skills (verbal and written) and Persuasiveness


• Working with complexity


• Awareness of the market environment


• Managing professionally


• Driving change


• Results Orientation and Resilience