Head of Finance at SENCE Nigeria

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
56038
Job Views
87

Job Description



Responsibilities


Financial Strategy:



  • Develop and implement financial strategies aligned with the company's goals and growth plans.

  • Provide financial insights and recommendations to senior management to support effective decision-making.

  • Forecast financial trends, assess potential risks, and identify growth opportunities.


Budgeting and Planning:



  • Lead the annual budgeting process and collaborate with department heads to allocate resources effectively.

  • Monitor budget performance, analyse variances, and propose corrective actions as needed.

  • Prepare financial forecasts and scenario analysis to guide long-term financial planning.


Financial Reporting:



  • Oversee the preparation of accurate and timely financial statements, reports, and analysis.

  • Present financial results to the executive team and board of directors, explaining key trends and insights.

  • Ensure compliance with accounting standards, regulations, and reporting requirements.


Financial Operations:



  • Oversee the day-to-day financial operations, including accounts payable, accounts receivable, and payroll.

  • Implement and maintain effective internal controls to safeguard company assets and ensure financial accuracy.

  • Optimise cash flow management and working capital to support business operations.


Investment Analysis:



  • Evaluate investment opportunities and potential acquisitions, conducting thorough financial due diligence.

  • Provide financial analysis for new projects, initiatives, and partnerships to assess their financial viability.


Risk Management:



  • Identify financial risks and implement strategies to mitigate them, ensuring compliance with legal and regulatory requirements.

  • Develop and maintain a risk management framework to safeguard the company's financial stability.


Team Leadership:



  • Lead and develop the finance/accounts team, fostering a culture of collaboration, continuous improvement, and professional growth.

  • Provide coaching and mentorship to team members, promoting their development within the organisation.


Requirements



  • The requirements listed below are representative of the Knowledge, Skill and/or ability required to perform this job satisfactorily:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field

  • Professional qualification such as ICAN or ACCA is desirable

  • Minimum of 10 years proven experience working in finance with at least 3 years in a leadership position

  • In-depth knowledge of financial principles, accounting standards, and regulations.

  • Strong analytical skills, with the ability to interpret complex financial data and provide actionable insights.

  • Proficiency in financial software and systems, and financial modelling tools.

  • Excellent communication and presentation skills, with the ability to convey financial information to non-financial stakeholders.

  • Strategic thinking, problem-solving, and decision-making abilities.

  • Demonstrated leadership skills and the ability to motivate and develop a finance team.


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