• Application Deadline:
• Position: Portfolio Finance Business Partner


• Job Type Full Time , Hybrid


• Qualification BA/BSc/HND


• Experience 4 years


• Location Lagos


• Job Field Finance / Accounting / Audit  , NGO/Non-Profit 
  

• We are looking for a Finance Business Partner to join our rapidly growing company.


• The ideal candidate must have experience in working with startups, managing multiple sets of accounts and currencies, understanding financial and portfolio reporting, tax returns and payroll, and have a solid understanding of financial control. 


• The candidate is required to be highly organised, process driven with great attention to detail. The candidate must also be able to work in a fast-paced environment.  


• The candidate will be responsible for managing the performance of service providers such as the tax firms providing support in the various jurisdictions we operate in.


• This role will report to the Financial Manager and will provide support in all finance matters.

Responsibilities:

The main responsibilities of the Finance Business Partner will include providing financial advisory and operational support to the startups in our portfolio and reporting on their performance accordingly.

Portfolio support: 

• Providing financial accounting and financial management advisory support to the portfolio companies in the Venture Build, Venture Scale, and Venture Design Academy programs


• Support the investments team by reviewing management accounts and analysing financial statements provided by portfolio companies


• Support Founders with best-practice budgeting and financial management processes 


• Support Founders with finding the best talent for their finance functions


• Preparing and documenting finance policies, processes, and related playbooks for portfolio companies


• Deploying portfolio-related payments such as stipends, loans, and founder invoices related to GEN-F (Venture Build)


• Management of loans deployed and tracking repayments


• Compliance: Reviewing all compliance documentation related to the portfolio companies


• Ensuring that the tax compliance related to the Venture Build, Venture Scale and Venture Design Academy programs is in good standing in the various regions


• Monitoring the portfolio companies against all compliance requirements including statutory audits, tax compliance and regulatory compliance.


• Portfolio and Financial reporting: Analysing, monitoring and tracking the portfolio valuations of investments made by FFA 


• Support Heads of Department with budget preparation and budget monitoring


• Preparing the interest workings for the charitable loans


• Preparing the assessment for credit losses 


• Reviewing the accounts to ensure bank reconciliations and all portfolio valuations are captured accurately


• Preparing monthly financial and portfolio reports for the Venture Build, Venture Scale, and Venture Design Academy activities


• Maintaining accurate and complete financial records in the accounting system - Xero

Other responsibilities: 

• Supporting the CFO and the Financial Manager with all finance matters for the Group of companies (South Africa, Kenya, Nigeria, United Kingdom, new markets) 


• Assisting with ad-hoc duties as and when assigned

Experience required

• Experience working in a startup or high-growth business would be preferable


• A BCom Accounting degree is preferred


• Preferably a qualified accountant


• A minimum of four years post-qualified working experience in a finance role


• Solid accounting background with a sound understanding of accounting systems


• Technical knowledge of IFRS and Tax legislation


• Previous working experience with Xero an advantage (Preference but not requirement)

Skills required

• Attention to detail is imperative


• Accuracy at all times when delivering work


• Ability to multitask


• Working with multiple sets of accounts


• Strong administration skills


• Maintain good time-management skills


• Pro-active / takes initiative


• Assertive and willing to learn


• Good interpersonal and communication skills


• Strong advisory skills


• Solving complex challenges


• An active and energetic person who wants to get involved and take control of their own career and success will do well in this position


• Experience with Forex transactions advantageous


• Accounting software tools (SYFT, XERO, Quickbooks, others)


• Good Excel skills