Group Head of Finance at Fosad Consulting Limited

Fosad Consulting, LLC. is a professional services firm established to provide quality consulting services to desiring clients, whose primary objective is to focus their management and technical resources on their core competence.

We are recruiting to fill the position below:

Job Title: Group Head of Finance

Location: Lekki, Lagos
Employment Type: Full-time

Functions

• The Head of Finance performs all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, liquidity management as well as development of internal control policies and procedures.
• He/she will ensure the availability of all financial information required to support management and other stakeholders in strategic decision-making. The role will also support business transformative initiatives.
• The ideal candidate should have worked in a financial institution (Bank, Finance House, or Microfinance) in such capacity and must be conversant with CBN regulations and other relevant authorities in terms of regulatory compliance requirements.
• The ideal candidate must be conversant with relevant core banking applications such as Bankone ERP, etc and intermediate/advanced proficiency level with MS excel and other MS office suite.
• The ideal candidate have experience developing finance strategies for growth, treasury management and business forecasting.
• Essentially maintining the company’s financial health and contributing to the overall performance / profitability with focus on maximising value for the business.

Duties & Responsibilities

• Responsible for timely, accurate and appropriate financial statements and reports for all stakeholder (internal/external) in accordance with IFRS.
• Implement and ensure adherence to internal financial and accounting policies and procedures.
• Maintain complete and accurate supporting documentation for all financial transactions.
• Manage the company’s cash flow and prepare cash flow forecasts on a regular basis.
• Handle the acquisition of capital assets and ensure they are properly recorded, amortized, and disposed of as appropriate.
• Ensure compliance with CBN regulations and other relevant authorities in terms of regulatory compliance requirements.
• Prepare supporting information for the annual audit exercise and liaise with external auditors as necessary.
• Formulate policies for budget and forecast preparation; assist other departments in budget creation; prepare the annual company budget, monitor and report on variances.
• Oversee the administration of investments.
• Compute key business metrics and report on them to management; create additional analyses and reports as requested.

Qualifications

• B.Sc / B.A Degree in Accounting, Finance or relevant educational experience.
• Master or relevant certification (e.g. ICAN/CIMA,ACCA) is an added advantage.

Experience:

• Minimum of 5 years current experience in a finance management Role with experience leading a team.
• Experience in process and procedure mapping and structuring, documentation to ensure delegation of authority requirements is essential.
• In-depth understanding of cash flow management, bank reconciliation and bookkeeping.
• Understanding of the tax laws and its application is essential.
• Experience with leading financial house/Micro finance bank is an added advantage.
• Finance Accounting, Management Accounting, planning, budgeting and risk management.
• Experience with strategy and performance managmement.
• Experience with Treasury operations, cash and Liquidity management.
• Minimum of 5 years’ current experience in a finance management Role, including accounts preparation, budget process management, forecasting.

Application Closing Date
Not Specified.