Head of Finance at the People Practice

The People Practice - Our client, an all-in-one financial services platform for businesses in the supply chain is recruiting to fill the position below:

Job Title: Head of Finance

Location: Lagos
Employment Type: Full-time

Description 

• Our client is looking to hire a Head of Finance who will be accountable for accurate reporting of financial results and managing the company’s financial affairs. The ideal candidate should have experience crafting financial strategies and managing accounting teams. Ultimately, you will maintain our company’s financial health and increase profitability in the long run.

Responsibilities

• Manage the financial reporting for the organisation. This includes monthly financial reporting, budgeting, and forecasting, 5-year financial plans and all statutory financial reporting.
• Provide sound financial support and insights to enable the Executive Leadership Team to make critical business decisions.
• Advise on market changes and provide strategic financial recommendations to the Executive Leadership Team.
• Presentation of financial reports and insights to the Board.
• Manage and oversee the taxation affairs of the organisation and liaise with the external tax firm for specialist advice.
• Manage and oversee the cash flow of the company while ensuring it has the appropriate treasure controls in place.
• Manage the External Auditor relationship and ensure the organisation is compliant with accounting standards.
• Manage and oversee the company's banking and borrowing arrangements.
• Manage and oversee the company’s financial systems.
• Recruit, train, mentor and ensure professional development of direct reports in the finance department and evaluate team performance and make recommendations accordingly.
• Oversee Accounts Payable, Accounts Receivable, Payroll, Financial and Management Accounting functions.
• Work with the Head of Product to suggest and implement best practice methods to increase product revenue and reduce costs.
• Lead credit facilities discussion and liaising with banks and other financial and non-financial institutions.
• Work with the Head of Capital to raise local currency credit facilities for the company’s subsidiaries.
• Work with the Head of Capital to drive and support the growth of the company’s loan portfolio.
• Provide support to the Executive Leadership Team with equity fundraising activities.
• Maintain an efficient system of policies that adequately control treasury activities.

Qualification and Experience

• Master's Degree in Business, Finance, Accounting, or equivalent experience.
• 5 to 10 years’ experience in accounting and financial management practices.
• Prior experience as a CFO / Head of Finance.
• Chartered Accountant (ICAN, ACCA, CPA).
• Experience in a senior management position.
• Proficiency in accounting software and IT savvy.
• Audit Experience is highly desirable.
• Credit and Debt Capital Management Experience.

Preferred Skills and Qualifications:

• Must possess adequate knowledge of financial planning, process improvement and strategy.
• A background in investment banking/private equity/Financial Technology would be highly advantageous.
• A strong record in managing and growing teams and managing profitability.
• Exemplary experience in understanding corporate financial law and risk management practices.
• Must be able to develop and defend a Budget.
• Excellent knowledge of data analysis and forecasting methods.
• Strong leadership, interpersonal, communication, and organisational skills.
• Good written, presentation and communication skills, able to prepare statistical and narrative reports.
• Able to work under broad direction but self-motivated to work independently.
• Has technical responsibility and is accountable for work performed and decisions taken.
• Must possess an ability to manage relationships at all levels.
• Results oriented and metrics driven.
• Ability to lead by example and demonstrate a strong sense of integrity, ethics and dependability.

Application Closing Date
20th May, 2023.