Lead, Finance Operations at Verstand Resources Limited

Verstand Resources Limited is a boutique professional services firm thatstrategically contributes to talent management in Nigeria by partnering with organizations to meet their human resource needs and providing career advisory services to young individuals. Registered with the Corporate Affairs Commission in November 2016, Verstand Resources has achieved tremendous results for its clients.

We are recruiting to fill the position below:

Job Title: Lead, Finance Operations

Location: Lagos Mainland, Lagos
Employment Type: Full-time
Client Sector: Distribution, Fast-Moving Consumer Goods (FMCG)

Job Objective(s)

• To oversee and optimize core finance operations including accounts payable, accounts receivable, treasury, payroll, and inventory accounting.
• The role ensures operational efficiency, compliance, and accurate financial processing and reporting to support business continuity and growth.

Key Responsibilities
Financial Operations Oversight:

• Supervise day-to-day finance operations including Accounts Payable, Accounts Receivables, Treasury, Payroll, and Inventory Accounting.
• Ensure timely and accurate processing of transactions and reconciliations.
• Monitor and improve operational workflows and internal controls.

Financial Reporting & Compliance:

• Oversee the preparation of monthly, quarterly, and annual financial statements in line with IFRS and local regulations
• Ensure timely submission of statutory filings and tax returns
• Coordinate external audits and manage relationships with auditors and tax authorities

Treasury & Cash Management:

• Manage daily cash flow, bank reconciliations, and liquidity planning.
• Coordinate payment runs and ensures optimal use of banking facilities.
• Support financing activities and maintain strong relationships with financial institutions.

Accounts Payable & Receivable Management:

• Oversee vendor invoice processing, payment scheduling, and supplier reconciliations.
• Monitor customer collections, credit limits, and aging analysis.
• Resolve disputes and ensure compliance with payment terms and credit policies.

Strategic Support & Business Partnering:

• Provide financial insights to support strategic initiatives and commercial decisions
• Partner with Sales, Operations, and Supply Chain to improve profitability and cost efficiency
• Support investment analysis and capital expenditure planning

Payroll & Statutory Compliance:

• Ensure accurate and timely payroll processing in line with statutory requirements.
• Coordinate tax filings, pension remittances, and other statutory deductions.
• Liaise with HR and external consultants on payroll audits and compliance.

Inventory & Cost Accounting:

• Collaborate with supply chain and warehouse teams to ensure accurate inventory valuation.
• Monitor stock movements, shrinkage, and cost allocations.
• Support month-end and year-end inventory reconciliations.

Process Improvement & Automation:

• Identify and implement process improvements to enhance efficiency and accuracy.
• Support ERP system upgrades and automation of routine finance tasks.
• Ensure data integrity and system controls across finance operations.

Reporting & Audit Support:

• Prepare operational finance reports and dashboards for management review.
• Support internal and external audits with documentation and reconciliations.
• Ensure compliance with internal policies and regulatory standards. Design and implement financial controls to safeguard company assets
• Conduct periodic reviews of financial processes and policies Identify financial risks and recommend mitigation strategies

Team Leadership & Development:

• Lead and mentor finance operations staff, fostering a high-performance culture.
• Conduct performance reviews, training, and succession planning.
• Promote collaboration and continuous improvement across the team.

Key Performance Indicators

• Quality & timeliness of reports
• Zero regulatory infraction
• SLA compliance levels
• Timeliness and accuracy of financial transactions
• Cash conversion cycle and working capital efficiency
• Invoice processing turnaround time
• Payroll accuracy and compliance rate
• Inventory reconciliation accuracy
• Audit readiness and number of exceptions
• Number of automated processes implemented
• Team performance and development
• Internal promotion rate
• Training hours per team member

Requirements
Professional Qualification/Certifications

• B.Sc./M.Sc. in Accounting, Finance, or related field with 7 - 10 years’ experience in finance operations, preferably in FMCG or Distribution
• Experience managing cross-functional finance teams
• ICAN/ACCA certification required.
• Strong knowledge of ERP systems and financial controls
• Must live within the Job proximity

Key Technical Skills/Requirements Soft Skills:

• Accounts Payable & Receivable Management
• Treasury & Cash Flow Management
• Payroll Processing & Statutory Compliance
• Inventory Accounting & Cost Control
• ERP Systems (e.g., SAP, Oracle, Dynamics)
• Financial Reconciliations & Reporting
• Internal Controls & Audit Support
• Leadership & People Management Attention to detail
• Problem solving Resilience and agility Integrity & confidentiality
• Business acumen and commercial orientation Data-driven decision-making
• Stakeholder engagement and influence
• Excellent communication, leadership, and analytical skills.

Salary
N500,000 / Month.

Application Closing Date
10th July, 2026.

How to Apply
Interested and qualified candidates should send their Applications to: hr@verstandresources.com using "Compliance Officer" as the subject of the email