Head of Finance at SENCE Nigeria

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.