GM, Finance & Account at Kloverharris Limited

We are seeking a highly skilled General Manager with a strong background in agriculture and banking or financial management to oversee our business operations, ensure fiscal health, and lead strategic growth initiatives.

Job Purpose:

• Increase shareholders value by optimizing financing structures and costs, instituting, and maintaining prudent and professional management of all projects, financial and currency risks, liquidity, cost, earnings, and cash availability.
• Have overall responsibility for the short- and long-term funding of the Business and advise the management and relevant board committees on the best funding options that will ensure high value and ongoing concern for the company and shareholders.
• Responsible for the Management and controlling the organisation’s Financial Planning, budgeting, forecasting, reporting and analysis.
• Provide accurate, timely financial & business information including statutory requirements, which generate insights into company performance for the delivery of boards approved Targets.

Roles and Responsibilities:

Tactical

• Lead a formidable Finance and Accounts department that is of international standard and supports the short- and long-term goals of the company and the Shareholders.
• Maintain external relationships and networks that increase the image, standing and effectiveness of the organization i.e. with local banks, financial institutions, and government agencies to ensure long term financial viability,
• Direct the development and implementation of strategies that meet the company’s financing needs while supporting the achievement of financial objectives, including minimization of financing expenses.
• Direct and oversee the various activities related to the management of corporate cash, borrowings, mergers and acquisitions, private equity and investments, joint venture partnerships, and maintenance of banking relationships
• Oversee the evaluation of business scenarios based on quantitative analysis, and provide strategic financial analysis and advisory services on industry trends, market conditions, and macroeconomic trends and forecasts.
• Research current trends in corporate financing and develop tools to evaluate business case projections.
• Maintain relationships with financial institutions and other service providers such as investment banks, stock Exchanges, and accounting firms as required.
• Provide leadership and strategic direction in the execution of the division's work plans and programs while ensuring compliance with government regulations and company policies.
• Develop, manage, and monitor the company's annual budget and provide regular reports on financial performance to senior management.
• Evolve and implement cost management strategies to monitor and control costs enterprise wide.
• Oversee tax administration (planning and compliance) companywide.
• Analyse financial data to identify trends and recommend appropriate actions to optimize financial performance.
• Prepare financial reports for regulatory and tax compliance, including annual reports, and tax returns.
• Provide direction to the company (and all levels of management) on the funding and project financing for the strategic initiatives of the company.
• Evaluate and implement financial policies and procedures to ensure that all financial operations are conducted in accordance with applicable laws and regulations.
• Collaborate with other members of the executive team to develop and implement strategies for growth and profitability.
• Lead the negotiation of third-party financing and effectively manage the covenants and reporting requirements thereof that are attached to these financing activities – such as bank loans, export credits, FDI etc.
• Maintain continuous lines of communication, keeping top management informed of all critical financial issues.
• Consolidating, updating, and creating new metrics and statistics to monitor the drivers of revenue growth and profitability.
• Provide financial guidance and support to the executive team and other departments as needed.
• Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
• Manage and oversee the company's banking and borrowing arrangements, while performing investment appraisal and analysis.
• Monitor financial performance by measuring and analyzing results; initiating corrective actions; and minimizing the impact of variances.
• Evaluate and manage the capital structure to support the long-term growth of the business.
• Develop and maintain a financial management system that effectively monitors actual results vs target.
• Constantly drive for improved visibility into the financial performance via insightful management reporting and analysis.
• Provide financial guidance and strategic support to the company's executive team.
• Lead financial planning and analysis efforts, budget management, and financial reporting.
• Ensure the company's financial operations comply with all applicable laws and regulations.
• Keep the management abreast of matters affecting the financial status of the company.

Operational

• Work with all levels of management to gather, analyse, summarize, and prepare recommendations regarding financial plans, new business plans, future business expansion/consolidation, government requirements and operating forecasts.
• Support the development and maintenance of system projects to manage cash flow and liquidity on an on-going basis.
• Oversee the Management of balance sheet/financial structure to meet international efficiency norms.
• Responsible for the formulation of the annual budget and periodic forecasts for business planning and control purposes.
• Authorize expenditure/transactions in line with the organization’s approved authority limits.
• Responsible for monthly, mid-year and annual reports and presented to Board and management team as at when due.
• Manage the interface between the company and regulators to ensure the organization’s financial interest is protected.
• Interact with all departments and stakeholders to ensure completeness of financial analysis and investment appraisals.
• Responsible for financial modelling, analysis, and recommendations for special projects.
• Lead the development of quantitative tax modelling in support of tax strategies, reflecting recent Nigeria tax reform.
• Analyse monthly results regarding performance vs budget, forecast, and prior periods.
• Ensure the business has a solid risk framework in place.
• Overseeing commercial decision-making from tender analysis, margin analysis, pricing analysis etc
• Advising and implementing best practice methods to increase revenue and reduce costs.

Education Qualification

• B.Sc./HND in Finance, Accounting, Business Administration, Economics, or any other related discipline.
• Post graduate degree M.Sc./MBA
• Commercial Banking Experience is required.
• Experience in any of the Top Four (4) accounting and professional services company will be an added advantage.

Professional Certification

• Chartered accountant (ACA or ACCA)
• Chartered Financial Analyst (CFA
• Certified Investment Management Analyst (CIMA)
• Accredited in Business Valuation (ABV)

Required Years of Experience

• Minimum of 15-20 years of relevant experience in financial management

Required Skills and Competencies:

• Good understanding of trends, challenges, opportunities, regulations, and legislations relating to the Agro-allied industry.
• Advanced financial and accounting knowledge, including an understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
• Financial Planning, Modelling and Business valuations.
• Due diligence, Business restructuring, mergers, and acquisitions.
• Proven experience in strategic financial planning and analysis.
• Very sound business acumen – financial and commercial knowledge.
• Strong understanding of financial principles, including financial planning, analysis and reporting, budget management, and accounting.
• Financial Accounting/ Reporting
• Budgeting and control techniques
• Project Accounting and Investment appraisal
• Experience with ERP software, financial modelling, and forecasting.
• Excellent communication, interpersonal, and leadership skills.
• Ability to work in a fast-paced environment and manage multiple priorities.
• Strong analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• People and time management
• Report writing and presentation.
• Protection of Confidential Information
• Excellent relationship management skills
• Leadership and People Management
• Negotiation and Conflict Resolution
• Judgment and Creative Problem Solving

Expected Behavioral Competencies

• Resourcefulness
• Dependability
• Passion
• Integrity
• Promptness
• Accountability
• Image/brand representation of the company