Head, Finance & Account at Maurice Xandra Solutions

REPORTS TO:  CFO

DEPARTMENT: Finance & Accounts

SUMMARY

Our client is a manufacturing company based in Nnewi, Anambra State, seeking to hire a Head of Finance & Accounts to lead the finance and accounting function. The role involves ensuring the integrity of financial data, optimizing manufacturing costs, and maintaining strong financial controls, while converting complex factory operations into accurate financial insights that drive profitability and support strategic decision-making.

LOCATION: Nnewi, Anambra State.

RESPONSIBILITIES

• Direct the preparation of timely and accurate monthly, quarterly, and annual financial statements in accordance with IFRS.
• Manage the Month-End and Year-End closing processes, ensuring all reconciliations are completed within the corporate calendar.
• Serve as the liaison for internal and external auditors to ensure clean audit reports.
• Oversee costing systems, ensuring accurate valuation of Raw Materials, Work-in-Progress (WIP), and Finished Goods.
• Analyze Production Variances (material, labor, and overhead) and collaborate with Plant Managers to implement corrective actions.
• Implement and monitor robust Inventory Control procedures, including cycle counts and annual physical verification.
• Optimize the Cash Conversion Cycle by streamlining Accounts Receivable (collections) and Accounts Payable (vendor terms).
• Prepare detailed weekly and monthly Cash Flow Forecasts to ensure adequate liquidity for operational needs and capital expenditure (CAPEX).
• Monitor credit risk and approve credit limits for major distributors and institutional clients.
• Lead the annual Budgeting and Forecasting process across all manufacturing departments.
• Perform Break-even Analysis and Margin Analysis by product line to identify low-margin items for phase-out or price adjustment.
• Evaluate the financial viability of proposed capital investments (e.g., new machinery).
• Ensure 100% compliance with all statutory requirements, including VAT, Corporate Tax.
• Manage the departments internal control framework to prevent fraud and financial leakage.
• Oversee Fixed Asset Management, ensuring all factory equipment is properly tagged, insured, and depreciated.

PREFERRED QUALIFICATION AND SKILLS/BACKGROUND

• Bachelor’s degree/HND in Finance, Accounting, Economics.
• Masters degree (MBA or MSc in Finance/Accounting) is an added advantage.
• Certification in Association of chartered certified accountants (ACCA)
• Strong academic background in corporate finance, investment, and strategic management.
• At least 3-5 years of progressive experience in finance, accounting, or corporate strategy, with at least 1 year in a leadership role.
• Proven track record in financial planning, risk management, capital raising, and stakeholder engagement.
• Experience in managing large teams and complex financial operations.
• Deep knowledge of financial management, accounting standards, and regulatory compliance.
• Strong leadership, strategic thinking, and decision-making skills.
• Excellent communication and negotiation abilities to engage with investors, boards, and regulators.
• Proficiency in financial systems, ERP software, and data analytics tools.
• Ability to balance risk management with growth opportunities.
• Certification in Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), Chartered Accountant (CA), Chartered Institute of Management Accountants (CIMA), is an added advantage.