Head of Finance /Admin at Stresert Services Limited

Location: Magodo, Lagos

Directly reports to: C.O.O

Directly supervises: Account/Admin Officers, Treasury Officers

Job Purpose

• Ensure the organization\'s financial integrity and sustainability.
• Safeguard company assets and prevent financial leakages through strong internal controls.
• Maintain stable treasury operations and effective investment portfolio management.
• Ensure full compliance with tax, pension, and regulatory obligations.
• Deliver accurate and timely financial reporting to support strategic decision-making.
• Optimize cash flow through effective management of receivables and payables.
• Provide strategic financial advisory support to executive management.

Key Outputs

• Annual budget
• Monthly payrolls
• Monthly management accounts
• Cash flow forecast report
• Investment portfolio
• Treasury & liquidity position report
• Internal control review report
• Annual financial statements

Key responsibilities areas

• Safeguard the company’s financial integrity and prevent financial leakages by:
• Establishing and enforcing a robust internal control framework across treasury, receivables, payables, payroll, and reporting processes.
• Supervising periodic reconciliations and reviewing exception reports to ensure accounts remain balanced at all times.
• Directing internal audit reviews and ensuring corrective actions are implemented promptly.
• Approving financial transactions within delegated authority limits and enforcing segregation of duties across the team.
• Ensure disciplined budgetary control and financial performance management by:
• Overseeing receivables collection to ensure payments are received within agreed timelines.
• Managing payables scheduling to ensure vendors, partners, and statutory bodies are paid on time.
• Aligning inflows and outflows to prevent cash shortfalls.
• Raising payment instructions promptly to meet financial obligations.
• Ensure delivery of accurate, timely, and decision-ready financial reporting and documentation by:
• Directing the preparation of monthly management accounts and business performance reports.
• Reviewing financial statements, interpreting financial data, and presenting insights to support strategic decision-making.
• Enforcing real-time posting discipline within accounting systems.
• Establishing structured filing and documentation standards for financial and administrative records.
• Supervising proper retention of agreements, investment documents, invoices, receipts, and statutory records.
• Ensuring the organization remains audit-ready at all times.
• Safeguard and monitor company assets by:
• Maintaining oversight of the company’s asset register and periodic verification exercises.
• Reviewing asset utilization reports and investigating discrepancies.
• Ensuring adequate controls exist to prevent asset misappropriation.

Build a high performing team by:

• Supervising and setting performance standards for the Accounts and Admin team.
• Allocating responsibilities and ensuring accountability for deliverables.
• Reviewing work outputs to maintain accuracy and compliance standards.
• Providing coaching and strengthening financial discipline across the department.
• Provide strategic financial leadership to executive management by:
• Advising on funding strategies, capital structure, and investment decisions.
• Analyzing business trends, profitability drivers, and risk exposures.
• Supporting corporate planning with financial modelling and performance projections.
• Representing the finance function in executive discussions and decision forums.
• Drive the sustainability and growth of the company’s revenue and capital base by:
• Directing and supervising the monitoring of all client repayments and investment inflows.
• Ensuring reconciliations of repayment plans using Loan Disk and accounting systems are completed accurately and in a timely manner.
• Reviewing exposure risks and intervening where potential ROI or maturity defaults are identified.
• Holding the team accountable for timely investor notifications and settlement of obligations
• Ensure effective treasury and investment portfolio management by:
• Overseeing corporate and individual investment portfolios and monitoring maturity cycles.
• Approving rollover, settlement, or liquidation decisions in line with treasury strategy.
• Ensuring promissory notes and investment obligations are properly documented and tracked.
• Preserving investor confidence through disciplined treasury oversight.
• Ensure full statutory and regulatory compliance by:
• Establishing a compliance calendar covering all tax, pension, and regulatory obligations.
• Supervising the preparation and timely filing of WHT, PAYE, CIT, Directors’ Assessments, and other statutory returns.
• Reviewing and approving statutory remittances prior to submission.
• Representing the organization during regulatory inspections and external audits.
• Any other results/responsibilities/duties/tasks/job roles that may be assigned to you by management.
• Performance Standards
• Strategic financial advisory & funding oversight
• Departmental leadership
• Billing and invoicing
• Payment tracking and receivables management
• Financial reporting and reconciliation
• Sales support

Key interfaces

• Internal: Account Team, Risk and Credit Team, Sales Team
• External: Customers, Regulatory bodies

MINIMUM REQUIRED JOB SPECIFICATION

• Academic and Professional
• HND/Degree in Accounting, Economics, Finance, or any related discipline
• ICAN/ACCA certification.

Experience

• Minimum of 7-10 years of relevant experience with 2 years in a leadership role.

REQUIRED COMPETENCIES

• Organizational Competencies
• Adding Value, Dedication, Excellent Service, Professionalism, Transparency

Grade Category Competencies

• Report writing competence
• Effective communication
• People management skills
• Problem solving
• Financial management skills
• Leadership skills

Functional competencies

• Knowledge of Advanced finance
• Treasury & liquidity management skills
• Financial reporting & interpretation
• Budgeting & financial planning knowledge
• Regulatory & tax compliance management
• Revenue tracking
•  Risk assessment & mitigation