Head of Finance at Fincra

Role Overview

• This role is responsible for the development of a robust financial strategy and metrics that track the achievement of the overall corporate goals.
• The role holder is required to continuously monitor and develop control systems designed to produce accurate financial results and preserve the organisation’s assets.

What you will be doing everyday

Financial Management:

• Responsible for all financial and fiscal management aspects of company operations.
• Ensure that the company’s financing requirements are consistently met, and that capital structure is optimized at all points in time.
• Continuous review of the company’s performance, identify and appraise business risks/ opportunities and make appropriate recommendations for business growth and development.
• Effective management of the company’s balance sheet to achieve corporate goals.

Strategic Management:

• Develop, organize and evaluate the organisation’s fiscal function and performance.
• Articulate the organisation’s financial strategies and ensure alignment the company strategic priorities.
• Participate in the development of the organisation’s overall strategic goals.
• Champion the implementation of the Finance function’s strategy ensuring alignment with organisation’s corporate strategy and business goals.
• Oversee the preparation of the company’s annual budget and monitor its implementation.
• Develop credibility for the Finance function by providing timely and accurate analysis of budgets, financial reports and associated trends to assist Executive Management in performing their duties.

Information Management:

• Ensure all databases are updated with accurate information from internal and external sources to enhance the company’s competitiveness and business ranking.
• Establishes an appropriate management information system for collation, monitoring and reporting purposes.

Relationship Management:

• Develop and maximize business relationship with Bankers, Finance & General Purpose/Audit committees of the Board of Directors and regulatory officials.
• Ensures the company operates in accordance with all relevant laws, regulation and Accounting standards applicable to its operations.

Status Reporting:

• Regular preparation and reporting of the company’s financial position.
• Regular preparation and reporting of cash flow statement.

Cost Optimization:

• Monitor the company’s operating base costs and highlight factors impacting effective cost management towards achieving a low-cost business environment.
• Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential weak areas. Establish and maintain appropriate internal control safeguards. Support the Procurement of equipment and solutions.
• Supervise costing, management accounting, financial accounting and treasury activities.
• Control credit limits and approvals for customers.

Tax, Regulatory / Statutory Compliance:

• Develop effective tax planning strategies and oversee the filing of all tax returns.
• Ensure that the organization complies with all Tax regulations.

Investor Relations:

• Coordinate investor relations’ activities including preparation of communications such as presentations and press releases.

Cultural competencies (Company culture that we don’t negotiate with)

• Ownership, We are a team of individuals who are the CEO of their roles, and are able to consistently make excellent decisions independently, even in the face of ambiguity or uncertainty. Our people have the creative freedom to design solutions to problems and the responsibility to execute the right results, expecting the same of your teammates. The company strives to provide overall direction and expectations for each team and role, however, we value people who are able to lead and drive initiatives on their own, in line with the direction.
• Excellence, For us to achieve our very lofty goals as a company, we need to be able to produce best-in-class results, even in the minutest of tasks. We are first principle thinkers and we focus on solving problems from the root cause and not just the symptoms of the problem.
• People Skills, Our people are our greatest asset. They make up the company, the culture and their behaviour reflect what our values are. We immensely care about our people and we always make our best effort to see that our people love spending time with each other.
• Communication, We are a people that take feedback seriously and we don’t shy away from even the hard stuff.

Main Competencies

• Bachelor's Degree in Finance, Accounting or Business; CFA/ACCA/ICAN.
• 10-12 years financial management experience in a Fintech, Big 4 consulting or tier 1 commercial bank.
• Experience as a Financial Controller or a similar role in Start-up Company in Tech or Big 4 Consulting firm, with mastery of Cost Accounting Standards, pricing and managing cost-based proposals/contracts, Principles, and other procurement regulations.
• Experience in Fund-raising rounds pre-seed or Series.
• Ability to analyze financial data and prepare financial reports, statements, and projections.
• Working knowledge of short- and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
• Ability to motivate teams to produce quality materials within tight time frames and simultaneously manage several projects.