Head of Finance at IT Horizons Limited

Job Summary

• To achieve cost-effective utilisation of ITH Holdings, its subsidiaries and related entities, financial resources, through the definition of financial standards, policies and procedures.
• As the Chief Financial Officer, of ITH Holdings, its subsidiaries and related entities, you will oversee the finance team in ensuring accurate and timely financial reports of all the subsidiaries for informed decision making by the management/stakeholders, Treasury Management, Investment, Funding and Investors Engagement.
• You are expected to familiarize yourself with the current accounting software/module in use by the company and explore for improved reporting system.
• You are required to ensure that the team operates optimally in executing their obligations to the various Business Units.

Job Responsibilities

• Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations.
• Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget.
• Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors or lending institutions and ITH Holdings management on a periodic and /or ad-hoc basis.
• Raise funds as approved by the Board of Directors to finance IT Horizons’ activities.
• Implement a sound accounting framework in compliance with statutory provisions.
• Develop and implement a robust and reliable financial reporting system in compliance with statutory requirements and ensure that adequate controls are in place to facilitate a seamless payment system.
• Engages Executive Management and the appropriate Board Committee to develop short, medium, and long-term financial plans and projections.
• Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations.
• Develop and maintain a system of appropriate financial policies, procedures and controls to ensure efficient financial management.
• Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget.
• Oversees the preparation and communication of timely, accurate, and useful financial and management reports and statutory reporting process and management account for investors or lending institutions and ITH Holdings, Its subsidiaries and related entities management on a periodic and /or ad-hoc basis.
• Ensures that adequate measures or controls are in place to facilitate a seamless payment system and to ensure that all financial transactions are accurately captured and reported.
• Approve accruals and adjustments on erroneously posted financial transactions into the financial system.
• Liaise with statutory auditors to discuss and resolve queries as they arise to ensure seamless audit exercise.
• Develop and manage relationships with relevant external bodies e.g. regulatory organizations, auditors, solicitors, banks etc.
• Manage IT Horizons’ treasury assets to achieve optimal sourcing, application and growth of funds.
• Provide technical training, guidance and advise on financial accounting issues, developments and trends to other business or departmental heads.
• Manage day-to-day accounting transactions and provide leadership to company’s Finance Department.
• Review weekly financial reports submitted by relevant departments or units and presents timely reports to the CEO/ Board of Directors.
• Perform other duties that may be assigned.
• Note Your job description may be reviewed from time to time so as to suit the organization strategic goal.

Requirements

• Candidates should possess B.Sc Degrees with 6 - 10 years relevant work experience.