Head of Finance at Kloverharris Limited

• we are seeking a highly qualified and experienced Head of Finance to join our executive leadership team. This role is pivotal to ensuring the organization’s financial integrity, operational efficiency, and strategic direction.

Job Purpose:

• Arranging intervention funds and loans at an optimal cost for the Group for operational continuity.
• 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.
• Managing and overseeing the company’s financial systems

Roles and Responsibilities:

• Lead the finance team and ensure the department runs effectively, efficiently, and in compliance with regulations and company policies.
• Liaise with the Transaction advisers, review all loan documents, provide necessary documentation, and prepare monthly interest reconciliation reports.
• Review the cash report and management accounts ahead of the monthly meetings and provide guidance where necessary
• Work with the different businesses/ companies within the Group in budget preparation and cash flow projections for banks and management action.
• Work with the HOAs (Heads of Accounts) on the month-end closure and postings, and prepare the funding plans to ascertain the working capital requirements for the business and then determine the financial need of the business
• Achieving companies’ short-term/medium-term and long-term objectives such as issuing CP/Bonds and taking the companies to IPO
• Monitor and provide funds for the day-to-day operations of the companies, such as payment for raw materials, Operational expenses, Salaries, etc.,
• Work with the different process owners to establish and maintain financial policies and procedures for the company.
• Create and maintain financial models and forecasts to guide decision-making and strategic planning.
• Track the company’s financial status and performance to identify areas for potential improvement
• Develop methods for minimizing financial risk to the company
• Develop, manage, and monitor the company's annual budget and provide regular reports on financial performance to senior management.
• Further discussions with banks for bank facilities, and renewal process.
• Analyse financial data to identify trends and recommend appropriate actions to optimize financial performance.
• Responsible for submission of Monthly Management Accounts with assistance from Head of Accounts
• Prepare financial reports for regulatory and tax compliance, including annual reports, and tax returns.
• Research and analyze financial reports and provide insightful information and expectations to senior executives to aid in long-term and short-term decision-making.
• Evaluate and implement financial policies and procedures to ensure that all financial operations are conducted in accordance with applicable laws and regulations.
• Work with external auditors to ensure that audits are completed accurately and timely.
• Lead corporate restructuring and implement as per agreed time plan and support the team and various segments on business automation of the process.
• Assess the current capital structure of the subsidiaries, and recommend the appropriate capital structure for the subsidiaries
• Manage inter-company Debts repayment and Controls.
• Collaborate with other members of the executive team to develop and implement strategies for growth and profitability.
• Manage relationships with external stakeholders such as banks, investors, and regulatory agencies.
• Provide financial guidance and support to the executive team and other departments as needed.
• Review financial data and prepare monthly and annual reports
• Establish and maintain financial policies and procedures for the company
• Participating in Budget preparation, preparing Cash flow projections for banks and for management.
• Lead and mentor the finance team and ensure the department runs effectively, efficiently, and in compliance with regulations and company policies.
• Managing and overseeing the company's banking and borrowing arrangements
• Perform Investment appraisal and analysis.
• 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

• BSc/HND in Finance, Accounting, Business Administration, Economics, or any other related discipline.
• 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 10-15 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.
• 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.
• Experience with ERP software, financial modeling, 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
• Expected Behavioral Competencies
• Resourcefulness
• Dependability
• Passion
• Integrity
• Promptness
• Accountability
• Image/brand representation of the company