Head of Finance at Resource Intermediaries Limited

Job Objective

• Accountable for the financial operations of the company, including the development of a financial strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
• Prepare, develop and analyze key financial information to ensure that the organization's management makes well-informed decisions to ensure future stability, growth and profitability.
• Strategic assistance in formulating the company's future direction and supporting tactical initiatives
• Aiding managerial planning & commercial decision making by providing appropriate financial information promptly

Responsibilities

• Execute, manage and track all accounting functions for the company.
• Ensure that the financial statements are prepared in line with the relevant generally accepted accounting principles.
• Maintain a documented system of accounting policies and procedures.
• Maintain the general ledger accounts.
• Track the company's financial status and performance to identify areas for potential improvement.
• Manage budgets and report on variances.
• Undertake financial strategic analysis and assist management with strategic planning.
• Review the monthly bank reconciliation statements and bank transactions.
• Build strong banking relationships and ensure that appropriate compliance controls are in place.
• Manage account receivables and follow-up to ensure that payments are made within contractual timelines.
• Manage account payable and ensure compliance with payment terms without compromising cash flow.
• Manage the non-current assets and ensure that the fixed asset register is up to date.
• Ensure monthly reconciliation of all balance sheet accounts, preparation and maintenance of amortization and depreciation schedules.
• Prepare audit lead schedules for external audit exercise.
• Provide support to the statutory auditors and ensure that the audit is completed within stipulated time-frame.
• Administer month and year-end close processes.
• Ensure compliance with regulatory bodies, accounting and finance standards, and best practices.
• Ensure compliance with relevant tax legislatures including prompt monthly returns and tax filing.
• Provide reports to the executive management team, when required.
• Advise management on areas for cost reduction and engage in ongoing cost reduction analysis.
• Support other functions within the company including operations, IT, HR and general administration.
• Oversee the activities of direct reports and take responsibility for their performance.
• Keep up to date regarding sector’s rules, regulations, best practices, tools, techniques, and performance standards.
• Perform all other duties as required.

Qualifications

• First degree in Finance or Accounting from a reputable Institution.
• ACA, ACCA or CIA is compulsory.
• A master's degree is an added advantage.
• Minimum of 8 years relevant work experience, out of which 3 years must be at a leadership position.