Head Of Finance - Retail at Terawork

Role Overview

• We are seeking an experienced and strategic Head of Finance to lead financial operations, treasury management, reporting, budgeting, and financial governance across the business.
• The successful candidate will ensure financial accuracy, regulatory compliance, effective cash management, and provide insights to support business growth and decision-making.
• This role requires strong leadership capability, experience managing high-volume financial environments, and the ability to strengthen internal controls while driving operational efficiency.

Key Responsibilities
Financial Management & Reporting:

• Oversee preparation and accuracy of financial statements and management reports.
• Ensure timely weekly and monthly cash flow reporting.
• Lead monthly treasury and financial risk reporting processes.
• Monitor daily revenue performance and drive revenue assurance reconciliation activities.
• Prepare and present financial reports and business performance updates to executive leadership.

Treasury & Cash Flow Management:

• Manage treasury operations and optimize working capital.
• Maintain strong banking relationships and resolve banking-related issues.
• Monitor liquidity position and escalate emerging risks proactively.
• Ensure efficient debt management and cost of financing.

Budgeting, Forecasting & Financial Planning:

• Lead annual budgeting and forecasting cycles.
• Deliver financial analysis and business insights to support strategic decisions.
• Monitor operational and capital expenditure performance against budgets.

Controls, Compliance & Governance:

• Strengthen internal controls and ensure compliance with financial policies and procedures.
• Drive adherence to finance SOPs and continuously improve finance processes.
• Coordinate audit readiness and support internal and external audit activities.
• Ensure compliance with IFRS, tax regulations, and applicable financial standards.

Retail / Operational Finance Oversight:

• Monitor financial performance across operating locations.
• Oversee reconciliation and remittance processes.
• Drive issue resolution related to revenue collection and operational finance activities.
• Evaluate financial performance and recommend improvement actions.

Leadership & Stakeholder Management

• Lead and develop the finance team.
• Partner with business leaders to support commercial and operational objectives.
• Manage relationships with auditors, regulators, financial institutions, and external advisors.

Requirements
Education & Professional Qualifications:

• Bachelor’s Degree in Accounting, Finance, or a related field.
• Professional certification such as ICAN or ACCA is required.

Experience:

• Minimum of 10 years’ progressive finance and accounting experience.
• At least 4 years in a leadership role managing finance teams.
• Experience in retail, supermarket, FMCG, or other high-volume transaction environments.
• Experience coordinating external audits, including engagement with Big 4 firms, is an advantage.

Skills & Competencies:

• Strong financial reporting and treasury management expertise.
• Excellent understanding of IFRS, Nigerian tax regulations, and internal controls.
• Proficiency in ERP and accounting systems (QuickBooks experience is an advantage).
• Advanced Excel, analytical, and financial modelling skills.
• Strong leadership, stakeholder management, and communication skills.
• High attention to detail and ability to work in a fast-paced environment.