Head of Finance at THCO

The Head of Finance will be a high performing, professionally qualified individual with Senior Management experience who can lead the team's finance function and deliver its finance strategy, providing and continuously improving financial plans, systems, procedures and practices. This individual is a collaborative, dynamic finance professional, technically sound, commercially savvy and an advocate of business partnering.

This individual will build the Finance function to deliver exceptional finance services to the team. They will provide effective leadership encouragement and mentorship to the team so that it serves both internal and external stakeholders efficiently and effectively.

Key responsibilities:

Finance Control and Reporting

• Lead the Finance team to deliver timely, high quality finance support across the organization including ensuring:
• Provision of timely and accurate financial information, analysis, and insight across the global organisation, including income, expenditure, balance sheet, cash flow and budget holder information.
• Provision of high quality, customer-focused advice and support to budget managers and others with financial responsibilities within the team.
• Proper recording of, and accounting for, income and expenditure in compliance with the team's accounting policies and other regulations and statutory requirements.
• Review, development and provision of global financial management information, analysis, processes, and systems.
• Deliver efficient and effective financial processes and controls, including income processing purchase-to-pay, general ledger, fixed assets, payroll and multi-currency cash management.
• Manage the annual closing of accounts, year-end audit process and preparation of the statutory financial statements for the group including managing the relationship with the team's external auditors.
• To review all control accounts, reconciliations, provisions and write-offs to ensure that provisions and write offs have been correctly authorised. This includes agreeing all year-end intercompany balances.
• To review all prepayments (including accrued income) and accruals (including deferred income) to ensure they are complete and accurate.
• To establish and document all year-end journals and procedures to ensure no omissions.
• Be responsible for the team's day-to-day banking arrangements. This includes ensuring the effective management of the team's cash flows so that all entities have sufficient cash on hand to meet their requirements at all times.
• Work in partnership with the Senior Management Team to ensure effective income tracking and cost management, including grant applications and reporting, cost recovery and return on investment.
• To ensure the Finance team can service budget holders, senior management, trustees and donors with all reasonable requests in a timely manner (e.g. ad hoc reporting, or a request for a new credit card).
• Be responsible for ensuing financial regulatory returns and submissions are delivered within deadlines and manage all aspects of tax and PAYE compliance for the group in partnership with HR.

Change project

• Through rigorous interrogation and leadership complete the transformation of the team's finance function, establishing a team and a set of systems, processes and tools which are fit for purpose, accessible and trusted by the whole organisation, including:
• ensuring the team is the right size, composition and has the relevant skills to deliver against the organisational needs.
• ensuring Iris Financials (accounting software – previously called PS Financials) is set up, structured and working effectively for all staff
• ensuring processes are efficient, effective, robust and contain appropriate financial controls.
• Drive forward the development of financial controls, management systems and budgeting processes focusing on proactively supporting managers in budget preparation and control, understanding of reporting obligations, and monitoring and challenging of expenditure.
• Oversee the management and development of the finance systems controlled from the World Bureau and maximise value from system capabilities. Provide advice and support as required for other entities within the group in respect of the operation of their financial accounting systems as required, and ensure processes are in place to deliver timely and accurate consolidation of global results.

Leadership and Team Management

• Leadership, coaching and development of the Nigerian based Finance team. Support and coaching for Finance staff based overseas.
• Lead and develop the Finance team by providing coaching and training, clear objectives setting, and regular feedback, in line with the team's policies and procedures, to drive strong engagement and delivery.

Manage the work and the relationships with remote teams and outsourced third party suppliers in multiple countries to ensure compliance with the team's policies and procedures.