Group Head Finance and Strategy

Responsibilities:

• Responsible for creating and delivering the growth strategy for the business with full P&L accountability.
• Responsible for general management of the business unit and provides guidance to managers and other leadership colleagues as well as motivation to all staff within the unit.
• Supervise and assign duties to company subordinates.
• Operate a client-responsive organization and be the point elevation person for clients when required.
• Oversee the store, and account admin to ensure proper accountability, etc.
• Direct the planning and coordination of a Group including facility expansion and equipment modifications to support future business growth and compliance.
• Leads the budget process and accounting, booking keeping of stock
• Preparation and presentation of Monthly, Quarterly, and Yearly Group financial statements.
• Preparation of Financial forecasts and Budgets for the Group (Production budget, financial budget, cash budgets, etc.
• Set and enforce realistic targets for each subsidiary Company in the Group.
• Preparation of standard and acceptable Standard Level Agreements (SLA) that support transfer pricing policies between the companies within the Group.
• Overseeing daily accounting and finance functions of all the subsidiaries within the Group.
• Prepare and report Weekly Group liquidity updates.
• Prepare and report Weekly Group financial obligation updates.
• Maintaining a strong corporate relationship with financial institutions.
• Develop a low-risk investment framework for investment application of excess liquidity for relevant value creation.
• Carry out all treasury functions for the Group.
• Providing all relevant financial advice for all projects within the Group.
• Review from time to time all account and finance functions for all the Accounts staff in all the subsidiaries.
• Liaise with the subsidiary's External Auditors, Account Consultants, Tax consultants, etc.
• Draw up an Audit exercise calendar for each of the subsidiaries.
• Review and implement group projects as well as secure low-cost funds for the execution.
• Prepare a bankable feasibility report that will assist the Group or any of its subsidiaries in obtaining funding from the banks, CBN, International donor agencies, foreign investors, AFDB, and Federal government intervention funds.
• Develop a business plan for the Group business.
• Develop internal and external training modules and program calendars with their budget for the finance and account staff of the Group and Subsidiaries.
• Constantly reviewing all account package use in the account operation of the subsidiaries.
• Analyze and prepare monthly, quarterly, and yearly performance reports for the board and board committees.
• Any other financial duty that will be assigned from time to time by the Management.
• Ensuring all statutory renditions within the group are remitted in line with the statutory deadline. (VAT, PAYE, PENSION, WHT).
• Corporate filing/submission of all financial returns with the group. (FIRS, LIRS, CBN, CAC, etc.)
• Attending to all tax-related issues with the relevant statutory bodies.
• Attending to all audit management letters.
• Providing audited accounts of all the subsidiaries to the Legal department for filling with the CAC.
• Drawing up audit exercise programs for the group.
• Monitor and update financial infrastructure to keep pace with changing needs, such as compliance issues, reporting requirements, tax, and accounting issues, insurance requirements, etc.
• Any other Statutory duties that will be assigned from time to time by the Management
• Implementation of controls within the Group.
• Monitoring of all implementation controls.
• Scrutinizing all payment documentation before final approval.
• Monthly group tax compliance updates.
• Make sure all bank charges are in line with the agreed rate.
• Constantly review the Group finances in line with relevant standards.
• Implementing and monitoring weekly cash check schedules for supervisors and managers.
• Ensuring compliance with professional accounting standards, rules, regulations, and laws by directing, supervising, and facilitating the preparation and maintenance of required and appropriate financial records, monthly and annual financial reports, and all other financial reporting as may be required by federal, state, local agencies, or established accounting standards.
• Any other Compliance duties that will be assigned from time to time by the Management.
• Plan and coordinate administrative procedures and systems and devise ways to streamline processes.
• Assess staff performance and provide coaching and guidance to ensure maximum efficiency.
• Ensure strict compliance with the Staff Handbook.
• Ensure the smooth and adequate flow of information within the company to facilitate other business operations.
• Ensure the smooth running of tools and equipment.
• Monitor inventory of office supplies and the purchasing of new materials with attention to budgetary constraints.
• Monitor costs and expenses to assist in budget preparation.
• Oversee facilities services, maintenance activities, and tradespersons (e.g. electricians).
• Organize and supervise other office activities (recycling, renovations, event planning, etc.).
• Ensure operations adhere to policies and regulations.
• Keep abreast with all organizational changes and business developments.
• Enforce and manage the procurement function of the company.
• Any other Administrative duties that will be assigned from time to time by the Management.

Requirements:

• Minimum academic qualification of BSc in Accounting 
• Minimum of 15 years of work experience 
• Excellent interpersonal and people skills
• Proficiency in using collaboration and productivity tools