Head of Finance

Responsibilities:

Strategic Financial Leadership & Planning:

• Lead long-term financial strategy, annual budgeting, forecasting, and resource allocation aligned with the agency's growth targets across corporate, diplomatic, and retail travel lines.
  
• Provide data-driven financial insights to the Board to support capital investments, technology adoption (GDS/booking engine integrations), and new branch expansions.
  
• Evaluate and model profitability across different business segments (e.g., flight ticketing, corporate travel management, visa consulting, luxury tours, and VIP charter services).

Treasury, FX & Cash Flow Management:

• Foreign Exchange Strategy: Develop robust hedging and liquidity management strategies to navigate volatile FX markets, parallel market rates, and official central bank (CBN) windows for international airline ticketing and supplier settlements.
  
• Working Capital Control: Manage daily liquidity to ensure seamless settlements through the IATA Billing and Settlement Plan (BSP) and avoid ticketing suspensions.
  
• Maintain strategic relationships with commercial banks, non-bank financial institutions, and FX liquidity providers in Nigeria.

Credit Control & Revenue Assurance:

• Establish and enforce strict credit policies for corporate clients, embassies, and government ministries, departments, and agencies (MDAs) in Abuja to minimize bad debt exposure.
  
• Oversee credit evaluation processes and negotiate favorable payment terms with high-volume corporate clients while keeping DSO (Days Sales Outstanding) low.
  
• Oversee commission reconciliations with Global Distribution Systems (GDS like Amadeus, Sabre), airlines, hotels, and consolidated travel partners to prevent revenue leakage.

Regulatory Compliance, Tax & Governance:

• Ensure full compliance with Nigerian tax laws (FIRS and FCT-IRS), including timely remittance of Withholding Tax (WHT), Value Added Tax (VAT), Companies Income Tax (CIT), and employee PAYE.
  
• Stay current on new tax legislation and regulatory adjustments affecting service industries and foreign travel transactions in Nigeria.
  
• Ensure corporate governance standards are met, working closely with external auditors for seamless year-end financial audits.

Financial Reporting & Internal Controls:

• Deliver accurate and timely monthly, quarterly, and annual financial statements according to International Financial Reporting Standards (IFRS).
  
• Implement robust internal control systems to safeguard company assets and prevent fraud in high-volume, multi-currency transaction environments.
  
• Monitor key performance indicators (KPIs) such as gross margin per ticket, customer acquisition cost (CAC) vs. LTV, and operating cash flow ratios.

Requirements:

• Bachelor’s degree in accounting, finance, economics, or a related field.
• A master's degree (MBA, MSc in Finance, or Data Analytics) is a strong advantage.
  
• Professional Certification: Mandatory professional accounting qualification (ICAN or ACCA).
  
• Minimum of 5-7 years of progressive financial leadership experience, with at least 3–5 years in a senior financial management or head finance role
  
• Direct experience in the travel, aviation, hospitality, or logistics sectors is strongly preferred (familiarity with IATA BSP settlement structures, GDS commissions, and multi-currency accounting)

Skills & Competencies:

• Advanced financial modelling, valuation, and capital management skills.
  
• Deep understanding of Nigerian macroeconomic factors, CBN monetary policies, and local tax structures.
  
• Proven track record of managing credit risk with public sector entities and corporate institutions.
  
• Proficiency in ERP software (e.g., SAP, Oracle, Microsoft Dynamics) and travel-specific accounting systems.

Location: Abuja, FCT Abuja residents only  

Remuneration: NGN 1,000,000 Monthly