Head of Finance & Treasury

Responsibilities:

Financial Strategy & Planning

• Develop and implement the company’s financial strategy in line with business and investment objectives.
• Prepare annual budgets, financial forecasts and cash-flow projections.
• Provide financial analysis and recommendations to the MD/CEO and Board to support investment and business decisions.
• Monitor financial performance against budgets and recommend corrective actions.

Treasury & Cash Management

• Manage the company’s cash position, liquidity and working capital.
• Monitor daily cash balances, inflows, outflows and funding requirements.
• Develop and maintain cash-flow forecasts to ensure adequate liquidity.
• Oversee bank accounts, transfers, payments and other treasury transactions.
• Manage relationships with banks, financial institutions and other funding partners.
• Optimise idle cash while ensuring funds remain available for operational and investment needs.

Investment & Portfolio Finance

• Support the financial evaluation and structuring of investment opportunities.
  
• Conduct financial analysis, investment appraisals, scenario analysis and returns assessment.
  
• Monitor the financial performance of investments and portfolio companies.
  
• Track investment income, interest, dividends, maturities and expected returns.
  
• Support due diligence on prospective investments and financial transactions.

Financial Reporting & Management Information

• Prepare accurate monthly, quarterly and annual financial reports.
• Produce management accounts, cash-flow reports, variance analyses and financial dashboards.
• Present financial performance and treasury updates to senior management and the Board.
• Ensure financial information is timely, accurate and useful for decision-making.

Financial Controls & Risk Management

• Establish and maintain strong financial and treasury controls.
• Monitor financial, liquidity, market, credit and investment risks.
• Ensure appropriate approval limits and segregation of duties are maintained.
• Identify financial control weaknesses and implement corrective measures.
• Monitor exposure to foreign exchange, interest-rate and other relevant financial risks.

Accounting & Compliance Oversight

• Oversee accounting operations, reconciliations, payables, receivables and general ledger activities.
• Ensure compliance with applicable financial reporting standards, tax regulations and regulatory requirements.
• Coordinate annual audits and provide required financial information to auditors.
• Liaise with tax advisers, auditors, regulators and other external stakeholders where required.

Budget & Cost Management

• Lead the annual budgeting process across the organisation.
• Monitor expenditure against approved budgets.
• Analyse significant variances and recommend cost-control measures.
• Ensure expenditure is properly authorised and supported by appropriate documentation.

Banking & Financial Relationships

• Maintain strong relationships with commercial banks, investment banks, fund managers and other financial institutions.
• Negotiate banking terms, interest rates, transaction fees and other financial arrangements where appropriate.
• Review financing options and advise management on optimal funding structures.

Team Leadership

• Lead and supervise the Finance and Treasury team.
• Set performance objectives and monitor team deliverables.
• Develop staff capability through coaching, training and performance management.
• Ensure finance processes are properly documented and consistently followed.
• didate is not expected to provide financial, legal or regulatory advice, but should be sufficiently commercially literate to understand discussions and identify matters requiring specialist input.

Requirements:

• BSc/HND in Accounting, Finance, Economics or related disciplines.
• ACA/ACCA or equivalent professional qualification strongly preferred.
• Ideally 5 years of relevant experience, with meaningful experience in a bank, MFB or regulated financial institution.
• At least 3–5 years in a finance/treasury leadership or senior-management role.
• Strong understanding of CBN/NDIC reporting, IFRS, taxation, treasury and liquidity management.
• Experience with core banking systems and strong Excel/data-analysis capability.
• Exposure to non-interest banking/Islamic finance is highly desirable.
• Strong integrity, attention to detail and ability to challenge management constructively.
• High level of discretion, integrity and confidentiality.