Head of Finance needed at The People Practice

Job title : Head of Finance

Job Location : Lagos

Deadline : June 12, 2024

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Our client is looking to hire a Head of Finance who will be responsible for overseeing all aspects of the company’s financial operations. He or she will be expected to drive profitable growth and achieve long-term financial stability.

 Responsibilities

Financial Leadership:

  • Develop and implement long-term financial strategies aligned with the company’s overall objectives.
  • Oversee the preparation of annual budgets, financial forecasts, and cash flow projections.
  • Analyze financial performance, identify trends and risks, and provide strategic recommendations to the MD/CEO and leadership team.
  • Ensure adherence to accounting principles (IFRS) and maintain strong internal controls.

Treasury Management:

  • Manage the company’s cash flow, ensuring sufficient liquidity to meet operational needs.
  • Develop and implement strategies to manage risk associated with foreign currency fluctuations and interest rates.
  • Secure financing for growth initiatives and capital expenditures through relationships with banks and other financial institutions.

Financial Planning & Analysis (FP&A):

  • Provide financial analysis and insights to support business development, project evaluation, and strategic decision-making.
  • Develop and implement performance metrics to track progress towards financial goals.
  • Work closely with the Business Development and Contract Management departments to assess the financial viability of new projects.

Financial Reporting & Compliance:

  • Oversee the accuracy and timeliness of financial reporting, ensuring compliance with all regulatory requirements.
  • Manage the external audit process and maintain strong relationships with external auditors.
  • Develop and implement strategies to minimize tax liabilities.

Team Leadership:

  • Provide strategic direction and leadership to the financial planning & budgeting officer, and accountant.
  • Foster a culture of professionalism, accuracy, and continuous improvement within the finance department.
  • Develop and mentor the finance team, ensuring a strong talent pipeline for the future.

Qualifications

  • Chartered Accountant or equivalent professional designation (ACA/ACCA, ACS, ACTI, CFA).
  • Minimum of 10 years cognate experience (at least 5 of this must be in a senior financial leadership role within the oil and gas services or a similar industry).
  • Proven track record of success in developing and implementing financial strategies that drive growth and profitability.
  • Experience with financial reporting, modelling, forecasting, controls, and risk management practices.
  • Strong understanding of IFRS accounting principles, financial reporting standards, and regulatory requirements.
  • Proficiency in relevant industry software applications (e.g., account management, modelling, and budgeting tools).
  • Strong understanding of financial risk management practices.
  • Ability to identify, assess, and mitigate financial risks.
  • Knowledge of enterprise resource planning (ERP) systems and financial reporting software.
  • Strong financial literacy and understanding of cost analysis.
  • Extensive Capital allocation and management experience 

Must have skills

  • Must have excellent communication, interpersonal, and presentation skills.
  • Must poses strong decision-making and problem-solving skills.
  • Ability to collaborate effectively with other departments and senior leaders.
  • Proven ability to lead and motivate cross-functional teams.
  • Must have the ability to translate business objectives into actionable plans.
  • A strong etiquette of confidentiality
  • Must have excellent negotiation skills to deal with banks, lenders, and other external stakeholders.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

  • Accounting / Financial Services  jobs
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