Head of Finance

Job Description

• Oversees the company's overall finance function.
• Develops/supervises the development of strong and effective business strategies and plans.
• Liaise with Bank on Transaction rates and foreign Translation rates.
• Prepares the company's annual budget and communicates approved performance targets to all stakeholders.
• Periodically assess the company's financial management needs and current capabilities; determines proactively gaps and develops plans to bridge/meet financial needs.
• Oversees the design and implementation of processes that provide business managers the necessary financial data to make decisions and monitor performance.
• Ensures the effective management of the company's financial resources.
• Monitors the company's operating performance and overall financial health using established corporate business performance metrics.
• Develop and implement daily, monthly, and quarterly cash forecasting models.
• Enforcing financial discipline/guidelines and controls across the company, and especially among management.
• Develops effective financial systems to facilitate management decision-making.
• Manage and comply with local, state, and federal government reporting requirements and tax filings.
• Present, and analyze financial reports, and recommend appropriate action to achieve corporate e objectives.
• Reconciliation of all credit transactions.
• Prepare of budget (expected income and expenditure) for the credit unit.
• Assessing returns and risk risks associated with credit schemes.
• Constant review of retail and corporate credit limits to ensure that risk exposure is under control.
• Daily monitoring and reporting of receivables to ensure that the company is not unduly exposed.
• Ensure that payments for all financed products are fully paid and reported.
• Monitoring and weekly reconciliation of credit transactions and ensuring that staff maintains KYC and credit rules.
• Resolve issues related to account discrepancies for the credit department.
• Develop and document business processes and accounting policies to maintain and strengthen internal control.
• Coordinate and assist with the preparation of the regulatory reporting including annual and periodic program review audits.

Requirements and Skills

• Bachelor's Degree in Accounting.
• Minimum of 8 years accounting-related experience or minimum of 4 years as a Finance Manager.
• Excellent in Microsoft Word, Excel, and PowerPoint
• Able to use accounting packages such as Banking software(bank One), ERP, (360 dynamics), Bespoke, Quick-books, Zoo-books, and Sage Evolution.