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Lagos |
Posted 1 day ago |
Job Title: Head, Finance & Resource Management
Job Summary
- The HFR is responsible for overseeing the financial strategy, planning, and sustainability of the organization.
- This role ensures that the financial systems, policies, and processes are robust, compliant, and support the long-term financial health of the organization.
- The HFR will work closely with leadership to drive financial decision-making, risk management, and operational efficiency.
Principal Duties and Responsibilities
Financial Strategy & Planning:
- Develop and oversee the implementation of the organization’s financial strategy.
- Provide financial forecasting and long-term planning aligned with organizational goals.
- Lead budgeting processes, ensuring alignment with strategic priorities.
- Monitor financial performance, providing recommendations for improvement.
Financial Management & Risk Mitigation:
- Oversee cash flow management, ensuring liquidity and financial sustainability.
- Identify financial risks and develop mitigation strategies.
- Ensure strong internal controls to prevent fraud and financial mismanagement.
- Conduct financial scenario analyses and risk assessments.
Compliance, Audit & Governance:
- Ensure compliance with all regulatory and financial reporting requirements.
- Manage relationships with auditors, tax authorities, and other financial stakeholders.
- Ensure accurate and timely filing of tax returns, statutory reporting, and regulatory submissions.
- Maintain compliance with donor funding requirements and financial best practices.
Treasury, Investment, and Resource Mobilization:
- Oversee treasury operations, including liquidity planning, investment strategies, and financial asset management.
- Build relationships with financial institutions and advise leadership on long-term financial sustainability.
- Collaborate with fundraising consultants and external relations staff to provide budgets, financial data, and reporting inputs for proposals and grants.
- Ensure accurate tracking, allocation, and reporting of donor funds, including restricted and unrestricted income.
- Support donor compliance, financial due diligence, and risk assessments related to funding partnerships.
Team Leadership & Financial Oversight:
- Directly supervise the Accountant and other finance team members.
- Provide mentorship, training, and capacity-building for the finance team.
- Ensure financial policies and procedures are consistently implemented.
- Oversee payroll processing and ensure salary payments are accurate and timely.
Financial Reporting & Decision Support:
- Provide monthly, quarterly, and annual financial reports to the MD and Board.
- Generate insights from financial data to support strategic decision-making.
- Lead the preparation of donor financial reports and grant compliance tracking.
- Work with department heads to improve financial efficiency across the organization.
Asset Management & Procurement Oversight:
- Oversee procurement processes to ensure fairness, value for money, and transparency.
- Establish and maintain a pre-approved vendor list and procurement thresholds.
- Ensure compliance with procurement SOPs and financial controls.
- Approve purchase requisitions and liaise with operations and facilities on needs assessments.
- Supervise asset acquisition, tagging, deployment, and retirement.
- Ensure accurate and timely asset register updates and reconciliation with financial statements.
- Coordinate periodic physical audits of inventory and fixed assets.
- Advise leadership on asset replacement planning and capital budgeting.
Qualifications and Experience
- Bachelor’s or Master’s Degree in Finance, Accounting, Business Administration, or a related field.
- Professional certification (ICAN, ACCA, CPA) required.
- Minimum of 10 years of financial management experience, with at least 5 in leadership.
- Strong expertise in financial planning, compliance, risk management, and auditing.
- Experience with donor-funded projects, grant reporting, and financial sustainability strategies.
- Proficiency in financial management software (e.g., QuickBooks, SAP, Xero).
Remuneration
Very attrective.
Application Instructions:
The application deadline is on 15th June, 2025. Therefore qualified and interested candidates should send their updated Resume to: [email protected] using the Job Title as the subject of the email.
Note: Only qualified candidates will be contacted. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.
Website:
Official Job Website: https://westfield-consulting.com/blog/index.php/job-openings/jobs-careers/
Job Features
Job Category | Head of Finance |