Jobs

Head of Finance at Kloverharris Limited

  • Job Type Full Time
  • Qualification BA/BSc/HND
  • Experience 10 – 15 years
  • Location Lagos
  • Job Field Finance / Accounting / Audit&nbsp

Head of Finance at Kloverharris Limited

Head of Finance

  • we are seeking a highly qualified and experienced Head of Finance to join our executive leadership team. This role is pivotal to ensuring the organization’s financial integrity, operational efficiency, and strategic direction.

Job Purpose:

  • Arranging intervention funds and loans at an optimal cost for the Group for operational continuity.
  • Provide financial guidance and strategic support to the company’s executive team.
  • Lead financial planning and analysis efforts, budget management, and financial reporting.
  • Ensure the company’s financial operations comply with all applicable laws and regulations.
  • Keep the management abreast of matters affecting the financial status of the company.
  • Managing and overseeing the company’s financial systems

Roles and Responsibilities:

  • Lead the finance team and ensure the department runs effectively, efficiently, and in compliance with regulations and company policies.
  • Liaise with the Transaction advisers, review all loan documents, provide necessary documentation, and prepare monthly interest reconciliation reports.
  • Review the cash report and management accounts ahead of the monthly meetings and provide guidance where necessary
  • Work with the different businesses/ companies within the Group in budget preparation and cash flow projections for banks and management action.
  • Work with the HOAs (Heads of Accounts) on the month-end closure and postings, and prepare the funding plans to ascertain the working capital requirements for the business and then determine the financial need of the business
  • Achieving companies’ short-term/medium-term and long-term objectives such as issuing CP/Bonds and taking the companies to IPO
  • Monitor and provide funds for the day-to-day operations of the companies, such as payment for raw materials, Operational expenses, Salaries, etc.,
  • Work with the different process owners to establish and maintain financial policies and procedures for the company.
  • Create and maintain financial models and forecasts to guide decision-making and strategic planning.
  • Track the company’s financial status and performance to identify areas for potential improvement
  • Develop methods for minimizing financial risk to the company
  • Develop, manage, and monitor the company’s annual budget and provide regular reports on financial performance to senior management.
  • Further discussions with banks for bank facilities, and renewal process.
  • Analyse financial data to identify trends and recommend appropriate actions to optimize financial performance.
  • Responsible for submission of Monthly Management Accounts with assistance from Head of Accounts
  • Prepare financial reports for regulatory and tax compliance, including annual reports, and tax returns.
  • Research and analyze financial reports and provide insightful information and expectations to senior executives to aid in long-term and short-term decision-making.
  • Evaluate and implement financial policies and procedures to ensure that all financial operations are conducted in accordance with applicable laws and regulations.
  • Work with external auditors to ensure that audits are completed accurately and timely.
  • Lead corporate restructuring and implement as per agreed time plan and support the team and various segments on business automation of the process.
  • Assess the current capital structure of the subsidiaries, and recommend the appropriate capital structure for the subsidiaries
  • Manage inter-company Debts repayment and Controls.
  • Collaborate with other members of the executive team to develop and implement strategies for growth and profitability.
  • Manage relationships with external stakeholders such as banks, investors, and regulatory agencies.
  • Provide financial guidance and support to the executive team and other departments as needed.
  • Review financial data and prepare monthly and annual reports
  • Establish and maintain financial policies and procedures for the company
  • Participating in Budget preparation, preparing Cash flow projections for banks and for management.
  • Lead and mentor the finance team and ensure the department runs effectively, efficiently, and in compliance with regulations and company policies.
  • Managing and overseeing the company’s banking and borrowing arrangements
  • Perform Investment appraisal and analysis.
  • Ensure the business has a solid risk framework in place.
  • Overseeing commercial decision-making from tender analysis, margin analysis, pricing analysis, etc
  • Advising and implementing best practice methods to increase revenue and reduce costs

Education Qualification

  • BSc/HND in Finance, Accounting, Business Administration, Economics, or any other related discipline.
  • Professional Certification
  • Chartered accountant (ACA or ACCA)
  • Chartered Financial Analyst (CFA)
  • Certified Investment Management Analyst (CIMA)
  • Accredited in Business Valuation (ABV)

Required Years of Experience

  • Minimum of 10-15 years of relevant experience in financial management
  • Required Skills and Competencies:
  • Good understanding of trends, challenges, opportunities, regulations, and legislations relating to the Agro-allied industry.
  • Advanced financial and accounting knowledge, including an understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
  • Proven experience in strategic financial planning and analysis.
  • Very sound business acumen – financial and commercial knowledge.
  • Strong understanding of financial principles, including financial planning, analysis and reporting, budget management, and accounting.
  • Experience with ERP software, financial modeling, and forecasting.
  • Excellent communication, interpersonal, and leadership skills.
  • Ability to work in a fast-paced environment and manage multiple priorities.
  • Strong analytical and problem-solving skills.
  • Ability to work independently and as part of a team.
  • People and time management
  • Report writing and presentation
  • Protection of Confidential Information
  • Excellent relationship management skills
  • Expected Behavioral Competencies
  • Resourcefulness
  • Dependability
  • Passion
  • Integrity
  • Promptness
  • Accountability
  • Image/brand representation of the company

Method of Application

Interested and qualified candidates should send their CV to: recruiment@kloverharris.com 

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