Head of Finance at Spurt Solutions

Spurt! is a dynamic consortium of professionals keen to collaborate with African entrepreneurs to build more efficient, more productive, and strategic businesses. Our practice is focused on deployments of technology, human-centered design thinking, and data analytics for business growth and expansion. Spurt! was founded to develop local companies into regional and global giants.

Local companies struggle to scale due to bureaucracy, inaccessible financing, organizational challenges, and sub-Saharan Africa’s geopolitical conditions. Our objective is to help build large local companies with sufficient scale and capacity to add value locally and regionally. We provide Strategic Advisory, Research & Analytics, Implementation Support and Stakeholder Management through our five verticals: Start-up Services, Spurt! X, Research and Data Analytics, Business Advisory and Human Capital Development.

Job Position: Head of Finance

Job Location: Lagos

Job Responsibilities

1. Head of Finance responsibilities include creating forecasting models, assessing risk in company activities and ensuring all accounting activities comply with regulations and are up to date.
2. To be successful in this role, you should have experience crafting financial strategies and managing accounting teams.
3. To be successful as a head of finance, you should demonstrate excellent leadership qualities and experience in modeling financial strategies, especially during a raise.
4. Ultimately, a competent Head of Finance should maintain the finances of the organization effectively and increase profitability.
5. Oversee financial operations, including budgeting, forecasting, financial analysis, and reporting.
6. Provide financial guidance and support to other departments.
7. Ensure the company’s financial goals and objectives are achieved.
8. Oversee financial operations, including budgeting, forecasting, financial analysis, and reporting.
9. Provide financial guidance and support to other departments.
10. Ensure the company’s financial goals and objectives are achieved
11. Ensure statutory compliance and timely filing of tax returns- VAT, CIT, NHF, PAYE e.t.c.
12. Process tax clearance certificates, Withholding Tax reconciliation and utilization reporting.
13. Gather and monitor financial data like sales revenues and liabilities
14. Ensure daily posting of all necessary ledgers of account accordingly
15. Preparation of weekly, monthly financial reports.
16. Managing office cash and updating transfer payments with supporting documents.
17. Assist with the preparation of annual budgets for the company and also collate/monitor departmental budgets
18. Invoice preparation and receipts generation
19. Reconciling and balancing all financial records
20. Disbursing funds necessary for office operations e.g., transport and office supplies
21. Track and confirm payments from customers and any other bank activity.
22. Create well detailed financial reports for management and audit purposes
23. Monitor and report on any account discrepancies
24. Conduct a detailed risk analysis to assess potential investment opportunities and advise management on risks
25. Perform month-end and year-end close processes.
26. Prepare monthly, quarterly and annual financial statements.
27. Ensure timely and accurate reporting of accounting information system to strengthen efficiency.
28. Perform an internal audit to substantiate financial statements and transactions.
29. Comply with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.

Job Requirements

1. Bachelor’s Degree in Finance, Accounting, or related field; MBA preferred.
2. Proven work experience as a Head of Finance, Director of Finance, or similar role
3. Minimum of 7 years of experience in finance or accounting, with at least 4 years in a leadership role
4. Strong knowledge of financial management, financial planning, accounting, and tax
5. Proven track record of driving financial growth and profitability in a complex organization.
6. Excellent communication and interpersonal skills
7. ACA is an added advantage.
8. Hands-on experience with budgeting and risk management
9. Experience with creating financial statements.
10. Experience with general ledger functions and the month-end / year-end close process
11. Experience in researching as it relates to accounting issues.
12. Experience with accounting software is a must.
13. Excellent technical knowledge of budgeting, cash management, financial statements and financial analysis processes.
14. Knowledgeable of Treasury management processes
15. Proven ability to analyze complex business issues and identify, design and implement effective practical recommendations.
16. ERP – SAP Knowledge an added advantage.
17. Advanced excel skills are a must.

Skills:

1. Strong sales skills to identify and close deals with clients, partners, and vendors.
2. Communicate effectively with clients, partners, and stakeholders at all levels of the organization.
3. Ability to think strategically to identify and pursue new business opportunities that align with the organization’s growth objectives.
4. Proficiency in conducting market research and analysis to identify market trends and competitive landscapes.
5. Strong understanding of business operations, financial management, and budgeting.
6. Excellent negotiation skills to build and maintain relationships with clients, partners, and vendors.
7. Ability to adapt to changing market conditions and be able to pivot strategies as needed.
8. Strong leadership skills to inspire and motivate their team to achieve growth objectives.

Desired Traits:

1. Discrete and trustworthy as you will often be a party to confidential information.
2. Demonstrate ownership of all areas of work with results-driven attitude i.e., multi-task, meet deadlines, identify goals and priorities and complete complex assignments with minimal direction.
3. Motivated, optimistic, and passionate
4. Obsessive attention to detail, responsive communication, thoughtful problem-solving and an execution mindset; zero inbox mentality is strongly preferred.
5. A critical thinker, who is curious, intuitive and pays attention to detail.
6. Impeccable work ethic, able to multi-task and thrive working across multiple projects in a fast-paced environment.
7. Ability to maintain professional demeanour at all times, in a busy, high stress environment.
8. Play well with others and demonstrate team leadership put differently, a strong ability to build relationships and trust as part of a small team.
9. Able to work autonomously with out-of-box thinking and goal-oriented actions.
10. Willingness to be flexible and nimble including availability to work flexible hours as needed.

How to Apply
Interested and qualified candidates should forward their CV to: talent@spurt.solutions using the Job Title as the subject of the email.