KLOVERHARRIS Limited is a Human resource/IT Consulting company that provides high quality services to businesses across Africa.
We pride ourselves in how well we assist organizations overcome challenges that bother on optimal performance by proffering a wide array of solutions through the use of deep IT expertise, industry- wide expertise and highly proficient tools.
We help our clients move several steps into the future by delivering solutions that constantly meet international best practice.
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
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