Job Summary
The Head of Finance will assume a pivotal role in guiding the organization’s financial and strategic trajectory.
The successful candidate will lead the finance department, ensuring the organization’s financial stability while driving business development initiatives as a senior leadership role.
Responsibilities include overseeing daily operations to ensure efficiency, managing staff performance and development, and maintaining compliance with company policies and regulatory standards. Additionally, the role involves strategic planning to meet organizational objectives, fostering a collaborative work environment, and addressing operational challenges. The position requires coordinating cross-functional teams, optimizing workflows, and implementing process improvements to enhance productivity. Accountability for budget management, resource allocation, and risk mitigation is also essential, alongside ensuring high-quality service delivery and customer satisfaction.
We require strategic financial leadership to drive fiscal decision-making and ensure sustainable growth. The ideal candidate will provide expert guidance on financial strategies, oversee budgetary planning, and analyze performance metrics to optimize resource allocation. Responsibilities include developing long-term financial plans, identifying cost-saving opportunities, and fostering collaboration across departments to align financial goals with organizational objectives.
Responsibilities include designing, executing, and managing all financial activities, such as budget preparation, financial projections, strategic planning, risk mitigation, and comprehensive reporting.
Offer expert financial strategic guidance to the executive team, advising directors on aligning both immediate and long-term objectives with the organization’s overarching goals.
Develop and implement sophisticated capital structuring frameworks and funding strategies to optimize financial resources.
Develop, oversee, and assess the organization’s corporate strategy in collaboration with senior leadership and business unit managers, prioritizing profitability, capital allocation, and strong corporate governance to enhance the company’s overall value.
Responsible for driving business development initiatives to foster sustainable growth, identifying new market opportunities, and cultivating strategic partnerships to expand the organization’s reach and revenue streams.
Identify and pursue commercial insights to uncover avenues for growth, thereby ensuring targets outlined in the business plan are surpassed and profitability is enhanced.
Develop and execute financial strategies aligned with the organization’s growth and business development objectives.
Develop and lead strategic projects aimed at discovering innovative revenue sources while optimizing overall financial outcomes.
Financial Analysis and Planning: Evaluate financial performance by analyzing data, trends, and key metrics to identify opportunities for growth and efficiency improvements. Develop comprehensive financial models, forecasts, and budgets to guide strategic decision-making and ensure alignment with organizational objectives. Prepare detailed reports, presentations, and dashboards that communicate insights clearly to stakeholders, facilitating informed discussions and actionable recommendations. Collaborate with cross-functional teams to gather relevant financial information, validate assumptions, and refine projections for accuracy and relevance.
Prepare and deliver comprehensive reports highlighting essential financial metrics, alongside detailed variance analysis and strategic insights tailored for executive review.
Prepare and present the organization’s current financial performance metrics and key performance indicators to the Board of Directors for review and strategic decision-making.
Ensure that the finance team upholds accurate and compliant financial record-keeping systems in line with established Accounting Principles.
Responsibilities include providing comprehensive oversight of all Finance and Accounts functions, conducting monthly financial consolidation, managing budgeting processes, overseeing risk management initiatives, and ensuring robust internal controls are maintained.
Develop and oversee comprehensive budgeting and financial planning processes to ensure fiscal responsibility and strategic resource allocation.
Develop and enforce comprehensive guidelines for both annual and recurring periodic budgets. Provide oversight for budgeting processes and ensure strict adherence to approved financial plans throughout implementation.
Responsible for developing and maintaining long-term financial plans and cost control measures that align with the Group’s strategic objectives.
Track all expenditures to verify alignment with established budgetary objectives.
Evaluates organizational performance in relation to established budgets and long-term strategic goals to identify variances, ensure fiscal discipline, and align operational outcomes with strategic priorities.
Treasury & Cash Flow Management: Responsibilities include overseeing liquidity, managing cash flow forecasting, and ensuring optimal utilization of financial resources. This role demands proficiency in financial analysis, treasury operations, and cash positioning strategies. Candidates must possess strong analytical skills, attention to detail, and the ability to work under tight deadlines. A solid understanding of financial markets, risk management, and regulatory compliance is essential. Prior experience in treasury functions, cash management, or related financial roles is preferred.
Strive to reconcile immediate financial obligations and constraints—including the oversight of cash flow and liquidity—with profitability targets while advancing the organization’s enduring vision and fostering sustainable, long-term success.
Work collaboratively with banks, financial institutions, and advisors to enhance the firm’s financial stability and broaden access to growth capital.
Responsible for strategically managing capital allocation, maintaining robust liquidity, and optimizing cash flow to guarantee the most efficient deployment of financial resources across the company’s portfolios and operational activities.
Demonstrates strong leadership abilities while fostering team growth and collaboration, ensuring all members operate at peak performance levels through guidance, mentorship, and constructive feedback.
Collaborate with the senior management team to share strategic leadership duties and guarantee the finance/accounting function effectively supports both the organization’s strategic and operational objectives.
Oversee daily financial and accounting operations to ensure strict adherence to established Standard Operating Procedures across all departments.
Foster a culture of accountability and performance excellence across all departments.
Taxation and regulatory compliance entails ensuring adherence to all applicable tax laws, regulations, and reporting requirements while mitigating financial risks and maintaining accurate financial records. This role involves interpreting complex tax codes, preparing and filing tax returns, and staying informed about evolving regulatory changes. Additionally, it requires collaborating with cross-functional teams to facilitate compliance, conducting thorough audits, and implementing strategies to optimize tax efficiency. Strong analytical skills, attention to detail, and a deep understanding of tax legislation are essential for success in this position.
Ensure the timely filing of legal and regulatory documents while maintaining adherence to all applicable laws and regulations.
Foster and maintain productive relationships with tax authorities and regulatory bodies.
Responsible for managing both internal and external audit functions to ensure comprehensive evaluation of organizational processes and compliance with established standards.
We seek candidates with a bachelor’s degree in a relevant field, along with at least three years of professional experience in a related industry. Strong analytical and problem-solving skills are essential, along with proficiency in industry-standard software and tools. Excellent communication and teamwork abilities are required to collaborate effectively across departments. Familiarity with current regulations and best practices in the field is preferred. Prior experience in project management or leadership roles is a plus.
A Bachelor’s or advanced degree in Finance, Economics, Accounting, or a closely related discipline is required.
Holding a recognized professional certification such as ICAN, ACA, ARCA, CPA, or CMA is essential.
Experienced finance professionals with a decade to fifteen years of progressively responsible roles are sought, emphasizing expertise in financial analysis, forecasting, and strategic planning.
Manufacturing expertise is highly beneficial for this role.
Seasoned professional with a robust background in leadership and management roles.
Experienced professionals should demonstrate strong competencies in financial management software platforms, with a particular emphasis on SAP, Tally, Microsoft Dynamics, and ODOR.
Proficient in navigating Nigerian tax regulations, ensuring statutory compliance, and adhering to financial reporting standards.
Maintains unwavering integrity and consistently performs effectively in high-pressure situations.
Proven expertise in analytical and financial modelling, enabling the conversion of data into strategic, actionable insights.
Demonstrated expertise in business strategy and a proven ability to drive impactful decisions at senior leadership and board levels.
Dynamic Competencies:
Proven ability to build and maintain collaborative working relationships across diverse teams and stakeholders. Exceptional communication skills, both written and verbal, enabling clear articulation of ideas and active listening to ensure mutual understanding. Strong analytical mindset with a commitment to data-driven decision-making. Capability to multitask and prioritize effectively in fast-paced environments. Demonstrated leadership in driving projects forward while fostering innovation. A proactive approach to problem-solving with a focus on continuous improvement. Adept at managing multiple priorities without compromising quality or deadlines.
High ethical standards, a forward-thinking approach, and a comprehensive grasp of financial risk are essential.
Strong written and verbal communication skills, along with the ability to effectively interact with others, are equally essential.
Proven ability to analyze complex information and develop innovative solutions, coupled with meticulous attention to detail.
Detail-oriented and highly organized, this role requires exceptional multitasking abilities and a strong capacity to meet tight deadlines efficiently.
Demonstrates exceptional ability to make sound, timely decisions with clarity and confidence.
Qualified candidates who meet the requirements are encouraged to submit their CV via email to cv@ascentech.com.ng, ensuring the job title is included in the subject line for proper identification.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
10 - 15 years
