HEAD OF FINANCE

Reposted Yesterday
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Ibadan, Oyo, NGA
In-Office
Senior level
Edtech • Software
The Role
The Head of Finance will oversee financial operations, develop policies, prepare reports and budgets, supervise staff, and ensure compliance with regulations while managing financial performance in the hospitality industry.
Summary Generated by Built In
Company Description

Our client, a leading provider of hospitality, hotel and catering service in lbadan, Oyo State, currently requires the services of a seasoned individual to head its Finance Department.

Job Description

Establish major economic objectives and policies for the company

Direct and prepare financial analyses of operations for guidance of Management

Report and recommend to management and the Board of directors in regard to policies and programs

Plan and direct new operational procedures to obtain optimum efficiency and reduced costs

Establish extensive line of credit

Direct receipt, disbursement, and expenditures of money or capital assets

Approve and sign documents effecting monetary transactions

Direct the activities concerned with safekeeping, control, and accounting for assets and securities

Direct the preparation and implementation of budgets and financial forecasts

Direct the preparation of reports that outline company‘s financial position in areas of income, expenses, and earnings based on past, present and future operations

Direct preparation of directives to division or department administrators outlining policy, program, or operating changes to be implemented

Promote organization in financial markets to assure sources of capital

Supervise Accounting Staff

Monitor compliance with accounting policies and procedures in accordance with Federal and State Regulations

Review existing policies and procedures and recommend improvements

Assist in annual review of records by the external financial consultants and auditors

Participate in special projects as assigned by management

Prepare cash deposits and post on a daily basis

Prepare and reconcile monthly general ledger, accounts receivable, and cash management closing entries

Run accounts receivable reports (_ Debtors report) for management on a daily oasis

Ensure that the Food & Beverages Control section provides timely and accurate reports to Management review and support the plans of the Food & Beverages Manager to control costs and improve revenues

Qualifications

Qualified Chartered Accountant with at least 5 years post-qualification experience

Experience in designing/improving accounting processes including monthly close. budgeting, forecasting, consolidations and management and financial reporting

Strong management skills required to lead, manage and motivate the team

Excellent verbal and written communication skills

Interpersonal and organizational skills, attention to detail and the ability to work under pressure

10 years of progressive hands-on experience in finance, preferably in the hotel industry,

Prior experience in supervision of staff is preferred

Multi-company multi-division experience is preferred

Hotel 1 Property Management experience is preferred

Experience in related industries such as hotel/resort operations is desirable

Ability to work independently with little supervision

Ability to retina current processes and make recommendations for improvement

Working knowledge of accounting software and major ERP programs, as well as Excel and Microsoft programs are required

Ability to take initiative, maintain confidentiality, and work in a team environment


Skills Required

  • Qualified Chartered Accountant
  • 5 years post qualification experience
  • 10 years of progressive hands-on experience in finance
  • Experience in designing/improving accounting processes
  • Excellent verbal and written communication skills
  • Strong management skills
  • Prior experience supervising staff
  • Multi-company multi-division experience
  • Hotel Property Management experience
  • Experience in related industries such as hotel/resort operations
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The Company
14 Employees
Year Founded: 2007

What We Do

LEXTORAH We're making World-class Higher Education more Accessible and Affordable...

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