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Finance Lead

Lifebank

Job Summary

  • The Finance Lead is the highest-ranking finance professional in the Company and is responsible for overseeing and controlling all financial functions of the business.
  • The role provides financial leadership to the Company and ensures strong financial management, accurate reporting, effective cash flow management, financial controls, compliance, and informed decision-making.
  • A key focus of the role is management accounting — providing Management and the CEO with timely, accurate, and actionable financial information to understand the Company's performance, manage costs, improve profitability, and make sound business decisions.

Key Responsibilities

  • Lead and oversee all finance and accounting functions of the Company, including management accounting, financial reporting, treasury, payables, receivables, collections, budgeting, and financial controls.
  • Prepare and present accurate and timely monthly management accounts, financial reports, and business performance analysis to the CEO and Management.
  • Provide clear analysis of revenue, costs, margins, cash flow, profitability, variances, and overall financial performance.
  • Develop and manage the Company's annual budget, forecasts, financial plans, and regular reforecasts.
  • Monitor cash flow and working capital, ensuring the Company has adequate visibility of its financial position and upcoming obligations.
  • Oversee accounts receivable, collections, payables, and supplier obligations to ensure effective working capital management.
  • Establish and maintain strong financial controls, processes, approval systems, and financial policies across the business.
  • Ensure accurate and timely bank, customer, vendor, payroll, and other financial reconciliations.
  • Monitor financial performance across business units and identify areas of financial risk, inefficiency, overspending, or opportunity.
  • Ensure compliance with applicable tax, statutory, regulatory, accounting, and reporting requirements.
  • Lead the preparation and coordination of internal and external audits.
  • Provide financial guidance and analysis for business decisions, investments, pricing, expansion, cost management, and other strategic initiatives.
  • Ensure the integrity, completeness, and accuracy of the Company's financial records and systems.
  • Develop financial dashboards and reports that give Management clear visibility into the Company's financial position and performance.
  • Lead, manage, and develop the Finance team, ensuring clear accountability and effective execution across all finance functions.
  • Work closely with the CEO and other business leaders to align financial management with the Company's operational and strategic objectives.
  • Identify opportunities to improve financial efficiency, reduce costs, strengthen controls, and improve profitability.
  • Perform any other reasonable duties required by the CEO.

Management Accounting Focus:

  • The Finance Lead is expected to go beyond recording financial transactions and provide Management with a clear understanding of what the numbers mean for the business.

This includes:

  • Monthly management accounts and financial performance reviews.
  • Budget vs. actual analysis and variance reporting.
  • Revenue, gross margin, and profitability analysis.
  • Business unit and product-level financial analysis.
  • Cash flow forecasting and working capital analysis.
  • Cost analysis and cost-control recommendations.
  • Financial modelling and scenario planning.
  • Identification of financial risks and opportunities.
  • Providing actionable recommendations to the CEO and Management.

Key Performance Indicators

  • Accuracy and timeliness of monthly management accounts.
  • Quality and usefulness of financial analysis provided to Management.
  • Accuracy of budgets, forecasts, and cash flow projections.
  • Cash flow and working capital management.
  • Revenue, cost, margin, and profitability visibility.
  • Effective management of receivables and payables.
  • Timely completion of reconciliations and financial reporting.
  • Compliance with statutory and regulatory obligations.
  • Strength and effectiveness of financial controls.
  • Audit readiness and timely resolution of audit findings.
  • Overall effectiveness and performance of the Finance function.

Requirements

  • Bachelor's Degree in Accounting, Finance, Economics, or a related field.
  • Professional qualification such as ICAN, ACCA, or equivalent is strongly preferred.
  • 5+ years of relevant finance and accounting experience, with significant experience leading a finance function.
  • Strong experience in management accounting, financial reporting, budgeting, forecasting, and financial analysis.
  • Strong understanding of treasury, accounts payable, accounts receivable, collections, payroll, taxation, and financial controls.
  • Experience managing and developing a finance team.
  • Strong proficiency in Excel/Google Sheets and accounting or ERP systems.
  • Strong commercial and business understanding, with the ability to translate financial information into actionable business decisions.
  • Excellent analytical, communication, and leadership skills.
  • High level of integrity, attention to detail, and accountability.
  • Ability to operate effectively in a fast-paced and evolving business environment.

Key Competencies:

  • Management Accounting
  • Financial Planning & Analysis
  • Financial Reporting
  • Cash Flow & Treasury Management
  • Budgeting & Forecasting
  • Financial Controls & Risk Management
  • Commercial Acumen
  • Strategic Thinking
  • Leadership & Team Management
  • Data Analysis & Decision-Making
  • Integrity and Accountability.

Salary
N450,000 - N600,000 monthly.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CVs / Resume to:  using the job title as the subject of the email.

Note: This job description is not exhaustive. The Company may assign other reasonable duties and responsibilities that fall within the scope of the Finance Lead role.

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