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Head of Finance - Retail

Terawork

Role Overview

  • We are seeking an experienced and strategic Head of Finance to lead financial operations, treasury management, reporting, budgeting, and financial governance across the business.
  • The successful candidate will ensure financial accuracy, regulatory compliance, effective cash management, and provide insights to support business growth and decision-making.
  • This role requires strong leadership capability, experience managing high-volume financial environments, and the ability to strengthen internal controls while driving operational efficiency.

Key Responsibilities
Financial Management & Reporting:

  • Oversee preparation and accuracy of financial statements and management reports.
  • Ensure timely weekly and monthly cash flow reporting.
  • Lead monthly treasury and financial risk reporting processes.
  • Monitor daily revenue performance and drive revenue assurance reconciliation activities.
  • Prepare and present financial reports and business performance updates to executive leadership.

Treasury & Cash Flow Management:

  • Manage treasury operations and optimize working capital.
  • Maintain strong banking relationships and resolve banking-related issues.
  • Monitor liquidity position and escalate emerging risks proactively.
  • Ensure efficient debt management and cost of financing.

Budgeting, Forecasting & Financial Planning:

  • Lead annual budgeting and forecasting cycles.
  • Deliver financial analysis and business insights to support strategic decisions.
  • Monitor operational and capital expenditure performance against budgets.

Controls, Compliance & Governance:

  • Strengthen internal controls and ensure compliance with financial policies and procedures.
  • Drive adherence to finance SOPs and continuously improve finance processes.
  • Coordinate audit readiness and support internal and external audit activities.
  • Ensure compliance with IFRS, tax regulations, and applicable financial standards.

Retail / Operational Finance Oversight:

  • Monitor financial performance across operating locations.
  • Oversee reconciliation and remittance processes.
  • Drive issue resolution related to revenue collection and operational finance activities.
  • Evaluate financial performance and recommend improvement actions.

Leadership & Stakeholder Management

  • Lead and develop the finance team.
  • Partner with business leaders to support commercial and operational objectives.
  • Manage relationships with auditors, regulators, financial institutions, and external advisors.

Requirements
Education & Professional Qualifications:

  • Bachelor’s Degree in Accounting, Finance, or a related field.
  • Professional certification such as ICAN or ACCA is required.

Experience:

  • Minimum of 10 years’ progressive finance and accounting experience.
  • At least 4 years in a leadership role managing finance teams.
  • Experience in retail, supermarket, FMCG, or other high-volume transaction environments.
  • Experience coordinating external audits, including engagement with Big 4 firms, is an advantage.

Skills & Competencies:

  • Strong financial reporting and treasury management expertise.
  • Excellent understanding of IFRS, Nigerian tax regulations, and internal controls.
  • Proficiency in ERP and accounting systems (QuickBooks experience is an advantage).
  • Advanced Excel, analytical, and financial modelling skills.
  • Strong leadership, stakeholder management, and communication skills.
  • High attention to detail and ability to work in a fast-paced environment.

Salary
N600,000 - N700,000 / Month.

Application Closing Date
4th July, 2026

How to Apply
Interested and qualified candidates should send their Applications to: View email address on hotnigerianjobs.com using the Job Title as the subject of the email.

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Vacancy posted 1 day ago
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