Overview of Finance Lead Responsibilities
The core focus areas:
- Accuracy and
Compliance: Ensuring that all financial
transactions are recorded correctly, accurately, and in compliance with
international accounting standards (IFRS), tax laws, and other
regulations.
- Internal
Controls: Designing, implementing, and
monitoring internal controls to safeguard company assets, prevent fraud,
and ensure the reliability of financial data.
- Financial
Operations: Overseeing the day-to-day
accounting functions, including accounts payable, accounts receivable,
payroll, general ledger, tax compliance, and fixed assets.
- Team
Leadership: Managing and developing the
accounting team (Accountant/Bookkeeper)
- Financial
reporting: Ensuring our financial and
management statements are developed to be insightful and world-class in
their contribution to decision-making.
Detailed Responsibilities:
Financial Oversight
- General Ledger
Management: Maintaining the integrity of the
general ledger, ensuring proper chart of accounts, and accurate journal
entries.
- Budget
Management: Lead quarterly budgeting process
and provide ongoing guidance to team heads, ensuring effective development
and monitoring of operational and capital expenditure budgets.
- Financial
Leadership:
Provide strong leadership and guidance to the accounting function, driving the formulation and implementation of a robust financial strategy aligned with company objectives.” - Financial
Forecasting: Drive quarterly forecasting
by analyzing performance variances and market trends to update financial
projections and support strategic decision-making.
- Financial
Modeling: Develop and maintain
financial models to project long-term financial performance, aiding risk
assessment, funding acquisition, and overall strategic planning
- Financial
Reporting & Analysis: Prepare
and analyze accurate financial statements (income statement, balance
sheet, cash flows) in accordance with accounting standards, identifying
key trends and performance indicators relevant to DAC operations.
- Compliance
& Stakeholder Communication: Generate
comprehensive financial reports for internal management, investors,
lenders, and regulatory bodies, ensuring full compliance with all
applicable legal and accounting requirements.
- Performance
Analysis: Monitor key performance
indicators (KPIs), analyzing variances between actual and budgeted
results, and providing insights to management to improve
efficiency and achieve financial targets.
- Tax Compliance: Ensure compliance with all applicable tax
laws and regulations
ERP management and Integration (Syspro)
- System
Administration and Configuration: Overseeing
the day-to-day administration of the ERP system, customization to meet
Octavia’s internal workflows and operational needs.
- Data Management: Ensuring the accuracy and integrity of
financial data within Syspro by developing and maintaining data pipelines
for secure server backup.
- Process
Optimization: Leveraging
Syspro functionalities to streamline financial processes, automate routine
tasks, and improve efficiency (e.g., automated invoice processing,
electronic payment workflows).
- Report
Generation: Designing and generating
customized financial reports and dashboards within Syspro to provide
real-time insights into operational and financial performance.
- User Training
and Support: Providing training and support to
finance team members and other users on how to effectively use Syspro for
financial tasks.
- Upgrades and
Implementations: Participating
in or leading ERP system upgrades and the implementation of new Syspro
modules to support the evolving needs of the DAC company.
- Troubleshooting: Identifying and resolving any financial
system-related issues within Syspro.
Academic
Qualifications
Education:
- Bachelor’s degree in finance, Accounting,
Economics, or a related field.
- CPA – K and/or ACCA certifications
Experience:
- 3 – 5 years of experience in
finance control and accounting.
- Experience working with ERP systems (preferably
Syspro).
Skills:
- Demonstrated experience in preparing and
analyzing financial statements
- Proficiency in MS Excel and financial reporting
tools.
- Strong numerical and analytical
skills.
- Excellent attention to detail and ability to
manage data accuracy.
- Excellent communication and interpersonal
skills.
- Ability to work independently and collaborate in
a team.
- Demonstrated problem-solving abilities and
critical thinking.
Personal Attributes:
- Highly organized with a proactive approach to
problem-solving.
- Adaptable and willing to learn new financial
practices.
- Demonstrates integrity and confidentiality in
handling sensitive information
How to
Apply
