Position Overview
The Director of Finance will work closely with the senior management team in determining long-term financial goals and developing strategies to achieve the financial objectives of Lipa Later Ltd. The Director of Finance will manage the organization’s financial operations, including developing financial models, budgeting, production of financial statements and reports, and advisement of the senior management team on financial decisions. They will be responsible for monitoring and maintaining internal controls, while overseeing financial systems, and related compliance requirements.
Detailed Responsibilities
Ensure that the organizational financial systems contain the necessary controls, consistency, and integrity to support the financial reporting and annual audit procedures.
Design and implement relevant policies and effectively communicate new systems, policies and processes to staff alongside the Finance team.
Provide financial advice to the various departments.
Conduct cost accounting and analyse the organizational financial health
Own the organisation’s audit and internal control structures; ensure strict financial controls are in place and adhered to
Development and implementation of a financial forecasting system
Ensure that the organisation complies with all legal and regulatory requirements
Minimize financial risk to the Company.
Create financial projections to ensure compliance and engage with investors about the models they have built.
Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.
Provide oversight, build, empower, upskill and manage a strong Finance team
Monthly Reconciliations: Review of accounts and investigation of variances then setting recovery plans
Reporting: Departmental Budget Variance Reporting. Monthly, Quarterly, and Annual financial statement generation
Using Internal Reporting Statements to Report to External Stakeholders
Coordinate and manage annual audit while working directly with external audit firms /tax consultants to review, and file with the relevant authorities
Does this sound like you?
At least 7 – 10 years progressive experience in a similar role
Highly motivated, with an enquiring mind and passion for excellence and innovation in pursuit of business growth and success.
Experience producing dashboard reports and other financial reports suitable for board-level and investor-level audiences
Lead and develop finance teams and work with senior teams to grow the business, formulating strategies and plans
A track record of achievement in developing and managing financial controls, including cash flow management controls
Knowledge of tax laws/statutory regulations within different markets and regions
Advanced skills in standard bookkeeping/accounting software including QuickBooks
Built robust risk management processes for a growing businesses
Exceptional communication skills at all levels
Have a CA/CPA-K qualification
