Deputy Head of Account at Rosabon Financial Services
Rosabon Financial Services Limited is the leading Financial Intermediary and Equipment Leasing firm in Nigeria, a subsidiary of Concept Group Nigeria. Licensed by the CBN ON April 22, 1993, we have built a reputation for passionately and professionally delivering innovative and superior financial services to our growing clientele by providing value added lease financing services across different sectors of the economy.
With over N2.2 billion in assets – a 400% increase between 2006 and 2011 – we are a driven organization uniquely poised for growth. As a world class organization, we adopt only international best practices in our business operations. We have efficient Risk management and Internal control systems set in place to ensure that all transactions are scrutinized and regulatory requirements are met.
The success of Rosabon Financial Services is attributed to our emphasis on customer satisfaction, integrity, professionalism and our utmost commitment to excellence. As a long standing member of the Equipment Leasing Association of Nigeria (ELAN), our business is backed by sound financial packages and expert advice tailored to suit our client’s needs.
Our Strategy
Over the years, we have achieved great feats by developing world class financial products suited to the different business environments. Our products are designed to meet the diverse demands of our growing clientele.
We strive to offer a comprehensive range of financial products and services. We believe that as a non-banking financial institution, our advantage is that we provide a range of sophisticated financial products to the market.
We offer a broad array of financial solutions that provide an entry to a target market and we leverage on industry specific expertise that we have built over the years in key vertical markets – Financial Services, Manufacturing and Distribution, Retail, Telecommunications and Technology – to increase market share in these industries.
Our Mission To be Nigeria’s foremost development finance institution that continuously provides innovative financial products whilst surpassing stakeholder’s expectations. Our Vision
To create the largest leasing and boutique finance mediation company in Nigeria.
At Rosabon, our values are a signature of our innovation, creativity and excellence. This innovative culture is the driving force behind our business and as a subsidiary of The Concept Group, we ride under the same umbrella of ethics, which have been developed into the acronym CONCEPT, completely defining who we are.Job Summary
The Deputy Head of Accounts & Finance is responsible for the overall financial management, regulatory compliance, and financial reporting, budgeting, and forecast preparation of the company.
He / She will play a pivotal role in steering and monitoring financial management, reporting, and regulatory compliance of the company.
Reporting to the Chief Financial Officer, they will lead the team, ensuring their efficient operation in alignment with best practices and statutory requirements.
Duties & Responsibilities
Leadership / Supervisory Role:
Provide visionary leadership to the accounting and finance departments.
Lead the company's financial accounting, reporting, and control activities in adherence to best practices and Statutory requirements.
Establish and maintain strong working relationships with external parties, including customers, vendors, regulators, and external auditors.
Supervise end-of-period processes, ensuring timely analysis of business performance, budgets, and forecasts.
Motivate, develop, and align the departmental culture and vision, taking full responsibility for the prompt conclusion of all deliverables in the accounts & finance department.
Ensure the timely delivery of high-quality Management and Annual Audited Statements of Accounts.
Financial Analysis and Reporting:
Lead the accounts department in preparing periodic Management and Statutory financial reports.
Collaborate with external auditors for the delivery of Audited Financial statements.
Oversee the preparation and monitoring of the business's annual budgets, driving ad hoc projects to improve process efficiency.
Proactively engage in implementing audit findings to enhance overall financial performance.
Supervise the documentation of all financial books and records.
Prepare periodic financial reports reflecting the company's revenue and expenses, delivered to the Chief Finance Officer / ED, Finance & Admin.
Prepare reports on accounting-related matters, including taxation, accompanied by proactive advice and recommendations.
Strategic Decision-Making:
Provide crucial financial insights for strategic decision-making.
Contribute to the development and achievement of the company's goals.
Policy Formation:
Create and enhance financial policies and procedures across the accounts and finance department.
Ensure consistency in procedures and policies, aligning them with the business's overall goals and objectives.
Ensure compliance with the business's internal corporate framework policies and finance manuals.
Tax & Compliance:
Legally minimize required taxes by studying regulations and presenting strategies to the management.
Legally minimize tax liabilities through the informed application of tax laws and regulations.
Oversee tax audit exercises and follow up with relevant government agencies.
Document Writing Accuracy:
Write financial reports and documentation without errors.
Research / Knowledge:
Attend regular finance forums/meetings to gather insights applicable within the accounts and finance department.
Make recommendations for systems improvements and oversee the implementation of approved changes.
Talent Development:
Develop and lead a high-performing accounting and finance team.
Contribute to the professional growth of subordinates.
Any other tasks as assigned by the line manager.
Key Performance Indicators
Target profit margin: %, Actual profit margin: %.
Budget variance: % (negative variance), or % (positive variance).
95% accuracy rate in financial records, including but not restricted to Management Accounts, Ad hoc reports, Budgets, forecasts, and Audited Financial statements
Accuracy and timing of submission of financial reports: % of error-free reports for both Management, statutory financial returns, and Budgets, etc.,
% of successful compliance and filing of Returns
% Effective reduction of tax burden via effective tax Management strategies
% Reduction in transaction processing times relating to processing revamping and innovation
% of Vendor and customer satisfaction rate.
% rate of policy adherence or violation.
% of successful implementation of strategic decisions.
Qualifications / Requirements
Bachelor’s Degree in accounting, finance, business, economics, or related fields.
Minimum of 7 years of experience in the field, preferably in the Financial Services industry.
Internationally recognized accounting professional qualifications (ACA, CPA, ACCA, and CMA).
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Well-developed accounting skills and knowledge of IFRS.
High level of integrity and ethical behavior.
Proven record of leading and developing subordinates.
Strong ability to prioritize, multitask, and delegate.
Solid team player with high energy and a proactive, results-driven attitude.
Proactive, resourceful, and hands-on with good initiative.
