Finance Lead at Octavia Carbon

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: 

• 4 - 7 years of experience in finance control and accounting.  
• Experience working with Syspro ERP 

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.