Head, Finance at mDoc Healthcare

The position:

• mDoc needs knowledgeable and dynamic problem-solvers to be part of the firm through its next stage of development. The Head, Finance will oversee, track, and report on the expenditures for all project activities and staff. She/he will also drive financial strategy for the company.

Responsibilities

• The Finance Manager will oversee, track, and report on the expenditures for all project activities and staff. This role is based in Lagos or Abuja.
• The Finance Manager will oversee fiscal operations and systems for mDoc.
• The Finance Manager will establish and document accounting policies and procedures to ensure that all financial transactions are executed and documented in accordance with International Financial Reporting Standards, Nigerian laws, regulations and donor requirements.
• This position will also manage and develop accounting staff to effectively implement fiscal operations and will interface closely with the Executive team.
• Success requires a sound working knowledge of financial statements, IFRS and other required reporting. The Finance Manager will lead the team to provide excellent customer service, while fostering an environment of compliance to policies and investor/donor requirements. The Finance Manager will also lead or be involved in improvement projects which focus on internal operations, such as utilizing the accounting system to create automation and streamline processes.
• Oversee the financial reporting and management process-

Ongoing:

• Drive the timely month end close to produce and provide financials to all of our stakeholders. This includes sending timely (within 10 business days after close of the month) electronic general ledger detail and cash reconciliations to be rolled into their monthly financial reports.
• Oversee the month end close process to ensure standards reflect annual audit requirements, including a detailed review of the trial balance.
• Ensure the monthly closing checklist, per the policies manual, is reviewed and checked off monthly (reconcile accounts payable, accounts receivable, deferred revenue and cash accounts on a monthly basis, reconcile payroll, etc.)
• Supervise the maintenance of the general ledger and subsidiary journals, including cash receipts, cash disbursements, payroll, accounts payable and accounts receivable, using our internal accounting system.
• Oversee all revenue recording and ensure compliance to IFRS including those particular to social enterprises for restricted gifts and grants, etc.
• Responsible for customization of internal financial statements, as needed by management, within limits of the internal accounting software.
• Coordinate the monthly financial review process with each BU/ project directors.
• Prepare materials for monthly meetings with financial statement readers.
• Maintain prospective cash flow statement, including accounts receivable, projected revenue receipts and budgeted expenses.
• Responsible for the financial reporting to the Project/BU team leads and C-suite. Report critical financial information to the Finance Committee of the Board of Directors, as needed.

Annually:

• Ensure all necessary annual filings are completed.
• Manage all audits, including annual financial audit, regulatory, donor audits, etc.
• Produce all financials for the annual audit.
• Maintain an excellent relationship with our external audit firm.

Finance team management:

• Assist the HR Generalist in the development of a policies and procedures manual – finance related policies
• Develop internal policies and processes and train new team members on appropriate procedures and continually reviews work practices and procedures for better operational efficiency; and potential issues in accounts, financial processes and controls and proactively raise management attention to act and resolve.
• Works closely with the leads to manage day-to-day accounting, invoicing, payroll, cash management.
• Motivate team to achieve goals and continue to develop their professional skills.
• Supervise financial operations to ensure efficiency and excellent customer service:
• Maintain and develop written, up to date accounting policies and procedures.
• Ensure all processes support strong internal controls and avoid control deficiencies.
• Maintains compliance to all Nigerian (and other country dependent on expansion) regulations, laws, etc. related to finance and administration (such as payroll, taxes, etc.)
• Manage the internal accounting system including knowing functionalities, implementing new modules based on business needs and training staff.
• Maintain process improvement initiatives.
• Oversee management of vendor relations (concentration on trade discounts, cost containment, etc.)

Requirements

• MBA Required. Bachelor’s degree in Accounting or Finance
• ICAN and/or public accounting experience
• Minimum of 7-10 years of experience in a similar accounting or financial position
• Experience using Sage accounting system or similar accounting software
• Project experience in automating processes and systems
• Experience developing and managing accounting staff and fostering service minded culture
• A problem-solving way of thinking. We are looking for you to come with an ability to solve problems.
• Experience and understanding of health and healthcare
• Demonstrated experience in a similar role for a minimum of five years
• Exceptional communication, presentation and organizational skills.
• Ability to produce IFRS basis financials via financial software.
• Ability to work with diverse groups of people, including managing cross-functional relationships with members of staff at all levels in all offices.
• Skilled as a hands-on manager with impeccable integrity.
• Ability to plan, organize and think strategically.
• Ability to manage projects, partnerships and professional relationships.
• Highly organized and flexible in dynamic environment.
• Strong written, verbal and presentation skills.
• Excellent understanding of commonly used accounting and financial software and systems in Nigeria and knowledge of the banking regulations of the country.
• Comfort in working with a global team and in a startup environment.
• A recognition that mDoc is an early-stage startup so we work around the clock and are looking for you to work quickly and efficiently.
• A willingness to work super hard and problem-solve as a collective.