Head of Finance, Grange School Lagos

Founded in 1958, our client is is a distinguished co-educational British curriculum day and boarding school in Ikeja GRA, Lagos looking to fill the role of a Head of Finance. The holder of the role will be a member of the Grange Executive Team (GET), operate under the supervision of the Head of School and the Head of School Operations and will be responsible for providing sound financial management advice and overseeing all financial matters, including the development and management of the School's budget, loans and investments, and the management of receipts and payments.

He/she will provide assistance and support to the Head of School Operations to ensure the effective and efficient delivery of the School's operational functions. The Head of Finance is expected to maintain a positive and professional approach in dealings with stakeholders, contributing to the overall success of Grange School.

Requirements

HEAD OF FINANCE Reports to: HEAD OF SCHOOL OPERATIONS Line manager: Senior Accountant, Bursar and Account Officers Key Areas of Responsibility

• To lead, manage, maintain and develop the financial procedures and systems of Grange School, in collaboration with the Head of School, Head of School Operations and Governors.
• To promote the highest standards of business ethics within the administrative function of the School and ensure the effective and strategic use of resources in support of the School's learning objectives.
• To manage and monitor the School's budgets and payroll.
• To prepare annual income and expenditure estimates for approval by the Head of School and Governors; obtain agreement from budget holders and report on the School's financial position to the Governors.
• To advise the Head of School, Head of School Operations and Governors on investment and financial policies; prepare financial appraisals for specific projects and develop business plans to support the School's future development.
• To ensure compliance with applicable financial management standards for international schools. Use financial management information, particularly benchmarking tools, to identify areas of relative expenditure, assess trends and provide informed advice to the Governing Council, Head of School and Head of School Operations.
• To support the Head of School, Head of School Operations and Governing Council in understanding the School's income position and identifying and implementing opportunities to maximise income.
• To oversee accounting procedures and resolve financial issues, including the timely processing and payment of goods and services supplied to the School; management of bank accounts and monthly bank reconciliations; preparation of invoices; and collection of fees due to the School.
• To prepare financial returns for the relevant tax authorities, including the Nigeria Revenue Service (NRS), and oversee VAT, WHT, CIT, PAYE, Stamp Duties and other statutory remittances.
• To coordinate the preparation of the annual financial statements and liaise with external auditors, ensuring that financial reports comply with International Financial Reporting Standards (IFRS) and applicable regulatory requirements.
• To develop and analyse financial information to assess the School's current and projected financial position.
• To provide detailed financial reports to the Governors and Head of School in accordance with agreed reporting schedules.
• To support accounts staff responsible for delegated budgets by providing procedures and guidance that enable effective budget monitoring and control.
• To maximise the School's income-generation capacity through initiatives such as facility lettings, grant applications and fundraising.
• To prepare and present timely, fully costed proposals, recommendations and bids.
• To prepare periodic operational and financial reports for submission to the Board through the Finance Committee.
• To oversee the School's financial, treasury and investment management activities.
• To manage and monitor the School Fund, including the preparation of accounts and required returns.
• To attend meetings of the Governing Council (GC), Finance Committee, Education Committee, Grange Executive Team (GET) and other relevant meetings, as required and agreed. OTHER DUTIES To perform any other duties commensurate with the role, as may be assigned by the Governing Council or its Committees, the Head of School, or the Head of School Operations. Preferred Qualification
• University degree in Accounting, Economics or a related discipline.
• ICAN or ACCA certification is compulsory.
• A minimum of 10 years’ relevant work experience in a related environment.
• A Master’s degree is an added advantage. Competences Required
• Excellent written and verbal communication skills.
• Strong analytical skills and attention to detail.
• Sound commercial awareness.
• Strong numerical and mathematical skills.
• Excellent planning and organisational skills.
• Ability to understand broader business and financial issues.
• Strong communication and presentation skills.
• Proficiency in Microsoft Office and relevant financial software.
• Experience in database management and use.
• Strong critical-thinking and problem-solving skills.
• High levels of reliability, thoroughness and commitment to accuracy.
• Excellent command of the English language; proficiency in a second language is an advantage.
• Self-motivated, with the ability to work independently and take initiative. Interested/Qualified Candidates should send their CVs to recruitment@stresertintegrated.com Using GRG-25-HoF as the email subject