Head of Finance

The position is responsible for the company's overall financial integrity, financial planning, accounting governance, liquidity and cash management, revenue assurance, receivables, payables, reconciliation, taxation, compliance, audit, financial systems, management reporting, risk management and Finance team leadership. The position must ensure that the company's financial resources are protected and that financial transactions are properly authorized, accurately recorded, independently reconciled, appropriately documented and compliant with applicable requirements.

• Minimum Qualifications
• Master's Degree in Finance, Accounting, Business Administration, Economics or a closely related field.
• ACCA, CA, CPA or equivalent professional qualification is highly preferred.
• Minimum 8 years of relevant professional experience.
• Minimum 4 years of senior Finance management experience.
• Preferred Industry Experience

Strong preference will be given to candidates with experience in

• Telecom/MNO distribution;
• TopUp distribution;
• Fintech, Digital payments;
• Cash-intensive operations;
• Distribution networks;
• Multi-branch organizations.

High-Volume & Industry Environment

The role requires strong experience and comfort operating in a high-volume, technology-driven, geographically dispersed financial environment, including:

• Telecom and MNO distribution operations.
• TopUp purchasing, inventory, distribution, and settlement.
• Operator/MNO funding, deposits, and wallet management.
• High-volume digital and financial transactions.
• Revenue, commission, discount, rebate, and incentive management.
• Distributor, dealer, franchise, and customer financial relationships.
• Accounts receivable, credit management, and collection operations.
• Regional and provincial cash and banking operations.
• Multiple bank accounts, wallets, payment channels, and financial platforms.
• Integration between accounting, ERP, fintech, TopUp, banking, and operational systems.
• Large-scale daily transaction reconciliation and settlement.
• Revenue assurance and leakage prevention.
• Multi-location finance operations and decentralized teams.
• Statutory taxation, regulatory compliance, and audit requirements.
• Continuous financial control, fraud prevention, and risk management.
• Technical Requirements

Strong demonstrated capability in

• Financial accounting;
• General Ledger;
• Financial reporting;
• Budgeting and forecasting;
• Treasury and cash-flow management;
• Reconciliation;
• Internal controls;
• Taxation;
• Audit;
• Financial modelling;
• QuickBooks Enterprise;
• Odoo;
• Advanced Excel;
• Financial-system integration and data governance.
• Leadership Competencies

The candidate must demonstrate

• Strategic financial leadership;
• Commercial awareness;
• Strong analytical ability;
• High integrity and professional independence;
• Strong internal-control orientation;
• Executive communication;
• Decision-making under pressure;
• Negotiation skills;
• People management;
• Problem-solving;
• Confidentiality;
• Resilience;
• Continuous-improvement mindset.

• Strategic Financial Leadership
• Provide strategic financial leadership and executive advisory to the Board and Management on corporate strategy, commercial decisions, profitability, investment, risk, and long-term financial sustainability.
• Develop multi-year financial projections, annual budgets, rolling forecasts, business plans, and financial models.
• Provide executive dashboards, KPIs, financial analysis, and management reporting to support informed decision-making.
• Develop and enforce Finance policies, procedures, governance frameworks, and financial performance standards.
• Financial Systems & General Ledger Governance
• Lead the design, maintenance, and governance of the corporate Chart of Accounts (COA) and General Ledger (GL).
• Ensure accurate transaction mapping across QuickBooks, Odoo, fintech, banking, TopUp, and operational systems.
• Maintain GL integrity through proper classification, journal controls, reconciliations, and period-end procedures.
• Develop system-based controls, approval workflows, automated validation, and exception reporting.
• High-Volume Transactions & Reconciliation
• Oversee financial architecture and controls for high-volume telecom, TopUp, digital, banking, and operational transactions.
• Ensure rigorous daily, weekly, and monthly reconciliation of banks, cash, TopUp platforms, operator accounts, wallets, distributors, customers, and suppliers.
• Establish continuous verification mechanisms to identify discrepancies, unauthorized transactions, revenue leakage, and system errors.
• Ensure timely resolution of reconciliation breaks, suspense accounts, outstanding balances, and unexplained variances.
• Revenue, TopUp & Commission Assurance
• Govern the end-to-end TopUp purchasing, distribution, settlement, revenue, and commission cycle.
• Monitor TopUp transactions, operator funding, commissions, discounts, incentives, and settlements.
• Enact revenue-assurance controls to prevent leakage, duplicate transactions, incorrect commissions, unauthorized discounts, and settlement discrepancies.
• Ensure accurate recognition and reporting of revenue, commissions, rebates, and related costs.
• Budgeting, Forecasting & Performance
• Lead annual budgeting, rolling forecasting, financial planning, and budget-versus-actual analysis.
• Establish financial KPIs across departments, branches, regions, and business units.
• Conduct scenario and sensitivity analysis to support strategic decisions.
• Drive cost discipline, margin improvement, expenditure optimization, and sustainable profitability.
• Cash Flow, Treasury & Liquidity
• Lead cash-flow forecasting, treasury oversight, funding, and liquidity management.
• Ensure adequate liquidity for operator deposits, TopUp purchases, distributor settlements, payroll, suppliers, taxes, and other obligations.
• Monitor bank balances, cash, wallets, operator funding, and regional liquidity.
• Develop controls to minimize funding gaps, idle cash, unauthorized payments, and liquidity risks.
• AP, AR & Working Capital
• Oversee Accounts Payable, Accounts Receivable, credit control, collections, and working-capital management.
• Monitor distributor/customer aging, credit exposure, overdue balances, and collection performance.
• Enact effective credit and expenditure controls to minimize financial and working-capital risks.
• Ensure accurate reconciliation of distributor, customer, supplier, and operator balances.
• Regional & Provincial Financial Oversight
• Direct financial operations across head office, provincial branches, regional offices, and franchises.
• Ensure consistent financial policies, controls, reporting, and reconciliation procedures across all locations.
• Monitor regional cash, banking, revenue, expenses, receivables, payables, TopUp, and distributor balances.
• Conduct periodic regional financial reviews and implement corrective actions.
• Finance Team Leadership & Development
• Lead, structure, and develop a large motivated and focused Finance team.
• Optimize workforce capacity, recruitment, responsibilities, performance, and succession planning.
• Provide intensive training and coaching to junior staff to build a disciplined, accurate, and technically competent accounting team.
• Enact clear KPIs, accountability standards, and continuous professional development.
• Internal Controls & Fraud Prevention
• Design, implement, and aggressively enforce the corporate financial control framework.
• Establish and maintain a comprehensive Authorization Matrix and segregation of duties.
• Develop preventive and detective controls covering payments, procurement, journals, credit, TopUp, banking, cash, and assets.
• Identify and mitigate fraud, unauthorized transactions, duplicate payments, revenue leakage, and financial misstatement.
• Fixed Assets & Capital Expenditure
• Govern the Fixed Asset Register, capitalization, classification, depreciation, transfers, impairment, disposal, and physical verification.
• Ensure compliance with applicable accounting requirements and Ministry of Finance regulations.
• Enact effective controls over capital expenditure and safeguarding of company assets.
• Financial Reporting & Closing
• Ensure complete, accurate, and timely daily, weekly, monthly, quarterly, and annual financial reporting.
• Lead month-end and year-end closing, including reconciliations, accruals, provisions, depreciation, and adjustments.
• Ensure balance-sheet integrity and appropriate supporting schedules for all material accounts.
• Provide meaningful financial analysis and explanations of key movements and variances.
• Taxation, Compliance & Audit
• Lead taxation and statutory compliance, including WHT, contractor taxes, corporate taxes, and other statutory obligations.
• Ensure timely filings, payments, reconciliations, and maintenance of complete tax records.
• Serve as the primary Finance liaison for external audits, internal audits, tax inspections, and regulatory reviews.
• Enact audit-readiness standards and ensure timely resolution of audit findings.
• Financial Risk Management
• Identify, assess, monitor, and mitigate financial, liquidity, credit, transaction, system, fraud, and compliance risks.
• Establish financial risk indicators and early-warning mechanisms.
• Monitor distributor and customer credit exposure and enforce appropriate limits and collection procedures.
• Develop contingency measures for liquidity constraints, system failures, reconciliation issues, and other financial risks.
• Process Improvement & Financial Automation
• Continuously improve Finance processes to enhance efficiency, accuracy, scalability, transparency, and control.
• Develop automation across transaction processing, reconciliation, reporting, approvals, collections, payments, budgeting, and analysis.
• Integrate accounting systems with TopUp, banking, ERP, fintech, and operational platforms.
• Reduce manual processes and spreadsheet dependency through automated controls and reporting.
• Executive Reporting & Business Partnership
• Develop executive dashboards covering revenue, margins, commissions, cash flow, liquidity, receivables, payables, TopUp activity, operator funding, and regional performance.
• Translate financial and operational data into clear business recommendations.
• Work closely with Operations, Commercial, IT, Procurement, HR, Legal, and Compliance.
• Ensure Finance operates as a strategic business partner supporting profitable and controlled business growth.

Interested and qualified national candidates are invited to click Apply Now. submit their applications, including a cover letter and an updated CV, no later than 05 Nov 2026. Please note that only shortlisted candidates will be contacted for an interview.

Equal Employment Opportunity

Setaragan Mutahed Company provides equal employment opportunities to all employees and applicants without discrimination based on ethnicity, gender, religion, disability, age, or any other protected status.