Head, Financial Reporting
Job Description:
Job Title: Head, Financial Reporting
Industry: Insurance | Financial Services
Reports To: Chief Financial Officer / Executive Management
Location: Nigeria
Work Structure: Full-Time
Remuneration: Competitive
Client Overview
Our client is a leading Nigerian insurance group providing a diverse portfolio of life, general, and specialist insurance solutions to individuals and businesses. The organization operates within a highly regulated financial services environment and is committed to strong financial governance, operational excellence, customer value, and sustainable business growth.
Role Summary
Our client is seeking an experienced and detail-oriented Head, Financial Reporting to lead the financial reporting function and ensure the timely, accurate, and compliant preparation of financial information.
The role will oversee financial statements, management reporting, regulatory reporting, accounting standards, reconciliations, financial analysis, and reporting controls, while partnering with Finance, Actuarial, Investment, Audit, Risk, and other key functions.
The successful candidate will ensure that financial reporting processes support sound decision-making, regulatory compliance, and the organization's overall financial governance framework.
Key Responsibilities
Financial Reporting & Accounting
- Lead the preparation and review of monthly, quarterly, and annual financial statements.
- Ensure accurate financial reporting in line with applicable IFRS, accounting standards, and regulatory requirements.
- Review financial records, journals, reconciliations, and reporting schedules for accuracy and completeness.
- Provide financial insights to support management decision-making.
Regulatory & Statutory Reporting
- Coordinate timely preparation and submission of regulatory and statutory financial reports.
- Ensure compliance with applicable insurance and financial reporting requirements.
- Liaise with auditors, regulators, and relevant stakeholders on financial reporting matters.
Financial Controls & Governance
- Strengthen financial reporting controls, processes, and reporting procedures.
- Identify reporting risks, inconsistencies, and control gaps and ensure timely resolution.
- Maintain appropriate documentation and audit trails to support internal and external audits.
Management Reporting & Analysis
- Prepare and review management accounts, financial dashboards, variance analysis, and performance reports.
- Analyze financial performance against budgets, forecasts, and business objectives.
- Provide management with clear insights into financial trends, risks, and performance drivers.
Team & Stakeholder Management
- Lead, coach, and develop the financial reporting team.
- Collaborate with Finance, Actuarial, Investment, Internal Audit, External Audit, Risk, and Compliance teams.
- Drive timely delivery, accuracy, accountability, and continuous improvement within the reporting function.
Requirements
EducationBachelor's Degree in:
- Accounting, Finance, Economics, Business Administration Or a related discipline.
- Professional qualification such as ACA, ACCA, or equivalent is required. A Master's degree or relevant professional certification is an added advantage.
Experience
- Minimum of 8–12 years of relevant experience in financial reporting, accounting, audit, or financial control.
- Strong experience within insurance, banking, financial services, or another highly regulated industry.
- Demonstrable experience preparing and reviewing financial statements and regulatory reports.
- Strong exposure to IFRS and financial reporting standards.
- Experience managing finance professionals and working with external and internal auditors.
Technical Competencies
- Financial Reporting
- Financial Statements
- IFRS
- Regulatory Reporting
- Management Accounts
- Financial Analysis
- Budgeting & Forecasting
- Financial Controls
- Reconciliations
- Variance Analysis
- Audit & Compliance
- Accounting Systems
- Advanced Microsoft Excel
Core Competencies
- Financial Acumen
- Analytical Thinking
- Attention to Detail
- Strong Leadership
- Problem Solving
- Stakeholder Management
- Communication Skills
- Integrity & Professionalism
- Decision Making
- Results Orientation
- Process Improvement