Letshego is a Setswana term meaning ‘support’. At Letshego we provide financial support to our customers. Our new brand mark is a stronger, bolder and more modern depiction of the Letshego tripod.
Finance Manager – Holding Company | Apply to Letshego Holdings Limited
Job Summary
To lead the financial management and procurement functions
of the Holding Company and its special-purpose entities, ensuring accurate
financial reporting, strong financial controls, regulatory compliance,
effective procurement, and sound financial analysis. The role supports informed
decision-making, safeguards the Group’s assets and capital, and proactively
manages financial and procurement risks.
Job Details
- Financial
oversight of the LAHL entity budget, operating expenditure, financial
reporting and procurement activities. Approval of transactions within the
approved Delegation.
- Assets
oversight of LAHL investments in subsidiaries, financial assets, fixed and
intangible assets, intercompany balances and other assets and liabilities
of the Holding Company.
- Direct
management of the LAHL Finance and Procurement teams, in line with the
approved organisational structure.
- Ensure
that all relevant financial controls are adequately designed, implemented,
and operating effectively to safeguard the integrity of the financial
reporting of LAHL.
- Monitor,
and enhance the control environment to address emerging risks, strengthen
governance, and promote a culture of continuous improvement.
- Lead
the monthly, quarterly and annual financial close for LAHL and the
designated SPVs.Ensure the complete, accurate and timely preparation of
management accounts, statutory financial statements, reporting packs and
supporting schedules.
- Review
balance-sheet reconciliations, substantiating schedules and outstanding
reconciling items, ensuring timely resolution.
- Coordinate
LAHL reporting inputs into Group consolidation, senior management and
Board reporting.
- Ensure
appropriate accounting for investments in subsidiaries, financial assets,
fixed assets, intangible assets and related income and expenses.
- Lead
LAHL budgeting, forecasting, cash-flow planning and periodic performance
reviews. Analyse financial performance against budget, forecast and
prior periods and provide clear commentary on material movements.
- Maintain
a robust financial control environment and ensure compliance with approved
accounting policies, the Delegation of Authority and related procedures.
- Ensure
timely completion of reconciliations, balance-sheet attestations, control
reviews and financial close controls.Identify control weaknesses, agree
corrective actions and track remediation to closure.
- Drive
standardisation, automation and continuous improvement of finance
processes while maintaining appropriate segregation of duties.
- Lead
the LAHL entity procurement function and ensure all sourcing, purchasing,
contracting and payment activities comply with the Procurement Policy,
procedures and Delegation of Authority.
- Oversee
procurement planning, tendering, supplier evaluation, due diligence,
negotiation and contract award processes to promote fairness,
transparency, value for money and appropriate competition.Ensure complete
procurement documentation, approvals, declarations of interest, evaluation
records and contracts are retained for audit and governance purposes.
- Oversee
supplier onboarding, performance monitoring, contract registers, renewal
dates and remediation of supplier-performance concerns.
- Monitor
procurement spend, commitments, savings, exceptions and contract
compliance and report significant matters to management.Ensure
coordination between Procurement, Finance, Legal, Risk, Information
Technology and business owners before contractual commitments are entered
into.Escalate material procurement exceptions, conflicts of interest,
supplier concentration, contractual exposures and
non-compliance.Coordinate tax computations, returns, payments and
supporting schedules and ensure compliance with applicable filing
deadlines.
- Monitor
LAHL’s IFSC status and compliance with applicable requirements.Coordinate
internal and external audit requirements and maintain continuous audit
readiness.
- Monitor
debt-to-equity, capital adequacy, guarantees and other relevant financial
or covenant ratios and escalate potential breaches promptly.
- Conduct
half-yearly solvency and going-concern assessments and coordinate
impairment assessments for investments in subsidiaries and other financial
assets.
- Ensure
intercompany balances are appropriately recorded, reconciled, confirmed
and settled.
- Oversee
the financial management, reporting, statutory compliance and governance
of designated SPVs, including Letshego Mauritius, Letshego South Africa,
ERF8585 and LIOC, or their successors.
- Lead,
coach and develop the LAHL Finance and Procurement teams and ensure clear
allocation of responsibilities and performance expectations.
- Build
effective relationships with Group Finance functions, subsidiary finance
teams, business functions and external stakeholders.
- Promote
accountability, ethical conduct, continuous improvement and timely
delivery.
Requirements
- Education:
Bachelor’s Degree in Accounting, Finance or a related discipline.ACCA,
CIMA, CPA or equivalent professional accounting qualification is
essential.
- Experience:
Minimum of seven years’ post qualification experience in financial
accounting, reporting or financial management, including at least three
years in a supervisory or management role.
Experience in statutory reporting, external audit, tax compliance, budgeting, forecasting, balance-sheet management and procurement governance.
Experience in a financial services, regulated or multi-entity Group environment is preferred.
Experience managing SPVs and holding-company arrangements is advantageous. - Certifications:
Member in good standing of Botswana Institute of Chartered Accountants and
other relevant professional institutes.
- Knowledge:
Strong knowledge of IFRS and applicable financial and statutory reporting
requirements
Accounting for investments in subsidiaries and financial instruments Impairment, solvency and going-concern assessments
Taxation and IFSC requirements
Capital, covenant and liquidity monitoring. Internal controls and corporate governance
Procurement governance, sourcing and contract-management principles. ERP systems, advanced Excel and financial reporting tools - Skills:
Financial reporting and technical accounting
Analytical and commercial judgement
Financial control and risk management
Planning, budgeting and forecasting
Procurement and supplier management
Leadership and people development
Stakeholder management and influencing
Clear written and verbal communication
Process improvement and automation
Ability to manage competing priorities and tight deadlines