Finance Manager – Holding Company

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

1. Financial oversight of the LAHL entity budget, operating expenditure, financial reporting and procurement activities. Approval of transactions within the approved Delegation. 
2. Assets oversight of LAHL investments in subsidiaries, financial assets, fixed and intangible assets, intercompany balances and other assets and liabilities of the Holding Company. 
3. Direct management of the LAHL Finance and Procurement teams, in line with the approved organisational structure. 
4. Ensure that all relevant financial controls are adequately designed, implemented, and operating effectively to safeguard the integrity of the financial reporting of LAHL. 
5. Monitor, and enhance the control environment to address emerging risks, strengthen governance, and promote a culture of continuous improvement. 
6. 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.
7. Review balance-sheet reconciliations, substantiating schedules and outstanding reconciling items, ensuring timely resolution.
8. Coordinate LAHL reporting inputs into Group consolidation, senior management and Board reporting.
9. Ensure appropriate accounting for investments in subsidiaries, financial assets, fixed assets, intangible assets and related income and expenses.
10. 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.
11. Maintain a robust financial control environment and ensure compliance with approved accounting policies, the Delegation of Authority and related procedures.
12. 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.
13. Drive standardisation, automation and continuous improvement of finance processes while maintaining appropriate segregation of duties.
14. 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.
15. 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.
16. Oversee supplier onboarding, performance monitoring, contract registers, renewal dates and remediation of supplier-performance concerns.
17. 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.
18. Monitor LAHL’s IFSC status and compliance with applicable requirements.Coordinate internal and external audit requirements and maintain continuous audit readiness.
19. Monitor debt-to-equity, capital adequacy, guarantees and other relevant financial or covenant ratios and escalate potential breaches promptly.
20. Conduct half-yearly solvency and going-concern assessments and coordinate impairment assessments for investments in subsidiaries and other financial assets.
21. Ensure intercompany balances are appropriately recorded, reconciled, confirmed and settled.
22. Oversee the financial management, reporting, statutory compliance and governance of designated SPVs, including Letshego Mauritius, Letshego South Africa, ERF8585 and LIOC, or their successors.
23. Lead, coach and develop the LAHL Finance and Procurement teams and ensure clear allocation of responsibilities and performance expectations.
24. Build effective relationships with Group Finance functions, subsidiary finance teams, business functions and external stakeholders.
25. Promote accountability, ethical conduct, continuous improvement and timely delivery. 

Requirements

1.  Education: Bachelor’s Degree in Accounting, Finance or a related discipline.ACCA, CIMA, CPA or equivalent professional accounting qualification is essential. 
2.  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.
3. Certifications: Member in good standing of Botswana Institute of Chartered Accountants and other relevant professional institutes.
4.  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
5. 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
    

About Company

Letshego Holdings Limited

https://www.letshego.com

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.