Head of Finance - Ghana Oil and Gas Insurance Pool

Role Overview

We are seeking a Head of Finance to establish, lead and run GOGIP's finance function

The role plays a critical part in maintaining the financial health of the Pool and supporting informed decision-making by management and the board, it requires a hands-on, practice financial professional who exercises sound financial judgment and is comfortable building fit-for-purpose finance structures in an evolving environment

This is a build-and-run role, requiring initiative, accountability and the ability to identify issues early and drive practical solutions through to resolution

Key Responsibilities

Finance and Control

• Establish and manage GOGIP's finance function, including systems, controls and reporting processes in line with board-approved policies
• Oversee cash flow management, banking relationships and investment activities
• Maintain accurate accounting records and ensure effective internal controls

Financial Reporting

• Prepare monthly and quarterly management accounts for management and the Board
• Support preparation of annual financial statements and coordinate with external auditors
• Provide clear financial analysis to support decision-making

Tax and Regulatory Compliance

• Manage tax compliance, including VAT, withholding taxes, PAYE and statutory filings
• Act as the primary point of contact with Ghana Revenue Authority (GRA)
• Ensure compliance with National Insurance Commission (NIC) requirements

Budgeting and Planning

• Lead annual budgeting and periodic forecasting
• Monitor performance against budget and explain variances
• Support management with forward-looking financial insights
• Develop and maintain long-term financial plans and capital requirements

Risk Management and Controls

• Ensure effective internal controls and financial governance frameworks
• Identify and manage financial risks, including oversight of investment and asset management

Operational Support / Admin

• Support the operational setup of GOGIP LBG, including asset and liability transition and finance-based aspects of underwriting and premium settlement
• Take ownership of finance deliverables from planning through execution, ensuring timely completion and resolution of issues
• Identify issues early and propose practical solutions without waiting for instruction
• Oversee administrative functions, including coordination of HR-related activities, policies and staff support where required
  
  

Stakeholder Engagement

• Engage professionally with banks, auditors, regulators, consultants and member companies while representing GOGIP's interests
• Provide clear and well-structured financial input to support management and board decision-making
  
  

Who We Are Looking For

This role suits someone who:

• Takes ownership of outcomes, not just processes or reports
• Is comfortable operating with limit precedent and building structure where none exists
• Exercises sound judgment when balancing control, compliance and commercial practicality
• Communicate confidently with senior stakeholders, including management and the board
• Proactive identifies risks and improvement opportunities
  
  

Qualifications Required & Experience

• A University degree in Accounting, Finance, Business Administration, Economics or a related discipline
• Professional accounting qualification (ICAG, ACCA, CIMA or equivalent)
• 8 to 12 years relevant experience in finance, accounting or financial management
• Strong knowledge of financial control, reporting, taxation (including VAT) and statutory compliance
• Strong proficiency in financial systems, reporting tools and Microsoft Excel

Desirable

• Experience in insurance, reinsurance, financial services or a regulated environment
• Experience setting up or strengthening a finance function
• Prior engagement with regulators or statutory bodies

Location: Accra

🔥 SIMILAR JOBS YOU MAY LIKE → APPLY