Finance Pillar

Chief Financial Officer (CFO)

Head of Finance Pillar — oversees funding, accounting, treasury, financial reporting, and tax compliance.

2

Departments

2

Roles

5

Pillar KPIs

Pillar KPIs

Top-level metrics that drive this pillar's success

F1

Financial Health

Are we making money? Is cash flow positive? Can we sustain and fund growth?

F2

Reporting Accuracy

Are all transactions recorded and reconciled correctly? Zero errors.

F3

Investor Returns

Are we paying Frag holders their income on time and accurately? This is trust.

F4

Tax & Regulatory Compliance

Are all tax filings submitted on time? No late penalties.

F5

Budget Discipline

Are we spending within plan? Is the company financially controlled and predictable?

Departments & Roles

Click on any role to see its key deliverables

Accounting

1 role

Chief Accountant

Oversees all accounting operations — ledger management, reconciliations, and month-end close.

Accounting

5 KPIs

Transactions recorded on time

% of financial transactions posted within 24 hours

F2

Month-end close time

Days from month-end to books closed — lower = better

F2

Reconciliation accuracy

% of ledger accounts reconciled with zero discrepancies

F2

Invoices processed on time

% of payables and receivables processed by due date

F2

Accounting errors per month

Number of journal entry errors — target: zero

F2

Tax

1 role

Tax Manager

Oversees all tax planning, filing, and compliance — ensuring zero late submissions or penalties.

Tax

5 KPIs

All taxes filed on time

100% on-time filing — CIT, VAT, PAYE, withholding tax

F4

Tax penalties incurred

₦ in late filing or underpayment penalties — target: zero

F4

VAT reconciliation accuracy

VAT returns match actual transactions — zero discrepancies

F2

Effective tax rate

Actual tax paid as % of profit — is our planning working?

F4

Tax audit outcomes

Any adverse findings from FIRS/state revenue audits — target: zero

F4