Finance Manager at eRecruiter Nigeria

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
8 days ago

Additional Details

Job ID
110110
Job Views
31

Job Description






Responsibilities



Strategic Responsibilities




  • Provide strategic management of the finance function.

  • Establish and oversee the accounting policies, procedures and internal controls for the company, including but not limited to revenue recognition, cash management and controls, expense approval authorities, depreciation schedules, etc.

  • Oversee the reporting of company financial activity to tax authorities.

  • Facilitate organisational accountability and transparency, while providing strategic leadership.

  • Set up a budgeting process for the company, and work with business heads to prepare budgets, report results, analyse variance and initiate corrective actions.

  • Work with the CEO to analyse organisation operations, and to identify opportunities for improvement, cost reduction, and systems enhancement.

  • Provide analysis, insight and advice on financial performance to the CEO and business unit leaders for sound decision-making for the company.

  • Work with the CEO and the Human Resources Manager on financial management and oversight of employee benefit and compensation plans.



Operational Responsibilities 




  • Support in the development and articulation of financial strategy for the company’s business growth plans.

  • Monitor and improve operation costs, profitability and manage business risks.

  • Ensure compliance with statutory authority and audit requirements including FIRS.

  • Prepare and review annual budgets, monthly forecasts and operating results.

  • Identify and research appropriate investment opportunities for the Company that maximises the returns whilst complying with our liquidity requirements. 

  • Develop the forecasting models (P&L, Balance Sheet and Cashflow)

  • Prepare monthly accounts (P&L, Cash flow statements and balance sheet)

  • Co-ordinate and prepare annual budgets, including operating and capital expenditure budgets.

  • Ensure all company assets are monitored and accurately accounted for.

  • Liaise with external advisors during the preparation of statutory financial information

  • Preparation of annual statutory accounts.

  • Preparation of tax computations (VAT and Company Tax).

  • Prepare payroll figures and manage insurance.

  • Review company internal controls.

  • Actively identify and research new opportunities to reduce costs for the Company

  • Actively participate in senior-level meetings/discussions, potentially related to long-term financial plans, and strategy development for various projects. 

  • Evaluate, develop and implement financial and cash management systems to optimize efficiencies. 

  • Assist with profit improvement opportunities for the restaurant operations.



Requirements




  • Minimum of first degree in Accounting, Finance, Economics or any related field. A Master’s degree is an added advantage.

  • Relevant professional certifications e.g. Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent is mandatory.

  • Minimum of 8 years cognate experience, with at least four years’ experience in a similar role in the hospitality sector.

  • Good knowledge of Financial management, Cash Flow management, Management Accounting, Financial performance reporting, Financial planning, Risk management



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