• Application Deadline:
• Position: Manager, Finance & Accounts



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 10 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

SUMMARY

• The Manager, Finance & Accounts will direct and oversee financial activities; direct the preparation of all financial reports and summaries, and create forecasts predicting future growth.


• S/He will be responsible for analyzing strengths/weaknesses in the company’s finances and overseeing all aspects of its financial success.

RESPONSIBILITIES

Business Strategy:

• Provides financial advisory to the management to guide the formulation of financial policy and business strategy; ensures that all financial policies, procedures, and systems are sound.


• Overseas the preparation of Annual Operating Plan, Business Financial Plan and Analytics.


• Provides financial direction, planning and accounting to the business, covering short term and long-term financial goals.


• Oversees commercial decision-making from margin analysis, pricing analysis, etc.


• Advises and implements best practice methods to increase revenue and reduce costs.

Liquidity & Treasury Management:

• Ensures that optimal liquidity is available to deliver business plan.


• Reviews working capital/cash flow requirement on a regular basis.


• Monitors all financial activities for the entire Group for optimal running of the business.

Budgeting and Financial Forecast:

• Develops plans, budgets, forecasts, and financial results to guide management decisions by forecasting requirements, analyzing variances, and initiating corrective actions.


• Presents operating and capital expenditure budgets for review and approval Financial Analysis & Interpretation.


• Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.


• Responsible for accurate and timely financial reporting for the CEO/Board of Director, in line with statutory and regulatory financial reporting requirements.


• Should demonstrate understanding of advanced business finance and performance analysis.

Regulatory & Statutory Relationship:

• Manages the relationship with (and oversees activities related to) internal & external auditors and regulators to ensure effective and timely completion of the audit/examination process.


• Coordinates regulatory and supervisory functions.


• Manages relationship with regulatory and statutory bodies in all markets where we operate.


• Manages and oversees the organization's taxation affairs and liaises with external tax consultants.

Internal Control & Monitoring:

• Ensures adequate controls are installed and maintained to cover all financial transactions, including safeguarded financial assets.


• Ensures compliance with internal controls and regulatory guidelines.


• Lead and Manage the revenue assurance processes and systems in the group.


• Ensures the adoption of new International Financial Reporting Standards based on knowledge of the standards to ensure the company’s financials align with global best practice.


• Reviewing all formal finance & related policies, and procedures.

QUALIFICATION AND EXPERIENCE

• Minimum of 10 years of financial experience, with at least 5 years in a senior financial management role within the Finance/Financial services industry spanning Finance, Financial Reporting, Performance Management, Strategy, Business Planning, Business Partnering, Revenue Assurance, Treasury Management and Accounting.


• Minimum of a bachelor’s degree or its equivalent in Accounting and Finance.


• The candidate must have the ACCA recognized professional qualification. A CFA will be an added advantage.


• Knowledge of statutory and regulatory situations as well as global best practices.


• Proven experience in financial planning and analysis, including management accounting.


• Strong knowledge of regulatory reporting within the financial services sector or similar industries.


• Exposure to corporate finance activities, including capital management and M&A.


• Experience within the Group finance setting of a multi-jurisdictional bank or financial services group.


• Experience working at one of the Big Four Accounting firms is a plus.